Trump presidency could cost U.S. economy $1 trillion, research firm says

Sep 14, 2016

Trump presidency could cost U.S. economy $1 trillion, research firm says

The U.S. economy could be $1 trillion smaller than otherwise expected in 2021 if Republican candidate Donald Trump wins the presidential election in November, economics research firm Oxford Economics said on Tuesday. While the firm said Trump’s policies — including more protectionist trade measures, ...

Sep 12, 2016

TPP members agree not to renegotiate sweeping free trade deal

The 12 countries that signed the Trans-Pacific Partnership free trade pact earlier this year agreed Monday that they will not renegotiate the deal, Japan’s TPP minister Nobuteru Ishihara said. The minister also told reporters the 12 nations confirmed they will move ahead with domestic ...

U.K. business 'fat and lazy', says country's trade minister

Sep 10, 2016

U.K. business 'fat and lazy', says country's trade minister

The British minister charged with boosting international trade post-Brexit has slammed the country’s businesses as being too “fat and lazy” to capitalize on the opportunity, the Times newspaper reported Saturday. “This country is not the free-trading nation that it once was,” Secretary of State ...

Sep 7, 2016

China vetoed from becoming second-biggest Australia farm owner

China would have become the second largest foreign owner of Australian farmland after the United Kingdom if the government had not vetoed the sale to Chinese interests of a major cattle empire, a report showed on Wednesday. The Australian government released the first ever ...

Aug 30, 2016

Trade dispute, policy divisions hang over Trudeau trip to China

Canadian Prime Minister Justin Trudeau will visit Beijing this week seeking deeper ties with China but a trade dispute, government divisions over China policy and the case of a detained citizen could limit his gains. China welcomed last year’s election victory by Trudeau’s Liberals, ...