John Ydstie

John Ydstie appears in the following:

Caught In Tariff War, U.S. Distillers Fear Losing Out On Global Whiskey Boom

Thursday, July 05, 2018

Whiskey distillers in the U.S. are concerned EU tariffs will take a big bite out of sales. Many have expanded to meet growing demand and worry what will happen if trade frictions aren't resolved soon.


Commerce Secretary Wilbur Ross Defends U.S. Trade Policies

Wednesday, June 20, 2018

Commerce Secretary Wilbur Ross said tariffs on U.S. allies were necessary to prevent China from "trans-shipping" goods through those countries. He also said China would not change its policies if the U.S. doesn't continue to apply pressure.


News Brief: Republicans Talk Immigration Overhaul, China Tariffs Latest

Wednesday, June 20, 2018

President Trump met with Republican lawmakers to discuss immigration legislation. Also, we have the latest on the uproar over immigrant family separations and President Trump's tariffs on China.


Global Markets Fall As U.S.-China Trade Tensions Rise

Tuesday, June 19, 2018

Economists have generally downplayed the impact on the U.S. and global economies, but many are reassessing now that trade tensions appear to be entering a new phase.


Fed Raises Interest Rates, Signals 2 More Hikes This Year

Wednesday, June 13, 2018

The Fed boosted a key interest rate again — its seventh hike since 2015. The move, which was expected, will trigger higher rates on credit cards, home equity lines and other kinds of borrowing.


Trade Tensions And Threat Of Tariffs Has Led To Lots Of Uncertainty

Tuesday, June 12, 2018

The Trump administration's mixed signals on implementing tariffs is causing uncertainty for many businesses whose costs could rise if tariffs are imposed. Delaying decisions about hiring and signing contracts could hurt not only the individual businesses, but the economy as a whole.


Small Business Owner Fears U.S.-China Trade War Will Destroy Her Company

Friday, May 18, 2018

Mary Buchzeiger's auto parts company may be fighting for its life if it doesn't get relief from Trump's proposed tariffs. "They're attacks on U.S. companies that are using Chinese goods," she says.


U.S. Unemployment Dips Below 4 Percent For The First Time In More Than 17 Years

Friday, May 04, 2018

The nation's unemployment rate fell below 4 percent for the first time in more than 17 years. That's according to the government's monthly employment report released Friday. Employers added 164,000 workers to payrolls.


U.S. Economic Growth Slowed To 2.3 Percent

Friday, April 27, 2018

Consumers didn't keep up with the blistering pace of spending, which meant slower economic growth. But recently, growth has tended to pick up momentum later in the year.


Interest Rate Rise Unsettles Stock Investors; Dow Falls 425 Points

Tuesday, April 24, 2018

For the first time in four years, the rate on the 10-year U.S. Treasury note crossed 3 percent. While it signals a stronger economy, it makes bonds more attractive investments, undermining stocks.


Protection For The Steel Industry Is As Old As America

Tuesday, April 24, 2018

The U.S. steel industry has enjoyed protection from foreign competitors since the 1790s. It says new import tariffs are actually just leveling the playing field and shouldn't be labeled "protection."


As Threats Of Additional Tariffs Continue, China Says U.S. Demands Are Unreasonable

Wednesday, April 04, 2018

China responded to a U.S. threat of additional tariffs with a long list of its own. The two sides will likely spend the next few months trying to negotiate a solution that will avert a trade war.


China Imposes Tariffs On Long List Of U.S. Produced Goods

Monday, April 02, 2018

China has imposed tariffs on a long list of U.S. produced goods in retaliation to U.S. imposed tariffs on Chinese steel and aluminum. Beijing's list is long on fruits and nuts, but also includes pork products and some manufactured goods.


U.S. Economy Grew At A Faster Pace Than Earlier Thought

Wednesday, March 28, 2018

The Commerce Department revises its growth estimate upward to 2.9 percent for the fourth quarter. Consumer spending helped fuel the faster pace, but import purchases subtracted from growth.


Talks Ease Concerns Over Potential Trade War With China

Tuesday, March 27, 2018

The U.S. stock market rocketed higher as fears of a possible trade war with China eased. The two countries have begun talks aimed at avoiding tit-for-tat sanctions that could damage both sides.


Trade War Could Damage U.S. Consumers More Than China

Friday, March 23, 2018

Historically, both sides usually lose in trade wars. But, one side often loses more than the other. While China could be hurt by the Trump administration tariffs, U.S. consumers, companies and our allies could end up being damaged more.


Fed Raises Interest Rates Again As New Chairman Steps Into Spotlight

Wednesday, March 21, 2018

The central bank raised its key interest rate for the first time under Jerome Powell, announcing a quarter-percentage-point hike. Economists wonder if faster growth will mean more aggressive hikes.


What The Trump Administration Means When It Says Countries 'Cheat' On Trade

Tuesday, March 06, 2018

The accusation varies from country to country, but it often has to do with governments subsidies and protections that the U.S. says harms U.S. producers.


Trump Plan To Impose Tariffs On Steel, Aluminum Raises Trade War Fears

Thursday, March 01, 2018

The president promised steel and aluminum executives that he will levy tariffs on imports of their products in coming weeks. The tariffs will be 25 percent for steel and 10 percent for aluminum.


New Fed Chief Sees Interest Rates Continuing To Rise As Economy Strengthens

Tuesday, February 27, 2018

The central bank remains on track to boost rates gradually, Jerome Powell told Congress on Tuesday in his first testimony as Fed chairman. He said he has seen the economy picking up since December.