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China’s efforts to address domestic problems can lead to global challenges

Restrictions on exports like fertilizer and steel have major economic ramifications for trading partners.
When the prices of fertilizer began to increase last year, China moved to restrict fertilizer exports. Above, workers move bags of fertilizer in China's northwest Qinghai province in 2005.
Peter Parks/AFP via Getty Images

U.S. trade representative: "The global economy needs to evolve"

Apr 22, 2021
Trade Representative Katherine Tai speaks about new priorities in global trade and the need to address challenges collectively.
U.S. Trade Representative Katherine Tai discusses new priorities in global trade under the Biden administration. "We don't exist in a vacuum," she says.
Tasos Katopodis/pool/AFP via Getty Image

The customs industry navigates port delays, tariffs and uncertainty

Mar 8, 2021
A Pennsylvania customs broker describes how business has changed due to the pandemic and is changing again under a new president
In 2020, there was “no congestion at the port. Everything was coming in early,” says Gretchen Blough. "Now it's kind of the opposite. Everything's a week to two late."
Mario Tama/Getty Images

China's scramble for global pork supplies could mean price hikes for Americans

Oct 10, 2019
The country has lost more than half of its pig heard to African swine fever, according to some estimates.
Smithfield Foods, a Chinese-owned company, is warning of a pork shortage. Smithfield owns the Farmland brand, shown above at a supermarket in Los Angeles in 2013.
Kevork Djansezian/Getty Images

Canada's Prime Minister in DC to discuss USMCA... or is it CUSMA?

Jun 20, 2019
Canada's Prime Minister is in DC Thursday talking trade and the "new NAFTA".
Canadian Prime Minister Justin Trudeau on a visit to China last year. Next week, Trudeau is meeting with President Donald Trump.
Etienne Oliveau/Getty Images

With tariffs on our closest allies, what kind of trade policy is this?

Jun 1, 2018
It's "a steady policy of throwing stink bombs into rooms, having the room clear out and then saying, 'OK, let's sit down and talk.'"
Mexico announced sweeping retaliatory tariffs on a host of U.S. goods Thursday after the United States slapped steep tariffs on steel and aluminum from Mexico, Canada and the European Union. Above, a man works in a steel distribution factory in Monterrey in northern Mexico on May 31.

President Trump prepares for 'difficult' talks with China’s Xi Jinping

Apr 3, 2017
China’s President Xi Jinping will have talks with President Trump on Thursday at the Mar-a-Lago resort in Florida. Last week, Trump tweeted that the meeting would be “very difficult.” The U.S. has a $347 billion trade deficit with China. In the election campaign, Trump also threatened to label China a “currency manipulator,” a designation that could […]

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Weekly Wrap: Executive orders and international trade

Mar 31, 2017
Wrapping up the week's business news with Catherine Rampell and Nela Richardson.
US President Donald Trump and US Vice President Mike Pence stand alongside Commerce Secretary Wilbur Ross as he speaks about Trump signing executive orders on trade policies in the Oval Office of the White House.
SAUL LOEB/AFP/Getty Images

What people get wrong when they talk about NAFTA

Mar 24, 2017
Economist Marc Melitz says there are common misunderstandings about NAFTA.
Employees work in a manufacturing business in Ciudad Juarez, Mexico.
Joe Raedle/Newsmakers

What if NAFTA was never created?

Mar 23, 2017
U.S. manufacturing jobs would still be lost to technology and China, economists say.
U.S. President Bill Clinton signs the North American Free Trade Agreement on December 8, 1993.