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u.s.-china trade

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May 04

U.S. trade deficit hit record $74.4 billion in March

By Martin Crutsinger, Associated Press

The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.

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Oct 21

Watch 10:28
Where Trump and Biden stand on dealing with China

Where do President Trump and former Vice President Joe Biden stand on dealing with China? The Trump administration calls itself tough on Beijing, but Trump has praised Xi Jinping on a personal level. Biden believes the U.S. and China benefit…

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Feb 05

U.S. trade deficit falls for 1st time in 6 years

By Paul Wiseman, Associated Press

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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Jan 16

Read the full U.S.-China ‘Phase 1’ trade agreement

By Kevin Freking, Paul Wiseman, Associated Press

The deal offers massive export opportunities for U.S. farms and factories and promises to do more to protect American trade secrets but leaves Washington's fundamental differences with Beijing unresolved.

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Jan 15

Watch 5:09
News Wrap: Virginia becomes 38th state to ratify Equal Rights Amendment

In our news wrap Wednesday, Virginia became the crucial 38th state to ratify the 1972 Equal Rights Amendment, which bars discrimination on the basis of sex. Three-quarters of the states now approve the amendment. Also, Russia’s government abruptly resigned after…

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Jan 15

Watch 12:04
What Phase 1 of Trump’s China trade deal includes — and what it doesn’t

After two years of escalating threats and tariffs, the U.S. and China have signed a trade deal. In what is known as Phase 1 of a larger agreement, Beijing pledged to increase purchases of U.S. goods, while U.S. tariffs remain…

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Jan 14

Watch 6:48
News Wrap: European leaders pressure Iran over nuclear deal

In our news wrap Tuesday, European leaders took a major step in pressuring Iran to adhere to the 2015 nuclear deal. Germany, France and the United Kingdom triggered the deal’s official dispute process over Iran’s decision to no longer abide…

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Dec 31

Watch 6:56
News Wrap: Kim says North Korea ending moratorium on nuclear testing

In our news wrap Tuesday, North Korean leader Kim Jong Un announced he is ending a moratorium on nuclear and long-range missile testing. He also said his military will soon unveil a new strategic weapon, and that his country will…

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Dec 13

Watch 6:39
News Wrap: After resounding victory, UK’s Boris Johnson calls for unity

In our news wrap Friday, Prime Minister Boris Johnson called for unity after winning a resounding new mandate to carry out Brexit. His Conservatives captured a commanding majority in Parliament in Thursday’s election. Also, in Algeria, a former prime minister…

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Dec 13

Watch 6:37
Why U.S. and China are still ‘very far away’ from ending trade war

On Friday, the Trump administration and China announced the first phase of a deal to de-escalate the trade war between the world’s two largest economies. But the agreement, positioned by the White House as a major victory, has prompted many…

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Sunday, Nov 9
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