trade

China’s state-owned media might talk tough, but major tech companies are fleeing the country due to Beijing’s unfair trade practices, national security concerns, continued economic warfare with the United States and rising labor costs. The Nikkei Asian Review reported Wednesday that HP, Dell and Microsoft are joining Amazon, Google, Apple and other tech giants
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The Mexico Senate overwhelmingly voted to ratify the United States-Mexico-Canada Agreement (USMCA) Wednesday, making them the first country to approve the deal. The USMCA was previously a signed but not yet ratified free trade treaty between the U.S., Mexico and Canada. It was signed November 30, 2018 but was not ratified by any country until
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Some Chinese exporters are putting fake “Made in Vietnam” stickers to try and avoid the U.S. tariffs, Vietnam alleged on Sunday. Vietnam said in a government statement that they have found dozens of cases where Chinese exports, including textiles, iron, steel, and aluminum, are being illegally transferred to Vietnam where fake stickers are then placed so
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The Environmental Protection Agency (EPA) announced Friday it would allow the year-round sale of higher ethanol gasoline. EPA Administrator Andrew Wheeler said the agency was fulfilling President Donald Trump’s promise to Midwestern agriculture states, which have been hit hard by retaliatory Chinese tariffs. EPA previously restricted the sale of “E15” gasoline — fuel blended with
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U.S. President Donald Trump was able to extract a number of concessions from Chinese President Xi Jinping in exchange for not imposing any new tariffs on Chinese goods. Trump reached a major agreement while meeting with the world’s top leaders over the weekend. At the G-20 Summit in Buenos Aires, Argentina, Trump and Xi
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Scratching the surface, it may look bad financially. Digging deeper, his steel strategy plans for a better future for America economically and strategically. In 1945, the United States produced 72% of the world’s steel. Since then, the US’s impact on global steel production has shrunk tremendously as manufacturers have found it cheaper to outsource
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Orders at U.S. factories for durable goods rose in June despite constant media reports fretting over President Donald Trump’s negotiating tactics on trade. The Commerce Department reported Thursday that durable goods – items meant to last at least three years, like appliances – rose 1 percent in June. Excluding transportation manufacturers, orders were up
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President Donald Trump announced Friday that his administration would levy tariffs against China in response to decades of unfair trade practices and theft of American intellectual property. China has threatened retaliation, but there is little chance for a full-blown trade war. “Trade between our nations, however, has been very unfair, for a very long
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Exports of U.S. technology industry products and services grew by nearly $10 billion in 2017, to an estimated $322 billion, according to a new analysis released today by CompTIA, the world’s leading technology association. The “CompTIA Tech Trade Snapshot” also reveals that tech exports directly supported an estimated 805,000 jobs in 2016, the most recent year of available
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A U.S. – China trade delegates met in Washington, D.C. and agreed that China would take “effective measures to substantially reduce the United States trade deficit” with the large Asian nation. “To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of
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Joe Readle/Getty Images by John Binder29 Apr 2018Washington, DC0 29 Apr, 201829 Apr, 2018 President Trump finds the Republican establishment’s plan to run their 2018 midterm election campaigns on the recently passed tax cuts “boring,” according to the New York Times, and will instead focus his efforts on his wildly popular “America First” immigration and trade
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WHAT: President Trump has successfully promoted U.S. agriculture and food trade around the world, breaking down barriers to U.S. agricultural exports. Today, President Trump is announcing that the Administration has finalized technical requirements to allow the export of U.S. pork to Argentina for the first time since 1992. This announcement concludes a process started
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