U.S. trade deficit sees first annual decline in six years
The Commerce Department said Wednesday that the gap between what the United States sells and what it buys abroad fell 1.7% last year, to $616.8 billion.
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Clock ticking for companies that depend on China imports
If much of industrial China remains on lockdown for the next few weeks, Western retailers, auto companies and manufacturers that depend on Chinese imports will start to run out of the goods they depend on.
Companies with China ties start to feel virus impact
The dangerous virus spreading through China threatens a wide range of industries with ties to the world’s second largest economy.
U.S. advises against travel to China; virus declared emergency
The United Nations health agency defines an international emergency as an “extraordinary event” that constitutes a risk to other countries and requires a coordinated international response.
Trump: New trade deal with Canada, Mexico to boost U.S. growth
President Donald Trump on Wednesday signed into law a major rewrite of the rules of trade with Canada and Mexico that he said replaces the “nightmare” of a Clinton-era agreement and will keep jobs, wealth and growth in America.
Senate passes U.S.-Canada-Mexico trade deal, a Trump priority
The U.S. 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 victory.
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, protect American trade secrets and lower tensions in a long-running dispute between the world’s two biggest economies.
U.S.-China pact signing to ease tension but leave much undone
President Donald Trump and China’s chief negotiator, Liu He, are scheduled to sign a modest trade agreement on Wednesday in which the administration will ease some sanctions on China and Beijing will step up its purchases of U.S. farm products and other goods.
Report: U.S., China reach agreement to resume economic talks
The Wall Street Journal reported Saturday that the resumption of the talks was set to be announced on Wednesday when the Trump administration signs a Phase One trade agreement with China in Washington, D.C.
Trump says he’ll sign first-step China trade deal on Jan. 15
In the first-step agreement, the U.S. dropped its plan to impose new tariffs on $160 billion of Chinese imports and agreed to trim existing import taxes on about $112 billion in Chinese goods. In return, the U.S. said China agreed to buy $40 billion a year in farm products over two years.
Skeptics question value of China farm purchases under Trump deal
America’s trade representative says China has agreed to buy $40 billion per year in agricultural products. The president says it’s more than $50 billion. But the text of the deal hasn’t been made available, and China isn’t talking.
China announces tariff cuts, more competition in markets
The latest step is intended to “promote the coordinated development of trade and environment,” the official Xinhua News Agency in China said.
Mexico trade negotiator: We’ll never accept U.S. ‘inspectors’
Mexico’s trade negotiator for North America said Sunday that Mexico categorically opposes allowing foreign labor inspectors to operate in the country.
Trump says U.S., China have reached deal; new tariffs called off
President Donald Trump said Friday that the U.S. and China have reached a Phase 1 trade deal, de-escalating a 17-month dispute between the economic powers.
New NAFTA leaves winners, losers across North America
Companies, workers and lawmakers in three countries have spent the past year in limbo awaiting final touches on the U.S.-Mexico-Canada free-trade agreement. Now they have a better sense of who won—and who lost.
U.S., China near deal that would suspend planned tariffs
The Trump administration and China are close to finalizing an agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war.
Agreement on North American trade pact finally reached
House Speaker Nancy Pelosi on Tuesday announced agreement on a modified North American trade pact, handing President Donald Trump a major Capitol Hill victory on the very same day that Democrats announced their impeachment charges against him.
Trump, Dems in tentative deal on North American trade pact
The new, long-sought trade agreement with Mexico and Canada would give both Trump and his top adversary, House Speaker Nancy Pelosi, a major accomplishment despite the turmoil of his likely impeachment.
China says U.S. must cut tariffs in trade deal
The United States must roll back punitive tariffs on Chinese imports if the two sides reach a trade deal, China said Thursday, indicating Beijing is sticking to its position ahead of another possible Dec. 15 duty increase.
Trump’s U.S.-Japan trade deal wins Japan parliament approval
When the trade deal was reached in September, Trump said it would mean opening Japan’s market to about $7 billion in U.S. farm goods, with tariffs lowered or scrapped on American beef, pork, wheat, cheese, corn and wine.