Trade Policy

WASHINGTON | Record imports push US trade gap to $55.5 billion in October

WASHINGTON — Record imports in October drove the U.S. trade deficit to the highest level in a decade. The Commerce Department said Thursday that the gap between the United States sells and what it buys from foreign countries hit $55.5 billion in October, the fifth straight increase and highest since October 2008. The politically sensitive … Continue reading WASHINGTON | Record imports push US trade gap to $55.5 billion in October

WASHINGTON | US economists optimistic about growth, worried about tariffs

WASHINGTON — The economy should grow at a healthy pace this year and next, though the Trump administration’s trade policy will likely act as a drag, a group of business economists said. Growth should reach 2.9 percent this year, according to a survey of 51 economists by the National Association for Business Economics, released Monday. … Continue reading WASHINGTON | US economists optimistic about growth, worried about tariffs

SPANGLE, Wash | Trump’s tariffs could sow trouble for GOP in farm districts

SPANGLE, Wash — In the aptly named Harvester Restaurant, wheat farmer Roy Dube makes clear he’s no fan of President Donald Trump’s trade policy. “We get him elected into office and he pulls us out of trade agreements,” Dube said last week as local farmers gathered to hear Democratic House candidate Lisa Brown. Dube says … Continue reading SPANGLE, Wash | Trump’s tariffs could sow trouble for GOP in farm districts

WASHINGTON  | On trade policy, Trump is turning GOP orthodoxy on its head

WASHINGTON  — President Donald Trump’s trade policies are turning long-established Republican orthodoxy on its head, marked by tariff fights and now $12 billion in farm aid that represents the type of government intervention GOP voters railed against a decade ago. President George W. Bush increased the number of countries partnering with the United States on … Continue reading WASHINGTON  | On trade policy, Trump is turning GOP orthodoxy on its head

WASHINGTON | The Latest: Ohio’s Kasich calls Trump ag plan ‘farm welfare’

WASHINGTON — The Latest on President Donald Trump’s trade policy (all times local): 10:30 a.m. Ohio’s Republican governor is blasting President Donald Trump’s tariffs and his plan to provide $12 billion in direct payments to farmers and ranchers hurt by foreign retaliation. Gov. John Kasich (KAY’-sik) says Trump’s imposition of tariffs on products from such … Continue reading WASHINGTON | The Latest: Ohio’s Kasich calls Trump ag plan ‘farm welfare’

Global stocks fall amid Trump trade policy concerns

TOKYO/February 24, 2017 (AP)(STL.News) — Global stocks fell Friday amid worries about the potential impact of U.S. trade policies and as investors became more cautious about the market’s recent rally. KEEPING SCORE: France’s CAC 40 slumped 1.4 percent to 4,822, while Germany’s DAX fell 1.5 percent to 11,770. Britain FTSE100 shed 0.7 percent to 7,218. … Continue reading Global stocks fall amid Trump trade policy concerns