The U.S. could impose new tariffs on Chinese goods if current trade talks with the country break down and the U.S. conducts a new trade investigation, according to the U.S. Chamber of Commerce.
The agreement between the states in the Mid America Association of State Transportation Officials increases emergency interstate truck weights to 88,000 lbs.
An $80.7 billion deficit in December drove the U.S. 2021 calendar year trade red ink to a record $859.1 billion, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported.
Wheat futures rose after Stats Canada reported a big drop in the country’s inventories at the end of 2021, fueling concern over tight supplies of milling-quality wheat.
