Trade

Cargo cranes take containers off a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash., Nov. 4, 2019.
US Trade Deficit Rises 1.7% to $63.1B in October
So far this year, the overall gap in trade is up 9.5%.
Featured
President-elect Joe Biden at an event to introduce nominees and appointees to economic policy posts, The Queen theater, Wilmington, Del., Dec. 1, 2020.
Biden Says He Won't Immediately Lift China Tariffs
The president-elect says he wants to maximize his leverage in future talks with the U.S.'s geopolitical rival.
Dec 2nd, 2020
Travelers sit at a boarding gate at Shanghai Hongqiao International Airport in Shanghai, Nov. 6, 2020.
China's Exports Accelerate, Boosted by US Demand
China’s exporters benefited from a relatively early reopening and demand for masks and other medical supplies.
Nov 10th, 2020
Top Headlines
The advertising label of the Organization of the Petroleum Exporting Countries, OPEC.
OPEC, Russia to Nudge up Oil Output After Hit from Pandemic
Dec 4th, 2020
Tugboats work to free the freighter Harvest Spirit that turned sideways and grounded in the Livingstone Channel of the Detroit River.
Freighter Stuck in Detroit River Slows Great Lakes Shipping
Dec 4th, 2020
A Ryanair plane parks at the airport in Weeze, Germany.
Boeing Gets a Boost from Ryanair Order for 75 More Max Jets
Dec 4th, 2020
A guard tower and barbed wire fences are seen around a facility in the Kunshan Industrial Park in Artux in western China's Xinjiang region.
US to Block Goods from Chinese Company Over Rights Abuses
Dec 3rd, 2020
Latest
European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier.
Brexit Trade Deal Hangs in Balance
The government told UK businesses to be ready for big changes — but firms say they still don't know what those changes will be.
Dec 1st, 2020
Workers place batteries on a machine at a factory manufacturing lithium batteries.
China's Manufacturing Accelerates in November
Business conditions have largely returned to normal since the ruling Communist Party declared the outbreak under control.
Nov 30th, 2020
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Five Key Factors in Planning for a Post-COVID 'Normal'
It’s important to reflect and remember that difficult circumstances can trigger meaningful change.
Nov 25th, 2020
A worker wearing a mask handles meat products including beef from New Zealand packaged with a QR-code linked to its COVID test results at a supermarket in Beijing, Tuesday, Nov. 24, 2020.
China Stepping up Virus Testing on Imported Food Packaging
Packaging is “not exempt" from carrying the virus.
Nov 25th, 2020
A worker inspects disposable gloves at the Top Glove factory in Shah Alam on the outskirts of Kuala Lumpur, Malaysia.
Virus Outbreak Delays Production at World's Top Glove Maker
More than 2,000 workers at its factories were infected by the coronavirus.
Nov 24th, 2020
In this file photo dated Thursday, Nov. 12, 2020, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier, centre, leaves the Conference Centre in London with unidentified members of his team. The Brexit trade negotiations have been suspended Thursday Nov. 19, 2020, at a crucial stage because an EU negotiator has tested positive for the coronavirus and EU chief negotiator Michel Barnier said that “we have decided to suspend the negotiations at our level for a short period.”
EU, UK Still Have 'Fundamental' Differences on Trade Talks
Both sides hope to get a trade deal in time to protect hundreds of thousands of jobs that could be affected.
Nov 23rd, 2020
Monitors show Chinese President Xi Jinping via virtual meeting during the APEC CEO Dialogues 2020, Kuala Lumpur, Nov. 19, 2020.
Xi Says China Won't Separate from US, Europe Despite Tension
The spat has prompted fears that world markets might split into smaller segments with incompatible industry standards.
Nov 19th, 2020
Raytheon's corporate office in Northern Virginia.
Ex-Engineer Gets Prison for Exporting Military Tech
He spent 10 years as an electrical engineer with Raytheon Missiles and Defense.
Nov 18th, 2020
Vietnamese Prime Minister Nguyen Xuan Phuc, left, and Minister of Trade Tran Tuan Anh applaud next to a screen showing Chinese Premier Li Keqiang and Minister of Commerce Zhong Shan holding up the signed RCEP agreement, Hanoi, Nov. 15, 2020.
China, 14 Others Sign World's Biggest Trade Pact
The Regional Comprehensive Economic Partnership encompasses nearly a third of all economic activity.
Nov 16th, 2020
Traffic passes the Boeing airplane production plant, in Everett, Wash.
EU Puts Tariffs on US but Hopes for Change with Biden
The $4 billion in new tariffs were imposed over illegal aid to Boeing.
Nov 9th, 2020
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Xi Promises Chinese Development Plans Won't Hurt Trade
The president said China will become “the world’s market.”
Nov 4th, 2020
In this Nov. 4, 2019 file photo, John Deere tractors made by Deere & Company are shown as they are readied for export to Asia at the Port of Tacoma in Tacoma, Wash. The U.S. trade deficit fell in September 2020 after hitting a 14-year high in August as exports outpaced imports. The Commerce Department reported, Wednesday, Nov. 4, 2020, the gap between what the U.S. sells and what it buys abroad fell to 63.9 billion in September, a decline of 4.7% from a $67 billion deficit in August.
US Trade Deficit Falls to $63.9B in September
Year-to-date, the goods and services deficit has jumped $38.5 billion, or 8.6%.
Nov 4th, 2020