Latest Visible trade News

Indiana manufacturers feel sting of US-China trade war

Sep. 21, 2019 12:36 PM EDT

INDIANAPOLIS (AP) — The tit-for-tat economic dispute between the U.S. and China is hurting manufacturers in Indiana, the nation's top manufacturing state. The trade quarrel between the world's two largest economies began in July 2018 when the U.S. imposed a tariff on certain Chinese imports. Since then,...

South Korea downgrades Japan trade status as dispute deepens

Sep. 17, 2019 11:46 PM EDT

SEOUL, South Korea (AP) — South Korea on Wednesday dropped Japan from a list of countries receiving fast-track approvals in trade, a reaction to Tokyo's decision to downgrade Seoul's trade status amid a tense diplomatic dispute. South Korea' trade ministry said Japan's removal from a 29-member "white list"...

Hong Kong activists appeal to US lawmakers to help movement

Sep. 17, 2019 4:19 PM EDT

WASHINGTON (AP) — Activists involved in the pro-democracy protests in Hong Kong appealed to U.S. lawmakers Tuesday to support their fight by banning the export of American police equipment that is used against demonstrators and by more closely monitoring Chinese efforts to undermine civil liberties in the...

Japanese officials cautious on prospects for US trade deal

Sep. 17, 2019 2:56 AM EDT

TOKYO (AP) — Officials in Japan appeared wary over the prospects for a trade deal with the U.S. after President Donald Trump said he was prepared to sign a pact soon. Japan's chief government spokesman, Yoshihide Suga, said Tuesday that the two sides are still finalizing details after reaching a basic...

Fans of NBA could feel impact of China trade wars

Sep. 16, 2019 1:29 PM EDT

NEW YORK (AP) — That LeBron James jersey could get a little more expensive. Companies that make clothing and shoes for the National Basketball Association players are in the crosshairs of President Donald Trump's escalating China trade wars. So, the question is, will American fans of sports stars like Los...

South Korea initiating WTO complaint over Japan trade curbs

Sep. 11, 2019 12:47 AM EDT

SEOUL, South Korea (AP) — South Korea said Wednesday it will initiate a complaint to the World Trade Organization over Japan's tightened export controls on key materials South Korean companies use to make computer chips and displays. South Korea, which has accused Tokyo of weaponizing trade to retaliate...

China's trade with US shrinks as tariff war worsens

Sep. 8, 2019 7:33 AM EDT

BEIJING (AP) — China's trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data showed...

Union Pacific railroad trims volume outlook for rest of 2019

Sep. 4, 2019 6:33 PM EDT

OMAHA, Neb. (AP) — Union Pacific expects to haul less freight in the second half of the year than it previously predicted, which isn't a good sign for the economy. The Omaha, Nebraska-based railroad said Wednesday that the volume of cars, construction materials, grain and imported goods it will haul in the...

Global stocks mixed after US and China increase tariffs

Sep. 2, 2019 11:53 AM EDT

FRANKFURT, Germany (AP) — European stock markets drifted higher Monday while Asia was mixed after the U.S. and China escalated their war over trade and technology with new tariff increases. U.S. markets were closed for the Labor Day holiday, draining some of the energy from global trading. Benchmarks in...

In escalating trade war, US consumers may see higher prices

Sep. 1, 2019 11:35 PM EDT

WASHINGTON (AP) — The United States and China on Sunday put in place their latest tariff increases on each other's goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season. President Donald Trump said U.S.-China...