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Monday, October 26, 2020  Spokane, Washington  Est. May 19, 1883
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U.K. says EU trade talks ‘over,’ but bloc sees room for a deal

British Prime Minister Boris Johnson said Friday that the U.K. must prepare for a no-deal break with the European Union unless there is a “fundamental” change of position from the bloc, as the two sides swapped blame for failing to strike a trade deal with just weeks until the end-of-year deadline.

Trade body rules EU can put tariffs on $4 billion of U.S. goods

International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing. The move further sours transatlantic ties at a time when the coronavirus has doused trade and savaged economies.

U.S. trade deficit up to $67.1 billion in August, 14-year high

The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% in August to $67.1 billion, highest since August 2006. Exports rose 2.2% to $171.9 billion on a surge in shipments of soybeans, but imports rose more — up 3.2% to $239 billion — led by purchases of crude oil, cars and auto parts.

WTO gives EU $4 billion target on U.S. goods in Boeing case

The European Union can impose tariffs on about $4 billion of U.S. exports annually in retaliation for government aid to Boeing Co. deemed illegal by the World Trade Organization, according to people familiar with the ruling.

US slaps levy on Canadian aluminum

After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North American trade agreement with one of his own.

U.S. sanctions pro-China leader of Hong Kong, other officials

The U.S. on Friday imposed sanctions on Hong Kong officials, including the pro-China leader of the government, accusing them of undermining autonomy and restricting freedom of expression and assembly in the former British colony.

Hundreds test positive at Tyson Foods plant in Arkansas

ST. PETERSBURG, Fla. – Tyson Foods is looking into reports that China’s customs agency has suspended poultry imports from a Tyson facility in the United States after coronavirus cases were confirmed among its employees.

Biden seizes on Bolton book to hit Trump’s record on China

WASHINGTON — John Bolton's claim in an explosive new book that President Donald Trump urged China's Xi Jinping to help him win reelection could undermine his campaign's effort to portray Democratic rival Joe Biden as soft on Beijing.