White House Signals New Trade Deals Must Help Those Left Behind
The White House signaled President Donald Trump will pay close attention to the fate of workers left behind by globalization as a new benchmark for negotiating trade deals around the world.
February 22, 2018White House Doesn’t Plan Import Tax, Official Says, Contradicting Trump
The Trump administration has no formal proposal on the table for a so-called reciprocal tax on imports, according to a U.S. official who sought to clarify whether a levy that risks escalating tensions with key trading partners would be enacted.
February 13, 2018Trump Says He’ll Unveil ‘Reciprocal Tax’ on Imports This Week
President Donald Trump said Feb. 12 that he will propose a tax on imports this week, reviving an idea he floated earlier in his administration that risks raising tensions with key U.S. trade partners.
February 12, 2018Trade Deficit Is Wider Than Any Month or Year Since 2008
The U.S. trade deficit widened to the biggest monthly and annual levels since the last recession, underscoring the inherent friction in President Donald Trump’s goal of narrowing the gap while enjoying faster economic growth.
February 6, 2018Europe to Trump: If You Want a Trade War, You’ll Get One
The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war.
January 29, 2018US Trade Deficit Balloons to Widest in Almost Six Years
The U.S. trade deficit in November reached the highest level in almost six years as an increase in imports exceeded a gain in shipments overseas, Commerce Department data showed Jan. 5.
January 5, 2018Global Manufacturers Strain to Keep Up With Faster World Economy
Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.
January 2, 2018Bid to Save Pacific Rim Trade Pact Comes to a Head
The push to salvage a Pacific Rim trade pact will come to a head this week as nations diverge on whether it should be preserved, abandoned or renegotiated from scratch after President Donald Trump pulled the U.S. out of the deal.
November 7, 2017US Offers Proposal That Could Kill NAFTA in Five Years
U.S. negotiators on Oct. 12 presented a proposal for a so-called “sunset clause” that would see the North American Free Trade Agreement expire after five years unless the parties can agree to extend it, according to two people familiar with the talks.
October 12, 2017Trade Gap Narrows to 11-Month Low as Exports Increase
Improving global demand and a weaker dollar are helping boost U.S. exports, with the trade deficit narrowing to an 11-month low in August, Commerce Department data showed Oct. 5.
October 5, 2017