Unifi, Inc. textures polyester and nylon filament fiber to produce polyester and nylon, dyed, and spandex yarns covered with nylon and polyester. The Company sells its products to knitters and weavers that produce fabrics for the apparel, automotive upholstery, hosiery, home furnishings, industrial, and other end use markets.
It's not easy to disentangle the impact that NAFTA has had on the U.S. economy from other economic, social and political factors that have influenced U.S. growth.
The Trump administration's trade dispute with Beijing could slam U.S. retailers if tariffs are implemented and lead to higher prices or a shortage of merchandise.
Economists say the back-and-forth does not amount to a full-blown trade war yet, but the risks are rising.
As negotiations over NAFTA heat up, liberals and conservatives have begun outlining what they want to see President Trump include in the new deal he strikes with Mexico and Canada.
Escalating his trade feud with China, President Trump ordered his administration Thursday night to consider adding another $100 billion worth of tariffs on Chinese products.
U.S. Ambassador Terry Branstad warned China against retaliatory measures aimed at imports of American soybeans, as the world’s two largest economies edged closer to a trade war.
U.S. stocks were deep in the red Wednesday after China retaliated against the Trump administration’s proposed penalties on Chinese goods, but one of the president’s top advisers is telling markets “don’t overreact.”
President Donald Trump, engaged in an escalating confrontation with Beijing over trade, will urge Latin American leaders next week to work with the United States - not China - on trade, a senior U.S. official said on Thursday.
President Donald Trump’s push to rebalance global trade in America’s favor has investors on edge, as his threats to impose import tariffs and curb foreign investment raise the specter of retaliation that could spark a global trade war.
President Trump acknowledged Friday that US markets could face “pain” from his escalating trade beefs with China and other countries — but insisted...
Beijing has a strong grip on banks, the news media and politics, and it seems willing to take advantage of vulnerabilities in the American political system.
American companies want a level playing field with their Chinese counterparts. China wants to build its industries into sophisticated global competitors. This week, both countries demonstrated a willingness to escalate trade tensions to defend their positions.
As the future of NAFTA remains in flux, Gov. Greg Abbott on Wednesday asked the country's top trade representative to retain two longstanding provisions of the trade pact that have boosted the Texas economy.
The measures, targeting $50 billion worth of soybeans, cars and other goods, were the latest move in the countries’ escalating trade confrontation.
President Donald Trump promised to “make America great again”. The slogan defined his campaign and his presidency. His bluster was often forgiven because of the sentiment attached to that slogan—it inspired a hope that Trump’s policies would protect the U.S. economy and ensure that the declining standard of living of Americans would be reversed. A year into his presidency, there is little evidence of any improvement. Inequality continues to define the American economic landscape—CEOs, new government data show, can make up to a thousand times more in their salaries than their employees. It is impossible to suggest that high inequality and joblessness should be the character of a Great America. Red hats with that slogan are easy to produce, but it is a bitter pill if these are made—as they often are—in Bangladesh, China and Vietnam.
Experts say any agreement that soon would be little more than a symbolic move because the hardest part of the negotiations has yet to really get underway.
The move, against mainly agricultural products, will escalate tensions between the two trading nations.
Companies are united around the idea of addressing China’s unfair trade practices, but details of the president’s plan have set off fierce opposition.
The underlying rationales for Trump's recent proclamations/actions on trade are examined. They are flawed. We are entering a dangerous time for the global economy.
Since the North American Free Trade Agreement (NAFTA) came into effect in 1994, Mexico’s low labor costs have made it a prime location for U.S. companies to base their manufacturing. Initially, there was a correlation between low quality and the low costs of goods made in Mexico. However, over time costs have