Trade News Updates

Government, Business, Logistics

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024
Government, Business, Logistics

EU Prepares Two-Track Plan for Trump Trade Ties

The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.

November 21, 2024
Government, Business

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders.

March 13, 2024
Government, Business, Logistics

US-Mexico Trade Trends Indicate Nearshoring Has Momentum

The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity.

December 7, 2023
Government, Business

Mexico Tells US It Wants to Keep Talking on Trade Disputes

MEXICO CITY — Mexico’s economy secretary on Dec. 1 proposed yet another round of talks with the United States on a dispute over Mexico’s energy sector.

December 2, 2022
Government, Business

Goods-Trade Deficit Narrows to Smallest This Year

The U.S. merchandise-trade deficit narrowed in May to its smallest this year as exports rose to a record, suggesting a tailwind for economic growth in the second quarter.

June 28, 2022
Government, Business

Senators Blast US Trade Chief on Failure to Consult Congress

A bipartisan group of the top senators on the committee that deals with trade blasted President Joe Biden’s chief negotiator for failure to adequately consult with lawmakers regarding the administration’s positions.

May 10, 2022
Government, Business, Logistics

US Slashes Russia Trade Status

WASHINGTON — President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

March 11, 2022
Government, Business

UK Wants to Renew Push for US Trade Deal After Midterms

The U.K. is hoping to resume its free-trade negotiations with the Biden administration after the U.S. midterm elections later this year, the minister leading the push said Feb. 2.

February 2, 2022
Government, Business

Merchandise-Trade Deficit Hits Record as Imports Jump

The U.S. merchandise-trade deficit unexpectedly widened in December to a fresh record as imports continued to rise, outpacing shipments overseas.

January 26, 2022