Trade News Updates

GovernmentBusiness

Commerce Secretary Wilbur Ross Denies Insider Trading

Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company.

June 20, 2018
GovernmentBusinessEquipment

Volvo Sees New South Carolina Plant as Hedge Against Tariffs

When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud proof point for the Swedish automakers rebound and global expansion, not a chess move in anticipation of a possible trade war.

June 20, 2018
GovernmentBusinessLogistics

Europe Said to Seek WTO Revamp in Face of Trump Trade Challenge

European Union leaders plan to push for improvements in the way the World Trade Organization operates, saying it is important to uphold the global commercial order amid growing tensions prompted by President Donald Trumps tariffs.

June 19, 2018
GovernmentBusinessLogistics

China Vows to Retaliate as Trump Targets $200 Billion in Tariffs

Trade tensions between the worlds biggest economies intensified, with China vowing to retaliate forcefully against President Donald Trumps threatened tariffs on an additional $200 billion in Chinese imports.

June 19, 2018
GovernmentBusinessLogistics

Heres How a US-China Trade War Could Play Out

President Donald Trump is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured and it also could take a while.

June 18, 2018
BusinessLogisticsTCA

Steam Logistics Continues International Growth Despite Tariff Threat

Despite growing concerns of a trade war, one of Chattanooga, Tenn.s fastest-growing international companies still expects to grow by more than 60% this year shipping goods worldwide.

June 18, 2018
GovernmentBusinessLogisticsTCA

In Prelude to Trade War, US Details Tariffs on $50 Billion of Chinese Goods

WASHINGTON The Trump administration, rekindling its simmering trade war with China, issued a list of $50 billion of Chinese imports June 15 that would be subject to hefty tariffs.

June 15, 2018
GovernmentBusinessTechnologyEquipment

Daimler Trucks' Martin Daum Warns That Tariffs Will Increase Production Costs

PORTLAND, Ore. New U.S. tariffs on steel and aluminum imports could ultimately raise the price of trucks sold in the United States, top executives at the worlds largest commercial vehicle manufacturer warned.

June 14, 2018
GovernmentLogistics

Trump Says He May Upset China Over Trade Action in Coming Weeks

President Donald Trump said hell confront China very strongly over trade in the coming weeks, and send a warning to North Koreas biggest trading partner after his meeting with Kim Jong Un.

June 13, 2018
GovernmentBusinessLogistics

US, China Barter on Trade Gap as Tariff Deadline Nears

The United States and China continued to haggle over the shape of a deal to fend off an impending trade war, with China offering to boost purchases of American goods and the United States finalizing a deal to allow Chinas ZTE Corp. to resume purchases from American suppliers.

June 6, 2018