Biden calls for end to normal Russia trade relations, ban on seafood, vodka, diamond imports
President Biden on Friday called for an end to normal trade relations with Russia and said the U.S. is banning import of Russian seafood, vodka and diamonds.
Lawmakers call for 100-year-old law that makes US gas shipping more expensive to be waived
After Biden banned Russian oil imports this week amid Putin's invasion of Ukraine, lawmakers are calling for the president to waive the Jones Act, a century-old law that critics deride as protectionist because it requires all oil and cargo shipped between U.S. ports to be on American built vessels with an American crew.
Biden administration announces funding to strengthen port infrastructure and supply chains
Aid is on the way from the White House to help the U.S. economy's struggle with overwhelmed ports and supply chain issues.
Commerce secretary's husband exercises stock options in tech company linked to Chinese government
Husband to Commerce Secretary Gina Raimondo has deepened his financial investment in the artificial intelligence company PathAI – a business that has raised eyebrows as it is backed by a company with deep ties to the Chinese Communist Party (CCP).
Democrats’ China competition bill hurts American small businesses, Luetkemeyer warns
Luetkemeyer less than impressed by Pelosi's COMPETES bill
Skilled labor workforce sees severe nationwide shortage
There are millions of job openings available for skilled workers. But filling them all remains a problem.
Microsoft-Activision deal to be reviewed by Federal Trade Commission
Microsoft Corp.’s proposed acquisition of Activision Blizzard Inc. will be reviewed in the U.S. by the Federal Trade Commission, placing the fate of the roughly $75 billion deal in the hands of an agency whose leader has questioned acquisitions by powerful technology companies.
Truckers fret over pending COVID-19 vaccine rules at US-Canada border
Trucking companies and manufacturers say new Covid-19 vaccine mandates set to take effect at the U.S.-Canada border could upend an already fragile logistics network.
Kudlow: I have a problem with Nancy Pelosi trading companies that have serious regulatory issues pending
Larry Kudlow examines House Speaker Nancy Pelosi's history of defending stock trading in Washington.
Commerce Dept blacklists 37 entities over ties to China, Iran military modernization
The Commerce Department’s Bureau of Industry and Security (BIS) took action Thursday to counter efforts by 37 entities to bolster the modernization of China and Iran’s military capabilities.
Blackburn urges Commerce Department to add more Chinese companies to 'entity list,' restrict trade
Tennessee Republican Sen. Marsha Blackburn called on the Department of Commerce Wednesday to blacklist five Chinese companies suspected of aiding the Chinese Communist Party in its suppression of the Uyghur minority group.
Senators push bipartisan bill to bolster domestic semiconductor production as shortages loom
A bipartisan group of senators introduced legislation Friday that would incentivize U.S. suppliers and manufacturers to boost domestic semiconductor production.
US trade deficit shrinks in October as exports rebound
The U.S. trade deficit narrowed sharply in October, falling from a record high as exports surged, government data showed on Tuesday.
US and Japan form partnership on trade day after Biden meeting with Xi
The U.S. and Japan on Wednesday announced a trade agreement aimed at deepening "the cooperation" between the two countries just a day after President Biden held a video conference with Chinese President Xi Jinping.
Sen. Cotton, colleagues call on Secretary Raimondo to blacklist companies providing AI technology to China
A group of Republican senators, including Tom Cotton of Arkansas and Marco Rubio of Florida, called on Commerce Secretary Gina Raimondo Tuesday to blacklist companies that are providing artificial intelligence technology to the Chinese military.
Biden presses China to fulfill Trump Phase 1 deal
President Biden pressed Chinese President Xi Jinping to fulfill his predecessor’s phase one trade deal, during a virtual meeting between the two leaders on Monday evening, senior officials said.
US needs to decouple from China now: Peter Navarro
Former President Donald Trump’s trade adviser says the U.S. needs to completely decouple from China to make it pay for COVID-19.
US trade deficit jumps to fresh record in September as exports plunge
The U.S. trade deficit hit a fresh record of $80.9 billion in September, driven by a surge in imported goods that far outpaced exports, government data showed on Thursday.
Christmas 2021: Experts anticipate most expensive in decades as inflation, supply chain crisis lingers
As the nation heads into the Christmas season, fears are mounting that massive inflation and ongoing supply chain issues will make this holiday one of the most expensive in memory.
Harley-Davidson stock soars as US, EU reach deal on steel and aluminum tariffs
Harley-Davidson Inc. shares rallied sharply Monday after the U.S. and European Union settled a dispute over steel and aluminum tariffs.