Indiana Lt. Gov. Suzanne Crouch is set to be part of a delegation of agriculture and tourism leaders that will head to Mexico to develop economic partnerships and strengthen agricultural ties.
Supreme Court declines to hear challenge to Trump’s steel tariffs
The U.S. Supreme Court declined to question President Donald Trump’s imposition of more than $4 billion in steel tariffs, turning away an appeal that challenged his use of national security as the legal justification for his trade agenda.Read More
The broad rally came after the world's two biggest economies agreed over the weekend to resume negotiations.
U.S. tariffs will remain in place against Chinese imports while negotiations continue. Additional trade penalties President Trump has threatened against billions worth of other Chinese goods will not take effect for the “time being.”
U.S. officials said President Donald Trump was focused above all on securing real structural reforms in China to address U.S. complaints about intellectual property theft and the widespread use of industrial subsidies among other things.
Financial markets greeted the news with relief Tuesday. The Dow Jones Industrial Average closed 1.4% higher, adding 353 points.
About 320 U.S. company and trade association representatives are set to appear over seven days of hearings starting Monday on President Donald Trump’s latest proposed tariffs on Chinese goods.
Vice President Mike Pence is on a quiet mission to advance the administration’s top legislative priority for the year—the troubled trade deal—and, with it, just maybe hold together a fraying Republican coalition.
President Donald Trump's aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force in his Republican Party.
The Department of Homeland Security announced Wednesday that U.S. Border Patrol apprehensions of migrants illegally crossing the border hit the highest level in more than a decade in May: 132,887 apprehensions.
Mexican Foreign Secretary Marcelo Ebrard said immigration, not tariffs, was the main focus at the White House meeting, which included Secretary of State Mike Pompeo, Vice President Mike Pence and other U.S. officials.
American whiskey producers like Louisville-based Brown-Forman face stiff retaliatory tariffs in the European Union, the industry’s biggest export market, as part of the Trump administration’s trade disputes.
Despite pushback from U.S. business, Mexico and Capitol Hill, President Donald Trump is doubling down on his threat to slap a 5% tariff on Mexican imports.
The threat to use China's rich supply of so-called rare earths as leverage in the conflict has contributed to sharp losses in U.S. stocks and sliding long-term bond yields.
Seeking to rally support for its side in the tariff war, Beijing is vehemently protesting the Trump administration's decision last week to impose controls on exports of computer chips and other key components.
U.S. paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously exported plastic or metal to China have retooled so they can process it themselves.
Europe, Japan and other trading partners object to President Trump’s trade tactics but echo American complaints. They say China’s practices violate its market-opening commitments under the World Trade Organization.
The White House said Friday that President Trump is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.
Last week, President Donald Trump announced plans to increase tariffs from 10% to 25% on $200 billion worth of Chinese imports that include a wide variety of products like aluminum and steel, frozen fish and meat and wood.
Faced with the prospect that Trump will continue with his adversarial approach, Republican lawmakers are also looking for ways to provide a taxpayer bailout to farmers.
On Monday, President Donald Trump told reporters that a new program to relieve U.S. farmers’ pain is being devised and predicted that they will be “very happy.”