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Tariff Impact Colors a Key House Race in Boeing Country

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[ad_1] The district’s quirky boundary, which encompasses the vast airplane-making ecosystem to the west and thousands of acres of cherry and apple farms on the other side of the Cascade Mountains, makes the territory uniquely vulnerable to the president’s actions on trade. Boeing is probably the American company with the most riding on a healthy relationship with Beijing. China is projected to buy more than 7,000 planes worth almost $1 trillion in the next 20 years, more than Boeing’s current backlog for the entire world. Most commercial aircraft in China are made by Boeing, the company says, but if the trade pressures escalate, China could choose to award more work to Europe’s Airbus. For now, Beijing has threatened to retaliate with tariffs on some airplanes, including older 737 models made in the Renton factory where Mr. Cesmat works, which is just outside the district. “China knew exactly where to target,” said Kim Schrier, the Democratic candidate who has built the biggest...

The U.S. Says It Has a Tariff Deal With Brazil. Brazil Disagrees.

[ad_1] SÃO PAULO, Brazil — From the perspective of the White House, the United States had negotiated a preliminary deal with Brazil, as well as Argentina and Australia, to exempt the countries from punitive steel and aluminum tariffs . From the perspective of Brazil, it was issued an ultimatum. Brazil accused the Trump administration on Wednesday of breaking off negotiations over the tariffs last week and issuing a take-it-or-leave-it offer. According to the Brazilian authorities, the United States said the country’s steel and aluminum industries could opt for tariffs or quotas. That account appears to contradict the White House’s version of the events. On Monday, White House officials said they had reached agreements in principle with Argentina, Australia and Brazil with regard to steel and aluminum, saying the details would “be finalized shortly.” The disconnect between the United States and Brazil echoes the broader state of the trade negotiations, which have been clouded by confus...