Trade
Trump to raise global tariffs to 15%
President Trump previously said he would implement 10% global tariffs after the U.S. Supreme Court struck down his tariff policies.
Pakistan-Afghanistan border closures paralyze trade along a key route
Trucks have been stuck at the closed border since October. Both countries are facing economic losses with no end in sight. The Taliban also banned all Pakistani pharmaceutical imports to Afghanistan.
India and the EU clinch the ‘mother of all deals’ in a historic trade agreement
India and the European Union have reached a free trade agreement, at a time when Washington targets them both with steep import tariffs, pushing major economies to seek alternate partnerships.
Canada agrees to cut tariff on Chinese EVs in return for lower tariffs on Canadian farm products
Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday.
Trump administration announcing $12 billion in one-time payments to farmers
Trump administration announcing $12 billion in one-time payments to farmers
Americans are crazy for shrimp. Much of it came from India — until now
India's shrimp exports to the U.S. were once a success story. Now the industry faces ruin amid President Trump's 50% tariff on imports from the country.
The U.S. is a major importer of Indian products made from Russian oil
The United States imports oil products from India's Reliance Industries refinery, which sources nearly half its oil from Russia.
South Korean President Lee to meet with Trump in Washington on Monday
At a summit meeting in Washington, D.C. on Monday, the U.S. and South Korean presidents will discuss modernizing their 71-year-old alliance and fleshing out a trade deal reached last month.
Canada removes some of its retaliatory tariffs on the U.S.
Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday.
Will I get refunds? Small businesses wonder as courts rule on Trump tariffs
Court rulings against President Trump's tariffs could spell relief for many American importers — if the decisions hold. For now, the uncertainty remains.
U.S. and China begin talks amid tensions over Trump’s tariff war
The meetings between top U.S. and Chinese officials in Geneva represent the first potential efforts to end a trade war that has frazzled financial markets.
Alabama, Business and Brexit
There’s a lot of unrest around politics in Washington right now, and it’s the same in the United Kingdom as the clock is ticking on a Brexit deal. Andrew Staunton in the UK’s representative in the American South and he visited Birmingham recently.
Companies Look to Apprenticeships to Help Fill Jobs
Companies hiring for more technical occupations at Birmingham-area factories and plants often struggle. Now more employers are building their own pipeline through apprenticeships.
WBHM Politics: Tariffs and China
China and the U.S. have locked horns over tariffs. Alabama companies and farmers are right in the middle.
Interview: Alabama’s Growing Trade Relationship With China
The Chinese ambassador to the United States, Cui Tiankai, is visiting Birmingham this week as part of the Birmingham International Center’s 2015 spotlight on China. The Birmingham International Center highlights […]
