Trade

US Budget Deficit Jumped By $140 Billion Through June Budget
US Budget Deficit Jumped By $140 Billion Through June
2019-07-12 14:15:05
by Dan McCue

WASHINGTON - The U.S. budget deficit increased by $140 billion during the first nine months of the current fiscal year, rising to $747.1 billion, the Treasury Department said Thursday. The department said the deficit for the current fiscal year through... Read More

New Democrats Urge Lighthizer to Resolve Outstanding USMCA Issues Trade
New Democrats Urge Lighthizer to Resolve Outstanding USMCA Issues
2019-07-08 23:40:34
by Dan McCue

WASHINGTON - Six members of the New Democrat Coalition wrote the U.S. Trade Representative on Monday urging him to respond to congressional concerns regarding the new North American Free Trade agreement, known as USMCA, to ensure its successful bipartisan passage.... Read More

House Democrats Call for Revival of Meat Labeling Law Trade
House Democrats Call for Revival of Meat Labeling Law

WASHINGTON — A meat labeling law repealed three years ago may be making a comeback as some lawmakers call for it to be added to the proposed trade pact designed to replace the 1994 North American Free Trade Agreement. The... Read More

Trump, Canada's Trudeau Talk Trade and China at White House Meeting Trade
Trump, Canada's Trudeau Talk Trade and China at White House Meeting
2019-06-20 22:53:37
by Dan McCue

WASHINGTON - President Donald Trump welcomed Canadian Prime Minister Justin Trudeau to the White House Thursday, to talk trade and their respective issues with China on a day otherwise dominated by concerns over an escalation in hostilities between the U.S.... Read More

Canadian Prime Minister Trudeau to Visit DC to Lobby for USMCA Trade
Canadian Prime Minister Trudeau to Visit DC to Lobby for USMCA
2019-06-19 21:06:55
by Dan McCue

WASHINGTON - Canadian Prime Minister Justin Trudeau arrives in the nation's capital Wednesday evening to begin a busy 24 hours lobbying for U.S. passage of the USMCA trade deal. The prime minister will attend a reception hosted by David MacNaughton,... Read More

US Ports Warn Trump Tariffs Diminishing Competitiveness Trade
US Ports Warn Trump Tariffs Diminishing Competitiveness
2019-06-18 20:49:40
by Dan McCue

WASHINGTON - Representatives of America's seaports are telling the U.S. Trade Representative this week that the Trump administration's current tariffs on Chinese goods, and threat to impose more, are weakening the nation's competitiveness and stymieing much needed infrastructure projects. The... Read More

Trade Impasse for World Economy Sees Central Banks Prime Engines Trade
Trade Impasse for World Economy Sees Central Banks Prime Engines

HONG KONG — As central banks show increasing alarm about the world economy and a willingness to increase stimulus, finance ministers from the Group of 20 nations made little progress in curing the main threat of deepening trade tensions. Talks... Read More

US Trade Deficit With China Grew in April Despite Narrowing Elsewhere Trade
US Trade Deficit With China Grew in April Despite Narrowing Elsewhere
2019-06-07 21:03:48
by Dan McCue

The United States' trade deficit with China widened in April, despite Trump administration tariffs on thousands of Chinese goods, and even as the gap between the U.S. and other countries narrowed. Since taking office in 2017, President Donald Trump has... Read More

US, Mexican Officials Work on a Deal as Trump Faces Pressure Over Tariffs Trade
US, Mexican Officials Work on a Deal as Trump Faces Pressure Over Tariffs

WASHINGTON — Faced with stiff opposition from political allies over a potentially costly trade war with a major partner, President Donald Trump on Wednesday again threatened to impose escalating tariffs on Mexico, but also hinted at a possible route to... Read More

Trump ‘Deadly Serious’ About Tariffs on Mexico, Aide Says Trade
Trump ‘Deadly Serious’ About Tariffs on Mexico, Aide Says

WASHINGTON — A top White House aide said Sunday that President Trump is “absolutely, deadly serious” about imposing a 5% tariff on Mexican goods next week in a bid to stop migrants from reaching America’s southern border, brushing aside Wall... Read More

Tariffs Pressure Chinese Factories to Upgrade or Move, Not to the US but to a ‘Second China’ Trade
Tariffs Pressure Chinese Factories to Upgrade or Move, Not to the US but to a ‘Second China’

GUANGZHOU, China — Christopher Devereux believes anything can be “made in China.” In 2003, he came to Guangzhou to open ChinaSavvy, a British-owned firm that connects Western companies with Chinese factories to produce metal and plastic goods. For 16 years,... Read More

Trump to Impose Tariffs on Mexico Trade
Trump to Impose Tariffs on Mexico

WASHINGTON — President Donald Trump said Thursday that he will impose escalating tariffs on all goods imported from Mexico until authorities in Mexico stop migrants from crossing its territory and entering the U.S. illegally, a move that would cause economic... Read More

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