US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports
The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping
The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping
China’s trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is
A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base in the
European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of
Small-value packages shipped to the US from China will no longer be exempted from tariffs starting Friday, when President Donald Trump’s move against an
U.S. Senators from California, Washington, and Oregon joined West Coast port leaders today in an urgent warning about severe economic consequences stemming
China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut back on exports to the
By Mark Niquette (Bloomberg) — The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get
The Port of Los Angeles is projecting a significant decline in cargo volumes, with inbound shipments expected to drop 35% next week compared to last year as
Maersk MAERSKb.CO said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsizing some vessels, despite the uncertainty
The International Longshore and Warehouse Union (ILWU) has issued a forceful statement opposing recently implemented tariffs between the United States and
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit
A senior South Korean government official ruled out on Monday that Seoul would agree to a trade package with Washington by the time the country holds
Some China-based firms hit hard by US tariffs are reaching out to Indian exporters to fill orders on their behalf and help them retain their American customers
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to plague the transpacific market and demand
Apple AAPL.O plans to shift the assembly of all iPhones sold in the U.S. to India as early as next year, pivoting away from China to avoid steep tariffs, the
For an increasing number of Chinese exporters, many of whom battled through the trade war in President Donald Trump’s first term and who have invested years
Container shipping between China and the United States faces unprecedented disruption following the implementation of new Trump administration tariffs on U.S.
Chinese cranes that load and unload containers from ships are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even
President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign
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