trade war

U.S. farmers have suffered a one-two punch of bad weather, which makes it hard to grow crops, and tariffs, which make it hard to sell what they grow.

How Hard Are Tariffs Hitting The Economy? It Depends On Who You Ask

12:21pm December 06, 2019

by Scott Horsley

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.

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President Trump's remarks sent the stock market tumbling on Tuesday morning, as investors grappled to recalibrate to the suggestion that a trade deal with China could be a year away.

Stocks Slide As Trump Says China Trade Deal Might Wait Until After 2020 Election

3:54pm December 03, 2019

by Vanessa Romo

"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."

The U.S. government is letting American businesses work with Chinese tech giant Huawei for three more months, in a third delay to a ban enacted in May for national security reasons.

U.S. Firms Get 90-Day Extension To Work With Huawei On Rural Networks

2:30pm November 18, 2019

by Shannon Bond

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.

In a speech at the Economic Club of New York on Tuesday, President Trump said a mini trade agreement with China could happen "soon," but he offered no guarantees.

Trump Makes No Promises On China Trade Deal

8:09pm November 12, 2019

by Scott Horsley

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.

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Fed Cuts Rates Again To Boost A Slowing Economy

5:03pm October 30, 2019

by Scott Horsley

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%.

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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.