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Trade News

France, US agree to extend digital tax row talks

Paris - Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington's threat of sanctions against Paris, French officials said Tuesday.

France, US agree to extend digital tax row talks: French diplomat

Paris - Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington's threat of sanctions against Paris, a French diplomatic source said Monday.

Belgium region 'totally opposes' Mercosur trade pact

Apo - Belgium's southern Wallonia region, which briefly blocked an EU-Canada trade deal in 2016, said Monday it was "totally opposed" to Europe's new trade pact negotiated with South America's Mercosur grouping.

EU warns of WTO challenge if China-US deal creates 'distortions'

Bejing - The European Union will challenge the China-US trade agreement at the World Trade Organization if it creates "distortions" in the market that harm EU companies, the bloc's envoy to Beijing said Friday.

US, China sign 'momentous' trade deal

Washington - The United States and China signed a truce in their trade war on Wednesday after nearly two years of tensions, bringing relief to markets but largely leaving massive tariffs in place.

Trump hails 'momentous' US-China trade deal ahead of signing

Washington - President Donald Trump on Wednesday ended two years of escalating trade battles with China, with a partial agreement to resolve some areas of conflict.

US, China sign 'momentous' trade deal

Washington - After nearly two years of conflict between the world's two dominant economic powers, the United States and China signed a trade truce on Wednesday, letting businesses around the globe breathe a sigh of relief.

US, Japan, EU seek new global rules limiting subsidies

Washington - Washington, Tokyo and Brussels on Tuesday joined forces in calling for stronger global rules against government subsidies that distort trade, a practice China has long been accused of exploiting.

US Treasury removes currency manipulator label on China

Washington - The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the economic powers after nearly two years of conflict.

China confirms negotiator to sign trade deal in US next week

Bejing - China said Thursday that Vice Premier Liu He will travel to Washington next week to sign the "phase one" deal with the United States that has lowered trade tensions between the world's two biggest economies.

N. America trade deal advances in Senate but delay possible

Washington - The US Senate Tuesday took a step toward ratification of the new trade pact with Mexico and Canada, but final timing remained in doubt amid an impasse over President Donald Trump's impeachment trial.

China slams US defence act over trade restrictions

Bejing - Beijing on Thursday said it "firmly opposes" trade restrictions included in a new US defence act, having already admonished the bill for interfering in China's internal affairs.

EU chief says UK risks more in post-Brexit trade talks

Strasbourg - European Commission chief Ursula von der Leyen warned Wednesday that failing to rapidly negotiate a new trade deal after Brexit would hurt Britain more than it would the EU.

US trade negotiator hails 'remarkable' deal with China

Washington - The US-China trade deal is "remarkable" in scope but it won't solve all the problems between the world's two biggest economies, the top US negotiator said Sunday.

Mexico rejects bid in US Congress to impose trade-pact inspectors

Mexico - Mexico rejected on Saturday an attempt in the US Congress that would send American inspectors into Mexican factories to ensure they respect labor protections provided by the new North American trade pact.

Path to softer Brexit? UK PM's big win gives him leeway

London - The scale of the Conservative victory in Britain's election makes Britain's exit from the European Union all but inevitable but could lead to a softer split, analysts said on Friday.

Mexico ratifies modified N. American trade deal

Mexico - The Mexican Senate ratified the modified North American free trade agreement with the United States and Canada on Thursday after more than two years of arduous negotiations.

The US-China trade war: where are we now?

Washington - For the second time in as many months, US President Donald Trump suggested Thursday that Washington and Beijing were on the brink of a major trade agreement.

Chinese businesses boost self-reliance as trade war rolls on

Bejing - Whether Beijing and Washington reach a trade deal or not, China is already speeding up efforts to break its reliance on a country that is one of its biggest economic partners but also its biggest adversary.

WTO chief details bid to save appeals panel

Geneva - The head of the World Trade Organization said Tuesday that he intends to put new issues "on the table" in negotiations to save the body's appeals court, which shuts down at midnight.

US, Mexico, Canada finalize trade deal

Mexico - The United States, Mexico and Canada signed a deal Tuesday to finalize their new trade agreement, paving the way to ratification after more than two years of arduous negotiations.

US, Mexico, Canada to sign deal finalizing trade agreement

Mexico - The United States, Mexico and Canada will sign an "initial deal" Tuesday finalizing the USMCA trade agreement, Mexican President Andres Manuel Lopez Obrador said.

US, China working to delay Dec 15 tariffs: report

Washington - US and Chinese officials are working on a deal to postpone a round of tariffs set to hit Chinese imports in five days, according to a media report on Tuesday.

European companies minimise risks from US-China trade war

Bejing - European companies in China have been able to minimise the effect from the tariff war between Beijing and Washington, although some are considering relocating their businesses, the EU Chamber of Commerce said Monday.

Mexico rejects US demand for trade deal 'supervisors'

Mexico - Mexican President Andres Manuel Lopez Obrador said Tuesday he would not accept a US proposal for supervisors to oversee the implementation of Mexico's labor reforms under the countries' new trade deal.

US re-imposes steel, aluminum tariffs on Brazil, Argentina

Rio De Janeiro - US President Donald Trump on Monday announced plans to reimpose tariffs on steel and aluminum from Brazil and Argentina, hitting back at what he called their "unfair" policies.

US, Mexico, Canada negotiators making final USMCA push

Washington - The top United States, Mexican and Canadian trade negotiators met on Wednesday in an effort to put the final touches on a regional free trade agreement that can pass muster in the US Congress.

US, Mexico, Canada negotiators making final USMCA push

Washington - US, Mexican and Canadian trade negotiators met on Wednesday in an effort to put the final touches on a regional free trade agreement that can pass muster in the American Congress.

Trump lukewarm on Hong Kong as trade talks enter 'final' stage

Washington - President Donald Trump offered lukewarm support to Hong Kong pro-democracy protesters Tuesday, saying he trusts President Xi Jinping to resolve the crisis, as US-Chinese trade talks enter their "final throes.

US, China each say they are in no hurry for trade deal

Washington - US President Donald Trump and his Chinese counterpart Xi Jinping both insisted Friday they would resist pressure to give ground on a trade deal that Washington's leader said could be "very close.
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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
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With permission by Reuters / Tim Fuller-USA Today

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