Stories Tagged as
Tariffs
U.S. trade officials hold hearing on next batch of tariffs
Jul 24, 2018
In June, President Donald Trump announced tariffs on $50 billion in Chinese goods, most of which went into effect earlier this month. Now U.S. trade officials are set to impose the rest of them, but not before a hearing on Tuesday and Wednesday with U.S. business leaders. The list of products includes industrial machinery, communications […]
Mnuchin urges trading partners to drop “non-tariff barriers”
Jul 23, 2018
U.S. Treasury Secretary Steven Mnuchin says the U.S. is ready to negotiate with China, the EU, and Japan on trade. But at the conclusion of a G-20 finance leaders meeting in Argentina this weekend, Mnuchin said our trading partners would have to remove tariffs on U.S. goods — and get rid of “non-tariff barriers” on U.S. […]
Why the auto industry (mostly) opposes proposed tariffs
Jul 19, 2018
Even so-called "domestic" carmakers are global companies with international supply chains.
U.S. risks isolation as other countries sign trade pacts
Jul 17, 2018
Tuesday in Tokyo, the European Union and Japan inked a fresh trade pact that will eliminate most of the tariffs between them. The EU has been a busy bee on the trade front. It recently agreed to a new deal with Mexico, and a new one with Canada is now up and running. It’s in […]
Alcoa earnings will give a glimpse of the aluminum industry now that tariffs are in play
Jul 17, 2018
On Wednesday, we get second-quarter earnings from Alcoa, the major aluminum manufacturer. And that may offer clues about how the escalating trade battle is playing out for domestic manufacturers and workers now that tariffs on aluminum and steel are a reality. The United States is now charging 10 percent tariffs on imported aluminum from Canada, […]
Why China loves American natural gas more than it hates our tariffs
by
Justin Ho
Jul 11, 2018
Ever since the shale revolution turned the U.S. into one of the world’s biggest energy exporters, other countries have been clamoring to buy American oil. One product in particular is seeing huge demand abroad – liquefied natural gas. Refineries turn natural gas into liquid to make it easier to ship overseas. In fact, as trade […]
China vows retaliation for $200 billion U.S. tariff threat
Jul 11, 2018
The economic impact of the conflict is already spreading.
For public good, not for profit.
Small business is on a roll
Jul 10, 2018
The National Federation of Independent Business reports small-business optimism remains near a record high.
Tariffs just one headwind for China’s economy
by
Scott Tong
Jul 9, 2018
Today is day four of the tariff battle — some call it war — between the U.S. and China. Whether it’ll cause major economic damage depends who you ask. We step back to assess the Chinese economy in this fragile moment and how its transition from a middle-income country to a rich one is going. Click the audio […]
Is there an exit strategy for the trade war with China?
Jul 6, 2018
When we go to war in the conventional sense, there’s usually supposed to be an exit strategy. What about with trade wars? How do we get out of this one? Click the audio player above to hear the full story.