Senate passage of USMCA faces delay, even with committee passage
A full Senate vote on President Donald Trump’s rewritten Nafta trade agreement will be put off until next week at the earliest, after the deal…
US international trade in goods and services, November 2019
The U.S. monthly international trade deficit decreased in November 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau.
Here’s how the European Union runs a trade surplus with…itself
The European Union has a growing trade surplus with itself, a statistical discrepancy that may indicate value-added tax fraud of more than 60 billion euros…
US trade gap shrinks to smallest since 2016 on export gain
The U.S. trade gap narrowed in November to the smallest in three years as exports advanced amid a thaw in the trade war with China,…
South Africa car exports accelerate to record high in 2019
South African vehicle exports reached a record high in 2019, partially offsetting a decline in domestic vehicle sales.
France says Davos deadline set to calm trade tensions with US
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GM warns China sales will remain weak this year
General Motors Co. warned pressure on its China business to persist this year as the world’s biggest auto market suffers a prolonged slump, exacerbated by…
Johnson faces pressure from business over post-Brexit trade deal
After feeling ignored over Brexit for the last four years, British business is hoping for a change of fortune in 2020.
Trump’s blacklisting of Huawei is failing to halt its growth
In the days after the U.S. government said it would bar Huawei Technologies Co. from buying vital American components, the Chinese company’s founder, Ren Zhengfei,…
US pays bulk of tariff costs as levies fail to save steel jobs
American companies and consumers are paying almost the full cost of U.S. tariffs, and the impact of those duties on import volume magnifies over time,…
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