Climate change gets first mention in G20 finance communique of Trump era
Finance officials from the world's 20 biggest economies (G20) on Sunday referenced climate change in their final communique for the first time in U.S. President Donald Trump's administration, but stopped short of calling it a major risk to the economy. The United States blocked including ...
No global digital tax by end of 2020 would mean chaos, France says
Failure to reach a global deal on where and how much to tax digital giants such as Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's finance minister said on Sunday. It would also likely trigger U.S. ...
France and U.S. agree to extend talks over tech tax
Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on tech titans to the end of the year, postponing Washington's threat of sanctions, French officials said Tuesday. French Finance Minister Bruno Le Maire, speaking before a ...
U.S. to lift China currency manipulator tag ahead of trade deal
Washington's abrupt declaration Monday that China is no longer a currency cheat — two days before the signing of a trade deal with Beijing — shows how U.S. President Donald Trump has turned a routine technical report on foreign exchange into a political cudgel. "It's ...
China's U.S. trade deal commitments not changed in translation: Steve Mnuchin
China's commitments in the "Phase 1" trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday. Mnuchin told Fox News ...
Steve Mnuchin says Boeing woes could lop a half-point from U.S. GDP
Troubles at aircraft maker Boeing Co. could trim about half a point from U.S. GDP in 2020 but economic growth should still come in at about 2.5 percent, said Treasury Secretary Steven Mnuchin. Mnuchin discussed the growth outlook, plans to sign the first phase of ...
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 ...
President Donald Trump is scheduled to tour an Apple Inc. manufacturing plant in Austin, Texas, on Wednesday, the White House said Sunday. The president plans to visit the plant along with Apple Chief Executive Officer Tim Cook, according to a tweet by spokesman Judd Deere. ...
After discussions with automakers including firms in Japan, the Trump administration may not need to place tariffs later this month on automobiles imported from the European Union and elsewhere, Commerce Secretary Wilbur Ross has said. "We've had very good conversations with our European friends, with ...
U.S. and China have 'come to understanding' on trade relationship direction, says Jared Kushner
The United States and China have come to an understanding on the direction of their trade relationship after a nearly 16-month trade war, White House adviser Jared Kushner said on Tuesday. Kushner, President Donald Trump's son-in-law, told a panel at the Future Investment Initiative conference ...
U.S. and China agree to resume trade talks, sending stocks up
China and the United States agreed Thursday to hold high-level talks in Washington in early October, encouraging investors who hope for a trade war thaw as new U.S. tariffs on Chinese consumer goods chip away at global growth. The new talks were arranged during a ...
Macron defuses French digital tax row, but Trump stays coy on wine threat
France and the United States reached a deal to end a standoff over a French tax on big internet companies, though U.S. President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a result. The compromise ...
