China promised Trump a better deal for America; it didn't actually deliver
In 2020, President Trump signed a deal with the Chinese government to improve trade relations. China, for the most part, has not followed through.
trade war
China Posts Record Month For Trade Thanks To Homebound, Bored Americans
China's trade surplus hit a record in November as exports to the U.S. soared by 46%. U.S. exports to China are also growing, but not as quickly.
What Bikes Tell Us About A Changing Global Economy
COVID-19 and tariffs are reconfiguring trade. And companies are reevaluating how and where their products get made.
Trump Signs 'Phase 1' China Trade Deal, But Most Tariffs Remain In Place
President Trump signed a trade deal with China on Wednesday. The agreement relaxes some U.S. tariffs on Chinese imports. In exchange, China is expected to buy more from the U.S.
Trump Backtracks On Brazil Steel Tariffs
President Trump has reversed himself and decided not to impose tariffs on steel and aluminum imported from Brazil. Financial markets were rattled when he abruptly announced a 25% tax on Dec. 2.
How Hard Are Tariffs Hitting The Economy? It Depends On Who You Ask
The U.S. economy is still growing, but trade tensions have taken a toll — especially on factories and farms. The trade war's impact on the overall economy is being debated.
Stocks Slide As Trump Says China Trade Deal Might Wait Until After 2020 Election
"A China trade deal is dependent on one thing — do I want to make it," the president said, adding, "In some ways, I like the idea of waiting until after the election for the China deal."
U.S. Firms Get 90-Day Extension To Work With Huawei On Rural Networks
The U.S. government is letting American businesses work with Chinese tech giant Huawei for an additional three months, in a third delay to a ban enacted in May for national security reasons.
Trump Makes No Promises On China Trade Deal
President Trump says a mini trade agreement with China could happen "soon," but he offered no guarantees. In a speech to the Economic Club of New York, Trump downplayed the cost of his trade war.
Fed Cuts Rates Again To Boost A Slowing Economy
The Federal Reserve cut interest rates by a quarter percentage point Wednesday, in an effort to support an economy that continues to tap the brakes. Economic growth in the third quarter was just 1.9%.