trade war

The U.S. trade deficit unexpectedly jumped to $46.3 billion in August, as the nation's deficit with China surged to a record $28 billion. Oil prices were the other key culprit as the petroleum deficit surged 5.7%.

Many high-profile U.S. lawmakers and economists stridently advocate trade sanctions to pressure China into raising the value of the yuan. But such threats would likely only backfire -- with extremely dangerous fallout.

Nylon seems like an innocuous enough product, but the material used to make goods like rope and pantyhose appears to have pushed the United States and China closer to a full-blown trade war. Accusing U.S. nylon manufacturers of dumping Nylon 6 on the Chinese market, China's Ministry of Commerce...

All of the talk of rising trade tensions between the U.S. and China has not scared stock market investors. The Dow Jones industrial average is up 1.9 percent since Friday, when President Barack Obama slapped new duties on Chinese tires. In the same period, the S&P 500 and Nasdaq Composite Index...

The tiff over tariffs on Chinese tires has sparked a tug-of-war among pundits: Some are rushing to reassure us that China and the U.S. wouldn't be foolish enough to let this little spat blow up into something nasty, while others are labeling this the opening shot of a long-brewing trade...