Trade War

Economy

Trump sanctions on Iran decimated regime's global trade: report

Trump administration sanctions on Iran decimated the hardline regime's trade with the world's largest economies, knocking it from $46 billion in 2019 to $28 billion in 2020, according to a non-public report sent by the Biden administration to Congress earlier this month.

Politics

Business groups call on Biden to restart trade talks with China

Nearly three dozen of the nation’s most influential business groups — representing retailers, chip makers, farmers and others — are calling on the Biden administration to restart negotiations with China and cut tariffs on imports, saying they are a drag on the U.S. economy.