Tariff Whiplash is Already Taking a Toll on Retail

Welcome to the era of trade chaos for retail. Beginning in May, retailers lived with the official reality that a huge swatch of Chinese goods — known as “tranche four” which covers pretty much everything that hasn’t already gone through tariff increases — would get a 25% tariff. Retailers and analysts from nearly every sector[…]

Ford Sees Profit Return in China by Building Models Locally

Ford Motor Co. will help turn around its money-losing Chinese operations “a lot” once it begins building Lincoln models there later this year and the Ford Explorer sport-utility vehicle next year, the company’s chief financial officer said Wednesday. Material costs are lower in China, labor is lower in China, Ford can be closer to the[…]

Trump’s Tariff Crusade Hardly Matters for U.S. Automakers in China

Talks that President Trump’s tougher approach to China has U.S. auto workers hoping it will help create jobs at home and cut the trade deficit by $100 billion. Unfortunately, this may not be the case. It is very likely that cutting the tariff will have no measurable impact on the U.S. trade deficit. It still[…]

Trade Dispute with China Threatens US Container Exports

A day after President Trump ordered tariffs on $50 billion of Chinese imports, China clapped back by imposing $3 billion per year of tariffs on U.S. pork, aluminum, steel pipes, fruit, and wine. The commodities that China threatened retaliatory tariffs on made up 3.1% of the 2.8 million TEUs in total U.S. containerized exports to[…]