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EU is unhappy with U.S. steel and aluminum tariffs

Apr 24, 2018
When the United States imposed tariffs on steel and aluminum imports last month, the European Union and a handful of other key allies got a temporarily exemption that expires next week. China was not granted an exemption and took its case to the World Trade Organization. This week, the EU has decided to join that […]

Steel may be on the menu at the state dinner

Apr 24, 2018
French President Emmanuel Macron is pushing for a permanent exemption from tariffs for the European Union.  Today will be the second day of Macron’s three-day state visit, and the biggest event will be the first state dinner since President Donald Trump took office 15 months ago. But it won’t be all glitz and glam. Macron […]

Whirlpool feels the benefit, and burden, of Trump administration tariffs

Apr 20, 2018
Critics of President Donald Trump’s steel and aluminum tariffs say the policies hurt U.S. manufacturers that use a lot of those materials. And one industry likely to feel the pinch of higher production costs: home appliance manufacturers. Still, at least one major domestic appliance company, Whirlpool Corp., may come out ahead, thanks to another protective […]
Whirlpool appliances are offered for sale alongside other brands at a Home Depot store on October 24, 2017 in Chicago, Illinois.
Scott Olson/Getty Images

The immediate economic future looks bright, barring a few bumps down the road

Apr 20, 2018
The Conference Board’s Leading Economic Index, which was up 0.3 percent in March, indicates the economy looks pretty good heading into summer and fall. The index crunches forward-looking measures like building permits, factory orders and unemployment claims to predict where the economy will be six months from now. And it looks as if the economy […]

Farmers eyeing trade tariff threats as crop insurance trims considered by House committee

Apr 18, 2018
The House Agriculture Committee considers the Farm Bill today. The bill includes funding for crop insurance, the federal program that protects farmers from swings in crop yields, and prices. If insurance is cut back, that could be a problem should China makes good on its latest tariff threats.  Click the audio player above to hear […]

U.S. companies line up to be excluded from steel and aluminum tariffs

Apr 17, 2018
Japanese prime minister Shinzo Abe is in Florida to discuss trade issues with President Donald Trump. One issue on the table: Japan’s desire to be excluded from steel and aluminum tariffs that went into effect last month. Other key U.S. allies, including Australia, Canada, the European Union and Mexico have been granted exemptions. Plenty of […]

Plenty to talk about as Abe meets with Trump at Mar-a-Lago

Apr 17, 2018
Japanese Prime Minister Shinzō Abe meets with President Donald Trump today at the president’s Mar-a-Lago resort in Florida. Likely to be on tap: trade, tariffs and North Korea.  Click the above audio player to hear the full story.

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How economic security is national security for Trump

Apr 10, 2018
Many trading partners see that core administration belief as a thinly veiled cover for protectionism.
President Donald Trump speaks during a meeting with senior military leaders at the White House in Washington, D.C., on Monday. On his right is new National Security Advisor John Bolton.
NICHOLAS KAMM/AFP/Getty Images

Why looking at tariffs on one product doesn't show the whole picture on trade

Apr 9, 2018
Early this morning, at about 6 a.m. Eastern, the president did what he often does and tweeted.  It was a complaint about Chinese tariffs. China, he claimed, imposed tariffs of 25 percent on U.S. automakers, whereas the U.S. imposes tariffs of only 2.5 percent. “Does that sound like free or fair trade,” he wrote. “No, […]

We've hit the "quid pro quo stage" of this brewing trade war

Apr 6, 2018
Let's get to this week's tax and tariff talk.
GREG BAKER/AFP/Getty Images