Latest International trade News

Norfolk Southern CEO optimistic about 2025 after solid fourth quarter
Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they're getting from Washington D.C. — has the CEO feeling optimistic about 2025. The railroad, based in Atlanta, earned $733 million, or $3.23 per share,...

Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue. ...

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days
WASHINGTON (AP) — Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days. “I will divest, I will sell all of my interests, my business interests, all of...

General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also taking a proactive approach with the United States government on regulations and doling out generous...

What are tariffs and how do they work?
WASHINGTON (AP) — Tariffs are in the news at the moment. Here's what they are and what you need to know about them: Tariffs are a tax on imports Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are...

Just in time for Valentine's Day, trade dispute with Colombia threatens flower imports
WASHINGTON (AP) — President Donald Trump’s threat to impose a 25% tax on imports from Colombia comes at a most inauspicious time: The wrangling over the South American country's willingness to accept flights carrying deported immigrants is flaring up just three weeks before Valentine's Day, and...
