Trade War

LOUISVILLE, Ky. — American whiskey exports, battered by tariffs and the pandemic, started rebounding in 2021, but distillers have more ground to make up to fully recover, an industry group said. Exports of bourbon, Tennessee whiskey and rye whiskey reached $975 million in 2021, up 15 percent from the prior…

The US and China signed their long-awaited phase-one trade deal in January 2020, with China agreeing to buy an additional US$200 billion worth of goods and services But according to a report, China bought only 57 per cent of the US exports it had committed to purchase over the two…

On Thursday, as Russian troops advanced on Kyiv and Russian President Vladimir Putin threatened nuclear war, the White House declared war on China. Not a literal war with China, or even a trade war. And I don’t mean to denigrate President Joe Biden’s response to Russian escalation, which included appropriately…

Proposed fuel export tax triggers multiple responses in retaliation Have Washington Democrats in the legislature started a trade war? Their $16.8 billion transportation package includes raising taxes on Oregon, Idaho, and Alaska citizens via a tax on exported fuels. It is expected to raise $2 billion over 16 years. Washington…

PORTLAND, Maine (AP) — China has failed to live up to its promise to buy more Maine lobster under a deal that opened the door to an easing of a trade war under former President Donald Trump, Maine’s congressional leaders say. Maine’s lobster industry was hurt by retaliatory Chinese tariffs…

Published: 11:30pm, 9 Feb, 2022 Updated: 9:04am, 10 Feb, 2022 Read More

Chip startups raked in a record $19.4bn in funding last year in a boom market driven by semiconductor shortages and trade wars. In numbers shared with The Register, S&P Global Market Intelligence said the funding for chip startups grew by 8 per cent from 2020. It was a historic high…

News CapRoyale is a brand new strategy game where you will be tasked with winning the trade war. It will see you competing with real players in a common market, where you will have to open new stores and build factories to grow your business. You will have to sabotage…

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The Canadian government is threatening a trade war against the U.S. if President Biden’s mammoth social welfare and climate bill includes a lucrative tax credit for elective vehicles made by union workers in America. Chrystia Freeland, Canada’s deputy prime minister, sent a letter on Friday to Senate leaders threatening retaliatory…