Economics

Trump Suspends Mexico Tariff Threat

June 10, 2019 at 12:05 AM

On Friday night, President Donald Trump withdrew his widely opposed threat to impose a 5% tariff on all goods from Mexico that was to take effect today.

U.S. Jobs Growth Slows Sharply

June 07, 2019 at 12:13 PM

American businesses added only 75,000 jobs in May compared with an expected 175,000 positions, according to the U.S. Dept. of Labor.

Report: U.S. May Delay Tariffs on Mexican Goods

June 06, 2019 at 4:17 PM

The White House could delay President Donald Trump’s threat to impose tariffs on Mexican goods beginning Monday, sources tell Bloomberg News.

U.S. Denies GM Tariff Waiver on Buicks from China

June 05, 2019 at 3:10 AM

General Motors Co. has been denied an exemption from the Trump administration’s 25% import tariff on Buick Envision small crossover vehicles imported from China.

Republican Party Backlash Grows Over Trump’s Mexico Tariff

June 05, 2019 at 12:42 AM

Several Republican senators warned the White House yesterday that President Donald Trump can expect diminished support at best for his plan to launch a 5% import tax on Monday for goods from Mexico.

Trump Charges Ahead with Timetable for Mexico Tariff

June 04, 2019 at 1:25 PM

President Donald Trump reiterates his determination to levy a 5% import tariff on all goods from Mexico beginning June 10, regardless of negotiations to avoid the levy.

China Blames U.S. for Trade War Escalation

June 03, 2019 at 2:27 AM

China’s central government accuses the U.S. of violating trade agreements about tariffs, backtracking on its commitments and making “exorbitant” demands that have foiled a deal to end their trade war.

Mexico Vows to Avoid U.S. Trade War Over Migrants

June 03, 2019 at 12:20 AM

Mexico's president says his country is willing to avoid a trade war by tightening controls over migrants seeking asylum in the U.S.

Trump Imposes 5% Tariff on Mexican Imports

May 31, 2019 at 12:31 AM

President Donald Trump says the U.S. will begin levying a 5% duty on imported goods from Mexico, beginning June 10.

U.S. Trade Talks with EU Remain Stalled

May 30, 2019 at 12:38 PM

Little progress has been made in the 10 months since the U.S. and European Union agreed not to escalade their trade war over cars, industrial goods and regulations.

EU Rejects Trump Quota on Cars to U.S.

May 29, 2019 at 12:38 AM

European Union trade envoys say they won’t agree to tariffs on cars shipped to the U.S. as an alternative to stiff import duties threatened by the Trump administration.

Canada Starts Approval Process for New NAFTA Treaty

May 28, 2019 at 12:51 AM

Yesterday Canada began the formal process of ratifying the updated North American Free Trade Agreement signed last November.