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Trade News

Beijing rebuffs Trump claims over economic slowdown

Bejing - China on Tuesday rejected claims from US President Donald Trump that it is being forced to make a trade deal because of its slowing economy, as the two sides prepare for more talks.

US trade negotiators will travel to China in 'very near future': official

Washington - US officials will soon resume face-to-face trade talks in China, a White House official said Friday, reviving negotiations that had verged on collapse in May.

South Korea, Japan hold talks as diplomatic row worsens

Apo - Japanese and South Korean officials held hours of talks Friday to discuss a worsening diplomatic row that has prompted Washington to offer to mediate between the US allies.

Indonesia president vows to fight EU palm oil rules

Jakarta - Indonesia's president promised Friday to fight the European Union over plans to restrict the use of palm oil in biofuels.Brussels wants to limit the materials that can be used in fuel that is counted towards its renewable energy targets.

China fails to buy agricultural goods as promised: Trump

Washington - US President Donald Trump on Thursday accused China of backsliding on promises to increase purchases of American farm exports.

China says US trade issues are 'definitely' resolvable

Bejing - China said Thursday that the thorny trade issues plaguing relations with the United States are resolvable after fractious talks between the economic giants were kickstarted by the Trump-Xi meeting in Japan.

South Korea warns of 'prolonged' export row with Japan

Seoul - South Korean President Moon Jae-in told top business leaders Wednesday that Japan's restrictions on exports of chemicals crucial to the country's tech sector had caused an "unprecedented emergency" and warned of a drawn-out trade dispute.

Put off by US, Chinese students eye other universities

Bejing - Caught in the crossfire of the US-China trade war, Chinese students are looking for alternative study destinations -- threatening to turn off an important source of revenue for American universities.

Iran set to exceed nuclear deal uranium enrichment cap

Tehran - Iran said Sunday it was set to breach the uranium enrichment cap set by an endangered nuclear deal within hours as it seeks to press other parties into keeping their side of the bargain.

Landmark trade deal tops African Union summit agenda

Niamey - Heads of state will meet for an African Union (AU) summit in Niger Sunday to usher in a landmark free trade agreement and consider looming security and migration crises.

Trump accuses China, Europe of currency manipulation, stimulus

Washington - US President Donald Trump on Wednesday accused China and Europe of deliberately weakening their currencies and stimulating their economies to gain competitive advantages over the United States.

Nigeria says will sign landmark Africa free trade pact

Lagos - Nigerian President Muhammadu Buhari will sign a landmark deal to scrap trade tariffs among African countries at an upcoming summit of the continent's leaders, his office said.

Brazil sees more trade deals for S. America bloc in 2019

Bras - A historic trade pact between South American countries and the EU is expected to pave the way to similar deals with Canada and the European Free Trade Association (EFTA) this year, Brazil's top negotiator said Tuesday.

US-China trade talks 'back on track': White House advisor

Washington - US-China trade negotiations are now headed in a positive direction following this weekend's meeting between President Donald Trump and his Chinese counterpart Xi Jinping, a top White House aide said Tuesday.

France casts doubt on giant Mercosur trade deal

Paris - France said Tuesday it was "not ready" to ratify a huge trade deal agreed by the European Union and four South American countries, as farmers and environmentalists step up their resistance to the accord.

US proposes tariffs on EU cheese, pork and whiskey

Washington - The United States on Monday proposed $4 billion in tariffs on a range of European Union products -- including parmesan cheese and Scotch and Irish whiskey -- over subsidies for commercial aircraft.

Japan restricts exports to South Korea over wartime labour row

Apo - Japan on Monday imposed restrictions on exports used by South Korea's chip and smartphone companies, ramping up long-simmering tensions between the US allies over the use of forced labour during World War Two.

Japan restricts chip, smartphone materials exports to South Korea

Apo - Japan said Monday it will tighten regulations on the export to South Korea of several chemicals used in chip and smartphone production amid a row with Seoul on wartime forced labour.

Vietnam and EU sign free trade agreement

Hanoi - The European Union and Vietnam on Sunday signed a long-awaited free trade deal that will slash duties on almost all goods as fears grow over mounting global protectionism.

Trump hints at softer stance on China's Huawei

Osaka - President Donald Trump said on Saturday that US companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-China trade war.

Who needs the G20? Question gets louder in Osaka

Osaka - Donald Trump's go-it-alone approach and widening global differences on issues from trade to climate change are overwhelming the G20, analysts say, raising questions about whether the grouping still has a role to play in the world.

How Brazil, Argentina helped seal EU-Mercosur deal

Bras - A new pro-market government in Brazil and the looming threat of Argentina swinging to the left in October elections helped get the long-awaited EU-Mercosur trade deal over the line, say analysts.

S.America-EU trade talks press on after Macron warning to Brazil

Apo - Negotiations between Europe and South America to finalise a blockbuster trade deal will continue Friday, after French President Emmanuel Macron sent a warning shot to Brazil over environmental issues.

Pompeo hails Modi's "wonderful" re-election

New Delhi - US Secretary of State Mike Pompeo hailed on Wednesday Indian Prime Minister Narendra Modi's "wonderful" re-election, vowing both sides will overcome a number of spats that have dogged relations under President Donald Trump.

FedEx sues US government over shipment restrictions

New York - American logistics giant FedEx sued the US government on Monday, saying Washington's restrictions on exports and imports due to growing trade disputes and sanctions created an "impossible burden" for delivery firms.

Trump to meet Xi, Putin at G20 in Japan

Washington - President Donald Trump will meet an array of world leaders on the sidelines of this week's G20 summit in Japan, including China's Xi Jinping and Russia's Vladimir Putin, a US official said Monday.

Protectionism slammed as Southeast Asian leaders rally to trade pact

Bangkok - Southeast Asian leaders made an impassioned plea against protectionism at a regional summit in Bangkok Sunday, warning that a dragging US-China trade spat could hammer their export-led economies.

Protectionism slammed as Southeast Asian leaders rally to trade pact

Bangkok - Thailand's premier made an impassioned plea against protectionism on Sunday at a meeting of Southeast Asian leaders where the fallout from the US-China tariff war has dominated talks.

Trade to headline as Southeast Asian leaders meet in Bangkok

Bangkok - Southeast Asian leaders gather in Bangkok on Saturday eager to drive forward the world's largest commercial pact, with the trade war between the US and China muddying the outlook for their export-led economies.

Mexico's AMLO proposes September meeting with Trump

Mexico - Mexican President Andres Manuel Lopez Obrador suggested Friday he and US counterpart Donald Trump should hold their first meeting in September to review progress on the countries' recent migration deal.
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A man hawks coffee beans on a wooden bike in a stadium in Kampala  Uganda on September 20  2010.
A man hawks coffee beans on a wooden bike in a stadium in Kampala, Uganda on September 20, 2010.
Wynne in meeting with New Jersey Representative Bill Pascrell and Ways and Means democratic members ...
Wynne in meeting with New Jersey Representative Bill Pascrell and Ways and Means democratic members on NAFTA and how they can work together to strengthen auto manufacturing in North America.
Office of the Premier Kathleen Wynne
Demetrios Marantis  US Deputy Trade Representative  speaks at the US-Africa Trade Press Conference h...
Demetrios Marantis, US Deputy Trade Representative, speaks at the US-Africa Trade Press Conference held at the World Economic Forum on Africa 2009 in Cape Town, South Africa
World Economic Forum
The Silk Road extending from southern Europe through Egypt  Somalia  the Arabian Peninsula  Iran  Ce...
The Silk Road extending from southern Europe through Egypt, Somalia, the Arabian Peninsula, Iran, Central Asia, Pakistan, India, Java-Indonesia, and Vietnam til it reaches China. Land routes are red, water routes are blue. The Black Death originated in China and spread by way of the Silk Road. It reduced the world's population from an estimated 450 million to between 350 and 375 million in 1400.
Wikimedia Commons
The new free trade area in Africa will create a market with a population of 625 mn and gross domesti...
The new free trade area in Africa will create a market with a population of 625 mn and gross domestic product of more than $1 tn
Roberto Schmidt, AFP
Varieties of soybeans (Glycine max).
Varieties of soybeans (Glycine max).
USDA Image Number K5267-7 - Scott Bauer
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at t...
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at the G20 Summit in Toronto, Canada
White House Photo by Pete Souza
Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
TRAFFIC
Sino Persian trade relations
Sino Persian trade relations
Cape Espenberg
Cape Espenberg
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Premier Wynne talks with Senator Gary Peters about trade policy.
Premier Wynne talks with Senator Gary Peters about trade policy.
Premier Kathleen Wynne
Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against...
Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against the New Orleans Pelicans at The Palace of Auburn Hills. New Orleans won 103-101. Jan. 24, 2014
With permission by Reuters / Tim Fuller-USA Today
Trade routes between Asia and Alaska
Trade routes between Asia and Alaska
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