Vietnam to import U.S. energy following President Trump’s trade warnings

World 06/29/19, 15:14

Vietnam will import liquefied natural gas (LNG) among other goods from the United States, local state media reported. The move is a response to recent warnings by President Donald Trump that the country is a terrible trade abuser. According to Vietnam Television (VTV), Vietnamese Prime Minister Nguyen Xuan Phuc met President ...

Markets Right Now: Stocks fall on trade, Qualcomm ruling

Business 05/22/19, 11:05

The latest on developments in financial markets (all times local): 11:55 a.m. Stocks are lower at midday Wednesday as investors eye developments in the U.S.-China trade dispute. Tech stocks declined. Efforts by the Trump administration to restrict technology sales to Chinese companies have caused volatility in shares of technology companies this week, particularly ...

Stocks rebound after US eases off China sales restrictions

Business 05/21/19, 12:35

Stocks marched broadly higher on Wall Street in afternoon trading Tuesday, placing the market on track to snap a two-day losing streak. The rally followed the U.S. government's decision to temporarily ease off proposed restrictions on technology sales to Chinese companies. The news gave a boost to technology sector stocks, which ...

American distillers welcome end of tariffs in Canada, Mexico

Business 05/20/19, 11:04

American whiskey producers feeling the pain from the Trump administration's trade disputes have gotten a shot of relief with an agreement that will end retaliatory tariffs that Canada and Mexico slapped on whiskey and other U.S. products. The whiskey industry hailed the arrangement to ease trade tensions among the North American ...

Report: More companies in China handing over technology

Business 05/19/19, 22:54

BEIJING (AP) — The number of foreign companies that feel compelled to hand over technology in exchange for Chinese market access — an issue that sparked President Donald Trump’s tariff fight with Beijing — has doubled since two years ago despite official promises to end such pressure, a business group ...

Trump delays imposing auto tariffs on auto imports and parts

Politics 05/17/19, 08:24

President Donald Trump is delaying any decision to impose auto tariffs on car and auto part imports, deciding against ratcheting up trade disputes or impacting talks with European nations and Japan. Trump announced his decision to delay for up to six months in a proclamation issued by the White House on ...

US industrial production slipped 0.1% in March

Business 04/16/19, 08:30

U.S. industrial production fell in March, pulled down by a drop in mining output. Factory output remained weak amid a slowing global economy and trade tensions with China. The Federal Reserve says industrial output — combining production at factories, utilities and mines — slipped 0.1% in March from the previous month. The ...

Top IMF official warns global economy facing various threats

Business 04/11/19, 10:49

The head of the 189-nation International Monetary Fund says the world is facing a time of high uncertainty with 70 percent of the global economy caught in a growth slowdown that could be worsened by self-inflicted wounds such as unnecessary trade battles. IMF Managing Director Christine Lagarde says that while her ...

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