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Trade News

US tech firms to take hit from Huawei sanctions

Washington - The tough sanctions imposed on Huawei by President Donald Trump could deal a blow to the many US firms that make up the Chinese tech giant's supply chain.

Google and Android system start to cut ties with Huawei

San Francisco - US internet giant Google, whose Android mobile operating system powers most of the world's smartphones, said it was beginning to cut ties with China's Huawei, which Washington considers a national security threat.

EU firms 'caught in crossfire' of US-China trade war

Bejing - European firms are "caught in the crossfire" of the US-China trade war and fewer are optimistic about their future in the world's second-largest economy, a business survey showed Monday.

Google and Android system start to cut ties with Huawei

San Francisco - US internet giant Google, whose Android mobile operating system powers most of the world's smartphones, said Sunday it was beginning to cut ties with China's Huawei, which Washington considers a national security threat.

Canada aims to ratify trade deal after lifting of tariffs

Ottawa - Ottawa plans to proceed "full steam ahead" on ratification of a free trade agreement with the US and Mexico, Canada's foreign affairs minister said Saturday, after the neighbors scrapped reciprocal tariffs on steel and aluminum imports.

Trump lifts steel, aluminum tariffs on Canada, Mexico

Washington - President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement.

Huawei becomes flashpoint in China-US economic showdown

Washington - The US crackdown on Huawei has made the Chinese telecommunications giant the flashpoint in a monumental economic and technological showdown between the two superpowers that is testing allies of both.

US nears metal tariffs deal with Canada, Mexico: official

Washington - US Treasury Secretary Steven Mnuchin said Wednesday that Washington was close to resolving its differences with Mexico and Canada over steel and aluminum tariffs that have created friction among the trading partners.

US nears metal tariffs deal with Canada, Mexico: official

Washington - The United States is close to resolving its differences with Mexico and Canada over metal tariffs, US Treasury Steven Mnuchin said Wednesday.

Feud between Rwanda, Uganda strongmen takes toll

The people living on either side of the Ugandan-Rwandan border at Katuna never much considered the boundary: children crossed for school, workers moved freely and trade thrived.

Canada, Mexico push US to lift steel, aluminum tariffs

Ottawa - Canadian Foreign Minister Chrystia Freeland and Mexican officials on Tuesday called for the United States to lift steel and aluminum tariffs in order to create "true free trade" on the continent.

Trump calls trade war with China 'a little squabble'

Washington - President Donald Trump on Tuesday labeled the escalating trade war with China "a little squabble" and again accused Beijing of scuttling an agreement when it was near completion.

China's arsenal in the trade war against the United States

Bejing - Beijing's latest retaliation against US tariff hikes -- an increase on $60 billion of US imports from June 1 -- could leave China running low on ammunition in the trade war.

US-China trade war escalates as Beijing returns fire

Washington - The US-China trade war escalated Monday as Beijing announced it would raise painful tariffs on $60 billion in US exports by next month, responding in kind to President Donald Trump's decision last week to hike duties on hundreds of billions of dollars ...

Trump defends tariffs after advisor says 'both sides' suffer

Washington - US President Donald Trump on Sunday defended his tariff policy, insisting again that China will pay billions in duties to the US, after Trump's economic advisor raised eyebrows by saying both sides will suffer.

Tense future for US-China ties, with or without trade deal

Bejing - With or without a trade deal, US-China relations are destined to deteriorate as they enter an era of increasingly nationalistic rivalry in the diplomatic and economic arena, according to analysts.

US-China standoff heralds risky shake-up of global order: analysts

Paris - Flaring tensions between Washington and Beijing are raising the prospect of new global diplomatic and economic fault lines, with consequences that analysts say could pose unfamiliar challenges to world leaders.

China outlines three disagreements in US trade talks

Bejing - China's top trade negotiator said more talks will be held with the United States as he revealed what Beijing considers the three main differences keeping the two sides from reaching a deal.

Trump orders tariff hike on remaining Chinese imports

Washington - US President Donald Trump cranked up the heat in a trade battle with China on Friday, ordering a tariff hike on almost all remaining imports from the world's second-biggest economy, but Beijing said talks would continue to resolve the row.

US officials says China trade talks 'constructive'

Washington - Talks to end a worrisome US-China trade battle were "constructive," US Treasury Secretary Steven Mnuchin said Friday, a sign of hope that Washington and Beijing could seal a deal to avert damage to the global economy.

White House says talks with China to continue on Friday

Washington - Crucial trade negotiations with China will continue on Friday, the White House said late Thursday night, about 90 minutes before steep new tariffs were set to hit Chinese goods.

China's exporters fret over Trump tariffs

Bejing - With the eyes of the world on Washington for this week's high-stakes trade talks between China and the United States, none will be more focused than those of Chinese exporters who are increasingly worried about the impact of more tariffs.

It's everyday Americans who pay Trump's tariffs

Washington - President Donald Trump has repeatedly boasted that the tariffs he has imposed on trading partners are a financial windfall for the US treasury, but research shows it is Americans that bear the brunt of the impact.

China warns it 'won't capitulate' as US trade talks loom

Washington - China rejected US accusations of backtracking in trade talks and warned it would not "capitulate to any pressure" as the two sides head into make-or-break negotiations on Thursday.

Mexican president says US tomato tariffs will fuel migration

Mexico - President Andres Manuel Lopez Obrador said Wednesday the United States' "unjust" decision to impose tariffs on Mexican tomatoes will fuel migration by hurting an industry responsible for 1.4 million jobs in Mexico.

Trade dispute a 'big headwind' but US manufacturing sees solid growth: report

Washington - US trade disputes and the prospect of even more tariffs on China is a "big headwind" to American manufacturing but the sector still expects solid growth this year, according to an industry survey released Wednesday.

New trade tensions as US imposes tariffs on Mexican tomatoes

Mexico - The United States imposed tariffs on Mexican tomatoes on Tuesday, adding to tensions between the two neighbors just as debate deepens over their new -- but not yet ratified -- trade deal with Canada.The 17.

China's top trade negotiator to visit US despite tariffs

Bejing - China said Tuesday its top trade negotiator will visit the United States for talks with American counterparts this week even as Washington stepped up pressure with plans to hike tariffs and complaints that Beijing was backtracking on its commitments.

Central bank strike cripples Lebanon stock exchange

Beirut - The Beirut Stock Exchange said Monday it had been forced to halt trading because of an open-ended strike by central bank employees over proposed cuts to their benefits.

Trump ups pressure on China ahead of last ditch trade talks

Washington - US President Donald Trump announced Sunday that the United States will raise tariffs on $200 billion of Chinese goods -- a blunt warning to Beijing just days before what is being billed as a last-ditch round of talks to reach a deal or resume their tra...
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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.
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Premier Wynne talks with Senator Gary Peters about trade policy.
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A man hawks coffee beans on a wooden bike in a stadium in Kampala, Uganda on September 20, 2010.

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