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Marketplace Morning Report

A year-and-a-half late and $1 million short

Aug 23, 2019
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Stories Tagged as
Imports

USMCA disappoints Southeastern growers

by Emma Hurt Jul 4, 2019
According to one farmer, the "new NAFTA" spells disastrous consequences for her family's business.
Mexican President Enrique Pena Nieto (L), US President Donald Trump (C) and Canadian Prime Minister Justin Trudeau are pictured after signing a new free trade agreement in Buenos Aires, on November 30, 2018, on the sidelines of the G20 Leaders' Summit.
MARTIN BERNETTI/AFP/Getty Images
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Tariffs are stifling the region with world's largest BMW plant, official says

by Liz Sanchez and Kai Ryssdal May 15, 2019
Spartanburg, South Carolina, had “white hot” growth before the taxes, councilman says.
CHRISTOF STACHE/AFP/Getty Images
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Export-Import Bank might shake years of reduced powers

by Tracey Samuelson May 7, 2019
The Senate will vote on confirming three new board members who would enable the Export-Import Bank to perform its full mission. Click the audio player above to hear the full story.
People arrive for the U.S. Export-Import Bank's annual conference in Washington, D.C., in 2013.
Brendan Smialowski/AFP/Getty Images
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Customs officials struggle with the uptick in volume of goods shipped into the U.S.

by Ashley Milne-Tyte Dec 28, 2018
A 2016 law that allows goods from abroad to enter the U.S. duty free as long as they are valued at $800 or less has opened up the door to more counterfeiters.
Customs officers in the DHL warehouse at JFK Airport.
Ashley Milne-Tyte for Marketplace
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Trade showdown

U.S. importer struggles to respond to trade war

by Scott Tong Sep 25, 2018
A California-based importer of Chinese-made auto part says he has no choice but to pass the cost of new U.S. tariffs onto consumers.
A cargo ship stands in Long Beach harbor in California in 2012.
JOE KLAMAR/AFP/GettyImages
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Lumber trade dispute and tariffs boost U.S. wood products

by Esther Honig Sep 20, 2018
Prices for U.S. softwood lumber have jumped since tariffs against Canadian lumber took effect last year.
A machine piles pine logs for processing at the Montrose Forest Products sawmill. In 2012, this Colorado log yard was nearly empty. 
Esther Honig/Harvest Public Media
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Consumers may not link tariffs and higher prices

by , and Sep 18, 2018
How much do you pay attention to fluctuations in the prices of stuff you buy? There are new tariffs coming on some $200 billion worth of goods from China. They’ll start with a 10 percent tariff Monday and climb to…
Signs with the U.S. flag and Chinese flag are seen outside a store selling foreign goods in Qingdao in China's eastern Shandong province on Sept. 19, 2018. - China on Sept. 18 announced tariffs on U.S. goods worth $60 billion in retaliation for President Donald Trump's decision to slap duties on $200 billion in Chinese products next week. 
STR/AFP/Getty Images
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Trade showdown

Trump imposes tariffs on $200 billion more of Chinese goods

by Tracey Samuelson Sep 17, 2018
The tariffs will start at 10 percent and rise to 25 percent starting Jan. 1.
President Donald Trump speaks in July at U.S. Steel's Granite City Works plant in Granite City, Illinois. U.S. Steel credits Trump's plan to impose tariffs on imported steel with enabling it to restart idled furnaces.
Whitney Curtis/Getty Images
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Tariffs on imported materials could push up post-disaster costs

by Justin Ho Sep 13, 2018
Hurricane Florence, currently tearing along the Southeast coast of the U.S. could bring wind gusts of 80 mph. The governor of North Carolina said that “tens of thousands of structures are expected to be flooded.” The post-storm costs could be…
Waves created by Hurricane Florence are seen along Cherry Grove Fishing Pier on September 14, 2018 in North Myrtle Beach, United States. 
Joe Raedle/Getty Images
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Here’s how deficit-inducing tax cuts lead to trade deficits

by , and Sep 5, 2018
The U.S. trade deficit in July surged to a five-month high, $50.1 billion, as exports of products like soybeans and civilian aircraft fell, while imports reached record levels. President Donald Trump regularly complains about trade deficits, but his own spending…
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