China and the United States concluded three days of talks Wednesday with a cautious sense of optimism that the world’s two biggest economies might be able to reach a deal that ends their bruising trade war.
The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as negotiations began in Beijing.
China sounded a positive note ahead of talks with U.S. trade officials this week on a sprawling trade dispute, but the two sides face lengthy wrangling over technology and their future relationship.
The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness.
Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone more tariff hikes for 90 days while their governments negotiate over U.S. complaints that Beijing steals or pressures foreign companies to hand over technology.
The courier has cut its financial outlook just three months after raising it, reflecting an abrupt change in FedEx’s view of the global economy.
China’s return to the U.S. soybean market this week comes too little, too late for many farming families to put more Christmas presents under the tree this year.
Between 75 percent and 80 percent of Americans who have a Christmas tree now have an artificial one, and the $1 billion market for fake trees is growing at about 4 percent a year.
The U.S. was set to raise tariffs on $200 billion in Chinese goods on Jan. 1 until President Donald Trump agreed Saturday with Chinese Leader Xi Jinping to hold off for 90 days while the two sides try to settle their differences.
The U.S.-Mexico-Canada Agreement is meant to replace the 24-year-old North American Free Trade Agreement, which Trump has long denigrated as a “disaster.”
Vice President Mike Pence said the U.S. wasn’t in a rush to end the trade war and would “not change course until China changes its ways”—a worrying prospect for a region heavily reliant on exports.
According to the American Headwear Alliance, which represents producers such Zionsville-based Lids and Massachusetts-based ’47 Brand, the vast majority of caps sold in the U.S. are imported from overseas.
Economists, trade attorneys and businesses are still parsing the agreement. But here's an early look at what it means for different players.
Overall, economists surveyed by the National Association for Business Economics are slightly more optimistic than they were when last surveyed three months ago.
Canadian dairy farmers say they’re on the losing end of a new trade pact with the United States that will allow Americans to ship more milk north.
Canada was back in a revamped North American free trade deal with the United States and Mexico late Sunday after weeks of bitter, high-pressure negotiations that brushed up against a midnight deadline.
Japanese Prime Minister Shinzo Abe resisted for almost two years the push to start bilateral trade talks with the United States, but President Donald Trump’s threatened auto tariffs forced him to reconsider.
The United States is moving forward on its bilateral trade deal with Mexico even if Canada is left out because negotiators can’t resolve their sharp differences, U.S. Trade Representative Robert Lighthizer said.
With no settlement in sight, forecasters say the conflict between the two biggest economies could trim global growth through 2020.
The Trump administration is providing up to $12 billion in emergency relief funds for American farmers, with roughly $6 billion in an initial round.
