Photo of truck passing China Shipping containers in Savannah, GA

Trade War Escalates as China Announces Tariffs on US Imports

BEIJING — The U.S.-China trade war escalated further Tuesday, with China announcing retaliatory tax increases on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals. "The downward spiral that we have previously warned about n...
Picture of packaged almonds at Fresno Food Expo

With Nut Harvest Coming, Valley Growers Weary of Trade War

With harvest season a few weeks away, nut growers in the Central Valley are already weary of new higher tariffs on some of their products, such as pistachios. And they worry that if the international market dries up, it could lead to a supply glut and falli...

Farmers Fret and Wait as US-China Trade War Escalates

MINNEAPOLIS — Many anxious American farmers are delaying purchases and investment while hoping for a truce in a U.S.-China trade war that has left their crops at a competitive disadvantage overseas. The longer the Trump administration's tariffs remain in pl...
Photo of a Chinese investor monitoring stock prices

Smart Money Is Pulling Out of Stock Market

Cash exited U.S. equity funds in June in the largest amount since the peak of the 2008 global financial crisis, according to Lipper data. Reuters reported July 5 the following: "U.S.-based stock mutual fu...
Photo of newstand with a magazine featuring Donald Trump on the cover

That 6% Growth Trump Predicted? It Won’t Happen This Year.

Think back to December. Two weeks before Congress passed the Republican tax-reform bill, President Donald Trump predicted that, with tax cuts in place, the American economy would grow by as much as 6%. It's clear now that Trump's data-defying boast won't...