Trade News Updates

GovernmentBusiness

Trump’s Growing Focus on Tariffs Raises Odds of Trade War

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

February 21, 2025
GovernmentBusinessTechnology

Trade Wars May Slow Battery Price Plunge

Battery prices are set to fall for a third straight year — though not nearly as much as in the past, due to rising trade tensions and metals prices, according to analysts at BloombergNEF.

January 15, 2025
GovernmentBusiness

Taiwan’s Trade Surplus With US Jumps to Record

Taiwan’s trade surplus with the U.S. surged to a record high in 2024, a haul that could rankle President-elect Donald Trump as he returns to the White House.

January 9, 2025
GovernmentBusiness

Canada to Open Alaska Consulate to Deepen Arctic Partnership

Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy.

December 6, 2024
GovernmentBusiness

Trump Taps Peter Navarro as Trade Counselor

President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.

December 4, 2024
GovernmentBusinessLogistics

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024
GovernmentBusinessLogistics

EU Prepares Two-Track Plan for Trump Trade Ties

The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.

November 21, 2024
GovernmentBusiness

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders.

March 13, 2024
GovernmentBusinessLogistics

US-Mexico Trade Trends Indicate Nearshoring Has Momentum

The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity.

December 7, 2023
GovernmentBusiness

Mexico Tells US It Wants to Keep Talking on Trade Disputes

MEXICO CITY — Mexico’s economy secretary on Dec. 1 proposed yet another round of talks with the United States on a dispute over Mexico’s energy sector.

December 2, 2022