EU Warns Ecuador Over Illegal Fishing
The EU on Wednesday warned Ecuador over illegal fishing, saying it could impose a ban on fish imports from the country if it does take more action to address the situation.
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Despair in Burgundy and Beyond, as US Tariffs Hit EU Goods
French vintners are begging for government aid. Italian farmers are scrambling for new export markets. And American shoppers are about to face supermarket sticker shock on European products.
Read moreTrump Delays Plan to Hike Tariffs on Chinese Imports
President Donald Trump on Friday announced a tentative partial trade deal with China, putting off impending tariffs hikes set to be snapped in place on $250 billion in Chinese goods next week.
Read moreUS Consumers Snap Up Italian Parmesan Before Tariffs
U.S. consumers are stocking up Italian Parmesan cheese ahead of an increase in tariffs to take effect next week.
Read moreUS Blocks Goods From Companies Suspected of Forced Labor
The Trump administration on Tuesday announced it is holding imports of clothing, gold, diamonds and other items believed to have been produced with forced labor by companies based in Brazil, China and Malaysia as well as some gold mined in eastern Congo and diamonds from a region in Zimbabwe.
Read moreSoaring Onion Prices Spark Anger in Bangladesh After India Ban
A ban on onion exports by India has caused shortages, soaring prices and widespread anger in neighboring Bangladesh, where the pungent bulb is used in almost all aspects of the national cuisine.
Read morePresident Trump Delays New Round of Tariff Increases on Chinese Goods
President Donald Trump announced on Wednesday that the U.S. will delay tariffs against select Chinese imports in an ongoing trade war between the two superpowers.
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China Keeps Penalties on US Pork & Soy, Eases Others
China on Wednesday announced it will exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington but kept in place penalties on soybeans and other major U.S. exports before negotiations next month.
Read moreTariffs of Chinese Goods Set to Kick in on Sunday
Expect a direct hit on many U.S. consumers from President Donald Trump’s latest round of tariffs on Chinese imports. He had no intention of pulling back on import taxes set to kick in Sunday.
Read moreFact Check on Mexico Farm Deal: There He Goes Again
President Trump is bragging about a new deal with Mexico that provides for “large” sales of U.S. farm goods, but it doesn’t appear to exist. Mexican officials denied that anything on agriculture was included in the border deal reached Friday to avert Trump’s threatened tariffs.
Read moreMexico’s Tequila Exporters Warily Eye US Tariff Deadline
President Trump’s threat to impose punitive tariffs on all Mexican imports could affect millions of jobs in the United States’ southern neighbor —including more than 70,000 of them in the tequila industry.
Read moreWhite House: Trump ‘Deadly Serious’ About Mexico Tariffs
A top White House official said Sunday that President Donald Trump is “deadly serious” about imposing tariffs on imports from Mexico, but acknowledged there are no concrete benchmarks being set to assess whether the U.S. ally is stemming the migrant flow enough to satisfy the administration.
Read moreTrump Delays Car Tariffs as Trade Standoff Intensifies
Throwing ice on a policy move widely panned by economists, the Trump administration said Friday it would delay a plan to impose tariffs on imported cars and auto parts.
Read moreTrade War On: China Says It Will Retaliate for New Tariff Hike
President Trump’s latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade tensions.
Read moreUK Opens Probe of Tainted-Blood Scandal That Killed 2400
A long-awaited inquiry opened Tuesday in Britain into how contaminated blood was used to treat thousands of people in the 1970s and ’80s, killing at least 2,400.
Read moreUS Won’t Renew Sanctions Waivers for Importing Iranian Oil
The Trump administration on Monday told five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran.
Read moreProduce Growers in Sunny South Spain Brace for Brexit Pain
The trade in fresh produce hinges on getting goods to market promptly. By throwing up borders with the 27 countries remaining in the EU, Brexit could mean long, costly waits for trucks at customs posts. The prospect of U.K. import tariffs, volatile exchange rates and a potentially wounded British economy also is setting off alarms among farmers, workers and officials on the Mediterranean coast.
Read moreTrade Deficit Exploded in October on Record Imports
The nation’s trade deficit with foreign countries rose to its highest level in a decade in October, driven by record imports, the Commerce Department said Thursday.
Read moreWTO Cuts Trade Growth Forecast Amid US Tariff Disputes
The World Trade Organization lowered Thursday its global trade growth forecasts, citing increased trade tensions between large economies and heightened uncertainty.
Read moreMore US Corporate Giants Warn Tariffs Will Mean Price Hikes
From Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump’s tariffs on U.S. imports are raising their costs and prices.
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