Trump threatens to pull US out of World Trade Organization
President Donald Trump has threatened to withdraw the US from the World Trade Organization (WTO) if the body fails to change the way it treats America.
Trade
U.S., Canadian trade negotiators go down to wire with looming deadline for NAFTA deal
U.S. and Canadian officials on Thursday frantically tried to hammer out final sticking points for a deal to replace the North American Free Trade Agreement, with one day left before President Trump’s deadline for an agreement.
Canada’s Freeland says NAFTA trade talks with U.S. ‘very intense’
Canadian Foreign Minister Chrystia Freeland said on Wednesday that NAFTA trade negotiations with the United States were at a ‘very intense moment’ and Canada was looking for compromises that were ‘win-win’ for all sides.
Trump makes trade agreement with Mexico to replace NAFTA, puts pressure on Canada to deal
President Trump heralded a tentative trade deal with Mexico on Monday as a big win for his get-tough trade policies, which he said put Canada on the spot to start its own negotiations with the U.S. or face higher tariffs on autos.
More floods threaten Hawaii as tropical Storm Lane drifts away
Tropical Storm Lane, greatly diminished from the major hurricane it once was, drifted away from the Hawaiian coast on Saturday, but lingering showers threatened to trigger more flooding and landslides.
US and Mexico close to reaching NAFTA deal, sources say
The United States and Mexico look close to resolving key differences on the North American Free Trade Agreement and may have a complete deal worked out by as early as Monday, according to sources close to the talks.
No sign of progress as U.S.-China trade talks wrap up
Trade talks between the U.S. and China failed to produce any visible sign of progress, reducing the prospects of a deal soon, people closely tracking the talks said.
U.S. and China officials meet as Thursday tariff deadline looms
U.S. and Chinese officials met for the first time in more than two months to try find a way out of their deepening trade conflict, but there was no evidence that the low-key discussions would halt a new round of U.S. tariffs due on Thursday.
US, China impose further tariffs, escalating trade war
The United States and China escalated their acrimonious trade war on Thursday (Aug 23), implementing punitive 25 percent tariffs on US$16 billion worth of the other’s goods.
Stocks reach new all-time high, despite Trump’s trade threats and Fed criticisms
Stock markets hit a new all-time high Tuesday as they approached the longest bull market in modern history, despite President Trump’s recent statements on trade and monetary policy that have unnerved some business leaders.
Erdogan vows Turkey will not be cowed by US
Turkish President Recep Tayyip Erdogan declared Saturday that his country would not be cowed by the United States, his latest broadside in the bitter feud between Ankara and Washington.
Global dividends jump to record high in the second quarter amid trade war concerns
Global dividends jumped 12.9 percent year-on-year in the second quarter to $497.4 billion, hitting a new record, according to a report on the Janus Henderson Global Dividend Index.
Wall St. rallies on solid earnings, U.S.-China trade talks
U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.
Mexico unsure if it will finish NAFTA talks with U.S. in August
Mexico’s economy minister on Wednesday said that Mexico and the United States may not meet an August goal to finish bilateral talks to revamp the NAFTA trade deal, which is beset by disagreements over automobile trade rules and other issues.
Qatar to invest $15bn in Turkey amid lira currency crisis
Qatar has pledged to invest $15 billion in Turkey as Ankara rolls out measures to strengthen the lira amid a trade spat with the US.
Turkey braces for hard times amid currency crisis, US spat
Some Turks are reacting with defiance to their plunging currency and an escalating trade and political dispute with the United States – an indication that they are ready to endure economic pain and risk further deterioration in a key, yet troubled alliance dating from the Cold War.
Man arrested at New Mexico compound is son of imam with possible link to 1993 World Trade Center bombing
The man arrested at a squalid New Mexico compound is the son of a controversial Brooklyn imam who was on a list of people who ‘may be alleged as co-conspirators’ to the 1993 World Trade Center bombing, according to court documents released by prosecutors Wednesday. Siraj Wahhaj, who shares a name with his son who was arrested Saturday, testified as a character witness for Sheik Omar Abdel Rahman, the notorious ‘blind sheikh’ who was convicted in 1995 of plotting terror attacks in the U.S.
All you need to know about the escalating diplomatic row between Saudi Arabia and Canada
Saudi Arabia and Canada are currently locked in a diplomatic spat over human rights, with both countries refusing to back down despite a breakdown in future trade deals, suspended passenger flights and a flurry of other sanctions.
‘Mobster mentality’: China slams Trump’s trade moves, retaliates with 25% tax on U.S. products
China said Wednesday it will impose a 25-percent tax on hundreds of U.S. products, the latest retaliation in a trade war that’s raising anxiety among American farmers and other businesses about their prospects for the rest of the year.
With the Return of US Sanctions, EU Enacts Statute Aimed at Keeping European Companies in Iran
In a bid to sustain trade and economic relations with Iran, the European Union is looking to its so-called ‘blocking statute’ that will forbid European companies from complying with enacted U.S. sanctions.