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Trade News

Trump threatens tariffs on all $505bn of Chinese imports

Washington - US President Donald Trump said in an interview released Friday he is willing to hit all Chinese goods imported to the United States with tariffs if necessary."I'm ready to go 500," the Republican leader told the US network CNBC, referring to the $505.

Auto industry pleads against new Trump tariffs

Washington - The auto industry pleaded Thursday with US President Donald Trump's administration to reject tariffs on vehicle imports, which they say could cripple domestic manufacturing and cause job losses.

Canada is ready to get tough with Trump on trade

Canadian Prime Minister Justin Trudeau announced a reshuffle of his Cabinet on Wednesday. As part of the reshuffle, Trudeau said Jim Carr would become minister of international trade diversification.

US expects to restart NAFTA talks soon: commerce secretary

Washington - Talks to revamp the North American Free Trade Agreement could resume shortly, US Commerce Secretary Wilbur Ross said Thursday.

French automaker PSA confirms plans to re-enter US market by 2026

Detroit - French automaker PSA confirmed Thursday its plan for a gradual return to the US market even if Washington follows through on a threat to impose tariffs of up to 25 percent on auto imports.

EU warns it will retaliate if US imposes auto tariffs

Apo - The EU said Thursday it will try to defuse a transatlantic trade row next week in Washington but is drawing up a list of imports to target if the US imposes tariffs on cars.

Trump efforts to split EU 'are in vain', Juncker says

Apo - European Commission chief Jean-Claude Juncker said US efforts to split the EU on trade "are in vain," in a message Wednesday to President Donald Trump before their talks in Washington next week.

US to respond to concerns over trade policy at G20: official

Washington - US Treasury Secretary Steven Mnuchin will have the opportunity to address concerns about Washington's trade policies during a meeting of the world's leading finance ministers this weekend, a senior Treasury official said Tuesday.

PSA eyeing Canada amid Trump auto tariff threat

Detroit - French automaker Groupe PSA may turn to Canada rather than entering the US market if Washington follows through on threats to impose blanket tariffs on auto imports, the company's regional chief said Tuesday.

EU, Japan sign major trade deal in 'message against protectionism'

Apo - Japan and the EU signed a sweeping free trade deal Tuesday saying they were sending a "clear message" against protectionism, as Washington puts up barriers and threatens a trade war.

Europe, Japan sign massive free trade deal

Apo - The EU and Japan signed a sweeping free trade deal Tuesday that officials called a "clear message" against protectionism, as Washington imposes controversial tariffs and threatens a trade war.

US challenges trade war counter-tariffs at WTO

Washington - The United States on Monday launched challenges at the World Trade Organization to hit back at the major trading partners who have retaliated against President Donald Trump's tariffs on metals and goods from China.

EU warns Sri Lanka over death penalty

Colombo - EU ambassadors warned Sri Lanka on Monday against ending its 42-year moratorium on capital punishment and said the island risked losing trade concessions if it went ahead.

EU urges big powers to avert trade 'conflict and chaos'

Bejing - The European Union on Monday urged the United States, China and Russia to work together to ease worsening global trade tensions, warning that they could otherwise spiral into "conflict and chaos".

EU urges big powers to prevent trade 'conflict and chaos'

Bejing - The European Union on Monday called on the United States, China and Russia to work together to avoid trade "conflict and chaos" to prevent it spiralling into violent confrontation.

As trade war rages, Trump flags fly out of China factory

Fuyang - As the China-US trade war rages, a factory set amid corn and mulberry fields in central China stitches together US and "Trump 2020" flags -- and business is good.

EU takes anti-Trump trade show to China and Japan

Apo - The European Union's top officials will meet the leaders of China and Japan next week to boost ties in the face of fears that US President Donald Trump will spark an all-out global trade war.

Italy's Di Maio says parliamentary majority will reject EU-Canada trade deal

Milan - Italy's deputy prime minister Luigi Di Maio said Friday that a majority in parliament would reject an EU-Canada free trade deal, thereby threatening to scupper the entire agreement.

China's trade surplus with US swells in June

Bejing - China's surplus with the United States hit a record last month, data showed Friday, adding to brewing tensions between the economic superpowers as they stand on the brink of an all-out trade war that Beijing warned would have a "negative impact" global...

China's trade surplus with US swells in June

Bejing - China's surplus with the US swelled in June, data showed Friday, likely stoking tensions with Donald Trump, who has imposed tariffs on billions of dollars of Chinese goods citing unfair trade practices.

Trump pursues hardline trade policies, despite costs

Washington - Unleashing another barrage of punitive trade tariffs on thousands more Chinese products, President Donald Trump has shown he is willing to pursue hardline policies -- no matter the cost.

Irish Senate backs law banning trade with Israeli settlements

Dublin - The Irish Senate gave its support Wednesday to a draft law prohibiting the import of goods produced in occupied territories around the world, including Israeli settlements considered illegal under international law.

Trade war: US takes aim at $200 bn in Chinese goods

Washington - The United States has escalated a trade war with China, threatening to impose fresh tariffs on another $200 billion in Chinese goods as soon as September, sparking a furious reaction in Beijing.

US lists $200 bn in Chinese goods to be hit with tariffs

Washington - The United States late Tuesday listed the $200 billion in Chinese export goods that could be hit with tariffs of 10 percent as soon as September, escalating the trade war between the world's two largest economies.

Illegal ivory openly sold across Europe: study

Apo - Traders are selling illegal ivory openly across the European Union through a loophole allowing trade in "antique" items, the campaign group Avaaz charged Tuesday.

NATO, Russia, friends, enemies: Trump reshuffles the deck

Washington - For Donald Trump, America's "worst enemies" are sometimes "our so-called friends.

US farmers caught in trade war with China

Terry Davidson expects to be farming long after the US-China trade tariffs that took effect Friday become a distant memory.

China eyes eastern Europe investment as US trade war sizzles

Sofia - As a trade war rages between China and the US, Chinese Premier Li Keqiang is meeting leaders from central and eastern Europe in Bulgaria on Saturday to discuss investment opportunities.

Chinese PM says a trade war benefits no-one

Sofia - China's prime minister warned on Friday that there can be no winners in a trade war, hours after new US tariffs on Chinese goods kicked in with Beijing retaliating immediately.

US, China fire first shots in 'largest trade war in economic history'

Washington - The US and China on Friday launched tit-for-tat tariffs on each other's imports, the opening shots in what Beijing called "the largest trade war in economic history" between the world's top two economies.
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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
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
Varieties of soybeans (Glycine max).
Varieties of soybeans (Glycine max).
USDA Image Number K5267-7 - Scott Bauer
Sino Persian trade relations
Sino Persian trade relations
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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
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
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.
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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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
Cape Espenberg
Cape Espenberg
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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
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Trade routes between Asia and Alaska
Mail Online
Premier Wynne talks with Senator Gary Peters about trade policy.
Premier Wynne talks with Senator Gary Peters about trade policy.
Premier Kathleen Wynne