President Donald Trump has ordered the Commerce Department to look into whether higher tariffs are needed on imports of cars, trucks and automotive parts, in the interest of national security. But how do you decide if a vehicle is imported? These days, some American brands are made overseas. Foreign carmakers have factories in the U.S. […]
The reason the United States is pausing tariffs on China for now appears to be a promise from China that it will increase its imports from the U.S. — primarily agricultural and energy products. That would presumably help — at least in the short term — to reduce the U.S. trade deficit with China, which […]
There’s been a little bit of confusion these past couple days on how trade talks with China are going. U.S. officials told CNN that China had offered to bump up purchases of American goods by $200 billion. Chinese officials said that’s not true. The Trump administration believes that the trade deficit with China could be brought […]
Land accounts for 80 percent of farm assets according to the Department of Agriculture. So farmers are using their land as collateral to face low commodity prices, but the amount of production that farmers need to service their debt is rising. Click the audio player above to hear the full story.
A high-powered U.S. trade delegation is heading back from Beijing after two days of trade talks with senior Chinese officials. U.S. Treasury Secretary Steve Mnuchin told reporters the two teams had “good conversations.” The American team brought a list of demands to the talks, including cutting $200 billion from China’s trade surplus with the U.S. […]
After President Donald Trump threatened tariffs on $50 billion in Chinese goods, the Chinese government threatened to target soybeans, an important American cash crop. As farmers got ready to plant their fields, they didn’t have much choice but to stick to planting soybeans and hope for the best. But there are other actions they could […]
Facing a self-imposed deadline, President Donald Trump was considering whether to permanently exempt the EU and Mexico, Canada, Australia, Argentina and Brazil from tariffs that his administration imposed last month on imported steel and aluminum.