Trade News Updates

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Trade Deal That Would Lift US Tariffs on Chinese Goods Said to Be Near

The United States and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.

March 4, 2019
GovernmentBusinessLogistics

Trump’s Extension of China Truce Gives Xi Breathing Room on Slowdown

Donald Trump’s decision to extend a deadline on additional tariffs on Chinese goods provides Xi Jinping with some temporary relief as he struggles to arrest an economic slowdown.

February 25, 2019
GovernmentBusinessLogistics

North American Leaders Discuss Future of USMCA

WASHINGTON — Trade officials representing the United States, Canada and Mexico committed to advancing the treaty that is meant to serve as a replacement for the North American Free Trade Agreement. The U.S.-Mexico-Canada Agreement was announced in late September as an update to NAFTA, which took effect in 1994.

February 24, 2019
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US, China Crafting Foundation for Trade Deal, Source Says

U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks.

February 21, 2019
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Corn Included in Trump’s Trade Talks With China

U.S. corn sales to China have been part of the ongoing trade discussions between the nations, President Donald Trump said from the White House Oval Office on Feb. 19.

February 20, 2019
GovernmentBusiness

Canada to Resume Publishing Trade Data Delayed by US Shutdown

Canada’s statistics agency plans to resume publishing merchandise trade reports next month, after the end of a U.S. government shutdown that deprived it of export data.

February 12, 2019
GovernmentBusiness

US Warns EU Tariff Threat Will Return Unless Juncker Delivers

The U.S.-European trade truce struck last summer that has helped keep punitive tariffs at bay is at risk of unraveling, with America’s top diplomat to the European Union citing a lack of goodwill and progress in negotiations.

February 8, 2019
GovernmentBusiness

US Confirms China Trade Talks to Begin

The Trump administration confirmed it will hold two days of talks this week in Washington to discuss structural changes to China’s economy and Beijing’s pledge to buy more American goods.

January 28, 2019
GovernmentBusiness

U.S.-China Trade Talks Falling Short on Make-or-Break IP Issues

According to people close to the discussions, the two sides have so far made little progress on the issue that any deal Trump strikes with China may ultimately be judged on: ending what the U.S. has dubbed as decades of state-coordinated Chinese theft of American intellectual property.

January 22, 2019
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US Factories Brace for Sting of 2019 Trade War

America’s manufacturers are scrambling to change the way they do business — from finding new suppliers to shifting more finishing work overseas — as the sting of tariffs begins to take a bigger toll on their bottom lines.

January 15, 2019