The experience of a company in the textile business illustrates how the trade war could force some industries to shift production out of the United States.
Category: United States
-
Greenland Gets a Little Easier to Visit as United Starts Nonstop Flights
United Airlines has started a seasonal, nonstop flight from Newark to the capital of the Arctic island that President Trump wants to acquire.
-
Trump Says U.S. Ending Trade Talks With Canada
The president said he would cease negotiations and impose new tariffs because of Canada’s imminent, new digital services taxes.
-
China Confirms Trade Framework With U.S. to Lift Export Controls
The deal involves loosening exports of rare earths to the United States and the lifting of some restrictions on U.S. goods to China, China’s Ministry of Commerce said.
-
Trump’s Tariffs Have Unsettled Thailand’s Pet Food Exporters
After rapid growth, Thailand is the biggest overseas supplier of pet food in the United States. Volatility in policy has some importers looking elsewhere.
-
Summer Gas Prices at 4-Year Low as Israel and Iran Agree to Cease-Fire
A fragile cease-fire in the Middle East and an oil supply chain without significant disruptions have helped keep gas prices stable.
-
Global Markets Dip as Traders Gauge Fallout From U.S. Strikes on Iran
Any disruption to traffic in the Strait of Hormuz would have significant economic effects, especially for Asian nations dependent on oil from the Middle East.
-
Oil Markets on Edge After American Bombing of Iran
Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil.
-
Hybrid Cars, Once Derided and Dismissed, Have Become Popular
Automakers and car buyers are taking a second, harder look at hybrids after leaving them behind for electric vehicles.