Trade News Updates

Government, Business, Logistics

VW Warns Trade War Causing Slow Car Sales

Volkswagen AG and other carmakers warned that trade tensions risk dragging the global economy into a recession as the fallout starts to hit consumers.

September 10, 2019
Government, Business

Small-Business Optimism Drops to Lowest in Five Months

Optimism among U.S. small-business owners fell in August to the lowest level in five months, with the outlook for the economy and sales slumping amid escalating trade tensions and recession fears.

September 10, 2019
Government, Business

Trade Deal Before Presidential Election May Suit Beijing

President Donald Trump tweeted this week that any trade deal China might secure from America would get “much tougher” upon his re-election. The insinuation being of course that Beijing should really work something out before November 2020.

September 6, 2019
Government, Business

Federal Reserve Finds Wide Tariff Anxiety

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.

September 5, 2019
Government, Business

US and China Locked in New Tariff Stare-Down

Labor Day picnic products are just a sampling of the more than 3,200 categories of Chinese goods targeted for the new tariff starting Sept. 1, barring a last-minute flinch by President Donald Trump.

August 30, 2019
Government, Business

Second-Quarter Growth Revised Down to 2%

U.S. economic growth decelerated in the second quarter by more than initially reported, suggesting President Donald Trump’s trade actions are weighing more heavily on the pace of expansion.

August 29, 2019
Government, Business

China Trade War Means US Dairy is Missing Out

America’s dairy farmers, already struggling with falling milk consumption and low prices, are missing out on a rare demand boom thanks to Donald Trump’s trade war with China.

August 27, 2019
Government, Business, Fuel

Diesel Price Falls for Seventh Consecutive Week, Down 1.1¢ to $2.983 a Gallon

The U.S. average retail price of diesel dropped 1.1 cents to $2.983 per gallon, the Department of Energy reported Aug. 26, and the price of crude dropped to a two-week low amid the persistent tariff-related faceoff between the United States and China.

August 26, 2019
Business, Logistics

Trump Says He’s Raising Tariffs on China After Its Retaliation

President Donald Trump said Aug. 23 he’s raising tariffs further on Chinese imports in response to Beijing’s retaliation earlier in the day, deepening the impasse over the two nations’ trade policies.

August 23, 2019
Government, Business

IMF Says Tariffs Are Ineffective Tool to Right Trade Imbalances

Tempting as it might be to think a stronger dollar offsets higher U.S. tariffs by making Chinese imports cheaper, the International Monetary Fund says the greenback’s global prevalence tells a different story.

August 21, 2019