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Tariffs

Trump administration hits Canada with new tariffs

by Kimberly Adams
Apr 25, 2017
The Commerce Department announced new tariffs of 3 percent to 24 percent on Canadian lumber companies, saying the Canadian government unfairly subsidizes the industry. Some American companies will have to pay the fee retroactively for orders delivered in the last 90 days. This debate has been ongoing for decades, and Canada denies it unfairly supports […]
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Why a steel tariff could hurt instead of help

by Adam Allington
Apr 20, 2017
President Trump could sign an executive order tomorrow triggering an investigation into competition in the steel industry. That in turn could lead to new tariffs on foreign steel. The idea would be to protect the U.S. steel industry, but often the imposition of tariffs can lead to unintended consequences. Click the audio player above to […]
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Businesses are bracing for a Trump tsunami

by Sabri Ben-Achour
Mar 3, 2017
With taxes, health care and trade deals up in the air, companies are worried.
With major trade policy change possible, companies are trying to understand border taxes and imports and exports.
Photo by Justin Sullivan/Getty Images
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Retailers launch TV campaign to battle proposed tax on imported goods

by Adam Allington
Mar 2, 2017
Best Buy released earnings this week, at a time when retailers are concerned about the imposition of a border adjustment tax. The National Retail Federation has launched a media campaign hoping to win consumers over by pointing out how costs of everyday purchases will go up. The TV ad is airing on “Fox and Friends” […]
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Georgia sees good relationship with China as one key to its economic future

by Marketplace Contributor
Feb 21, 2017
International companies have been helping to create domestic jobs.
Scott Malone (left), president of Development Authority of LaGrange, and Rami Helminen, CEO of Sentury Tire North America, at the site of the future tire plant. The company is expected to create about a 1,000 jobs in Georgia. 
Elly Yu
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Midwest farmers are wary of talk about tariffs

by Marketplace Contributor
Jan 6, 2017
The U.S. sells about half its annual soybean crop overseas, total value about $20 billion.
A worker at a Minnesota grain elevator helps load soybeans onto a train bound for the west coast export market.
Mark Steil
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Would tariffs on imports expand the economy, or shrink it?

by Nancy Marshall-Genzer
Dec 22, 2016
Latest GDP numbers show economy is performing better than thought
STR/AFP/Getty Images
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Some Minnesota iron mine workers prepare for uncertain future

by Marketplace Contributor
Dec 8, 2016
After being laid off for 18 months, some mine workers start training for other jobs.
David Meyer is one of several laid off mineworkers from Keewatin Taconite enrolled in the Industrial Systems Technology program at Hibbing Community College. 
Dan Kraker
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The ties that bind: the U.S. and Chinese economies

by Sabri Ben-Achour
Dec 6, 2016
Tensions are rising, but their futures may be inextricably linked.
Two women running business of banners pose with a support banner for Republican presidential candidate Donald Trump at Yiwu International Trade Centre on November 10, 2016 in Jinhua, Zhejiang Province of China.   
VCG/VCG via Getty Images
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Trump reignites a long-standing debate on trade

by Tracey Samuelson
May 27, 2016
There are lots of reasons to care if there's a trade war.
Republican presidential candidate Donald Trump speaks during a campaign stop at the Palladium at the Center for the Performing Arts on May 2, 2016 in Carmel, Indiana.
Joe Raedle/Getty Images
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