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"How We Survive": Kai Ryssdal visits the frontlines where national security meets climate change. Listen Now
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Trade

Why Trump didn't shrink the trade deficit in 2018

by Tracey Samuelson
Mar 7, 2019
Americans imported a record number of goods last year, according to new data from the Commerce Department released Wednesday. U.S. service exports also hit a record high. The net effect was the largest trade deficit since 2008 — $621 billion, up nearly 13 percent from the prior year. However, many economists say the U.S. trade deficit […]
President Donald Trump's administration is said to be considering changes to the way the trade deficit is calculated.
Ron Sachs-Pool/Getty Images
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EU and U.S. officials meet to talk trade

by Stephen Beard
Mar 5, 2019
The trade talks will be held in Washington on Wednesday. Last year, a dispute between the two parties erupted over cars  — the Trump administration demanded that the Europeans cut their 10 percent import tariff on American vehicles. In July, a trans-Atlantic truce was reached. But the dispute has since widened beyond cars, and that […]
Flags of the European Union member states hang inside the Council of the European Union's Lex building in Brussels.
Dan Kitwood/Getty Images
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USMCA faces an uncertain path through Congress

by Tracey Samuelson
Mar 5, 2019
The politics of trade deals are increasingly complex.
President Donald Trump speaks during a press conference to discuss a revised U.S. trade agreement with Mexico and Canada in the Rose Garden of the White House on October 1, 2018 in Washington, DC.
Chip Somodevilla/Getty Images
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Trump delays increase in tariffs on Chinese goods

by Sabri Ben-Achour
Feb 25, 2019
The president cites "substantial progress" in weekend talks.
U.S. President Donald Trump meets with China's Vice Premier Liu He in the Oval Office of the White House on Feb. 22.
MANDEL NGAN/AFP/Getty Images
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Trade showdown

This U.S.-China deadline looms before the trade war deepens

by Ben Bradford
Feb 11, 2019
U.S.-China negotiators have less than three weeks to come to a deal before the trade war deepens. Tariffs on Chinese imports are set to rise from 10 percent to 25 percent after March 1. An official delegation begins meeting Monday in Beijing, joined by top Trump administration officials — Treasury Secretary Steven Mnuchin and U.S. […]
Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, California on February 16, 2019.
MARK RALSTON/AFP/Getty Images
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Trade showdown

One member of Congress is still taking on tariffs

by Kai Ryssdal , Sean McHenry and Bennett Purser
Feb 4, 2019
"We're trying to make sure that we don't lose jobs and that we treat our American companies fairly," Rep. Jackie Walorski says.
U.S. Rep. Jackie Walorski (R-Ind.) visits a manufacturing facility in Wabash, Indiana.
Courtesy of the office of Jackie Walorski
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U.S. beef exporters worry about losing competitiveness in Japan

by Tracey Samuelson
Feb 1, 2019
The U.S. is beginning trade talks with Japan, but it's lagging behind European and Asian Pacific countries that already have new trade deals in place.
Koichi Kamoshida/Getty Images
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What if U.S.-China trade talks fail?

by Scott Tong
Jan 30, 2019
Chinese and American trade negotiators meet in Washington Wednesday and Thursday to achieve an amicable end to the two countries’ current trade tensions. It won’t be easy. Sure, the United States might lower tariffs in exchange for China taking more of U.S. fossil fuels and soybeans. But the talks could still fail. The Trump administration […]
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As tariffs increase prices, are consumers noticing?

by Tracey Samuelson
Jan 15, 2019
Last year, the Trump administration imposed new tariffs on roughly $280 billion worth of U.S. imports — everything from solar panels and washing machines, steel and aluminum, and about half of what we import from China. In response, Ford, Coca-Cola, Walmart and other large companies have warned about the impact of tariffs on their bottom […]
Cars are prepared for distribution at a Ford factory in Dagenham, England.
Carl Court/Getty Images
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Government shutdown 2019

Caught in the trade war, navigating the shutdown

by Kai Ryssdal and Bennett Purser
Jan 14, 2019
In June of last year, the Trump administration imposed the Section 232 tariffs, 10 percent on imported aluminum and 25 percent on imported steel. Many small businesses applied for exclusions, hoping to avoid the costly tariffs. It’s been a slow process for many applicants, made slower by the government shutdown. Todd Adams is president of […]
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