China delays tariffs on US autos, other goods in trade deal

Business 12/14/19, 22:56

China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington. Sunday’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and to cut in half penalties that already were imposed. “China hopes ...

President Trump has productive talks with German chancellor at G-7 summit

Europe 08/26/19, 15:31

President Donald Trump met German Chancellor Angela Merkel on the sidelines for bilateral talks during the G-7 summit in Biarritz, France, on Monday, Aug. 26. Both leaders concurred the talks had been “productive.” Very productive meeting with Angela Merkel, the Chancellor of the Federal Republic of Germany, at the #G7Summit in Biarritz, ...

Kudlow says ‘no tax cuts, stimulus, or fighting recession’

U.S. 08/23/19, 16:35

President Donald J. Trump's top economic adviser, Larry Kudlow, said the U.S. economy is “in sound shape.” Kudlow told journalists outside the White House on Thursday that there is no need for tax cuts, or stimulus, or fighting recession. “We're not going to tamper with temporary tax cuts of any kind," ...

White House says Shanghai talks are ‘constructive’

U.S. 07/31/19, 17:18

U.S. and Chinese officials on Wednesday, July 31, began a 12th round of trade talks at the Xijiao State Guesthouse in Shanghai, China. U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer met with Chinese Vice Premier Liu He and his negotiating team that included Minister of Commerce Zhong ...

Mnuchin, Lighthizer arrive in Shanghai for trade talks

U.S. 07/30/19, 15:44

U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer arrived in Shanghai, China, for the next round of trade talks. Vehicles believed to be from the U.S. Consulate in Shanghai transporting Mnuchin and Lighthizer pulled up at the entrance of a luxury hotel in downtown Shanghai on Tuesday afternoon ...

US Treasury Secretary, Trade Rep heading to Shanghai for trade talks

U.S. 07/24/19, 18:31

U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer are heading for China early next week for talks intended to resolve the trade impasse between Washington and Beijing. Mnuchin told White House reporters that they will leave on Monday, July 29, for face-to-face trade negotiations since talks broke down in ...

Japan’s trade negotiator: US won’t impose quotas on autos

Business 05/17/19, 01:24

Japan's trade negotiator said Friday Washington won't be demanding any numerical restrictions on Japanese auto exports to the U.S. Toshimitsu Motegi, the economy minister, told reporters he had confirmed this by speaking with U.S. Trade Representative Robert Lighthizer. The comments could not immediately be confirmed after office hours in the U.S. Earlier, ...

Mnuchin sees progress on steel tariffs with Mexico, Canada

Business 05/15/19, 12:49

Treasury Secretary Steven Mnuchin says the U.S. is making progress in talks with Canada and Mexico over steel tariffs, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries. Appearing before a Senate Appropriations subcommittee Wednesday, Mnuchin also said he expects to soon travel to Beijing ...

Burned before, US pushes for way to enforce China trade deal

Business 05/09/19, 16:03

In trying to hammer out a trade agreement with China, the Trump administration may be drawing inspiration from classic rock, specifically The Who's anthem "Won't Get Fooled Again." Fed up with China for breaking past promises, the administration is insisting on provisions designed to force the Chinese to live up to ...

China confirms economy czar going to Washington for talks

Politics 05/07/19, 02:42

China's government has confirmed its economy czar will go to Washington as scheduled this week for trade negotiations despite President Donald Trump's threat of new tariff hikes in a fight over Beijing's technology ambitions. Tuesday's announcement indicated Beijing decided to go ahead with high-level negotiations despite fears it might cancel or ...

Asia stocks mixed, Tokyo declines after Trump trade threat

Business 05/07/19, 00:36

Asian stock markets steadied on Tuesday after Beijing said trade negotiators were preparing to go to Washington despite President Donald Trump's threat to escalate their tariff war. Benchmarks in Shanghai and Sydney rose. Hong Kong gave up early gains and Tokyo declined as trading resumed following a weeklong holiday. Trump's surprise threat ...

Update: US says higher tariffs on China to hit on Friday

Politics 05/06/19, 22:33

The Latest on the U.S.-China trade talks (all times local): ___ 5:15 p.m. People walk by a globe structure showing the United States of America on display outside a bank in Beijing, Monday, May 6, 2019. (AP Photo/Andy Wong) U.S. Trade Representative Robert Lighthizer says the higher tariffs on China that President Donald Trump ...

US stocks slide after threat from Trump to raise tariffs

Business 05/06/19, 17:01

Fresh market jitters over the possibility of an escalation in the costly trade war between the U.S. and China pulled stocks broadly lower on Wall Street Monday. President Donald Trump threatened over the weekend to raise tariffs on goods imported from China. Trump complained that the trade talks between the two ...

EU agrees terms for limited trade talks with US

Business 04/15/19, 07:58

The European Union approved Monday its terms for negotiating a new trade deal with the United States, but set up a possible show-down with Washington by refusing to include agricultural products in the talks. Making public the mandate for the EU's executive commission to conduct negotiations on their behalf, the bloc's ...

Shanghai leads gains in Asia as China-US talks resume

Business 03/29/19, 01:50

Mainland Chinese markets led Asian indexes higher on Friday, as the U.S. and China kicked off a fresh round of trade talks in Beijing.The Shanghai Composite index advanced 2.9 percent to 3,081.11 and Hong Kong's Hang Seng jumped 1 percent to 29,055.99. South Korea's Kospi gained 0.6 percent to 2,140.67.Japan's ...

China, US trade negotiators resume talks in Beijing

Politics 03/28/19, 21:12

Trade negotiators from China and the U.S. are resuming talks to try to resolve their tariff dispute over China's technology ambitions. Representatives of both sides arrived Friday morning at a government guest house in western Beijing where they posed for photos but did not comment about the state of negotiations in ...

High-level US and China trade talks to resume next week

Business 03/19/19, 16:03

Top U.S. trade and economic officials will visit China late next week for another round of negotiations, a White House official said Tuesday. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will lead the delegation, Trump administration officials said. The sources spoke on background because they weren't authorized to ...

WH official: US, China in ‘final weeks’ of trade talks

Business 03/12/19, 11:52

The top U.S. trade negotiator suggests that the U.S. and China are nearing an agreement that would end their trade conflict, but wouldn't commit to a specific time frame. "Our hope is that we are in the final weeks of having an agreement," U.S. Trade Representative Robert Lighthizer told the Senate ...

End of content

No more pages to load