On Sept. 25, the U.S. scored a significant trade win over China while strengthening our relations with many other industrialized countries and even the United Nations. The valuable lessons learned and successful negotiating practices augur optimism, even enthusiasm, that our broader trade discussions with China will succeed. At issue was...
Newsom Signs Pact to Boost Trade with Armenia
Trade opportunities between California and Armenia are getting a boost following the signing of an economic cooperation agreement by Gov. Gavin Newson and Armenia's foreign minister Tuesday in New York. The agreement establishes a Trade and Services Desk in Armenia to connect Californian and Armenian businesses and help facilitate various...
California Bans Fur Trapping for Recreation, Commerce
SACRAMENTO — California on Wednesday became the first state to ban commercial fur trapping, ending the practice nearly 200 years after animals like beavers and otters introduced the American West to international trade. Democratic Gov. Gavin Newsom said Wednesday he had signed a bill into law making it illegal to...
Markets Tumble on Growing Tariffs Rift Between US, China
WASHINGTON — President Donald Trump declared Friday that he had "hereby ordered" American companies "to immediately start looking" for alternatives to operating in China, hours after Beijing announced new trade sanctions on U.S. products. But as markets in the U.S., Asia and Europe tumbled, the White House offered no further...
Markets Tumble on Growing Tariffs Rift Between US, China
WASHINGTON — President Donald Trump declared Friday that he had "hereby ordered" American companies "to immediately start looking" for alternatives to operating in China, hours after Beijing announced new trade sanctions on U.S. products. But as markets in the U.S., Asia and Europe tumbled, the White House offered no further...
July US Jobs Report Shows Solid Gains Amid Trade Frictions
WASHINGTON — U.S. employers slowed their hiring in July but still added a solid 164,000 jobs to an economy that appears poised to extend its decade-long expansion. The unemployment rate remained at 3.7% for a second straight month, the government said Friday. Average hourly earnings rose 3.2% from a year...
Quinn: Anthem Protests 'Might Come up' With Cowboys' Jones
OXNARD — Dallas defensive end Robert Quinn says he chose his new team before an offseason trade from Miami because it felt like the right fit when he visited the Cowboys. There remains one issue unaddressed with owner Jerry Jones: protesting during the national anthem. Quinn raised his fist during...
China Imports From US Plunge 31% in June Amid Tariff War
BEIJING — China's trade with the United States plunged last month as a tariff war battered exporters on both sides of the Pacific Ocean. And there's no letup in sight: Tensions between the world's two biggest economies continue to simmer even though President Donald Trump and his Chinese counterpart, Xi...
More Bad News for Almond Growers: India Enacts 70% Tariff
India is on President Donald Trump's trade war hit list and that's bad news for California's almond growers. India has struck back against the United States by imposing tariffs on 28 products. Among them: almonds, apples, lentils, and walnuts. The 70% tariffs went into effect Sunday. They are retaliation for...
Trump Hitting Mexico with 5% Tariff in Response to Migrants
WASHINGTON — President Donald Trump says he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the U.S. border. The tariff is effective June 10. The president says the percentage...