Dec 3, 2016

U.S. allies hope for best as they reach out to Trump

America’s closest partners are putting a brave face on Donald Trump’s surprise election win while reaching out to try to shape his worldview and to preserve traditional alliances. Allies were rattled by Trump’s nationalist campaign rhetoric and by the haphazard way he has approached ...

Trump's Treasury pick targets taxes, trade reforms

Dec 1, 2016

Trump's Treasury pick targets taxes, trade reforms

President-elect Donald Trump’s pick to lead the U.S. Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities in order to achieve a sustained pace of 3 percent to 4 percent economic growth. The one-time Goldman ...

Nov 30, 2016

Trump confronting China on trade sets up backlash

If U.S. President-elect Donald Trump delivers on campaign pledges to get tough with China on trade, lining up against him likely will be another powerful adversary: American multinational corporations. These companies have more than $228 billion in China investments at stake in the event ...

Nov 27, 2016

Dutch destroy 190,000 ducks in first bird flu cull

Some 190,000 ducks were destroyed on Saturday at six farms in the Netherlands following an avian flu outbreak, the country’s first cull of an epidemic sweeping northern Europe. Outbreaks of avian flu, primarily the highly pathogenic H5N8 strain, have been reported in Denmark, Finland, ...

Trump taps billionaire investor Ross for commerce secretary

Nov 25, 2016

Trump taps billionaire investor Ross for commerce secretary

Wilbur Ross, the billionaire investor considered the “king of bankruptcy” for buying beaten-down companies with the potential to deliver profits, is President-elect Donald Trump’s choice for commerce secretary, a senior transition official said. The official isn’t authorized to publicly discuss the matter and requested ...

Nov 24, 2016

Japan to scrap tariffs on toys to help importers

The government plans to scrap its tariffs on toys in April to ease the burden on domestic makers that sell imported products, Finance Ministry sources said on Wednesday. About 80 percent of the nation’s toy companies make products overseas, such as in China, to ...