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Trade News

French brace for 'massive' imports of South American beef

Sainte-c - Cedric Mandin, who raises some 800 Charolais cows with his brother in France's Vendee region, is the fourth generation of his family to own their farm, and he fears he will be the last.

Trump tells Xi US trade deficit with China 'not sustainable': W.House

Washington - US President Donald Trump told Chinese leader Xi Jinping he was disappointed about Washington's deepening trade deficit with Beijing, calling the situation "not sustainable," the White House said Tuesday.

China's global trade surplus falls, but grows with US

Bejing - Chinese exports and imports picked up steam last year thanks to strong global demand, data showed Friday, but its surplus with the United States, a sensitive issue with Donald Trump, widened.Exports expanded 7.9 percent while imports soared 15.

Canada hopes for breakthrough in next round of NAFTA talks: FM

Ottawa - Canada's foreign minister said Thursday she is hopeful for a breakthrough in the next round of continental free trade talks, despite a possible US withdrawal from the North American Free Trade Agreement (NAFTA).

Canada braces for possible US exit from NAFTA trade pact: source

Ottawa - Canada is bracing for a possible US withdrawal from the tripartite North American Free Trade Agreement, a source said Wednesday, ahead of the next round of negotiations due to start in Montreal later this month.

US slaps tariffs on Canadian paper imports

Washington - The United States hit Canada with yet another round of punitive import tariffs, this time for as much as 10 percent on paper used to print newspapers and books.

NAFTA has worked for US oil industry: executive

Washington - The US oil industry has benefitted from the free trade pact with Canada and Mexico, and an industry representative on Tuesday urged the Trump administration to keep the deal intact.

Macron pursues ambitious agenda on first official China visit

Paris - In Mandarin, Emmanuel Macron's name is rendered "Makelong", or "the horse vanquishes the dragon" -- an encouraging image for the French president as he heads to China on Sunday hoping to forge closer ties with President Xi Jinping.

Brazil closes out 2017 with record trade surplus

Bras - Brazil's road to economic recovery has passed another milestone with official data showing Tuesday that the country finished 2017 with a record trade surplus 40.5 percent higher than in the previous year.

Canada's G7 presidency: a 'progressive agenda' at risk

Montr - Prime Minister Justin Trudeau promises a "progressive agenda" for Canada's G7 presidency in 2018, but talks may once again hit a snag over climate change after the US withdrawal from the Paris agreement.

US union rips Ford plan to move electric vehicles to Mexico

Detroit - The United Auto Workers chief on Wednesday blasted Ford's decision to send production of electric vehicles to Mexico, out of its home base in Michigan.

Qatar emir, seeking new markets, starts West Africa tour

Dakar - Qatar's emir landed in Senegal on Wednesday at the start of a six-nation tour of West Africa as Doha seeks out new markets after Saudi Arabia and other Arab countries cut ties with the wealthy emirate.

President Xi puts his stamp on China's economy, permits more debt

Bejing - President Xi Jinping stamped his authority over China's economy at a major meeting ending Wednesday, which called for "reasonable" credit expansion, increased imports and more open markets and efforts to curb noxious pollution.

N. Korea 'agent' charged with WMD sale plot in Australia

Sydney - A Sydney-based "loyal agent of North Korea" has been charged with trying to sell missile parts and technology on the black market to raise money for Pyongyang in breach of international sanctions, Australian police said Sunday.

Norway or Canada? Britain weighs post-Brexit trade ties

Brussels - Brexit talks are set to enter their second phase, and Britain faces historic choices on its future relations with Europe, including a possible trade deal.

Global trade meeting ends with a wimper

Buenos Aires - The World Trade Organization concluded a ministerial meeting Wednesday with nothing significant to boast -- a meager outcome for its first gathering in the Donald Trump era.

US ready for North Korea talks 'without preconditions'

Washington - The United States is ready to begin talks on North Korea's nuclear disarmament without prior conditions, Secretary of State Rex Tillerson said Tuesday.

US says 'litigation-centered' WTO losing focus

Buenos Aires - The top US trade representative launched a broadside at the World Trade Organization on Monday, accusing it of losing its focus on trade negotiation and becoming a "litigation-centered" body.

WTO, under fire from US, meets in Buenos Aires

Buenos Aires - The World Trade Organization opened a conference Sunday under the cloud of US hostility to multilateral trade accords.The 164-member WTO is also wracked by disagreements over China and has been struggling to kickstart stalled trade talks.

Under-fire WTO meets in Buenos Aires

Buenos Aires - Under fire from the United States, wracked by disagreements over China and unable to kickstart stalled trade talks, the World Trade Organization meets under a cloud in Argentina from Sunday.

Mexico sees EU trade deal by end of month

Mexico - Mexico and the European Union are working to wrap up negotiations on a new version of their 17-year-old trade deal by the end of the month, the Mexican economy ministry said Tuesday.

Germany to cut diplomatic mission in North Korea

Washington - Germany will reduce its diplomatic mission in Pyongyang and require North Korea to shrink its presence in Berlin, Foreign Minister Sigmar Gabriel said Thursday after meeting his US counterpart.

N. Korea trade sanctions bite on borders with China, Russia

Hunchun - At the northeastern tip of North Korea, where the isolated, nuclear-armed country meets its giant neighbours China and Russia, United Nations sanctions on the regime over its weapons programmes are having an impact.

China warns of retaliation after fresh US trade probe

Bejing - China on Wednesday warned it would take the "necessary measures" to protect its businesses after the United States launched a new trade probe into China's possible aluminium dumping.

In Ireland, Brexit border risk awakens ghosts of the Troubles

Belfast - During the worst of the Troubles, this wedge of north Belfast was "Murder Mile", a neighbourhood which crystalized the Northern Ireland conflict pitting Catholic nationalists against Protestant loyalists.

Australia calls for US engagement in region amid China rise

Sydney - Australia warned on Thursday against American disengagement from Asia at a time of rising Chinese power as traditional US allies grow nervous about President Donald Trump's isolationist tilt.

US slaps import duties on Spanish olives, citing subsidies

Washington - The United States on Tuesday imposed import duties on ripe Spanish olives, saying preliminary findings indicated they were subject to unfair subsidies that harmed producers in California.

N. Korea calls US terror listing a 'serious provocation'

Seoul - North Korea condemned its US terror listing as a "serious provocation" on Wednesday, warning that sanctions would never force it to abandon its nuclear weapons programme.

New US sanctions on North Korea ships, Chinese traders

Washington - The United States unveiled new economic sanctions Tuesday targeting North Korean shipping and Chinese traders doing business with Pyongyang.

US industry gears up to save NAFTA

Washington - The business world is mobilizing to convince the Trump administration to save the North American Free Trade Agreement, which corporate leaders say has greatly benefited the world's largest economy for 23 years.
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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
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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
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A man hawks coffee beans on a wooden bike in a stadium in Kampala, Uganda on September 20, 2010.
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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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
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Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
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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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