Mar 06 Trudeau says trade war between Canada and U.S. expected for the ‘foreseeable future’ By Rob Gillies, Associated Press Prime Minister Justin Trudeau said Thursday he welcomed indications that the U.S. would delay substantial tariffs on Canadian products for a month, but said Canada’s plan to impose retaliatory tariffs would remain in place for now. Continue reading
Feb 02 Trump says Americans could feel ‘some pain’ as his new tariffs begin to set off a trade war By Josh Boak, Associated Press President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China. Continue reading
Feb 02 Analysis: The potential economic effects of Trump’s tariffs and trade war, in 9 charts By Shannon K. O'Neil, Julia Huesa, Council on Foreign Relations President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what comes next and why it matters. Continue reading
Sep 03 U.S. trade deficit surged in July to highest in 12 years By Martin Crutsinger, Associated Press The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount. Continue reading
Jan 16 What is the toll of trade wars on U.S. agriculture? By Menzie Chinn, Bill Plumley, Econofact Agriculture incomes would have shown no growth in 2019 but for massive and unprecedented federal assistance. Continue reading
Jan 03 U.S. manufacturing activity falls to lowest level in a decade By Josh Boak, Associated Press The sector was hurt by weakening demand and last year's global economic slowdown. But some signs suggest that the setback for manufacturing has bottomed out. Continue reading
Dec 26 How did markets behave in 2019? Record stocks, lower rates, so-so IPOs By Alex Veiga, Associated Press Through it all, the U.S. economy and consumers' appetite for spending remained resilient, supporting the market's record-shattering, year-end rally. Continue reading
Nov 05 3 reasons farmers hurt by the U.S.-China trade war still support Trump By Wendong Zhang, Lulu Rodriguez, Shuyang Qu, The Conversation The Trump administration’s efforts to ease the pain of farmers hurt by tariffs have paid off. Continue reading
Oct 15 IMF downgrades world’s economic outlook, citing trade wars By Martin Crutsinger, Associated Press The International Monetary Fund predicts that growth this year will be the weakest since the 2008 financial crisis. Continue reading
Oct 14 U.S.-China truce leaves big issues unresolved By Paul Wiseman, Dave Kolpack, David Pitt, Associated Press Closer inspection suggests there isn't much substance, at least not yet, to the temporary truce President Donald Trump announced Friday at the White House after the U.S. and China wrapped up their 13th round of trade talks. Continue reading