trade war

GDP numbers out Wednesday show the U.S. economy lost some steam in the third quarter. President Trump is banking on a strong economy as his ticket to a second term.

As Growth Slows To 1.9%, The Economy Is Falling Short Of Trump's Target

2:23pm October 30, 2019

by Scott Horsley

GDP numbers out Wednesday show the U.S. economy lost some steam in the third quarter. President Trump is banking on a strong economy as his ticket to a second term.

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A winemaker pours rosé at the Chateau Sainte Roseline in the southern France region of Provence. European producers of premium specialty agricultural products like French wine, face a U.S. tariff hike with duties on a range of European goods, including

Politics & Government

Where There's A Wine, There's A Way

8:29pm October 25, 2019

by Scott Horsley

A Florida company has found a way to sidestep the Trump administration's new, 25% tariffs on French wine. The company is importing bulk wine by the truckload tariff-free and bottling it in the U.S.

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Goldfish, like these showcased at Tokyo's Nihonbashi Art Aquarium, have been bred in China over centuries, into forms so varied and rare that one can be worth hundreds of dollars.

The Goldfish Tariff: Fancy Pet Fish Among The Stranger Casualties Of The Trade War

5:06am October 16, 2019

by Alina Selyukh

China is considered the motherland of aquarium goldfish, bred over centuries into rare forms. Now tariffs have some U.S. sellers of these goldfish in a tailspin.

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Visitors are tracked by face recognition technology from state-owned surveillance equipment manufacturer Hikvision at the Security China 2018 expo in Beijing. Hikvision is one of several firms that have been added to a U.S. trade blacklist.

World News

U.S. Blacklists Chinese Tech Firms Over Treatment Of Uighurs

9:05am October 08, 2019

by Scott Neuman

The Commerce Department added 28 Chinese security bureaus and tech firms to the Entity List, including Hikvision, a leading producer of video surveillance and face recognition technology.

A worker at a bog owned by Massachusetts-based Decas Cranberry Products, Inc., removes vines from a batch of just-harvested berries.

How The Trade War Crushed A Growing Chinese Market For U.S. Cranberries

7:00am October 06, 2019

by Adrian Ma

The U.S. has spent millions to get China to embrace the unknown fruit — and it did. Now, tariffs have driven China to buy its cranberries from other countries, leaving U.S. farmers in the lurch.

A worker assembles an industrial valve at Emerson Electric Co.'s factory in Marshalltown, Iowa. The manufacturing sector has seen a slowdown amid the ongoing trade war.

Hiring Steady As Employers Add 136,000 Jobs; Unemployment Dips To 3.5%

10:58pm October 04, 2019

by Scott Horsley

U.S. employers added 136,000 jobs in September — a sign of continued resilience in the labor market amid growing signals that the economy is losing steam. The jobless rate was the lowest since 1969.

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With a growing number of imports from China facing tariffs, some companies are trying to avoid those costs by falsely labeling Chinese products as manufactured elsewhere.

A Mysterious Pencil Factory Sharpens Focus On Tariff Scams

11:10pm September 25, 2019

by Scott Horsley

With more imports from China facing tariffs, some companies are trying to avoid the taxes by falsely labeling Chinese products as made elsewhere. One case traces to a dusty factory in the Philippines.

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President Trump signed a partial trade agreement along with Japanese Prime Minister Shinzo Abe in New York, where the two leaders are attending the United Nations General Assembly.

U.S. Farmers Get A Much-Needed Break Under Partial Trade Pact With Japan

4:53pm September 25, 2019

by Scott Horsley

President Trump signed a partial trade agreement with Japan that promises lower tariffs on U.S. farm exports. The deal does not address Trump's threat to impose a tariff on Japanese cars.

Manufacturing Shrinks For 1st Time In 3 Years On Trade Tensions

5:42pm September 03, 2019

by Scott Horsley

Manufacturing activity in the U.S. shrank last month for the first time in three years. Factories are especially sensitive to international forces, including the ongoing trade wars.

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Designer Isaac Mizrahi (left) embraces Robert D'Loren, CEO of Xcel Brands, which once manufactured 70% of its clothes in China. Today that's down to about 20%. The company now manufacturers in a variety of countries, including Indonesia, India and Sri Lan

China Falls Out Of Fashion For Some U.S. Brands

5:29am August 30, 2019

by Scott Horsley

As the trade war drags on, more manufacturers are looking to relocate from China to avoid Trump's tariffs. A firm that sells Isaac Mizrahi's clothing line has already shifted much of its production.

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