VW, Daimler and BMW Brace for Tariffs
Investors in European carmakers are once again facing months of share volatility after the U.S. circulated a draft report on tariffs and European Commission President Jean-Claude Juncker signaled a cease-fire in the looming trade war may soon come to an end.
November 13, 2018More China Tariffs Planned if Xi Meeting Fails
The U.S. is preparing to announce by early December tariffs on all remaining Chinese imports if November talks between presidents Donald Trump and Xi Jinping fail to ease the trade war, three people familiar with the matter said.
October 29, 2018Trade Tariffs Spark Surge in Lobbying
Companies and business groups, including the U.S. Chamber of Commerce, ramped up their spending on lobbying during the third quarter, as they sought to contain what they feel is damage from President Trump’s trade war.
October 23, 2018Editorial: Rush for the Holiday Rush
It’s beginning to look a lot like ... shippers are getting nervous. Please forgive the riff on a familiar holiday classic tune, but reports of shippers rushing to get goods to the United States in advance of more tariffs taking effect — and, thus, potentially affecting the pricing for holiday gifts — have been dominating the news.
September 27, 2018Tariffs Start to Drag on US Economy as Trade Deficit Widens
Fresh data on the U.S. economy show President Donald Trump’s escalating trade war is shaping up as a clear drag on growth this quarter.
September 27, 2018Chinese Truck Tires, Intermodal Chassis Have Higher Tariffs
Buried in a long list of Chinese exports subject to new U.S. tariffs are truck tires — including retreads — as well as chassis. A 10% tariff on the listed items took effect Sept. 24, and will rise to 25% on Jan. 1 if no resolution is reached.
September 26, 2018Tariffs Could Spur Early Imports, Higher Inventories
LONG BEACH, Calif. — Retailers speaking at the Intermodal Association of North America’s Intermodal Expo 2018 said they could move up product shipments due to tariffs being placed on China.
September 24, 2018Pressure on Shippers to Import Product Before Onset of Tariffs
With a strong U.S. economy, a tight freight market and a looming trade war, industry experts believe shippers have been rushing to get products into the United States several weeks early — ahead of tariffs being implemented by the Trump administration and before the approaching holiday shopping season ramps up.
September 21, 2018China Races to Get Goods to the US Before Tariffs Hit
The race is on to get Chinese goods into the United States before President Donald Trump’s tariffs bite.
September 20, 2018Trade Tensions Push Finance Chiefs’ Outlook to Worst in a Year
As the Trump administration keeps piling on tariffs, U.S. stock traders are averting their gaze and holding on tight. Corporate finance chiefs are having a more difficult time.
September 20, 2018