Business May 13, 2020
The two agreed on the need for "permanent changes" to be made to the WTO's dispute settlement system, Japan's Foreign Ministry said.
Business Feb 7, 2020
U.S. President Donald Trump said on Thursday the United States would formally initiate trade talks with Kenya, adding that he would "probably" sign a deal with the East African country. The announcement, made at a White House meeting between Trump and Kenyan President Uhuru Kenyatta, ...
Business Feb 6, 2020
The United States' expected "export boom" to China in the aftermath of the Phase 1 trade deal will be delayed, as China battles the rapidly spreading coronavirus, White House economic adviser Larry Kudlow said on Tuesday. Chinese factories, cities and transport links are shut as ...
Business Jan 16, 2020
China will boost spending on U.S. products in exchange for rolling back of some tariffs under an initial trade deal signed by the world's two largest economies Wednesday, defusing an 18-month row but leaving numerous thorny issues unresolved. Beijing and Washington touted the "phase one" ...
Business Jan 15, 2020
China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to a source, a target that could provide a much-needed boost for plane-maker Boeing but ...
Business Jan 14, 2020
Trade minister Hiroshi Kajiyama and U.S. Trade Representative Robert Lighthizer exchanged views Monday on reforming the World Trade Organization, which has become largely dysfunctional due to a shortage of members in its appellate body. Meeting in Washington, the Japanese and U.S. trade chiefs also confirmed ...
Business Jan 8, 2020
Paris and Washington have set a two-week deadline to end a row over a French proposal to tax multinational tech giants, French Finance Minister Bruno Le Maire said Tuesday. President Donald Trump last month unveiled sky-high retaliatory duties on $2.4 billion of French products from ...
Business Dec 31, 2019
White House adviser says China trade deal signing expected soon
The White House's trade adviser on Monday said the U.S.-China Phase 1 trade deal would likely be signed in the next week, but said confirmation would come from President Donald Trump or the U.S. Trade Representative. White House trade adviser Peter Navarro, in an interview ...
Business Dec 25, 2019
U.S. President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a signing ceremony to sign the first phase of the U.S.-China trade deal agreed to this month. "We will be having a signing ceremony, yes," Trump told reporters. "We will ...
Business Dec 16, 2019
Mexico will never accept 'disguised' labor inspectors under USMCA, says deputy foreign minister
Mexico's deputy foreign minister for North America, Jesus Seade, on Sunday attempted to rebut claims his country would be subject to labor enforcement inspectors from other countries as part of the new North American trade deal. Top officials from Canada, Mexico and the United States ...
Business Dec 16, 2019
Top U.S. trade negotiator hails 'remarkable' deal with China
The U.S.-China trade deal is "remarkable" in scope but it won't solve all the problems between the world's two biggest economies, the top U.S. negotiator said Sunday. "This is not just about agriculture and other purchases," U.S. Trade Representative Robert Lighthizer said in an interview ...
Business Dec 11, 2019
Trump's Dec. 15 China tariffs threaten a long list of Christmas favorites
U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China. The White House's top economic and trade advisers, ...