Trade showdown

Caterpillar has lowered expectations for the year, blaming tariffs and China's economic slowdown.

A 25% tariff could make those Chinese fireworks a lot more expensive.

A new report says factory activity barely grew in June, fueling concern about the trade war’s impact on U.S. manufacturing.

Trans-shipping is a way to circumvent new tariffs on foreign goods.

The U.S. trade war with China has grabbed the most headlines, but the Trump administration’s relationship with another key economic partner, India, is also growing rockier.

"This is a really exciting time for the garlic capital of the world," says Ken Christopher of Christopher Ranch in Gilroy, California.

As the list of proposed tariffs grows, so do the number of people wishing to testify, says Lisa Trofe, one of 300 witnesses at public hearings this week.

India hit the U.S. with some retaliatory tariffs of its own, a response to U.S. steel and aluminium penalties levied on many countries.

The industry hoped things would pick up this year. The industry was wrong.

The economy feels it when we don't know what's going to happen with tariffs and trade negotiations.