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Stories tagged: trade


FedEx downplays US-China trade spat’s impact on its business

Shortly before the Trump administration announced a new round of tariffs against Chinese goods, FedEx Corp. leaders tried to assure investors Monday that a widening trade war will have little …


Trump plans to slap 10 percent tariff on $200 billion of Chinese goods, sources say

China will reject new trade talks if President Donald Trump moves ahead with the next round of U.S. tariffs on Chinese products, throwing into doubt the prospect of a diplomatic …


Chinese official: Beijing should target goods needed by U.S.

One of China’s most prominent figures in global finance says Beijing should press Washington to end their tariff battle by clamping down on exports of goods needed by American companies, …


UPDATED: Mon., Sept. 10, 2018, 2:09 p.m.

China promises retaliation if U.S. imposes more tariffs

China on Monday promised retaliation if U.S. President Donald Trump escalates their tariff battle, raising the risk Beijing might target operations of American companies as it runs out of imports …


UPDATED: Mon., Sept. 10, 2018, 2:03 p.m.

China’s trade surplus with U.S. hits record $31 billion

China’s trade surplus with the United States widened to a record $31 billion in August as exports surged despite American tariff hikes, potentially adding fuel to President Donald Trump’s battle …


Asian shares dip amid growing worry over U.S.-Canada trade

Asian shares were mostly lower Monday amid worries about escalating trade friction between the U.S. and Canada, who have been unable to agree to a revamped trade deal but will …


UPDATED: Sun., Sept. 2, 2018, 10:19 p.m.

China-Africa trade deficit prominent at conference

African leaders will likely press their Chinese hosts at a conference this week to help narrow their trade deficits with Beijing by shifting more manufacturing to their continent, the chief …


UPDATED: Thu., Aug. 30, 2018, 1:14 p.m.

Trudeau says trade deal possible by Friday – but only if it’s good for Canada

Canadian Prime Minister Justin Trudeau said Wednesday the United States, Canada and Mexico could be nearing a deal to rework the North American Free Trade Agreement, reflecting a surge of …


Canada stunned and worried about Trump trade threats

About 75 percent of Canada’s exports go to the U.S. so the tariff threat looms large after Trump snubbed Canada and reached a preliminary deal with Mexico.


Automakers jump as Trump-Mexico deal averts tariff doomsday

Judging from the jump in General Motors and Ford Motor shares, the market thinks President Donald Trump’s accord with Mexico to replace the North American Free Trade Agreement will enable …


UPDATED: Tue., Aug. 28, 2018, 10:06 p.m.

Talks with Canadian officials expected after U.S.-Mexico deal

President Donald Trump’s drive to revamp the North American Free Trade Agreement has taken an unexpected turn – one that complicates his effort to replace that deal with one more …


UPDATED: Mon., Aug. 27, 2018, 7:05 p.m.

U.S., Mexico tentatively set to replace NAFTA with new deal

Snubbing Canada, the Trump administration reached a preliminary deal Monday with Mexico to replace the North American Free Trade Agreement – a move that raised legal questions and threatened to …


As China retaliates in Trump trade war, damage for Northwest cherry growers could reach $86 million

The Trump administration’s trade war with China is expected to cost the region’s sweet-cherry growers $60 million to $86 million in lost revenue, according to an initial estimate developed by …


Trump suggests U.S. close to ‘big’ trade agreement with Mexico

President Donald Trump says the United States is close to a “big Trade Agreement” with Mexico and he’s citing improving ties between the two countries.


UPDATED: Thu., Aug. 16, 2018, 2:30 p.m.

Kudlow: China is sending team to Washington to talk trade

The United States and China are resuming trade talks, raising hopes for a way out of an intensifying dispute between the world’s two largest economies.


Nice doing business with EU: Prospect of a new trade deal looms large for Yakima Valley

The European Union is an important trade partner for Yakima County and Washington state. That’s why the announcement by President Donald Trump last month that the U.S. would work toward …


UPDATED: Wed., July 25, 2018, 1:41 p.m.

Trump to EU leaders: We want a ‘fair trade deal’

President Donald Trump told European leaders Wednesday that the U.S. wants a “fair trade deal” with the European Union as both sides sought to defuse tensions in an escalating trade …


Trade war with Canada is 19,000-job gamble for Eastern Washington

An escalating trade war will create hardships for both the U.S. and Canada, speakers at the Pacific Northwest Economic Region’s annual summit in Spokane warned Monday.


UPDATED: Sat., July 21, 2018, 8:02 p.m.

Summit draws Americans and Canadians to Spokane to discuss regional issues

More than 500 legislators, policy makers and business people from the Pacific Northwest and Western Canada will gather in Spokane this week for the Pacific Northwest Economic Region’s annual summit.


UPDATED: Wed., July 18, 2018, 1:25 p.m.

Frustrated lawmakers threaten action on Trump’s tariffs

Lawmakers are losing patience with the Trump administration’s reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs.


UK’s May faces down revolt over Brexit trade bill

British Prime Minister Theresa May faced down more rebellion Tuesday over her plans for the country’s exit from the European Union, as lawmakers narrowly rejected a measure that could have …


China files WTO challenge to US $200B tariff plan

China announced it filed a World Trade Organization challenge Monday to President Donald Trump’s latest tariff threat, stepping up its diplomatic efforts to counter U.S. pressure in a spiraling technology …


UPDATED: Thu., July 5, 2018, 6:39 p.m.

Bluster aside, U.S. and China vulnerable to pain from tariffs

The U.S. and Chinese governments have been flashing a lot of bravado just before firing the first shots in a conflict that risks erupting into a mutually damaging trade war. …


UPDATED: Wed., July 4, 2018, 3:19 p.m.

U.S. companies in China think the government is already messing with them

American business leaders fear these are the “qualitative measures” China warned it would unleash if President Donald Trump imposed tariffs on its exports to the United States.


UPDATED: Tue., July 3, 2018, 7:54 p.m.

Trade war hangs over U.S. job market set for more gains in June

President Donald Trump’s global trade war is posing a growing risk to the kind of robust job gains that the U.S. probably enjoyed again in June.


UPDATED: Tue., July 3, 2018, 6:37 p.m.

Why they fight: US and China brawl over high technology

To understand why the United States and China stand on the brink of a trade war, consider the near-death experience of American Superconductor Corp.


UPDATED: Mon., July 2, 2018, 10:30 p.m.

Agriculture Secretary Sonny Perdue endorses work requirements for food assistance

Congress is preparing to reconcile two versions of the farm bill, a sweeping piece of legislation renewed every five years that governs an array of agricultural and food assistance programs, …


UPDATED: Mon., July 2, 2018, 10:19 p.m.

U.S. Agriculture Secretary Sonny Perdue seeks to allay farmers’ trade concerns

U.S. Agriculture Secretary Sonny Perdue sought to assure Eastern Washington agriculture and forestry leaders on Monday that American farmers will not bear the brunt of an international trade war. But …


UPDATED: Sun., July 1, 2018, 6:34 p.m.

Trump delaying NAFTA deal until after midterm elections

President Donald Trump intends to delay signing a revised version of the North American Free Trade Agreement until after the fall midterm elections, a move aimed at reaching a better …


Red Sox get veteran Steve Pearce from Blue Jays

The Boston Red Sox acquired veteran first baseman/outfielder Steve Pearce in a trade with the Toronto Blue Jays on Thursday night.