Solar Power Market Braces For US-China Trade Case Decision

The U.S. solar-power industry has been nervously awaiting a federal decision on whether to impose antidumping tariffs on Chinese solar-panel makers.

The Department of Commerce is scheduled to issue a decision Thursday on the tariffs as part of an investigation into accusations that Chinese solar-panel makers receive unfair government subsidies and sell their products in the U.S. at...

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Ainsley Shea
Sen. McCain: US slow to seek trade pacts in Asia

WASHINGTON (AP) — Republican Sen. John McCain called for the Obama administration to ramp up its free trade agenda in Asia and suspend U.S. economic sanctions on Myanmar, although retain an arms embargo.

Describing the administration's record on trade as "shameful," McCain said Monday the U.S. has been "sitting on the sidelines" while China has moved swiftly to secure free trade...

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Ainsley Shea
U.S. trade deficit widens as imports set a record

A rise in consumer goods lifted imports to a record level, outpacing a solid gain in U.S. exports.

The Commerce Department said Thursday that the trade gap widened to $51.8 billion in March, from $45.4 billion in February. Imports rose 5.2% to a record $238.6 billion, reflecting more foreign oil, autos, cell phones and clothes.

Exports increased nearly 3% to $186.8 billion. Sales...

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Ainsley Shea