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Citi warns trading revenue to decline, BofA is ‘doing OK’

NEW YORK – Citigroup Inc. trading revenue is set to drop this quarter amid volatility that gripped markets for most of August, while a...

Trump tariff delay is a gift to retailers that feels like...

It looks as if the Trump administration didn’t want to be accused of ruining Christmas. The U.S. Trade Representative’s office said on Aug. 13 that...

Congress must pass USMCA

While the U.S. economy continues to show steady signs of growth, there is considerable concern in the business community about current U.S. trade policies...

NAFTA alternative a bad deal

President Donald Trump claims he has “tremendous Democrat support” in the House for the accord he signed last year with Mexico and Canada to...
TRADE SUPPORTED 128,100 jobs in Rhode Island in 2017, according to a new report from The Business Roundtable. / COURTESY BUSINESS ROUNDTABLE

Report: Trade supports 128K jobs in R.I.

PROVIDENCE – International trade in Rhode Island supported 128,100 jobs in 2017, according to a Business Roundtable report released this week. The report said that...
THE U.S.TRADE deficit in goods and services declined to $49.4 billion in February. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. trade gap narrows to eight-month low on plane exports

NEW YORK – The United States trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports,...

How to win a tech cold war

If a digital Iron Curtain is falling between the U.S. and China, America seems increasingly eager to yank its side down. A hasty and...
NEW AGREEMENT: Enrique Pena Nieto, Mexico's president, from front left, U.S. president Donald Trump, and Justin Trudeau, Canada's prime minister, sign the United States-Mexico-Canada Agreement (USMCA) as Ildefonso Guajardo Villarreal, Mexico's secretary of economy, from back left, Robert Lighthizer, U.S. trade representative, and Chrystia Freeland, Canada's minister of foreign affairs, stand at the G-20 Leaders' Summit in Buenos Aires, Argentina, on Friday Nov. 30, 2018. The U.S., Canada and Mexico are set to sign their new trade deal Friday following a year of intense negotiations to revamp the continent's free trade zone - after President Trump threats to kill it. BLOOMBERG NEWS FILE PHOTO/SARAH PABST

Trump signs new Nafta but congressional hurdle remains

NEW YORK - The United States, Canada and Mexico signed a new trade deal championed by President Donald Trump to replace the quarter-century-old Nafta...
FORD MOTOR CO. contends that the steel tariffs instituted by President Donald Trump have made domestic steel the costliest in the world and have cut into the auto manufacturer's profits. / BLOOMBERG NEWS FILE PHOTO

Ford says Trump tariffs make U.S. steel costliest in the world

NEW YORK – Ford Motor Co. is escalating its criticism of the Trump administration’s metals tariffs that the company has already said took a...
WEDNESDAY'S SELLOFF in U.S. equity markets continue a recent trend, as rising interest rates and continuing trade spats injected uncertainty into world markets. / BLOOMBERGE NEWS PHOTO/MICHAEL NAGLE

U.S. stocks plunge most since Feb.

NEW YORK – United States stocks tumbled the most since February as fresh concern about the impact of the trade war with China roiled...
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