French President Emmanuel Macron told US President Donald Trump late Thursday (May 31) that tariffs on steel and aluminium imports from the European Union (EU) were ‘illegal’ and that the EU would respond in a ‘firm and proportionate manner’, the Elysee Palace said.
U.S. employers are thought to have hired at a solid pace in May and helped extend the economy’s nearly nine-year expansion — the second-longest on record — despite uncertainty caused by trade disputes.
The United States and China are pulling back from the brink of a trade war after the world’s two biggest economies reported progress in talks aimed at bringing down America’s massive trade deficit with Beijing.
European Union leaders agreed on Wednesday to try to keep the Iran nuclear deal alive and maintain their reviving economic cooperation with Tehran after U.S. President Donald Trump withdrew from the pact.
North Korea sent shock waves through the Trump administration’s hope for a history-making summit with Kim Jong-un, angrily canceling a planned meeting with South Korean officials Wednesday to protest joint U.S.-South Korean military exercises and calling into doubt President Trump’s announced meeting with Mr. Kim in Singapore in less than a month.
The United States wants China to give a timetable on how it will open up its markets to U.S. exports as the two countries are still ‘very far apart’ on resolving trade frictions, U.S. Ambassador to China Terry Branstad said on Tuesday.
China’s surplus with the United States widened in April, underlining an imbalance between the economic titans as they struggle to reach an agreement on averting a potentially damaging trade war.
A top Russian official said bilateral relations and trade with Iran could actually be enhanced if President Trump follows through on a threat to take the United States out of the 2015 nuclear deal with Tehran next week.
U.S. intelligence agencies’ far-reaching conclusion that Vladimir Putin interfered in the 2016 presidential election to specifically help Donald Trump was flawed by ‘tradecraft failings,’ says a House report.
U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Argentina, Australia and Brazil, the White House said on Monday.
President Trump welcomed French President Emmanuel Macron on Monday for the administration’s first state visit, cementing the close alliance between the two countries with a whirlwind of events that include a Marine One helicopter tour of Washington and a private dinner at Mount Vernon.
U.S. President Donald Trump welcomes French President Emmanuel Macron to the White House on Monday to kick off a three-day state visit expected to be dominated by U.S.-European differences on the Iran nuclear deal and trade.
The renegotiations for the North American Free Trade Agreement are ’70-80 percent’ complete and discussions on remaining issues could be completed in the next two to three weeks, Mexico’s top economic official said Thursday.
China is using its $1 trillion-plus investment initiative in infrastructure projects as a way to expand its military footprint, projecting power and influence around the globe from the Horn of Africa into the Middle East and South Asia, says a report released this week.
White House economic adviser Larry Kudlow on Tuesday downplayed the likelihood of the U.S. rejoining the Trans-Pacific Partnership trade agreement, saying the request by President Trump is more of a ‘thought than a policy’ right now.
Russia’s stock market opened lower on Monday morning, amid renewed concerns over the prospect of imminent U.S. sanctions.
President Trump directed U.S. trade officials Thursday to explore rejoining the Obama administration’s free-trade deal with Pacific Rim nations, an agreement that Mr. Trump withdrew from last year, as he sought to ease farmers’ concerns about a tariff feud with China.
China’s commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington’s attempts at dialog were not sincere, and vowed to retaliate should US President Donald Trump escalate current tensions.
Chinese President Xi Jinping said on Tuesday that his country will reduce tariffs on automobiles imported into the country.
Escalating his trade feud with China, President Trump ordered his administration Thursday night to consider adding another $100 billion worth of tariffs on Chinese products.