by Sarah Min | May 16, 2018 | Economy, Featured, International Trade, Newest
Rex Bledsoe, 61, first heard about the U.S. tariffs on Chinese goods on a tour bus in Bogotá, Colombia. He was heading back to his hotel from a state-sponsored trade show for textiles, when another passenger shared the news to the suppliers and buyers on the bus....
by Sarah Min | May 12, 2018 | Economy, International Trade, Newest
After a near decade high in February, the U.S. trade deficit fell in March, but mostly because of a spike in service imports from the 2018 Winter Olympic Games. The trade gap narrowed to $49 billion in March, falling $8.8 billion from $57.7 billion in February....
by Sarah Min | Apr 1, 2018 | Economy, International Trade, Newest
The U.S. Census Bureau will release its international trade report this Friday, in a year where tariffs have dominated the public conversation. After a near-decade high in January, the trade gap is expected to narrow slightly in February. While imports continue to...
by Sarah Min | Mar 29, 2018 | International Trade, Jobs, Newest
When Caterpillar closed its construction machinery plant in Newberry County in 2016, it had hardly vacated the premises before Samsung rushed in to build its first North American production facility. “The timing couldn’t have been more excellent,” said Misty West,...
by Sarah Min | Mar 13, 2018 | Economy, International Trade, Newest
The U.S. trade deficit is the highest it has been in nearly 10 years, signaling strong consumer demand as imports continue to outpace exports. President Donald Trump brought the ever-widening trade deficit to the forefront of national discussion last week after...
