International Trade

Lawmakers from U.S. whiskey-producing states asked the Biden administration to negotiate an immediate end to all tariffs on American spirits, weeks before European Union and U.K. duties on American bourbon are set to double.

To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver.

The U.S. is pressing ahead with plans to hit six nations that tax Internet-based companies with retaliatory tariffs that could total almost $1 billion annually.

Corn is in the midst of its best rally in a decade, and soybeans have also surged. But the gains weren’t enough to prompt the U.S. government to bulk up its planting estimates, as instead its survey showed that farmers would exercise restraint after years of disappointment.

U.S. Trade Representative Katherine Tai raised concerns about Vietnam’s currency practices during a virtual meeting on Thursday with the country’s trade minister.