Wilbur Ross

Trade negotiations with China continue as the U.S. and China seek to wrap up a phase one agreement, promised two weeks ago.  U.S. Commerce Secretary Wilbur Ross told Fox Business News, "the ball is in China's court," in an interview Monday.  He...

Commerce Secretary Wilbur Ross seems confident the U.S. and China will reach a Phase One agreement this month on trade. Speaking at the Association of Southeast Asian Nations, Ross says the U.S. and China are “making good process,” according to Bloomberg News. He added t...

On Monday, U.S. Commerce Secretary Wilbur Ross suggested the phase one agreement with China doesn’t have to be ready to sign next month. Speaking on Fox Business, Ross said, “It has to be the right deal, and it doesn’t have to be in November.”   Preside...

On Monday, U.S. Commerce Secretary Wilbur Ross suggested the phase one agreement with China doesn’t have to be ready to sign next month. Speaking on Fox Business, Ross said, “It has to be the right deal, and it doesn’t have to be in November.”   President T...

Threatened tariffs could hike U.S. tomato prices between 40%-85%.  Research commissioned by the Fresh Produce Association of America suggests that if the U.S. withdraws from the Tomato Suspension Agreement on May 7th, and applies duties on Mexican tomatoes, consumer prices could rise up to 40% in the period from May to December.  Du...

According to Politico the Trump Administration is taking an unusual approach in trying to talk lawmakers into supporting USMCA.  They’re following a “traditional playbook."  White House officials have dozens of meetings with rank-and-file lawmakers as they try to “charm” Democrats into getting behind Trump’s signature trade achievement.  The administration wants a vote on th...

Commerce Secretary Wilbur Ross went before senators Wednesday to explain the Administration’s long-term plan when it comes to escalating trade tension with allies as well as China.  During Wednesday’s hearing, Oregon senators Ron Wyden told Ross northwest farmers at this point are waiting for the Commerce Department to “do its job”.  Wyden said he’s heard from...

Commerce Secretary Wilbur Ross went before the U.S. Senate Wednesday to address lawmakers concerns about tariffs and the trade war looming on the horizon.  Washington's Maria Cantwell asked Ross several questions specific to the Evergreen state's economy.  ...

U.S. Commerce Secretary Wilbur Ross will be in China this weekend for another round of talks amid trade tensions between the world’s two largest economies.  The trade dispute got a little more complicated just before the Memorial Day weekend, when President Trump announced a national security investigation into imports of cars and trucks.  The probe cou...

After two rounds of trade talks between the world’s largest economies, China has promised to buy significantly more U.S. agriculture and energy products to help reduce its trade surplus with America.  Treasury Secretary Steven Mnuchin outlined his targets for boosting sales over the weekend but it remains unclear if China has agreed to reduce the deficit by the $200 billion that the Trump Administ