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Stories tagged: trade


TransCanada seeks $15B for rejection of Keystone pipeline

The company that wanted to build the Keystone XL pipeline is seeking $15 billion in damages from the federal government after the Obama administration rejected the Canada-to-Texas project.


Stocks, pound fall again due to U.K. vote uncertainty

Investor jitters over the economic fallout of Britain’s vote to leave the European Union sent U.S. stocks sharply lower Monday.


Lew says no sense of financial crisis developing

U.S. Treasury Secretary Jacob Lew says that the decision of British voters to leave the European Union is “an additional headwind” for the U.S. and global economies but “there is …


U.K. appeals for calm as markets drop, EU leaders huddle

British and European leaders appealed for calm on Monday as concern over the U.K.’s exit from the European Union and its deepening political crisis triggered further gyrations in financial markets …


Trade, uncertainty biggest worries for Washington companies in wake of Brexit vote

Long-term, the British decision to exit the European Union is most likely to hit Spokane companies that are in the export business, local economists say. But uncertainty in the wake …


What’s behind Britain’s wrangling with the EU?

British voters head to the polls on Thursday to decide if the country should stay in the European Union or leave it. With the stakes high and the issues complex, …


Wal-Mart partners with China’s No. 2 e-commerce site

Wal-Mart is partnering with China’s No. 2 e-commerce site as the world’s largest retailer seeks dominance in the extraordinarily lucrative, but increasingly competitive online marketplace.


Trudy Rubin: ‘Brexit’ would be huge step back

If Europe falters, the negative ripple effect would reach across the Atlantic. As Garton Ash rightly notes, the great global challenges we face – from a rising China to an …


After an early wobble, U.S. stocks close higher

U.S. stocks rebounded from an early slide Thursday, nudging the Standard & Poor’s 500 index and Nasdaq composite to their highest close of the year.


As in U.S., Trump draws strong reactions in China

China features prominently in the rhetoric of presumed Republican presidential candidate Donald Trump, who accuses the country of stealing American jobs and cheating at global trade. In China itself, though, …


Barge traffic makes a resurgence on the Missouri River

The Missouri River is slowly resuming its role as a transportation corridor for commodities such as grain, scrap metal and fertilizer, but proponents of the barge industry acknowledge they’re still …


Obama leaves for Asia to boost trade, cooperation

President Barack Obama is leaving on a weeklong, 16,000-mile trip to Asia as part of his effort to pay more attention to the region and boost economic and security cooperation.


Mexico lowers 2016 GDP forecast, sees 2.2 to 3.2 pct growth

Mexico is lowering its economic growth forecast for 2016, citing what it calls “adverse” international conditions including sluggish industrial production in the United States.


G-7 finance leaders seek to reassure on global economy

Finance leaders of major industrial countries meeting in Japan need to find ways to use all the “policy levers” they have to help counter anxiety over global economic prospects, U.S. …


UAW leader suggests union will back Hillary Clinton for president

United Auto Workers President Dennis Williams said his union won’t endorse Donald Trump for U.S. president, all but assuring support for Hillary Clinton as she closes in on the Democratic …


Candidates vow to fight inequality

Clinton and Trump, in their different ways, are promising to restore some balance to a polarized system of wages, and a dramatically lopsided distribution of wealth.


Bank of England keeps interest rates steady amid uncertainty

The Bank of England has voted to keep interest rates steady amid signs that the economy is beginning to falter and uncertainty over next month’s vote on whether Britain should …


Senate blocks measure to forbid purchases of Iran ‘heavy water’

The Senate on Wednesday blocked a Republican effort aimed at undercutting last year’s landmark international nuclear deal with Iran.


Jeb Bush won’t vote for Donald Trump or Hillary Clinton

Jeb Bush the voter plans to sit out the presidential race in November. The ex-presidential candidate wrote on Facebook Friday that he won’t vote for presumptive Republican nominee Donald Trump …


Lindsey Graham won’t vote for Trump or Clinton

Sen. Lindsey Graham won’t be voting for either of the major party presidential nominees. “I think Donald Trump is going places that very few people have gone, and I’m not …


More big-name Republicans abandon Trump; he just shrugs

Speaker Paul D. Ryan is planning to meet with Donald Trump in Washington on Thursday, just a week after he said he is “not ready” to support or endorse him.


Trump’s national debt plan would send rates soaring, analysis shows

In the event that the U.S. economy crashed, Donald Trump has floated a recovery plan based on his own experience with corporate bankruptcy: Pay America’s creditors less than full value …


Amazon leases 20 more jets for growing air cargo fleet

Amazon will lease 20 cargo planes from Atlas Air Worldwide Holdings, a deal that doubles the size of the tech and retail giant’s emerging air force.


ICE backs away from bid for London Stock Exchange

Intercontinental Exchange has jettisoned plans to acquire the London Stock Exchange.


U.S. trade deficit in March smallest in 16 months

The U.S. trade deficit fell in March to the lowest level in 16 months as imports plunged by the largest amount since the depths of the recession seven years ago.


Apple loses Chinese lawsuit over iPhone name

Apple Inc. has lost a legal fight with a Chinese company that a Beijing court says is allowed to use the iPhone name on wallets and handbags.


Chevrolet, the ‘Heartbeat of America,’ not coming to Iran

Chevrolet, the U.S. car brand once advertised as the “Heartbeat of America,” won’t be rolling new models through the streets of Iran anytime soon despite the recent lifting of sanctions …


Iranian commander threatens to close Strait of Hormuz to U.S.

The deputy commander of Iran’s powerful Revolutionary Guard said Iranian forces will close the strategic Strait of Hormuz to the United States and its allies if they “threaten” the Islamic …


Robert J. Samuelson: Britain flirts with economic insanity

Brexit is an absurdity. But it is a potentially destructive absurdity. It creates more uncertainty in a world awash in uncertainty


First U.S. cruise in decades arrives in Havana

The first U.S. cruise ship in nearly 40 years crossed the Florida Straits from Miami and docked in Havana on Monday, restarting commercial travel on waters that served as a …