trade

WASHINGTON — President Joe Biden announced Friday the United States and other allies will move to revoke Russia’s “most favored nation” trade status in response to its unprovoked military invasion of Ukraine, with the U.S. specifically targeting Russian imports such... Read More

WASHINGTON — Reps. Earl Blumenauer, D-Ore., chairman of the House Ways and Means Trade Subcommittee, and Lloyd Doggett, D-Texas, are urging their colleagues to support legislation ending permanent normal trade relations between the U.S. and Russia. At the same time,... Read More

WASHINGTON — The Biden administration has struck a deal with Japan to remove Trump-era tariffs from roughly 1.25 million metric ton of Japanese steel imports annually. The new deal, which excludes aluminum, will take effect on April 1. In return... Read More

SAN ANTONIO — Members of the Blue Dog Coalition hosted a virtual roundtable discussion on Wednesday over impediments to the national supply chain as well as what’s being done to solve them. The discussion featured input from Gene Seroka, executive... Read More

WASHINGTON — The get-tough attitude toward China’s trade practices was on full display Thursday during a congressional hearing as international tensions heat up. Trade experts and lawmakers accused China of unfairly subsidizing its industries to beat out American competitors, stealing... Read More

WASHINGTON — Early advice from the World Health Organization warned against imposing travel or trade restrictions on countries experiencing COVID-19 outbreaks. Now experts fear the decision by most countries to ignore this advice may have unintended consequences for the future... Read More

A year and a half into the COVID-19 pandemic, travel bans meant to stem the crisis are taking a significant toll on global growth and trade, according to a new report from The Conference Board, the nonprofit business and research... Read More

WASHINGTON -- Among the unpredicted impacts of COVID-19 was the vulnerability of American dependence on manufacturing and services from China. Everything from consumer products to pharmaceuticals and health and safety equipment experienced delays and shortages as a result of China... Read More

WASHINGTON (AP) — The U.S. trade deficit increased to a record $75.7 billion in June as a rebounding American economy sent demand for imports surging. The Commerce Department reported Thursday that the deficit rose 6.7% from a revised May deficit... Read More

The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting last week, a development - or lack of one - that appears capable of severely straining relations between the two countries a year... Read More

WASHINGTON — At the one-year anniversary of the USMCA trade agreement coming into force, trade representatives from the United States, Mexico, and Canada are patting themselves on the back for a job well done. They have good reason, as the... Read More

WASHINGTON — Her Royal Highness Princess Reema bint Bandar remembers DC’s cicadas. In fact, she says she lived through the “cicada invasion” twice during her “non-diplomatic, but highly socially-connected” childhood in Northern Virginia while her father served as Saudi Arabian... Read More

WASHINGTON — On March 17, 2021, Ambassador Katherine Tai was confirmed as U.S Trade Representative by unanimous vote in the Senate. Just a month later, in her first speech as USTR, Tai explained how the benefits of global trade could... Read More

WASHINGTON- Retaliatory sanctions imposed by China on Europeans in March have emboldened China's most vocal critics in Europe, who hope to push against the country's human rights abuses. In March, the E.U., U.K., U.S., and Canada issued coordinated sanctions against... Read More

NEW YORK (AP) — A trade bottleneck born of the COVID-19 outbreak has U.S. businesses anxiously awaiting goods from Asia — while off the coast of California, dozens of container ships sit anchored, unable to unload their cargo.  The pandemic... Read More

WASHINGTON (AP) — The United States and China will face a new test in their increasingly troubled relations when top officials from both countries meet in Alaska. Ties between the world's two largest economies have been torn for years and... Read More

WASHINGTON – The White House on Thursday agreed to suspend millions of dollars worth of tariffs on U.K. exports, including Scotch whisky, as part of an effort to resolve a long-running trans-Atlantic trade dispute over aerospace subsidies. In a joint... Read More

WILMINGTON, Del. (AP) — President Joe Biden is planning a virtual meeting Monday with Mexican President Andrés Manuel López Obrador — a chance for the pair to talk more fully about migration, confronting the coronavirus and cooperating on economic and... Read More

The proposal for a national industrial policy took the stage Tuesday as a panel of experts grappled with how the U.S. government should respond to the increasing challenges posed by China’s “party-state capitalism.”  Panelists discussed the increased global growth of... Read More

WASHINGTON (AP) — President Joe Biden says China is in for "extreme competition" from the U.S. under his administration, but that the new relationship he wants to forge need not be one of conflict. In an interview broadcast Sunday, Biden... Read More

WASHINGTON -- The U.S. Senate continued a hardline crackdown on China Wednesday during a hearing on how to ratchet up American economic competitiveness. Economic advisors repeated warnings that the U.S. government needs to create more incentives for domestic industries that... Read More

BEIJING — Fears are rising on both sides of the Pacific that the U.S. and China could be headed for a total breakdown of relations and even outright conflict within the next few months. As the two powers ordered the... Read More

WASHINGTON - Secretary of State Mike Pompeo announced Wednesday that he's informed Congress the State Department no longer considers Hong Kong to have significant autonomy under Chinese rule, a move seen as foreshadowing the end of some or all of... Read More

WASHINGTON - Despite the continued uncertainties related to the COVID-19 virus, government officials trying to beat back the pandemic need to resist the temptation to erect new barriers to trade, an international trade watchdog said Friday. Further, the report said,... Read More

WASHINGTON - Although it barely caused a ripple given the understandable focus on the worldwide coronavirus outbreak, a historic new chapter in North American commerce began two weeks ago Friday, when Canada became the third and final country to ratify... Read More

WASHINGTON — After nearly two years of a bruising trade war, President Donald Trump signed a trade deal with China on Wednesday that provides the president with political bragging rights but allows both sides to put off the most difficult... Read More

WEST PALM BEACH, Fla. (AP) — President Donald Trump says he will sign the first phase of a trade deal with China at the White House next month. Trump says Tuesday in a tweet that he'll then travel to Beijing... Read More

WASHINGTON - Last week was a typical whirlwind week in the life of Rep. Lucy McBath. In the space of five days, the Georgia Democrat, a member of the House Judiciary Committee, voted on impeachment, health care, trade and joined... Read More

WASHINGTON — No date has been set so far for the U.S. and China to kick off “phase two” trade talks, said U.S. Trade Representative Robert Lighthizer, contradicting a suggestion by President Donald Trump that negotiations would start right away.... Read More

WASHINGTON - In a divisive political era, Rep. Scott Peters, a California Democrat, still manages to find a way to reach across the aisle to get things done. Whether it’s introducing legislation to make cost-effective biosimilar drugs more accessible, leading... Read More