US Steel closing Detroit steel mill, laying off 1,500 workers
US Steel is closing a mill near Detroit, laying off workers and cutting its dividend. The troubled company is trying to reverse operating losses it now forecasts for the fourth quarter.
tariffs and customs
The biggest risks for stocks in 2020
Optimism over a "phase one" trade deal between the United States and China is pushing stocks to record highs in the final days of the year. But Wall Street banks still believe trade is one of the biggest risks for markets in 2020.
Farmers skeptical of Trump's $50 billion China promise
President Donald Trump says the Chinese will buy $50 billion worth of farm products as part of a phase one deal struck last week, but that would mean China would have to double the amount it bought from US farmers before the trade war started.
Investors react to initial US-China trade deal
A "phase one" trade deal between the United States and China, announced Friday, has cleared the path for riskier assets to rally through the end of the year.
Details of interim US-China trade deal remain unknown
After a year-and-half of fraught negotiations that has slowed global growth and hurt American farmers and consumers, the United States and China have reached an interim trade deal bypassing an economic calamity -- for now.
China suspends tariffs on US-made goods amid new trade truce
China on Sunday called off additional tariffs set to kick in on some US goods as the two countries pull back from a trade war that has roiled financial markets and damaged global economies.
Stocks whipsawed following news of a US-China trade deal
Stocks ended Friday mostly flat after Chinese officials said that a phase one deal had been reached with the United States that would avert an escalation of the trade war and higher tariffs set to kick in on Sunday. President Trump confirmed the news in a series of tweets.
Trump signs off in principle on tentative China trade deal agreement
President Donald Trump has signed off on an initial trade agreement with China that would avoid imminent US tariffs and reduce the rates of existing duties in exchange for a Chinese promise to purchase American farm goods, US officials and others familiar with the agreement said.
iPhones, Switches and toys on table in US-China trade talks
President Donald Trump has threatened tariffs on about $160 billion of Chinese-made goods starting this weekend.
Asian stocks struggle for direction without more progress trade deal
Stocks in Asia struggled for direction Wednesday as investors received mixed signals ahead of another round of US tariffs on Chinese goods expected December 15.
Trade has put markets in a chokehold
The US stock market cared about only one thing this year: trade. So why were stocks so calm Tuesday following headlines about tariff delays and the signing of Nafta 2.0?
Farmers stick with Trump over trade
From the very start, President Donald Trump's trade war was painful for American soybean farmers.
China plans to lift tariffs on some US soybeans and pork products
China is planning to exempt some US soybeans and pork products from tariffs, a move that could take some heat out of talks aimed at agreeing on a truce in the trade war.
Trade deals remain elusive for Trump
President Donald Trump is approaching the end of another year without closing on either of the two big trade priorities he campaigned on in 2016 -- a comprehensive deal with China and a renegotiated North American Free Trade Agreement.
Former Treasury Secretary questions Trump tariffs
Former US Treasury Secretary Larry Summers says President Donald Trump's love affair with tariffs is backfiring. And he's not surprised at all.
Johnson sticks with UK digital tax plan despite tariff risk
President Donald Trump spent part of Tuesday blasting France for its digital tax plan because he said America should be the one to
Trump lining up new tariffs; what they mean for you
Unless President Donald Trump backs down, Americans will soon be paying new tariffs on Chinese-made iPhones and toys, as well as French champagne and cheeses.
Steel company sells for less than half its worth when Trump took office
Despite President Donald Trump's promise to revive the domestic steel industry through tariffs, AK Steel has decided its time to sell.
Dow falls 350 points after Trump warning on China
The Dow closed sharply in the red — marking its third day of losses — after President Donald Trump said a trade deal with China might not be accomplished until after the 2020 election.
Key events in Trump's China trade talks
After meeting for dinner in December 2018 on the sidelines of a major international summit in Argentina, President Donald Trump and Chinese leader Xi Jinping raised the prospect of an imminent deal to end their tit-for-tat trade war.
US proposes wave of tariffs after French tax on digital services
US trade officials proposed a wave of tariffs on French goods Monday as they released a report finding that a new French tax on digital services — affecting large American tech companies such as Facebook and Google — represents a barrier to trade.
With manufacturing slowing down, Trump ratchets up trade wars
President Donald Trump has escalated trade tensions across the globe by imposing tariffs on foreign steel, threatening tariffs on allies like the European Union and engaging in a tit-for-tat trade war with China that has hurt American farmers.
Trump to 'restore' steel, aluminum tariffs on Brazil, Argentina
President Donald Trump announced Monday that the US will "restore" steel and aluminum tariffs on Brazil and Argentina, citing a "massive devaluation of their currencies."
How a Maine lobsterman got over Trump's China trade war
Two years ago, Maine Coast Company was shipping about 2 million pounds of live lobster -- worth $12 million -- to China annually.
