President-elect Donald Trump announced Tuesday he will nominate lawyer Robert Lighthizer as U.S. trade representative, picking an experienced trade official who has questioned the conservative movement's commitment to free trade.
By Kevin Freking, Associated Press
The Obama administration says it is trying to hold China to its commitment to allow set quantities of grain and corn to enter the country subject to a lower tariff rate.
By PBS NewsHour
In 2014, after a five-decade freeze, President Obama announced the U.S. would begin re-establishing diplomatic ties with Cuba. But last week's passing of former Cuban leader Fidel Castro is a reminder that the U.S. embargo remains in effect for most…
By PBS NewsHour
President-elect Donald Trump’s deal with United Technologies will preserve 1,100 jobs in the state of Indiana, thus appearing to validate a central promise of his campaign. But questions remain: Is this sort of agreement viable? What is the future of…
By John Rennie Short
From the Brexit, to the recent U.S. election of Donald Trump, voters across the world are rejecting candidates and policies in support of globalization.
Trade agreements remain critical because that beggar-thy-neighbor temptation for governments — in the United States, but especially elsewhere — never goes away. And it will surely resurface if the United States is the first to rip them up.
Most people are probably not aware of the extraordinary level of protectionism that benefits doctors and, to a lesser extent, other highly paid professionals in our own country. And we pay a huge price for this protectionism.
The U.S. government has long recognized that while freer trade would bring broad benefits to Americans through lower prices on everything from clothing to TV sets, there would be real costs. And they would be concentrated in certain parts of…
By Kristen Doerer
The Obama administration has given up on the Trans-Pacific Partnership, a trade deal with 11 nations in the Asia-Pacific region, according to The Wall Street Journal.
What is President-elect Donald Trump's plan for the economy? Economics correspondent Paul Solman sat down with economic historian Adam Tooze to discuss.
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