Budget Cuts Hurt Trade Policy, Official Says
WASHINGTON (AP) — The administration's top trade official says budget cuts are making it more difficult to negotiate new trade deals and enforce existing ones.
Demetrios Marantis, the acting U.S. Trade Representative, told the Senate Finance Committee that automatic cuts that went into effect at the …
Trade Official Urges Action On China, Russia Ties
WASHINGTON (AP) — Congress is showing its unhappiness with a federal court ruling that restricted the government's ability to impose higher trade penalties on China when it subsidizes exports to the United States.
There's a new proposal to restore the Commerce Department's power …
U.S. Trade Deficit Widens
WASHINGTON (AP) — The U.S. trade deficit widened in December after exports rose at half the pace of imports.
Still, exports to Europe rose at a healthy clip, a sign that the critical U.S. trading partner is buying American goods despite its weakened economy...