President Trump sounded off in a meeting with G-7 officials yesterday, allegedly saying that Germany is “bad, very bad” for running up a trade surplus with the U.S., selling millions of cars on American shores. This is not the first time the president has called out Germany on trade, and it’s safe to say that […]
The remaining members of what would have been the Trans-Pacific Partnership will meet this weekend in Hanoi. Several countries attending the Asian-Pacific Economic Cooperation conference in the Vietnamese capital will hold discussions about reviving the regional trade agreement. The U.S. may have pulled out of the deal, but there is still a strong desire to […]
Chinese President Xi JinPing is calling for wider participation in his country’s massive “One Belt, One Road” infrastructure project. Xi hosted a summit in Beijing over the weekend to tout the benefits of the plan, which will expand trade links between China, Asia, Africa and Europe. Meanwhile, the Trump Administration is pushing ahead with its “America […]
China was hailing its new trade deal with the United States today. Commerce Secretary Wilbur Ross said yesterday the agreement will help cut the U.S.’s massive trade deficit with China. The deal will open China’s beef market to U.S. cattle for the first time in 15 years, and benefit American natural gas and credit card […]
One more of President Trump’s nominees can move into his office and take up the president’s agenda on international trade, specifically NAFTA. Robert Lighthizer, an international trade lawyer and former trade official in the Reagan administration, was confirmed as U.S. trade representative today by the Senate on a vote of 82 to 14. He’s likely […]
Marketplace correspondent and host Sabri Ben-Achour explains the fundamentals of the North American Free Trade Agreement and what would happen if NAFTA was terminated.
