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 ...
Mark Zuckerberg appears in Congress as Facebook faces scrutiny over Libra cryptocurrency plans
Facebook CEO Mark Zuckerberg faced bipartisan, hostile questions in a congressional hearing Wednesday focused on the social media company's plans to launch its own cryptocurrency known as Libra. Zuckerberg acknowledged concerns about the Libra project, saying he would not allow Facebook to move forward unless ...
President Donald Trump and China's Xi Jinping have plenty of reasons to call off their trade war. Both face weakening economies that would likely further deteriorate if their conflict escalates. Both are up against a formidable adversary that shows no inclination to yield. Both are tangled in ...
U.S. and Japan ink limited trade deal, restoring some benefits to American firms lost in TPP exit
The deal comes at a time when other parts of the Trump administration’s trade agenda have stalled.
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 ...
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. House panel says 'time is of the essence' in Trump tax return fight
A U.S. House of Representatives committee on Tuesday urged a federal judge to quickly resolve its bid to obtain President Donald Trump's tax returns, which the Trump administration has refused to turn over. In a filing in the U.S. District Court for the District of ...
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 ...
Top U.S. and Chinese trade negotiators to meet face-to-face for first time since Trump-Xi meeting
Top U.S. and Chinese negotiators will meet face-to-face next week for the first time since the countries' leaders agreed in June to revive talks aimed at ending a yearlong trade war between the world's two largest economies. The United States and China have been embroiled ...
U.S.-China trade talks continue and in-person meeting may be planned, Steve Mnuchin says
U.S. and Chinese officials will speak on Thursday, potentially paving the way for in-person trade talks to resume, U.S. Treasury Secretary Steven Mnuchin said on Thursday, as the world's two largest economies seek to end a year-long trade war. Mnuchin and U.S. Trade Representative Robert ...
