trade

WASHINGTON — President Donald Trump said Tuesday that he called off further airstrikes in Yemen after Houthi militants said they would no longer attack cargo ships in the Red Sea. “They don’t want to fight anymore,” Trump said of the... Read More

WASHINGTON — President Donald Trump on Wednesday said he would pause his “reciprocal” tariffs on most countries for 90 days, but he also raised tariffs on imports from China to 125% after Beijing imposed retaliatory tariffs on U.S.-made goods a... Read More

WASHINGTON — A group of Democratic senators is pushing for a vote on Wednesday on a measure they hope will begin the process of unravelling the “made-up emergency” President Donald Trump has used to impose significant tariffs on Canadian imports.... Read More

WASHINGTON — President Donald Trump on Thursday directed his incoming commerce and trade chiefs to begin preparing for reciprocal tariffs that will be imposed on adversaries and allies alike that he says have been treating the United States unfairly. As... Read More

WASHINGTON — The United States is at a crossroads in its trade agenda, with pivotal negotiations and policy shifts on the horizon. Two notable initiatives, the Indo-Pacific Economic Framework for Prosperity and the Global Arrangement for Sustainable Steel and Aluminum,... Read More

WASHINGTON — President Joe Biden signed an executive order Wednesday restricting American investments and exports of expertise in high-tech technologies China is developing that could be used for its military modernization. The order targets investment in semiconductors and microelectronics, quantum... Read More

WASHINGTON — While Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin are on their tandem investment visit to the Indo-Pacific, a third Biden administration official, Secretary of Commerce Gina Raimondo, was touting the region as an epicenter... Read More

WASHINGTON — President Joe Biden and United Kingdom Prime Minister Rishi Sunak on Thursday signed a new economic framework, dubbed the “Atlantic Declaration,” which both said would renew the historic ties between the two nations, while bringing them forward into... Read More

WASHINGTON — Electrification of all vehicles in the U.S. would use about 40% of the electricity currently being generated across the country, with the domestic long-haul trucking industry accounting for about 10% of that energy use, according to a new... Read More

WASHINGTON — An investigation by the U.S. Commerce Department has found that four companies have been sending their products through Thailand, Vietnam and Cambodia in order to circumvent regulations aimed at curtailing the dumping of cheap Chinese solar cells and... Read More

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