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Wednesday, February 20, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: trade


Germany tells Tesla to stop using ‘Autopilot’ in its sales pitch

Germany’s transport minister told Tesla to cease using the Autopilot name to market its cars in that country, under the theory that the name suggests the cars can drive themselves …


U.S. removes limits on bringing in Cuban rum, cigars

The Obama administration announced Friday it is eliminating a $100 limit on the value of Cuban rum and cigars that American travelers can bring back from the island. The administration …


Trump promises revival of US steel, but buys his steel from China

Donald Trump has deep support in the coalfields and steel-producing towns of southwest Pennsylvania, and he has promised to get the foundry furnaces burning again, to get the U.S. steel …


IMF lowers U.S. economic forecast, warns of risks of anti-trade policies

The International Monetary Fund on Tuesday downgraded its forecast for the U.S. economy and warned that “persistent stagnation” here and abroad could add more fuel to a populist backlash against …


‘Dramatic slowing’ seen in global trade, as rhetoric rises

The World Trade Organization dramatically slashed its forecast for trade growth this year by about a third to its lowest rate since 2009, when the global economy was mired in …


Fuel-economy rules threaten 1 million-plus U.S. jobs, study says

More than 1.1 million U.S. workers would lose their jobs because of tougher fuel-economy regulations coming next decade if prices at the gasoline pump remain low in America, a new …


Senate backs $1 billion weapons sale to Saudi Arabia

The Senate on Wednesday backed the Obama administration’s plan to sell more than $1 billion worth of American-made tanks and other weapons to Saudi Arabia, soundly defeating a bid to …


U.S. grants Airbus first chance to sell airplanes to Iran

Airbus on Wednesday became the first airplane manufacturer to get U.S. government permission to sell aircraft to Iran following last year’s nuclear accord, getting final approval for a 17-plane sale …


Hanjin cargo owners say bid to unload vessels isn’t working

Bankrupt Hanjin Shipping Co.’s efforts to unload vessels in the U.S. while it goes through bankruptcy in South Korea are meeting with complaints from cargo owners and from the companies …


Truckers warn speed caps will cause crashes, jam highways

Truckers are warning that a government plan to electronically limit the speed of tractor-trailers will lead to highway traffic jams and possibly an increase in deadly run-ins with cars.


As Suu Kyi visits, U.S. announces lifting of Myanmar sanctions

President Barack Obama said Wednesday the U.S. is lifting economic sanctions and restoring trade benefits to former pariah state Myanmar as he met with Aung San Suu Kyi, a former …


Ford shifting all U.S. small-car production to Mexico

Ford is shifting all North American small-car production to Mexico, CEO Mark Fields told investors Wednesday.


Britain’s economy is stable – and people are surprised

Fear of an economic meltdown was the biggest weapon in the campaign to stop Britain from leaving the European Union.


Deny Vancouver Energy oil terminal, state official urges

Arguing that the proposed Vancouver Energy oil terminal creates “unprecedented and unacceptable” risks to the environment and Washington residents, Assistant Attorney General Matthew Kernutt in his closing brief recommended that …


European proposal to ban American lobsters to move forward

An arm of the European Union says there’s enough scientific evidence to move forward with a review of Sweden’s request to declare the American lobster an invasive species.


Ailing Korean shipper Hanjin moves to resolve cargo chaos

Moving to unsnarl the chaos in its container cargo after it filed for bankruptcy protection, Hanjin Shipping Co. will seek stay orders in dozens of countries, the Financial Services Commission …


Russia, Saudi Arabia pledge to stabilize oil output

The world’s two largest oil producers, Russia and Saudi Arabia, on Monday agreed to act together to stabilize global oil output, though it’s unclear what that might entail.


China promises cooperation on steel at global summit

China agreed to cooperate more closely with its trading partners on its politically volatile steel exports as leaders of major economies ended a summit Monday with a forceful endorsement of …


G-20 economic summit opens amid sluggish growth, trade disputes

Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid …


U.S. factory orders up 1.9 percent in July, best in 9 months

Orders to U.S. factories increased in July by the largest amount in nine months, propelled by a big jump in demand for commercial aircraft. The key category that tracks business …


Hewlett Packard Enterprise may sell software business for $10 billion

The tech pioneer that was Hewlett-Packard may be on the brink of becoming an even smaller shadow of its former self.


U.S. trade deficit fell in July

The U.S. trade deficit fell in July as imports declined slightly and exports rose to the highest level in 10 months, a possible sign that global demand for American products …


Apple’s tax fight could spur congressional action, treasury secretary says

U.S. Treasury Secretary Jacob Lew is criticizing a European ruling that Apple owes more than $14.5 billion in back taxes. He says the decision may spur Congress to finally address …


Germany working hard to conclude U.S. trade deal, Merkel aide says

German Chancellor Angela Merkel’s chief of staff is insisting that Berlin wants to press ahead with concluding a sweeping European Union-U.S. trade deal, underscoring divisions in the country’s governing coalition.


Brazil’s President Rousseff ousted from office by Senate

Brazil’s Senate on Wednesday voted to remove President Dilma Rousseff from office, the culmination of a yearlong fight that paralyzed Latin America’s largest nation and exposed deep rifts among its …


Political issues weigh on upcoming G-20 summit in China

While the global economy will dominate at this weekend’s summit of the Group of 20 industrialized and emerging-market nations, politics and security issues form the backdrop to the gathering of …


British leaders make Brexit plans as talk grows of new vote

British Prime Minister Theresa May has firmly rejected the notion of a second referendum on the country’s membership in the European Union, insisting Wednesday that the U.K. wouldn’t attempt a …


Historic commercial flight from U.S. lands in Cuba

The first commercial flight between the United States and Cuba in more than a half century flew out of Fort Lauderdale for the central city of Santa Clara on Wednesday …


Mexico wonders why its president is meeting with Trump

President Enrique Pena Nieto awoke to a storm of criticism from Mexicans over his decision to meet Wednesday with Republican presidential candidate Donald Trump, who is widely reviled in Mexico …


French Coca-Cola workers find smuggled cocaine in shipment

Workers at a Coca-Cola factory in southern France opened a shipment of orange juice but found a huge shipment of cocaine instead.