U.S. to lift China currency manipulator tag ahead of trade deal

Business Jan 14, 2020

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 ...

France and U.S. set two-week target for digital tax deal

Business Jan 8, 2020

France and U.S. set two-week target for digital tax deal

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 Nov 18, 2019

Trump to tour Apple's Austin manufacturing plant Wednesday

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. ...

U.S. and China agree to resume trade talks, sending stocks up

Business Sep 6, 2019

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 ...

Trump aides downplay 'order' to U.S. companies to leave China

Business Aug 26, 2019

Trump aides downplay 'order' to U.S. companies to leave China

Donald Trump's top aides Sunday downplayed the idea of U.S. companies being forced to abandon China anytime soon, as an edict from the president ordering businesses to start looking for alternatives has been met with skepticism. Treasury Secretary Steven Mnuchin and White House economics adviser ...

U.S. and China seeking to revive trade talks, Trump adviser says

Business Aug 19, 2019

U.S. and China seeking to revive trade talks, Trump adviser says

Washington and Beijing are working actively to revive negotiations aimed at ending the trade war that has rattled world markets, Donald Trump's chief economic adviser said Sunday. If teleconferences between both sides' deputies pan out in the next 10 days "and we can have a ...