The U.S. and Chinese governments announced on Friday that they had reached a limited “phase 1” trade deal that calls for the United States to suspend tariffs on $160 million in Chinese goods that had […] Read More
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Negotiators from the United State and China continued to discuss a potential limited trade pact last week, but no breakthrough was made in negotiations. If the impasse is not broken, the United States likely will […] Read More
The U.S. goods and services trade deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September. October exports were $207.1 billion, $0.4 billion less than September exports, while imports were […] Read More
Top officials from the U.S. and Chinese governments continued negotiations on a limited trade deal last week. As Reuters reported U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin held a phone call […] Read More
Last week, FastmarketsAMM (subscription required) reported global crude steel production fell 2.8 percent from October 2018 to October 2019 to 151.49 million tons. Production fell in most major steel-producing countries, including Brazil (-19.4 percent), […] Read More