Ireland's Leo Varadkar says EU has upper hand in U.K. trade talks
Irish Prime Minister Leo Varadkar believes the European Union has the upper hand in upcoming trade negotiations with Britain after Brexit, he said in an interview broadcast on Monday. Varadkar argued the size of the EU, which will comprise 27 countries once Britain has left ...
For businesses worldwide, virus in crucial Wuhan fans fear and uncertainty
China's worst health crisis in years has sparked fear and uncertainty for businesses from North America to Asia that depend on trade in the affected region. Experts say it's too soon to know how disruptive the crisis will prove. But it's already having an impact. McDonald's ...
Davos sees Trump's China love as short-term affair
Donald Trump tried hard to convince the world's elite this week that he and Chinese President Xi Jinping have left their trade war behind them and they've moved on to a brighter future. But many participants at the World Economic Forum in Davos, Switzerland, aren't ...
Japanese vehicle sales in South Korea fell 22% in 2019 amid boycotts
The number of Japanese vehicles sold in South Korea in 2019 fell 22.0 percent from the previous year, according to data from the Korea Automobile Manufacturers Association. The drop in sales, announced Wednesday, apparently reflects the effects of South Korean boycotts against Japanese products, following ...
Japan logs trade deficit for second year amid weak demand from China
Across Asia, Japan netted a surplus of ¥3.93 trillion, but its black ink shrank for a second year.
Trump heading to Switzerland as impeachment trial reconvenes
When President Donald Trump's historic impeachment trial is called to order in the Senate this week, he won't be watching from inside the chamber or on television from the White House. He'll be thousands of miles away at the Davos economic forum in the Swiss ...
Expect investment to lead the policy discussion and coordination for U.S. and Japanese officials though the end of the year.
Brexit spurs foreign policy balancing act for British leader Boris Johnson
Analysis Prime Minister Boris Johnson appears torn between the United States and the European Union as he tries to chart Britain's course on the international stage weeks before Brexit. From the fraught situation in Iran to controversy over the Chinese telecommunications giant Huawei, Johnson has been ...
Round one to Trump in U.S.-China trade war
The U.S. president emerges with the economy intact and his credibility enhanced.
The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement passed on an ...
China's trade surplus with U.S. dropped 8.5% to $296 billion in 2019
China's trade surplus with the United States narrowed last year as the world's two biggest economies exchanged punitive tariffs in a bruising trade war, data showed Tuesday, just as the two prepare to sign a deal dialing down tensions. The huge difference in trade traffic ...
Harvard scholar Joseph Nye sees role for Japan in U.S.-China 'cooperative rivalry'
Japan could play a "very important role" in balancing the "cooperative rivalry" between the United States and China, renowned American scholar Joseph Nye said in a recent interview. The Harvard University professor is skeptical about describing the current tensions between the world's two largest economies ...
