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Here's why consumer confidence dipped in December

Dec 23, 2024
Confidence was expected to continue to rise. Consumers cite inflation, politics and tariffs as factors they see influencing the economy.
Inflation beat out politics on the list of economic influencers in The Conference Board's December survey. Tariffs are one thing consumers are newly worried about.
Mario Tama/Getty Images

Chinese importers of American goods brace themselves for further tariffs

Dec 19, 2024
President-elect Donald Trump says he will place an extra 10% tariff on all Chinese exports. China is expected to counter with tariffs on U.S. exports.
Last month, President-elect Donald Trump said he would impose an additional 10% tariff on all Chinese exports.
Anna Moneymaker/Getty Images

China’s consumption is ticking up, but can it be sustained?

Nov 29, 2024
Retail sales growth was the highest in eight months in October, but the property slump continues.
Shoppers line up for local food specialties in central China's Changsha city. The food business has been struggling, but cosmetics, sports and recreational products sold well in October.
Charles Zhang/Marketplace

How will the USMCA trade deal impact China?

Oct 4, 2018
Some firms are adding production lines in other Asian countries.
Employees work on an SUV production line at the Beijing Automotive Group Co. in Beijing in August.
Nicolas Asfouri/AFP/Getty Images
Customs brokers work with U.S. ports to help importers get their shipments.
Mario Tama/Getty Images

Tariff pain: Will the U.S. or China hurt the most?

Aug 27, 2018
Chinese state-run media commentaries suggest that people in China can weather the trade tariffs for the sake of national pride.
Li Dapeng says her consumption of American brands and imported products is modest compared to her four-year-old son.
Jennifer Pak/Marketplace

"These folks are caught in a trap" by tariffs, U.S. representative says

Aug 2, 2018
Jackie Walorski from Indiana's 2nd District led an analysis of the tariff exemption process.
Rep. Jackie Walorski, a Republican from Indiana, says she's had many conversations with Commerce Secretary Wilbur Ross, “and they've been eyeball to eyeball.”
Alex Wong/Getty Images

For public good, not for profit.

Tariff exemption granted but confusion continues

Jul 27, 2018
There’s a lot of tariff talk swirling around these days, but let’s remember what began this trade war: President Donald Trump’s steel and aluminum tariffs. Since those tariffs were announced in March, companies have filed more than 28,000 requests for exemptions from the Department of Commerce. As of this week, only 1,000 applications have been […]

Trump's trade announcements barely ease treacherous path farmers face

Jul 26, 2018
Plans to negotiate with the European Union and aid plan fall short for farmers.
Soybeans loading onto a truck on their way to a grain elevator in Dwight, Illinois. U.S. soybean futures plunged when China announced retaliatory tariffs on them in June.
Scott Olson/Getty Images

Retaliatory Mexico tariff could leave apples rotting on trees

Jun 6, 2018
The 20 percent tariff on U.S. apple exports will have huge effects on Washington's apple industry.
Red Delicious apples hang from the branches at Walters' Fruit Ranch on September 18, 2006 in Green Bluff, Washington. Mexico is the top export market for Washington apples, which make up 90 percent of nation's apple exports.
Jeff T. Green/Getty Images