Factories and Manufacturing
- Trump’s Tariffs Shrank the U.S. Trade Deficit in September - U.S. imports and exports ticked up from lows the previous month when the president’s global tariffs went into effect, while the trade deficit continued to fall.
- Mexico Approves 50% Tariffs on Many Chinese Imports - The tariffs will apply to goods from China and other nations. Washington has been pressuring Mexico to move away from dealing with China.
- Trump Insists Tariffs Will Buoy the Economy and Ease Cost Concerns - The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.
- China’s Trade Surplus Climbs Past $1 Trillion for First Time - President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.
- Have Trump’s Tariffs Gone as High as They Can Go? Business Hope So - A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.