Government, Business, TCA

US Exports Competitive in NAFTA Countries While Losing Ground in China

Trade Canada Prime Minister Justin Trudeau and President Donald Trump (Olivier Douliery/Abaca Press)

The prices U.S. producers get for their exports in Latin America and Canada rose this year, relative to the cost of goods imported to the United States, the Bureau of Labor Statistics said March 21. At the same time, prices for American-made goods sold in China and Japan fell.

Erin Douglas | Houston Chronicle
March 22, 2019
Government, Business, Logistics

Trump Says China Deal ‘Close’ Ahead of New Talks

China Patrick T. Fallon/Bloomberg News

President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.

March 22, 2019
Government, Business, Logistics

China Buys Most US Pork in Two Years as Futures Extend Rally

Pork Daniel Acker/Bloomberg News

China, the world’s largest consumer of pork, made its biggest purchase of the meat from the U.S. in nearly two years as African swine fever reduces hog herds and drives up prices.

Michael Hirtzer | Bloomberg News
March 15, 2019
Government, Business, Logistics

Trade War Leaves Pacific Northwest Port Growth at Risk

Port A United Grain Corp. employee stands on a ship. (Moriah Ratner/Bloomberg News)

An industry that saw dramatic growth in the 10 years before Donald Trump became president is now concerned his administration’s trade tussle with China, and the lack of a deal with Japan, will cut future growth short.

Shruti Singh | Bloomberg News
March 8, 2019
Government, Business, Logistics

How a US-China Deal Might Reshape Global Trade

Corn Daniel Acker/Bloomberg News

President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?

March 7, 2019
Government, Business, Logistics

Trump Plans to End Key Trade Preferences for India, Turkey

India Dhiraj Singh/Bloomberg News

President Donald Trump announced plans to end key trade preferences for India and Turkey, in the latest move by the United States to counter what it calls unfair trade practices.

March 5, 2019
Government, Business, Logistics

Trade Deal That Would Lift US Tariffs on Chinese Goods Said to Be Near

Trade Leaders from China and the US during trade talks. (Al Drago/Bloomberg News)

The United States and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.

Jenny Leonard | Bloomberg News
March 4, 2019
Government, Business, Logistics

Trump’s Extension of China Truce Gives Xi Breathing Room on Slowdown

Trade Qilai Shen/Bloomberg News

Donald Trump’s decision to extend a deadline on additional tariffs on Chinese goods provides Xi Jinping with some temporary relief as he struggles to arrest an economic slowdown.

February 25, 2019
Government, Business, Logistics

North American Leaders Discuss Future of USMCA

Panelists (from left) Larry Kudlow, Jesus Saede and Marc Garneau Panelists (from left) Larry Kudlow, Jesus Saede and Marc Garneau by Eleanor Lamb/Transport Topics

WASHINGTON — Trade officials representing the United States, Canada and Mexico committed to advancing the treaty that is meant to serve as a replacement for the North American Free Trade Agreement. The U.S.-Mexico-Canada Agreement was announced in late September as an update to NAFTA, which took effect in 1994.

Eleanor Lamb | Staff Reporter
February 24, 2019
Government, Business, Logistics

US, China Crafting Foundation for Trade Deal, Source Says

China Mario Tama/Bloomberg News

U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks.

Jenny Leonard | Bloomberg News
February 21, 2019