Updated Jul 20, 2018

Trade war shakes up Senate races in Trump states

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Fed study: Tariffs have hurt manufacturing employment and increased prices

Photo: Drew Angerer/Getty Images

The Federal Reserve has released a study that found the tariffs imposed by the Trump administration in 2018 led to higher prices and fewer manufacturing jobs.

The big picture: President Trump has ordered tariffs on a number of countries and a range of goods in a bid to protect manufacturers and correct what he sees as "unfair" trading practices — most notably in the United States' relationship with China.

Go deeperArrowDec 29, 2019

China doubles U.S. soybean imports after "phase one" trade deal announcement

Photo: Joe Raedle/Getty Images

China imported 2.6 million tons of U.S. soybeans in November — more than double the previous month — after the announcement of its "phase one" trade deal with the U.S. in October, AP reports.

Why it matters: Soybeans are China's largest U.S. import, but the country stopped purchasing them in the midst of a trade war spurred by U.S. tariffs. While specific details surrounding the "phase one" agreement have yet to be released, the portions unveiled earlier this month amount to little more than an agriculture purchase agreement, per Axios' Dan Primack.

Go deeper: China to cut import tariffs on 850 products

Keep ReadingArrowDec 26, 2019

Trump says he'll sign "phase one" trade deal with China on Jan. 15

President Trump tweeted Tuesday that he will sign the "phase one" trade deal with China in a ceremony at the White House on Jan. 15.

The intrigue: Trump did not indicate that Chinese President Xi Jinping would be in Washington for the occasion, saying that "high level representatives" would be present instead. Reports earlier this week indicated that Vice Premier Liu He, China's top trade negotiator, would be the one to sign on behalf of China.

Go deeperArrowDec 31, 2019