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Trade News

White House denies reports of canceled trade meeting

Washington - The White House on Tuesday said high-level trade talks with Beijing were proceeding uninterrupted, quickly rebutting media reports that progress toward resolving their trade war had faltered.

White House denies reports of canceled trade meeting

Washington - A top White House aide flatly rejected media reports Tuesday that Washington had canceled a trade meeting ahead of next week's high-level talks with Chinese officials.

UN warns trade disputes, climate could disrupt growth

New York - The United Nations warned Monday that trade disputes, climate change and a me-first attitude to addressing global problems were threatening prospects for world economic growth.

US officials consider lifting China tariffs: report

Washington - US officials have considered lifting tariffs on Chinese imports to calm volatile stock markets and encourage Beijing to make concessions in current trade talks, The Wall Street Journal reported Thursday.

US government shutdown muddles Canada trade tallies

Ottawa - The Canadian statistical agency said Thursday the US government shutdown is having impacts beyond its borders, stemming data sharing and forcing Ottawa to suspend publication of trade figures.

United in opposition: Vote truce among Brexit rabble-rousers

London - Noisy europhiles and Brexiteers battled beneath leaden skies on Tuesday to make their voices heard outside Britain's parliament, but were united in opposition to the government's deal to be voted on later.

China's US trade surplus hit record in 2018 but tariffs bite

Bejing - China's trade surplus with the United States hit a record high last year but the country's imports and exports fell in December as the long-running trade war begins to bite in the world's number two economy, data showed Monday.

US pressures Germany over Russian gas pipeline

Frankfurt Am Main - A transatlantic tiff over Europe's natural gas supply came to the boil Sunday, as Donald Trump's ambassador to Germany threatened firms involved in a pipeline from Russia with sanctions.

British PM suffers fresh Brexit defeat

London - British MPs voted Wednesday to force Prime Minister Theresa May to quickly set out an alternative plan for Brexit if she loses a crucial vote on her EU withdrawal deal next week, in a second parliamentary defeat in 24 hours.

World Bank warns brewing trade storm jeopardizes global economy

Washington - Trade conflict between the world's two largest economic powers already is inflicting collateral damage and threatens to do yet more harm to the global economy, the World Bank warned Tuesday.

Venezuela launches WTO legal challenge against US sanctions

Geneva - Venezuela launched a legal challenge at the World Trade Organization Tuesday against a raft of US sanctions, even as Washington announced new measures targeting the crisis-hit country.

Trump says US-China trade talks going 'very well'

Washington - US President Donald Trump boasted Tuesday that US-China trade negotiations were going "very well" as officials held talks in Beijing that will spill into a third day.

Trump says US-China trade talks going 'very well'

Bejing - US President Donald Trump boasted on Tuesday that US-China trade negotiations were going "very well" as officials held talks in Beijing that will spill into a third day.

UK truck tests for no-deal Brexit branded 'window dressing'

Manston - Dozens of trucks took part in a government exercise Monday for coping with possible Channel gridlock caused by a no-deal Brexit, assembling on a disused airport runway that could be turned into a giant lorry park.

US negotiators in Beijing for trade war talks

Bejing - US and Chinese negotiators on Monday held their first face-to-face talks since the world's two largest economies agreed to a truce aimed at resolving their trade dispute.

China could put reforms on hold to boost economy: analysts

Bejing - President Xi Jinping hailed China's "reconstructive reforms" in a New Year speech, but the sorely needed changes could be put on ice in favour of averting a potentially devastating economic downturn.

In Siberia, Chinese demand for prehistoric tusks fuels 'mammoth rush'

Yakutsk - Crouching near a wooden shed in his snowy backyard, Prokopy Nogovitsyn lifts up a grey tarpaulin and takes out a vertebra the size of a saucer: part of a mammoth skeleton.

US team to visit China for trade talks

Bejing - A US government delegation will visit China next week for the first face-to-face talks since President Donald Trump and his Chinese counterpart agreed on a temporary truce in the trade war, Beijing said Friday.

Britain can punch above its weight even after Brexit: Hunt

Fpo - Britain can still punch above its weight globally even after it exits the European Union (EU), Foreign Secretary Jeremy Hunt said Wednesday ahead of a crucial parliamentary vote at home.

US, China talk 'progress' after phone call on trade

Washington - Both the US and China spoke of progress Saturday after telephone talks between their leaders over a trade war that has rattled global markets.

China, US trade negotiators plan 'to meet in January'

Bejing - Trade negotiators from China and the United States are planning to meet in January for talks, Beijing said Thursday, but stopped short of confirming the exact date or location.

China to allow victims of IP theft to sue for damages

Bejing - Victims of intellectual property theft in China could soon be allowed to sue for damages as Beiing looks to tighten its IP protection framework, state media reported Monday, with Washington clamouring for action on the issue.

US and China spar at WTO policy forum

Geneva - The US and China renewed hostilities at the World Trade Organization on Wednesday, with Washington accusing Beijing of expecting impunity despite countless violations.

EU implements Brexit 'no deal' contingency plans

Apo - The European Union on Wednesday adopted backup plans to protect air transport and financial markets in the event Britain leaves without a Brexit deal in 100 days.

Britain in Brexit limbo with 100 days to go

London - British MPs head off for Christmas with just 100 days to go until Brexit, leaving a country in limbo with no divorce deal in place and total confusion over what happens next.

Trump says could intervene in Chinese exec's case

Washington - US President Donald Trump said in an interview Tuesday that he may intervene in the US case against a top Huawei executive detained and bailed by Canada if it helps seal a trade deal with China.

US sees 'hard deadline' for China trade negotiations

Washington - The US negotiator in charge of trade talks with China said Sunday he considers March 1 to be a "hard deadline" for reaching an agreement that would avert an intensifying trade war.

China to 'immediately' implement US trade truce measures

Bejing - China said Thursday it would "immediately" implement measures agreed under a trade war truce with the United States -- and was confident it could reach a deal within 90 days.

WTO chief warns of economic danger of trade war

Washington - All countries will lose in a global trade war, the head of the world's trade referee warned in a speech on Wednesday.

China vows quick trade moves, Trump upbeat

Bejing - China vowed Wednesday to move swiftly to strike a trade consensus with the United States -- to the apparent relief of US President Donald Trump after a day of mixed signals that sent global markets into a swoon.
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