Bessent Says Trump’s Trade Push Could Wrap by Labor Day
The Port of Keelung in Taiwan. (Billy H.C. Kwok/Bloomberg News) Treasury Secretary Scott Bessent said the Trump administration’s agenda for trade agreements could get wrapped up by the Labor Day holiday, indicating some negotiations are likely to extend past the upcoming July deadline for elevated reciprocal tariffs. “We have countries ...more
Firefighters battled a trucking company fire for about six hours in Illinois earlier this week. The incident occurred just after ...more
A man was arrested on a charge of terroristic threats after pointing a handgun at a trucker as they drove. ...more
EU Firms Up Trade Strategy Ahead of Trump’s Tariff Deadline
Ursula von der Leyen, president of the European Commission. (Simon Wohlfahrt/Bloomberg) European Union leaders are set to debate their strategy ...more
Global Goods Trade Accelerates as Tariff Fears Speed Imports
Shipping containers on a storage lot at the Port of Brisbane in Brisbane, Australia. (Carla Gottgens/Bloomberg News) Global merchandise trade ...more
Merchandise-Trade Deficit Widens on Exports Drop
(Nathan Howard/Bloomberg) The U.S. merchandise-trade deficit unexpectedly widened in May on the biggest drop in exports since the onset of ...more
US Ethanol Set to Wipe Out UK Production
(Randy Holt/Associated Press) Associated British Food Plc’s Vivergo ethanol plant, one of only two major sites in the nation, has ...more