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Trade

With auto tariffs on the horizon, a warning from U.S. carmakers

by Kai Ryssdal and Bennett Purser
Aug 21, 2018
"I am cautiously pessimistic" about trade in this economy, a member of the motor vehicle supplier industry says.
Ford Mustangs are assembled at a plant in Flat Rock, Michigan, in 2004.
Bill Pugliano/Getty Images
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Trade showdown

It’s opening day for public hearings on the next round of tariffs

by Marketplace Staff
Aug 20, 2018
Over 350 witnesses are slated to testify at the U.S. Trade Representative’s office on Trump’s proposal to tax another $200 billion worth of Chinese imports.
President Donald Trump, seated in the Oval Office on Jan. 23, prepares to sign Section 201 actions to impose tariffs as U.S. Trade Representative Robert Lighthizer looks on.
JIM WATSON/AFP/Getty Images
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U.S.-Japan trade talks open today in Washington

by Renata Sago
Aug 9, 2018
Japan trade talks are set to open today in Washington, D.C. for the first bilateral trade meeting since President Donald Trump pulled the U.S. out of the Trans-Pacific Partnership last year. It’s a high level meeting between Japanese Economic Minister Toshimitsu Motegi and U.S. Trade Representative Robert Lighthizer. Negotiating a free trade agreement and tariffs […]
Left, U.S. Trade Representative Robert Lighthizer and Japanese Economic Minister Toshimitsu Motegi are meeting today in Washington, D.C. on trade.
Chris Kleponis - Pool/Getty Images and ERIC PIERMONT/AFP/Getty Images
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Trade showdown

What its like to ship all the goods slapped with tariffs

by Kai Ryssdal and Bennett Purser
Aug 8, 2018
At the intersection of trade and tariffs ... the Mississippi River has seen it all.
A loaded barge is seen near the Mississippi River port of Memphis, Tennessee, on Aug. 15, 2012.
Robert MacPherson/AFP/GettyImages
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All tariff pain is local

by Tracey Samuelson
Aug 8, 2018
Another $16 billion of tariffs on imports from China will take effect in a couple weeks — Aug. 23 to be precise. That announcement came from office of the U.S. Trade Representative yesterday. Semiconductors and various plastics are on the list. The reaction from China was swift and predictable in this tit-for-tat thing we’ve got going […]
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U.S.-China trade tensions worry Christmas exporters

by Jennifer Pak
Aug 7, 2018
Most imported Christmas decorations in the U.S. are made in China and trade fears loom.
Suppliers say that the cost of making Christmas products has gone up — even without U.S.-China trade tensions. 
Jennifer Pak/Marketplace
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Numbers don't back up Trump on tariffs paying down debt

by Tracey Samuelson
Aug 6, 2018
President Donald Trump tweeted about the economy this weekend and made this claim: “Because of tariffs we will be able to start paying down large amounts of the $21 Trillion in debt.” He’s right about the size of the debt, but the power of tariffs to reduce it?  Click the audio player above to hear […]
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Trade showdown

Kudlow: “Don’t class warfare me” on trade

by Kai Ryssdal
Aug 3, 2018
In a wide-ranging interview, the president’s top economic adviser told Marketplace’s Kai Ryssdal that tariffs are not hurting economic growth.
Larry Kudlow, National Economic Council director, holds a news briefing at the White House in June.
Chip Somodevilla/Getty Images
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Trade showdown

Americans do want tariff relief

by Phoebe Unterman
Aug 3, 2018
Manufacturers and farmers we talked to are frustrated by the import taxes and the exemption process.
A worker is surrounded by sparks from molten steel flowing into casts at the TAMCO steel mini mill in Rancho Cucamonga, California, in 2002.
David McNew/Getty Images
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Decline of China’s currency lessens bite of U.S. tariffs

by Amy Scott
Aug 2, 2018
The trade story of the day is actually more of a currency story. As you know, the Trump administration has proposed another round of tariffs on some $200 billion worth of Chinese products — ranging from tobacco to dog food to plywood. Now, the president is threatening to more than double the size of that tariff […]
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