international trade international trade

The United States, Canada and Mexico have been in lengthy talks over changes to the North American Free Trade Agreement since President Trump threatened to scrap the historic treaty. Paul J. Richards/AFP/Getty Images hide caption

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Paul J. Richards/AFP/Getty Images

Engineers track progress of construction at a Toyota plant in Kentucky in 1986. It was one of several factories built in the 1980s by Japanese automakers in the U.S. as a result of voluntary limits on Japanese auto exports. AP hide caption

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AP

Can A Reagan-Era Policy Offer An Alternative To Tariffs?

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Federal Reserve Board Chairman Jerome Powell faced questions before the Senate Banking Committee on Tuesday about the effects of President Trump's trade policies. Jose Luis Magana/AP hide caption

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Jose Luis Magana/AP

A Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, in eastern China's Shandong province, in July 2017. The United States is China's biggest single export market. STR/AFP/Getty Images hide caption

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STR/AFP/Getty Images

China Is Better Able To Withstand A Trade War Than In The Past

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An LG washing machine plant in Clarksville, Tenn., seen under construction in January, is expected to bring 600 jobs. David Lawder/Reuters hide caption

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David Lawder/Reuters

Trade War With China Heats Up, But Tariff Effects Are Already Rippling Across U.S.

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Air Force One waits after landing in Bagotville, Canada, in June. At the G-7 meeting there, President Trump threw traditional U.S. allies into disarray over his trade and security policies. Lars Hagberg/AFP/Getty Images hide caption

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Lars Hagberg/AFP/Getty Images

Stung By Trump At G-7, Allies Look For Better Outcome At NATO Summit

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Trucks pass by cargo containers April 6 in Seattle. President Trump is preparing to impose tariffs on an additional $34 billion in Chinese imports on Friday, a move that China has promised to match. Ted S. Warren/AP hide caption

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Ted S. Warren/AP

Trump Official Dismisses Warnings About Trade Tensions As 'Hiccups'

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Harley-Davidson motorcycle engines are assembled at the company's plant in Menomonee Falls, Wis. Tariffs from the European Union are prompting the company to shift production of some motorcycles for the European market overseas. Scott Olson/Getty Images hide caption

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Scott Olson/Getty Images

Trump Urges Harley-Davidson Not To Shift More Production Overseas

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President Trump delivers remarks before signing tariff proclamations on steel and aluminum imports at the White House on March 8. Treasury Secretary Steven Mnuchin (second from left), Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and White House National Trade Council Director Peter Navarro look on. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

On Trade, Trump Administration Likes to Leave Other Countries Guessing

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Steel coils sit on wagons leaving a factory in Duisburg, Germany on March 2. U.S. President Trump Monday decided to hold off on imposing most steel and aluminum tariffs until at least June 1. Martin Meissner/AP hide caption

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Martin Meissner/AP

Trump Administration Delays Most Tariffs On Steel, Aluminum

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President Trump and Japanese Prime Minister Shinzo Abe shake hands during a news conference at Trump's private Mar-a-Lago club on Wednesday in Palm Beach, Fla. Pablo Martinez Monsivais/AP hide caption

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Pablo Martinez Monsivais/AP

Trump Says He Will Walk Out If North Korea Meeting Not 'Fruitful'

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A Cadillac salesmen talks with a potential customer at a shopping mall in Beijing in 2011. This week, China announced moves that could pave the way for new sales for some foreign automakers. Mark Ralston/AFP/Getty Images hide caption

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Mark Ralston/AFP/Getty Images

3 Problems With Selling A Car In China

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President Trump and Japanese Prime Minister Shinzo Abe shake hands during their meeting at Trump's private Mar-a-Lago club in Palm Beach, Fla., on Tuesday. Pablo Martinez Monsivais/AP hide caption

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Pablo Martinez Monsivais/AP

Trade And Nukes On The Agenda As Trump Meets Japan's Prime Minister

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President Trump holds up a signed presidential memorandum aimed at what he calls Chinese economic aggression in the Roosevelt Room at the White House on March 22, 2018. Mark Wilson/Getty Images hide caption

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Mark Wilson/Getty Images

A container ship waits to be unloaded at the Port of Oakland in California. President Trump says the trade deficit that the U.S. runs with other nations must be slashed for the well-being of the country. Ben Margot/AP hide caption

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Ben Margot/AP

America Has A Large Trade Deficit, But Economists Aren't Too Concerned About It

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The floor of the New York Stock Exchange on Thursday. The Dow Jones industrial average tumbled after the Trump administration announced plans to impose tariffs on Chinese imports. Brendan McDermid/Reuters hide caption

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Brendan McDermid/Reuters

President Trump is announcing new tariffs against China on Thursday. Pool/Getty Images hide caption

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Pool/Getty Images

Trump Orders Stiff Tariffs On China, In Hopes Of Cutting Trade Gap By $50 Billion

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Surrounded by steel and aluminum workers, President Trump holds up the order on steel imports that he signed in Roosevelt Room at the White House on Thursday. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

Trump Formally Orders Tariffs On Steel, Aluminum Imports

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A worker builds an aircraft engine at Honeywell Aerospace in Phoenix in 2016. Aerospace is among the manufacturing sectors that could be affected by import tariffs on steel and aluminum. Alwyn Scott/Reuters hide caption

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Alwyn Scott/Reuters

Trump Trade Action Could Boost Steel, Aluminum Manufacturers, Hurt Other Industries

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