Trade

Revised North American Trade Deal Overwhelmingly Passes House
Trade
Revised North American Trade Deal Overwhelmingly Passes House
2019-12-20 14:41:04
by Dan McCue

WASHINGTON - In a strong show of bipartisan cooperation just hours after they were at each other's throats over the impeachment of President Donald Trump, Democrats and Republicans threw their support behind a new trade agreement with Canada and Mexico.... Read More

No Date Set for U.S.-China ‘Phase Two’ Talks, Lighthizer Says
Trade
No Date Set for U.S.-China ‘Phase Two’ Talks, Lighthizer Says

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

Analysis: Why On The Same Day Did Democrats Move to Impeach Trump — Then Bless His Trade Deal?
Political News
Analysis: Why On The Same Day Did Democrats Move to Impeach Trump — Then Bless His Trade Deal?

WASHINGTON — In the span of one hour Tuesday, House Democrats moved to impeach President Donald Trump for abusing his office and simultaneously delivered his biggest legislative win of the year by agreeing to a long-stalled trade deal — a... Read More

Experts Decry End of 'Fair and Binding' Trade Rules After US Knee-Caps WTO Court
Congress
Experts Decry End of 'Fair and Binding' Trade Rules After US Knee-Caps WTO Court
2019-12-10 22:55:10
by Dan McCue

WASHINGTON — Trade experts told a congressional panel led by Rep. Stephanie Murphy, D-Fla., on Tuesday that the U.S. businesses and manufacturers will suffer if the decades-old rules-based trading system is allowed to fall by the wayside as the Trump... Read More

Democrats, White House Reach Deal on New North American Trade Agreement
Trade
Democrats, White House Reach Deal on New North American Trade Agreement
2019-12-10 22:51:49
by Dan McCue

WASHINGTON — Long after some thought an agreement between the House and the Trump administration on a new North American trade pact would require a miracle, a deal was finally announced on the same day the House unveiled impeachment charges... Read More

Peters Eschews Spotlight to Roll Up Sleeves and Get Things Done
Congress
Peters Eschews Spotlight to Roll Up Sleeves and Get Things Done
2019-12-10 19:52:13
by Dan McCue

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

U.S. Labor Leader Trumka Is Said to Back Trump’s NAFTA Rewrite
Trade
U.S. Labor Leader Trumka Is Said to Back Trump’s NAFTA Rewrite

WASHINGTON — President Donald Trump secured approval for his U.S.-Mexico-Canada trade agreement from a key U.S. labor leader, according to three Trump administration officials, clearing one of the final hurdles for the deal to get a vote in Congress as... Read More

House, Trump Have Tentative Deal on North American Trade Pact
Trade
House, Trump Have Tentative Deal on North American Trade Pact
2019-12-09 22:18:53
by Dan McCue

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

Jeans Brands, Suppliers Urge House to Move Quickly on Approving USMCA
Trade
Jeans Brands, Suppliers Urge House to Move Quickly on Approving USMCA
2019-12-06 21:27:21
by Dan McCue

WASHINGTON - Inaction in Congress on USMCA, the proposed new trade deal between the United States, Mexico and Canada, isn't just a political matter, it's causing real concern for some of the nation's most recognizable brands and the network of... Read More

US Mulls Duties on $2.4 Billion in French Goods Over Tech Tax
Foreign Affairs
US Mulls Duties on $2.4 Billion in French Goods Over Tech Tax

WASHINGTON — The U.S. proposed tariffs on roughly $2.4 billion in French products, in response to a tax on digital revenues that hits large American tech companies including Google, Apple Inc., Facebook Inc. and Amazon.com Inc. “France’s digital services tax... Read More

McAdams, Fellow Moderate Dems Push for USMCA Floor Vote
Trade
McAdams, Fellow Moderate Dems Push for USMCA Floor Vote
2019-11-22 21:37:47
by Dan McCue

WASHINGTON - A quartet of moderate Democrats took to House floor this week to press for a vote on the USMCA trade deal, despite the stark partisan divide inflamed by the ongoing impeachment inquiry. "I think it's important that the... Read More

Murphy Shines Light On How U.S. Trade Policies Affect U.S. Quality of Life
Trade
Murphy Shines Light On How U.S. Trade Policies Affect U.S. Quality of Life
2019-11-19 22:29:24
by Dan McCue

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

US-China Trade War Has Put Nearly 1.5 Million At Risk Of Possible Layoffs, Study Shows
Trade
US-China Trade War Has Put Nearly 1.5 Million At Risk Of Possible Layoffs, Study Shows
2019-11-18 19:07:40
by Dan McCue

WASHINGTON - The ongoing trade war between the United States and China has put about 1.46 million Americans at risk of being laid off or consigned to working dramatically reduced hours, a new study shows. Rolled out at a news... Read More

House Votes to Renew Export-Import Bank Charter Over GOP Opposition
Trade
House Votes to Renew Export-Import Bank Charter Over GOP Opposition
2019-11-18 18:57:05
by Dan McCue

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

Trump Says China Trade Deal Will Be Signed Somewhere in US
Trade
Trump Says China Trade Deal Will Be Signed Somewhere in US

WASHINGTON — The “Phase One” trade deal with China, once completed, will be signed somewhere in the U.S., President Donald Trump told reporters on Sunday at the White House. Trump had previously suggested Iowa, the largest U.S. corn and hog... Read More

WTO Says China Can Impose Sanctions On $3.5B Worth Of US Goods
Trade
WTO Says China Can Impose Sanctions On $3.5B Worth Of US Goods
2019-11-01 20:38:40
by Dan McCue

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

Trump’s Steel Tariffs Were Supposed to Save the Industry. They Made Things Worse
Economy
Trump’s Steel Tariffs Were Supposed to Save the Industry. They Made Things Worse

WASHINGTON — When President Trump slapped 25% tariffs on foreign steel in March 2018, panicky U.S. buyers rushed to place new orders ahead of feared supply interruptions, driving prices up sharply. It was an instant bonanza for domestic steel producers.... Read More

White House Strikes Limited Trade Deal With China
In The News
White House Strikes Limited Trade Deal With China
2019-10-11 21:52:03
by Dan McCue

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

Democrats Warm to Trump’s Revised NAFTA Trade Deal After Mexico Pledges Labor Reforms
Trade
Democrats Warm to Trump’s Revised NAFTA Trade Deal After Mexico Pledges Labor Reforms

WASHINGTON — One of the remaining obstacles to passing a new North American trade agreement could soon be cleared after Mexico promised top House Democrats that it would improve enforcement of new labor standards to protect workers’ rights in that... Read More

US Weighing Currency Pact With China as Part of Partial Deal
Trade
US Weighing Currency Pact With China as Part of Partial Deal

WASHINGTON — The White House is looking at rolling out a previously agreed currency pact with China as part of an early harvest deal that could also see a tariff increase next week suspended, according to people familiar with the... Read More

US, Japan Sign Limited Deal on Farming, Digital Trade Deals
Trade
US, Japan Sign Limited Deal on Farming, Digital Trade Deals

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

Amid Trade Disputes and Reform Demands: WTO Stands at a Crossroads
Foreign Affairs
Amid Trade Disputes and Reform Demands: WTO Stands at a Crossroads
2019-09-06 21:51:07
by HJ Mai

WASHINGTON - International trade disputes have dominated the newscycle in 2019. Whether it’s the United States and China, the U.S. and the European Union or the EU and China, a functioning world economy needs a fair and regulated trade system. ... Read More

Moderates Seen As Key to Ratifying U.S.-Mexico-Canada Trade Deal
Trade
Moderates Seen As Key to Ratifying U.S.-Mexico-Canada Trade Deal
2019-09-06 21:13:11
by Dan McCue

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

China Tariff Fight May Sound a Sour Note for Student Musicians
Trade
China Tariff Fight May Sound a Sour Note for Student Musicians

SEATTLE — For many young Seattle musicians, September means selecting their instrument for the new school year at Bischofberger Violins, where violins, violas and cellos for rent line the walls of rosin-scented rooms. But soon, parents of aspiring virtuosos may... Read More

China, US to Hold Trade Talks As Tariff Escalation Continue
Trade
China, US to Hold Trade Talks As Tariff Escalation Continue

BEIJING — China announced that its trade officials will travel to Washington early next month for talks with U.S. counterparts, potentially restarting stalled negotiations after weeks of uncertainty and escalation. Vice Premier Liu He agreed to the visit in a... Read More

Latest Round of Trump’s Tariffs on China Takes Effect On Many Consumer Goods
Trade
Latest Round of Trump’s Tariffs on China Takes Effect On Many Consumer Goods

WASHINGTON — The first big wave of U.S. tariffs on consumer goods made in China took effect Sunday, and it won’t be long before Americans are paying more for many everyday purchases. The tariff list includes 90 types of boots,... Read More

China Hits US With New Tariffs on $75 Billion Worth of Products
Economy
China Hits US With New Tariffs on $75 Billion Worth of Products
2019-08-23 17:16:20
by Dan McCue

WASHINGTON — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's latest planned increase, deepening the trade conflict between the two nations at a time when the president insists "China wants... Read More

The Latest Casualty Of Trump’s Trade War With China? California Wine
Trade
The Latest Casualty Of Trump’s Trade War With China? California Wine

HEALDSBURG, Calif. — Hank Wetzel’s vineyards stretch to the horizon, a swath of green straddling Sonoma County’s Russian River, farmed by generations of Wetzels for half a century. It is a long way from Shanghai. Nonetheless, seated outside his tasting... Read More

Kudlow Pushes Back On Recession, Says U.S.-China Calls Positive
Economy
Kudlow Pushes Back On Recession, Says U.S.-China Calls Positive

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

US Labels China a ‘Currency Manipulator’ As Stocks Fall And Trade War Worsens
Trade
US Labels China a ‘Currency Manipulator’ As Stocks Fall And Trade War Worsens

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

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