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Trade News

Chinese official to visit US to prepare for trade talks

Bejing - A Chinese vice finance minister will visit the United States on Wednesday to lay the groundwork for trade talks next month, state media said.

US wants to make 'meaningful progress' in China trade talks

Washington - US trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin said Thursday, one day after conciliatory gestures by both sides boosted hopes of an eventual resolution.

North American trade deal must be 'greatly improved': top Democrat

Washington - Much work remains to before Democrats will be ready to vote on a new North American trade pact, the speaker of the US House of Representatives said Thursday.

France stages 'hard border' port drill for no-deal Brexit

Ouistreham - French officials launched Thursday their first "dress rehearsal"of new customs checks that will be imposed if Britain crashes out of the EU without an exit deal, a scenario that could severely crimp the flow of people and goods across the English Chann...

Trump offers delay in tariff hike, responding to Chinese gesture

Washington - After an apparent conciliatory move by China, US President Donald Trump on Wednesday made one of his own, announcing that he agreed to delay an increase in tariffs on $250 billion worth of Chinese goods by two weeks.

Von der Leyen: Brexit not the end of British ties

Apo - Incoming European Commission president Ursula von der Leyen said Tuesday that Brexit -- "should it happen" -- would be only the start of a new relationship between the UK and the EU, and "not the end".

US, China to resume trade talks in Washington in October

Bejing - China and the United States will resume trade talks in Washington in early October, Beijing said on Thursday, allaying fears that new punitive tariffs would lead to a breakdown in the protracted negotiations.

Putin promises infrastructure investment in Mongolia

Ulaanbaatar - Russian President Vladimir Putin has promised to help finance new infrastructure in Mongolia on a one-day visit this week, as the landlocked country looks to reduce its reliance on Beijing.

China lodges WTO trade complaint against US: govt

Bejing - China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force.

China lodges WTO trade complaint against US: govt

Bejing - China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars of Chinese goods came into force.

Trump moving ahead with new tariffs on Chinese products

Washington - Washington is moving ahead Sunday with new tariffs on Chinese imports as it steps up a high-pressure campaign aimed at coercing Beijing to sign a new trade deal even amid fears of a further slowing of US and world growth.

Signs of hope as Trump says US-China trade talks back on

Biarritz - There were signs of a thaw in trade-war tensions between China and the US on Monday as President Donald Trump said delegations would "very shortly" resume talks and Beijing's top negotiator called for "calm".

Trump sparks confusion before doubling down on China tariffs

Biarritz - President Donald Trump doubled down Sunday on his hard line against China after sowing confusion with statements that he might be willing to soften a trade war G7 partners fear threatens the world economy.

US, Japan agree trade deal 'in principle'

Biarritz - US President Donald Trump and Japan's Prime Minister Shinzo Abe on Sunday announced a deal in principle on a major bilateral trade deal.

Johnson seeks to woo Trump, talk tough to EU at G7

Biarritz - Seeking to prod US President Donald Trump into concessions on trade while reminding Brussels that Britain is ready for a "no deal" Brexit, British Prime Minister Boris Johnson charged around the G7 summit on Sunday as he battled to prepare for departur...

Trump denies China trade war causing friction at G7

Biarritz - President Donald Trump on Sunday denied that his trade war with China is causing friction at the G7 summit, but indicated he will hold off from a threatened further escalation for now."I think they respect the trade war.

Japan, US reach broad agreement on trade deal: reports

Apo - Japan and the United States have reached a broad agreement in trade negotiations, reports said Sunday, with the leaders of both countries expected to hold talks on the sidelines of the G7 summit.

Tusk says 'hard to imagine' EU-Mercosur trade deal while Amazon burns

Biarritz - EU Council president Donald Tusk said it was hard to imagine the bloc ratifying its trade pact with South America's Mercosur grouping as long as Brazil fails to curb the fires ravaging the Amazon rainforest.

US-China trade war deteriorates, as Trump lashes out at Beijing

Washington - The United States and China exchanged blows Friday as each side increased punitive tariffs on the other, intensifying a trade war that is threatening to engulf the global economy.

Finnish minister proposes Brazil beef ban over Amazon fires

Apo - Finland will propose a ban on Brazilian beef imports to protest over Brazil President Jair Bolsonaro's response to massive Amazon fires, the country's finance minister said on Friday.

Trump lashes out at China, vows quick response

Washington - US President Donald Trump lashed out at Beijing on Friday, vowing a quick response to China's announcement of new tariffs and ordering American companies to leave the country.

Trump lashes out at China, vows quick response

Washington - US President Donald Trump lashed out at Beijing and vowed a quick response to China's plans for new tariffs, while ordering American companies to leave the country.

Fed's Powell vow to act to sustain US expansion, Trump lashes out

Washington - Federal Reserve Chair Jerome Powell vowed Friday to act to ensure that the US economic expansion continues, but admitted the central bank had limited tools to respond to an intensifying trade war.

Fed will act 'as appropriate' to sustain US expansion: Powell

Washington - Federal Reserve Chair Jerome Powell stressed Friday that the central bank will act to ensure the US economic expansion continues, even in the face of "significant risks" posed by slowing global growth.

Israel, South Korea announce free trade deal

Jerusalem - Israel and South Korea announced Wednesday they have concluded a free trade agreement to eliminate tariffs on goods ranging from cars to video games.

US, Mexico reach deal to end tomato tariffs

Mexico - The United States and Mexico said Wednesday they have reached a deal to end US tariffs on Mexican tomatoes, imposed amid a surge in trade tension between the neighbors.The US imposed the 17.

IMF to Trump: It's not working

Washington - US tariffs on China won't fix the trade deficit, and neither will weakening the US dollar through interest rate cuts, International Monetary Fund economists said Wednesday.

Google, Facebook, Amazon decry French digital tax as 'discriminatory'

Washington - American tech giants Amazon, Facebook and Google joined forces on Monday to decry the French digital tax as retroactive and discriminatory.

Trump warns Tiananmen-style HK crackdown would harm trade deal

Washington - Donald Trump has warned China that carrying out a Tiananmen Square-style crackdown on Hong Kong pro-democracy protests would harm trade talks between the two countries, in comments that followed a huge, defiant march through the streets of the global f...

South Korea's Moon offers olive branch to Japan

Seoul - South Korean President Moon Jae-in struck a conciliatory tone towards Japan on Thursday, offering to "join hands" if Tokyo chooses dialogue as relations between the US allies dip to fresh lows.
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