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American and Chinese officials agreed to forge ahead with implementing their landmark trade deal despite a bitter spat over China’s handling of the coronavirus pandemic. Officials from both nations agreed on a Thursday conference call that they were making “good progress” toward setting up the government infrastructure needed to make the phase-one agreement a success, …
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Senator Josh Hawley (R., Mo.) is introducing a bill to remove the United States from the World Trade Organization, saying that the intergovernmental group “enabled the rise of China” at the expense of American industry. “The coronavirus pandemic has exposed deep, long-standing flaws in our global economic system that demand reform. International organizations like the …
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The US trade deficit rose in March as the coronavirus outbreak battered America’s trade with the world. The Commerce Department reported Tuesday that the gap between what the US sells and what it buys abroad widened 11.6 percent in March, to $44.4 billion, from $39.8 billion in February. US exports fell 9.6 percent, to $187.7 …
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The Trump administration is “turbocharging” an initiative to remove the US from dependency on a China-based supply chain and weighing imposing new tariffs to punish the Communist Party in Beijing for its response to the coronavirus pandemic, according to a report on Monday. The economic damage and death toll from the COVID-19 outbreak has prompted …
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It is an underappreciated fact that women are hit particularly hard by the United States’ ever-increasing tariffs on imports and burgeoning trade war with China (and, possibly, other countries as well). Recently another set of tariffs on imports took effect, raising prices on hundreds of goods especially important to women, including foodstuffs and appliances. It …
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What’s behind Door No. 3 in the 2020 NFL Draft for the Jets? Maybe general manager Joe Douglas’ decision with pick No. 11 in the first round won’t be as simple as choosing between finishing a run on four top offensive tackles (Mekhi Becton, Tristan Wirfs, Jedrick Wills and Andrew Thomas) and starting a run …
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Supplements maker Balance of Nature is making phony claims that its products can ward off the coronavirus, a consumer watchdog claimed in federal complaints filed Tuesday. The Utah-based company — which touts its “Fruits and Veggies” supplements on radio programs hosted by comedian Joe Piscopo and political commentator Kevin McCullough among others — falsely claims …
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Shameless scammers will try to steal coronavirus stimulus checks, according to federal officials, who say common sense precautions can stop them in their tracks. Officials say con artists will try a wide range of schemes to bilk Americans out of the $1,200 payments the Trump administration has started delivering to help people shore up their …
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The coronavirus has created a weird divide among the Big Apple’s grocery stores — and the supermarkets that cater to the rich have been caught on the wrong side. Initial waves of citywide binge-shopping in mid-March spurred social media posts of wiped-out shelves and empty freezer bins at Whole Foods and Trader Joe’s. But since …
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Federal officials have sued to undo tobacco giant Altria’s $12.8 billion investment in Juul over concerns that the two companies illegally quashed competition in the e-cigarette industry. The Federal Trade Commission filed an administrative complaint Wednesday to unwind the Marlboro maker’s December 2018 purchase of a 35 percent stake in Juul. Rather than battle with …