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Sunday, January 26, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: trade

High hopes: US, EU and UK all aim for trade deals this year

The United States, the European Union and what will soon be post-Brexit Britain have all raised the prospect of concluding trade deals between themselves by the end of this year, …

U.S., France reach tax deal averting broader trade war

France will delay its tax on the digital business of big tech firms like Google and Faceook in exchange for the United States’s promise to hold off retaliatory sanctions – …

UPDATED: Thu., Jan. 16, 2020

Cantwell lauds new North American trade pact

U.S. Sen. Maria Cantwell praised the new trade deal with Canada and Mexico approved by the Senate on Thursday, saying it would help strengthen the country’s trade partners and open …

UPDATED: Thu., Jan. 16, 2020

Senate passes U.S.-Canada-Mexico trade deal, a Trump priority

The Senate overwhelmingly approved a new North American trade agreement Thursday that rewrites the rules of trade with Canada and Mexico and gives President Donald Trump a major policy win …

US stocks rise after signing of ‘Phase 1’ trade deal

Stocks rose in afternoon trading on Wall Street Wednesday after the signing of an initial trade deal between the U.S. and China.

US, China deal aims to simmer long-running trade tensions

President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers and is aimed at lowering tensions in a long-running …

UPDATED: Tue., Jan. 14, 2020

US-China pact signing to ease tension but leave much undone

After 18 months of economic combat, the United States and China are set to take a step toward peace Wednesday. At least for now.

Stocks rise on optimism ahead of US-China trade deal

Technology companies are leading stocks broadly higher on Wall Street Monday afternoon as investors look ahead to the signing of an initial trade deal with China and the potential for …

China’s November soybean imports rise after US trade deal

China’s imports of soybeans surged in November following the announcement of an interim trade deal with the United States.

UPDATED: Fri., Jan. 3, 2020

At each end of Pacific, skepticism over China farm purchases

President Donald Trump likes to joke that America’s farmers have a nice problem on their hands: They’re going to need bigger tractors to keep up with surging Chinese demand for …

North America trade pact deals rare setback to Big Pharma

A revamped North American trade deal nearing passage in Congress gives both the White House and Democrats a chance to claim victory.

UPDATED: Fri., Dec. 13, 2019

U.S. cancels planned tariffs on China

President Donald Trump said Friday that the U.S. has canceled plans to impose new tariffs on $160 billion worth of Chinese imports Sunday as part of a modest interim agreement …

UPDATED: Thu., Dec. 12, 2019

S&P 500, Nasdaq at records as hopes build for a trade deal

The S&P 500 and Nasdaq closed at all-time highs Thursday on renewed optimism that the U.S. and China are close to reaching a deal in their costly trade war.

UPDATED: Thu., Dec. 12, 2019

U.S., China near deal that would suspend planned tariffs

The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war.

UPDATED: Wed., Dec. 11, 2019

Spokane-area economists react to new trade agreement

Both President Donald Trump and House Speaker Nancy Pelosi are calling the revamped North American trade pact – the U.S.-Mexico-Canada Agreement – a win. “There is no question of course …

UPDATED: Tue., Dec. 3, 2019

France to retaliate if U.S. doubles Champagne, cheese prices

France is bristling at a U.S. threat to slap 100% tariffs on French cheeses, Champagne and other products, with the French leader telling President Donald Trump on Tuesday that the …

Major U.S. stock indexes hit record highs amid trade optimism

More encouraging signs that trade talks between the U.S. and China are on track kept investors in a buying mood Tuesday, nudging the major stock indexes to record highs for …

China sets tougher guidelines to protect patents, copyrights

China issued new, tougher guidelines for protection of patents, copyrights and other intellectual property in a move that may be timed to help along halting progress in trade talks with …

UPDATED: Mon., Nov. 25, 2019

U.S. stocks jump to records as tech, small companies lead way

A flurry of buyout deals and rising optimism about U.S.-China trade talks sent stocks back to record heights Monday, the latest bit of fuel for a market that’s been climbing …

U.S. again extends limited reprieve on tech sales to Huawei

The U.S. government blacklisted the Chinese tech company in May, deeming it a national security risk. That means U.S. firms aren’t allowed to sell technology to Huawei without government approval.

UPDATED: Fri., Nov. 15, 2019

Washington producers may get boost with Beijing’s lifting of 5-year ban on U.S. poultry imports

China is lifting a five-year ban on U.S. poultry, a goodwill gesture at a time when the world’s two biggest economies are trying to finalize a tentative trade deal. The …

UPDATED: Tue., Nov. 12, 2019

Huawei giving employees bonus for coping with U.S. sanctions

Huawei is paying its employees bonuses totaling more than $285 million as thanks for helping the Chinese tech giant cope with U.S. sanctions that threaten its smartphone and other businesses.

UPDATED: Mon., Nov. 11, 2019

Stocks slip as uncertainty reigns in US-China trade talks

Stocks are falling Monday on Wall Street as investors weigh mixed signals about the status of U.S. trade talks with China.

UPDATED: Fri., Nov. 8, 2019

Kim Kardashian enters China’s influencer world. She says she’d love to eat hot pot and play mah-jongg

Twelve million people watched as Kim Kardashian West opened a mah-jongg set on screen, displaying the dominolike tiles of the popular Chinese game.

UPDATED: Tue., Nov. 5, 2019

U.S. trade deficit falls to $52.5 billion in September

The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum.

UPDATED: Mon., Nov. 4, 2019

Dow hits record as stock market rally extends into 5th week

The Dow Jones Industrial Average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market’s rally carried into a fifth week.

UPDATED: Fri., Nov. 1, 2019

Trade body: China can hit U.S. with sanctions worth $3.6 billion

The World Trade Organization says China can impose sanctions on up to $3.6 billion worth of U.S. goods over the American government’s failure to abide by anti-dumping rules.

UPDATED: Tue., Oct. 22, 2019

Seahawks trade for Detroit safety Quandre Diggs to bolster depleted secondary

The Seattle Seahawks have addressed depth concerns in the defensive backfield by acquiring Quandre Diggs from the Detroit Lions.

China tempers hopes about U.S. tariff truce

A truce in a U.S.-Chinese tariff war and Beijing’s promises to open more of its state-dominated economy are raising investor hopes. But Beijing is trying to temper expectations, while companies …

UPDATED: Tue., Oct. 15, 2019

IMF downgrades outlook for world economy, citing trade wars

The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of …