Trump threatens to hike tariffs on $200B of Chinese imports
President Donald Trump raised pressure on China with a threat to hike tariffs on $200 billion worth of Chinese goods in a tweet that sent global financial markets swooning on Monday.
Trade
Iranian Foreign Minister Set to Meet with North Korean Leaders ‘Soon’
Iran’s foreign minister Mohammed Javad Zarif is planning to meet with North Korean leaders ‘soon,’ according to the Islamic Republic’s state-run IRNA television.
China, U.S. start latest trade talks after ‘nice’ working dinner
China and the United States began their latest talks in Beijing on Wednesday aimed at ending a bitter trade war, after U.S. Treasury Secretary Steven Mnuchin said he had a ‘nice’ working dinner the night before with China Vice Premier Liu He.
Trump Says U.S. Withdrawing From Treaty Regulating Conventional Weapons
U.S. President Donald Trump said he would withdraw U.S. backing for a treaty that sought to regulate the global trade in small arms and other conventional weaponry.
Trump is ‘a threat to our world order’
Donald Trump has been branded a ‘threat to our world order’ and unworthy of a state visit, after he moved to pull the United States from the international Arms Trade Treaty.
Gold worth billions smuggled out of Africa
Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found.
Sudanese Christians Eye Democratic Sudan As Ticket Out of Persecution
Muslims and Christians in Sudan are unifying under the banner of democracy after a rare window of opportunity opened following the ousting of longtime military dictator Omar Al-Bashir.
Moscow Close To Finalizing Deal To Lease Syria’s Tartus Port For 49 Years
Syrian President Bashar al-Assad met senior Russian officials for talks in Damascus on April 20, with both countries’ state media saying a deal was close to lease out Syria’s Tartus port to Russia.
New North American trade deal modestly boosts U.S. economy, trade panel finds
The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday.
US trade deficit narrows to $49.4 billion in February
The U.S. trade deficit fell for the second straight month in February, and the politically sensitive deficit in the trade of goods with China narrowed.
Trade agreement ahead? Treasury’s Mnuchin says China talks near ‘final round’
The nearly yearlong trade war between the U.S. and China that raised the prices on billions of dollars’ worth of Chinese goods may be nearing an end.
Europe slams ‘exaggerated’ US tariff threat and prepares to retaliate
The EU has hit back at new U.S. proposals to target European goods with tariffs, following a World Trade Organization (WTO) ruling over subsidies for Airbus.
Trump: US to Put Tariffs on $11B in EU Goods
President Donald Trump says the United States will impose new tariffs on more than $11 billion worth of exports from the European Union, after the World Trade Organization ruled last year the EU was illegally subsidizing aircraft maker Airbus.
IMF forecast: Global growth will weaken this year to 3.3%
The International Monetary Fund on Tuesday downgraded its outlook for growth in the United States, Europe, Japan and the overall global economy and pointed to heightened trade tensions as a key reason.
New NAFTA deal ‘in trouble’, bruised by elections, tariff rows
More than six months after the United States, Mexico and Canada agreed a new deal to govern more than $1 trillion in regional trade, the chances of the countries ratifying the pact this year are receding.
Saudi Arabia is reportedly mulling ‘nuclear option’ of stripping the US dollar from oil trade
The U.S. dollar is the dominant currency in oil trading, but Saudi Arabia is reportedly considering selling its crude in other currencies if American lawmakers pass an anti-OPEC bill.
Despite Further Talks, No US-China Deal Yet
The U.S. president and the vice premier of China confirmed on Thursday that while significant progress has been made, there is no new trade agreement yet between the world’s two largest economies.
U.S. disaster aid won’t cover crops drowned by Midwest floods
The Black Hawk military helicopter flew over Iowa, giving a senior U.S. agriculture official and U.S. senator an eyeful of the flood damage below, where yellow corn from ruptured metal silos spilled out into the muddy water.
U.S., China resume trade talks in Beijing after ‘productive working dinner’
U.S. Treasury Secretary Steven Mnuchin said on Friday he had a ‘productive working dinner’ the previous night in Beijing, kicking off a day of talks aimed at resolving the bitter trade dispute between the world’s two largest economies.
Trump turns to trade fights with Congress, China and Europe now that the Mueller probe is mostly out of the way
President Donald Trump will throw himself fully into his battle to overhaul U.S. trade deals this week with special counsel Robert Mueller’s Russia investigation — mostly — behind him.