trade

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

U.K. International Trade Secretary Liz Truss will meet with her U.S. counterpart Robert Lighthizer in Washington on Monday as part of the third round of talks to reach a trade deal between the two countries. Prime Minister Boris Johnson put... 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

WASHINGTON — House Democrats have reportedly reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal, otherwise known as USMCA. News of the deal was initially reported by The Washington Post,... Read More

WASHINGTON - It used to be that when the general public thought of big U.S. policy, it thought of things like cold and hot wars, international diplomacy and sweeping changes in civil rights legislation. Trade, if it came to mind... Read More

WASHINGTON - The House voted on Friday to renew the charter of the Export-Import Bank, the U.S. agency that provides loans and other help to foreign buyers of U.S. exports, despite opposition from Republican lawmakers. Despite the bank having historically... Read More

WASHINGTON - The World Trade Organization said Friday that China can place new trade sanctions on $3.5 billion of U.S. goods in retaliation for U.S. restrictions on Chinese furniture, steel products and solar panels. The award by an arbitration panel... Read More

WASHINGTON - The U.S. has come to a “very substantial phase one deal” with China, President Donald Trump said Friday. Though he offered scant details, the president declared that talks on a "phase two" trade deal "will start almost immediately.”... Read More

WASHINGTON — The U.S. and Japan signed a limited trade deal intended to boost markets for American farmers and give Tokyo assurances, for now, that President Donald Trump won’t impose tariffs on auto imports. The accords on agriculture and digital... Read More

WASHINGTON - As Congress adjourned for its August recess, the U.S.-Mexico-Canada trade deal, known as the USMCA, seemed to be the last thing on anyone's mind. At the time, an impending fiscal crisis had just been averted, and lawmakers, media... Read More

WASHINGTON — Larry Kudlow pushed back Sunday on the notion that the U.S. economy is headed toward a recession, and said recent phone calls between U.S. and Chinese trade negotiators had produced more “positive news.” Kudlow, the White House National... Read More

WASHINGTON — The U.S.-China trade war took a dangerous turn for the worse Monday as Beijing allowed its currency to weaken and said it was halting new American farm purchases, sending U.S. stocks in a tailspin and heightening risks of... Read More

WASHINGTON - President Donald Trump announced Thursday the U.S. is placing an additional 10% tariff on $300 billion worth of Chinese goods, effective September 1. “Trade talks are continuing, and during the talks the U.S. will start, on September 1st,... Read More