Trump’s tariff threat puts China’s leader in a bind

May 6, 2019
In Beijing, President Donald Trump’s new threat to hike tariffs on Chinese goods has not gone over well. Stocks fell 5% in one Chinese stock exchange, 7.4% in another, and the currency tumbled. Politically, this puts Chinese leaders in a tough position. They want to end this trade war, but as we know, all politics […]
BEIJING, CHINA - NOVEMBER 9: U.S. President Donald Trump and China's President Xi Jinping arrive at a state dinner at the Great Hall of the People on November 9, 2017 in Beijing, China. Trump is on a 10-day trip to Asia.
Thomas Peter - Pool/Getty Images

What washing machine prices tell us about the impact of tariffs

Apr 22, 2019
The cost of tariffs put on the appliances last year was passed on to U.S. consumers, according to new research.
Customers look at Maytag and Whirlpool washers and dryers in New York City.
Spencer Platt/Getty Images

After a year of tariffs, steel industry deals with "chaos fatigue"

Apr 17, 2019
Exhausted and burdened, businesses are ready for new policy on steel trade.
A worker prepares to lift a roll of steel with a crane at a shipyard in Nantong in China's eastern Jiangsu province in May.
AFP/Getty Images

China's GDP is growing faster than expected. What does that mean for trade talks?

Apr 17, 2019
The White House had argued that a weakening Chinese economy would give the U.S. an advantage in negotiations.
Vendors inside a fruit store wait for customers in Beijing in February. 
Nicolas Asfouri/AFP/Getty Images

My Economy: The personal cost of a year of tariffs

Mar 19, 2019
For Sam Desai, vice president at RM Metals, a year of tariffs on his balance sheet changed his work habits.
Tom Mihalek/Getty Images

Solar energy heats up despite tariffs

Mar 14, 2019
In 2018, the Trump administration imposed tariffs of 30 percent on imported solar panels and set quotas to limit solar imports. This caused a slump in the solar energy industry. But two new reports show that last year wasn’t as bad as the industry feared, and predicts a boom in new solar installations this year. […]
A solar farm under construction in Punta Gorda, Florida, on April 22, 2016.
KERRY SHERIDAN/AFP/Getty Images

Why Trump didn't shrink the trade deficit in 2018

Mar 7, 2019
Americans imported a record number of goods last year, according to new data from the Commerce Department released Wednesday. U.S. service exports also hit a record high. The net effect was the largest trade deficit since 2008 — $621 billion, up nearly 13 percent from the prior year. However, many economists say the U.S. trade deficit […]
President Donald Trump's administration is said to be considering changes to the way the trade deficit is calculated.
Ron Sachs-Pool/Getty Images

For public good, not for profit.

EU and U.S. officials meet to talk trade

Mar 5, 2019
The trade talks will be held in Washington on Wednesday. Last year, a dispute between the two parties erupted over cars  — the Trump administration demanded that the Europeans cut their 10 percent import tariff on American vehicles. In July, a trans-Atlantic truce was reached. But the dispute has since widened beyond cars, and that […]
Flags of the European Union member states hang inside the Council of the European Union's Lex building in Brussels.
Dan Kitwood/Getty Images

Trump delays increase in tariffs on Chinese goods

Feb 25, 2019
The president cites "substantial progress" in weekend talks.
U.S. President Donald Trump meets with China's Vice Premier Liu He in the Oval Office of the White House on Feb. 22.
MANDEL NGAN/AFP/Getty Images

One member of Congress is still taking on tariffs

"We're trying to make sure that we don't lose jobs and that we treat our American companies fairly," Rep. Jackie Walorski says.
U.S. Rep. Jackie Walorski (R-Ind.) visits a manufacturing facility in Wabash, Indiana.
Courtesy of the office of Jackie Walorski