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With auto tariffs on the horizon, a warning from U.S. carmakers

Aug 21, 2018
"I am cautiously pessimistic" about trade in this economy, a member of the motor vehicle supplier industry says.
Ford Mustangs are assembled at a plant in Flat Rock, Michigan, in 2004.
Bill Pugliano/Getty Images

It’s opening day for public hearings on the next round of tariffs

Aug 20, 2018
Over 350 witnesses are slated to testify at the U.S. Trade Representative’s office on Trump’s proposal to tax another $200 billion worth of Chinese imports.
President Donald Trump, seated in the Oval Office on Jan. 23, prepares to sign Section 201 actions to impose tariffs as U.S. Trade Representative Robert Lighthizer looks on.
JIM WATSON/AFP/Getty Images

What its like to ship all the goods slapped with tariffs

Aug 8, 2018
At the intersection of trade and tariffs ... the Mississippi River has seen it all.
A loaded barge is seen near the Mississippi River port of Memphis, Tennessee, on Aug. 15, 2012.
Robert MacPherson/AFP/GettyImages

How Wisconsin became the ginseng state — and part of the trade war

Jul 31, 2018
Almost all the ginseng grown in America comes from the state, and the majority of that crop gets exported to China. It's the perfect target for retaliatory tariffs.

In the ongoing trade saga, some businesses are caught in bureaucratic crosshairs

Jul 25, 2018
Ronnie Smith at McMahon Steel Supply says buying foreign steel is "just an economic fact of life."
A slab of steel, 8 inches thick, is heated before being rolled into a coil of steel at the NLMK Indiana mill in Portage, Indiana, in March.
Scott Olson/Getty Images

Trump-Juncker meeting key for U.S.-EU trade relations

Jul 24, 2018
The European Union’s top official is due to meet with President Donald Trump tomorrow in Washington. Jean-Claude Juncker — head of the EU’s executive arm — will be trying to stave off a full-blown transatlantic trade war and persuade the president not to go ahead with a threatened tariff of up to 25 percent on European auto […]

U.S. trade officials hold hearing on next batch of tariffs

Jul 24, 2018
In June, President Donald Trump announced tariffs on $50 billion in Chinese goods, most of which went into effect earlier this month. Now U.S. trade officials are set to impose the rest of them, but not before a hearing on Tuesday and Wednesday with U.S. business leaders. The list of products includes industrial machinery, communications […]
A factory worker makes parts in a welding room at LGMazak, a Sino-Japanese joint venture firm that manufactures digitally controlled machinery for automotive, aviation, chemical, and manufacturing industries, 03 September 2004 in Yinchuan, in northwest China's Ningxia Hui Autonomous region. 
FREDERIC J. BROWN/AFP/Getty Images

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Tesla's China plant will serve the world's biggest electric car market

Jul 11, 2018
This week, Tesla announced its plans to build a plant in Shanghai amid trade tensions between the U.S. and China
A view of a fully electric Tesla car on an assembly line at the new Tesla Motors car factory in Tilburg, the Netherlands, during the opening and launch of the new factory, on Aug. 22, 2013.
Guus Schoonewille/AFP/Getty Images

Is there an exit strategy for the trade war with China?

Jul 6, 2018
When we go to war in the conventional sense, there’s usually supposed to be an exit strategy. What about with trade wars? How do we get out of this one? Click the audio player above to hear the full story. 

Tariffs can push prices in either direction

Jul 5, 2018
Trade fight. Trade skirmish. Possible trade war. We’ve been hedging our language around what the Trump administration’s multiple rounds of tariffs actually mean. But come midnight tonight, when $34 billion in tariffs on Chinese goods are supposed to kick in, all that talk of trade war starts to look a lot more real and a […]