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global trade

May 9, 2025

As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims

Trump raises China tariffs to 145%, sparking retaliation and global market jitters as trade talks begin in Geneva with no clear resolution in sight.

May 8, 2025

Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain

Trump and UK PM Starmer outline trade deal cutting tariffs on autos, steel, and aluminum while boosting U.S. beef exports and easing customs rules

A See's Candy worker restocks the display next to a cutout of Warren Buffett at the Berkshire Hathaway shareholders meeting exhibit hall Friday, May 2, 2025 in Omaha, Neb. (AP Photo/Josh Funk)
May 3, 2025

Buffett says US shouldn’t use ‘trade as a weapon’ as Trump has done with tariffs

Warren Buffett criticizes Trump’s tariffs, urges global trade, and shares insights on markets, succession plans, and Berkshire’s $347B cash reserves.

U.S. Sen. Tim Kaine spoke April 30, 2025 on the Senate floor. Photo courtesy Office of Tim Kaine
May 1, 2025

Senate blocks Kaine-sponsored bid to stop Trump’s tariffs

Senate Republicans block a resolution cosponsored by U.S. Sen. Tim Kaine to halt Trump’s global tariffs, highlighting GOP divides and rising economic concerns.

Apr 30, 2025

Port of Virginia channel widening boosts ship traffic

Port of Virginia completes channel widening, enabling 2-way ship traffic and boosting cargo volumes as deepening continues and offshore wind grows.

Apr 22, 2025

US Treasury secretary says trade war with China is not ‘sustainable’

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies. But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States […]

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