Factories Feel Trade War Pain as Wall Street Sees Recession Risk
The latest signs of factory weakness — in countries including South Korea, Germany and Japan — underscore the growing threat to the world economy posed by the escalating U.S.-China trade war. The reports came amid a fresh warning from Wall Street about recession risks.
June 3, 2019Air Cargo Carriers Caught in Crossfire of US-China Trade War
President Donald Trump’s intensifying trade war with China dented air cargo traffic even before FedEx Corp. got dragged into the brawl, as companies worldwide reconfigure their supply chains in the face of increasing tariffs.
June 3, 2019Pork Producers, Corn Growers Urge Trump to Reverse on Mexico Tariffs
The U.S. National Pork Producers Council urged President Donald Trump to reverse his decision to impose new tariffs on Mexico over illegal immigration.
May 31, 2019China Puts US Soy Buying on Hold as Tariff War Escalates
China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.
May 30, 2019Transportation Leaders Examine Market Concerns in Freight Rail Industry
The leaders of the transportation policy panel of the U.S. House of Representatives expressed concern about possible unfair trade practices in the freight rail and transit sectors.
May 16, 2019US-China Trade War to Worsen Before 2019 Deal, Survey Shows
Economists expect the trade war between the world’s two largest economies to get worse before it gets better — culminating in a deal by year-end.
May 14, 2019Trump Says He’ll Meet China’s Xi Amid Deepening Rift Over Trade
President Donald Trump plans to meet Chinese counterpart Xi Jinping at next month’s G-20 summit, an encounter that could prove pivotal in a deepening divide over trade that is sending stocks tumbling and clouding the outlook for the global economy.
May 13, 2019China Defies Trump With Plans to Raise Tariffs on US Products
China announced plans to raise duties on some American imports starting June 1, defying a call from President Donald Trump to resist escalating a trade war that is sending stock futures tumbling and clouding the outlook for the global economy.
May 13, 2019China Armed With Powerful Market Weapons in Duel With Trump
China has a powerful financial-market arsenal for its trade tussle with America, including a hoard of Treasuries and its currency. But using those weapons is not without cost.
May 10, 2019Trump Says US Will Purchase Crops for Aid to Offset China Losses
President Donald Trump said that the U.S. will boost its purchases of domestic farm products for humanitarian aid in an effort to offset lost demand from China as trade tensions flare between the nations.
May 10, 2019