Tariffs

The Trump administration announced details today of a $12 billion aid package for farmers hurt by the trade war. Retaliatory tariffs imposed by China and other countries have hit soybean producers especially hard, with prices falling about $2 a bushel this summer. The aid package includes help for soybean, wheat and corn farmers, and dairy […]

The U.S. Trade Representative is holding hearings on $200 billion in proposed tariffs.

Negotiators should seek specific policy changes, trade experts say.

Shares in Target hit an all-time high after the retailer reported second-quarter profits, revenue and sales that beat analysts’ projections — and an unprecedented increase in foot traffic through its stores. Target CEO Brian Cornell is so optimistic that he isn’t even worried about the effect of increased tariffs. The retailer has “a lot of […]

Despite current tensions, many businesses expect disruption to be short-lived.

In May, the Trump administration announced import tariffs on Canadian steel and aluminum. Canada retaliated with its own, longer list of tariffs that includes steel and aluminum but also products from bourbon to strawberry jam. With the risk of an escalating trade war, a father-son team has created a website for Canadians to find products […]

A steel producer stands behind Trump's decision to implement tariffs.

Over 350 witnesses are slated to testify at the U.S. Trade Representative’s office on Trump’s proposal to tax another $200 billion worth of Chinese imports.

Texas residents struggle with heat and rising air-conditioning expenses.

Turkey’s currency, the lira, is in free fall. It’s been declining for months and today it reached a record low, down by as much as 18 percent. Part of the reason is Turkey’s bad relations with the United States. The two countries have been at odds lately over the detention of an American pastor. And […]