Govt to seal US trade deal on Monday to reduce tariff
Bangladesh has pledged to buy American aircraft from Boeing, along with greater quantities of cotton, soybeans, liquefied petroleum gas and other goods to reduce the trade gap with the US….
In exiting Japan, John Deere building $70M factory in North Carolina
John Deere future generation excavators previously produced in Japan will be manufactured at a $70 million factory in North Carolina, the company said Tuesday. Kernersville, a Forsyth County community off…
Who is Really Paying for Trump’s Tariffs?
Border payment does not determine who bears the cost. While tariffs are paid by importers at the border, U.S. nonfuel import prices remained largely flat through September 2025. This indicates…
Why the 2025 Trade Deficit Might Not be as Bad as it Looks
A trade deficit matters because it changes who is doing the spending and investing in an economy, how exposed key sectors are to foreign competition, and how much domestic production…
GM to move production of Buick SUV from China to US
General Motors is moving production of a China-built Buick SUV to the U.S., its latest move to expand U.S. factory work in the wake of the Trump administration’s tariffs. The…
Pet food inflation flat in 2025 as overall inflation rose in December
Pet food prices remained comparatively restrained at the end of 2025, even as overall pet-related inflation accelerated in December, according to industry analyst John Gibbons of PetBusinessProfessor.com. While total pet…
Market share of US-made cars hits record low in Canada
The share of US-manufactured passenger vehicles imported to Canada has fallen to a historic low of 36% during the first 10 months of 2025, according to Statistics Canada data. This…
Kelly Loeffler visits Macon manufacturer, touts Trump policies’ impact on business growth
Small Business Administrator Kelly Loeffler visited a Macon manufacturing business Friday to tout the Trump administration’s economic policies’ impact on small manufacturers across the country. “What we see is Made…
US Budget Deficit Narrows in October-December as Tariffs Boost Revenue
Boosts in revenue from taxes and tariffs narrowed the U.S. budget deficit in the October to December period from the year before, Department of Treasury data showed on Tuesday. The…
US Trade Gap Shrinks to Smallest Since 2009 as Imports Fall
The U.S. trade deficit made a sharp and unexpected pullback in October, reaching its lowest level since 2009 as goods imports dropped while President Donald Trump’s tariffs took hold, government…