trade

Trump names former Sen. David Perdue of Georgia to be ambassador to China

1:48am December 06, 2024

With his nomination, Trump is leaning on a former business executive-turned politician to serve as the administration's envoy to America's most potent economic and military adversary.

Labor dispute stops Canadian rail freight and could cause economic disruption in U.S.

4:52am August 22, 2024

Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, an impasse that may bring economic disruption in Canada and the U.S.

German Chancellor Olaf Scholz arrives at Berlin-Brandenburg Airport for his flight to China on Thursday.

World News

Why Western leaders are warily watching the German leader's trip to China

12:47pm November 03, 2022

by Esme Nicholson

As German Chancellor Olaf Scholz heads to China to meet with President Xi Jinping on Friday, he is under political pressure at home, and from Washington, to rethink Berlin's relationship with Beijing.

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Large numbers of workers from different sectors protest against inflation and in favor of higher wages in Buenos Aires, Argentina, on Aug. 17, where inflation has soared.

An economic perfect storm is battering emerging markets. Debt crises loom

4:23pm September 06, 2022

by Jason Beaubien

With a strengthening dollar and rising commodity prices, developing nations are having a hard time paying their debts.

U.S. and Chinese flags before the opening session of 2019 trade negotiations between U.S. and Chinese trade representatives in Beijing. China just passed a sweeping law designed to counter sanctions the U.S. and the European Union have imposed on Chinese

World News

China's New Anti-Foreign Sanctions Law Sends A Chill Through The Business Community

7:49pm June 11, 2021

by Emily Feng

It's not clear how often or how broadly Beijing will use the law. But by complying with U.S. sanctions on China, businesses could face tough sanctions in China as a penalty for doing so.

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Cargo containers are stacked on a ship at California's Port of Los Angeles. Consumer goods are arriving from China and elsewhere, but a lot is not getting to its destination.

Businesses Try To Navigate The World's Coronavirus Cargo Pileup

11:07am May 20, 2020

by Jackie Northam

There was a rush of commerce after China reopened. But then demand in the West for many goods dropped, with businesses closing and consumers staying home as the pandemic spread.

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Unemployed people wait outside the state Labor Bureau in New York City in 1933. The current economic crisis has drawn comparisons to the Great Depression, but experts say this downturn should be shorter.

'A Lot To Be Hopeful For': Crisis Seen As Historic, Not Another Great Depression

8:00am May 17, 2020

by Scott Horsley

The speed and scale of the economic crash have drawn comparisons to the Great Depression. But this downturn should be shorter, former Fed Chairman Ben Bernanke and other economic historians say.

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Kenichi Wiegardt is a fifth-generation oyster grower. He's worried he'll be the last in his family if the coronavirus doesn't get better and trade doesn't pick up again to China and other Pacific Rim countries. Exports there make up the majority of his fr

National

Some U.S. Farmers Boxed In By Coronavirus Outbreak

11:26am February 25, 2020

by Anna King

Fewer ships from China are docking in the U.S., which hurts U.S. farmers who send exports on the ships' return trips. And perishables that do make it sometimes rot on the docks in China.

Workers in green polo shirts and blue caps monitor machines making plastic products at the Dongguan Fangjie Printing and Packaging Company.

Has The Trade War Taken A Bite Out Of China's Economy? Yes — But It's Complicated

8:07pm October 10, 2019

China's economic growth has been slowing down for years. Tariffs have contributed to slower growth since early 2018, when the economic standoff began, but it's hard to pinpoint how much.

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Democratic presidential candidates Bernie Sanders and Elizabeth Warren say corporate America has put profits before workers by shifting jobs to other countries.

Trump Has Stolen Democrats' Playbook On Trade

5:58pm September 12, 2019

by Jim Zarroli

When it comes to trade, Trump and the Democrats sound a lot alike. "It's like Donald Trump has co-opted Democratic trade policy," one analyst says. So how do his opponents differentiate themselves?

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