BRUSSELS (Reuters) – Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could be reduced even further by the new coronavirus. The WTO said that, bas... More »
MEXICO CITY (Reuters) – The migration deal imposed on Mexico this week by U.S. President Donald Trump under the threat of punitive tariffs was a victory for “hostage-taking” over international rules, a former head of the World Trade Organization (WTO) said on ... More »
LONDON (Reuters) – British Prime Minister Theresa May should be given time to get her Brexit deal through parliament before making way for someone else to lead the next phase of negotiations with the European Union, a eurosceptic lawmaker from her Conservative... More »
MILAN (Reuters) – China is ready to strengthen its “global strategic partnership” with Italy, Chinese President Xi Jinping wrote in an Italian daily on the eve of his visit to the euro zone’s third-largest economy. “With my visit I wish to set out together wit... More »
WASHINGTON (Reuters) – The United States and China appear close to a deal that would roll back U.S. tariffs on at least $200 billion worth of Chinese goods, as Beijing makes pledges on structural economic changes and eliminates retaliatory tariffs on U.S. good... More »
NEW DELHI (Reuters) – India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter ... More »
WASHINGTON (Reuters) – U.S. President Donald Trump has appointed U.S. Trade Representative Robert Lighthizer to oversee a new round of trade talks with China aimed at defusing longstanding trade tensions and heading off a wider trade war, a White House officia... More »
BERLIN (Reuters) – Germany will not withdraw its political support for the Nord Stream 2 gas pipeline with Russia, its foreign minister said on Monday, as some lawmakers suggested curtailing the project to punish Moscow for its seizure of Ukrainian ships and t... More »
WASHINGTON/BEIJING (Reuters) – President Donald Trump and top U.S. officials said on Monday that a trade truce with China will lead to structural changes in Beijing’s economic policies, including lower tariffs, lower non-tariff barriers and more market access ... More »
ABOARD AIR FORCE ONE (Reuters) – U.S. President Donald Trump told reporters aboard Air Force One on Saturday he expects to agree to a two-week extension of funding ahead of a Dec. 7 deadline to fully fund the U.S. government because of former President George ... More »
MOSCOW (Reuters) – Russian Prime Minister Dmitry Medvedev has signed a decision imposing extra duties of 25-40 percent on some imports from the United States in response to Washington’s tariff move, the Russian economy ministry said on Friday. The extra duties... More »
GENEVA (Reuters) – Chinese and U.S. envoys sparred at the World Trade Organization on Monday over U.S. President Donald Trump’s claims that China steals American ideas, the subject of two lawsuits and a White House plan to slap huge punitive tariffs on Chinese... More »
GENEVA (Reuters) – The European Union told the World Trade Organization’s dispute settlement body on Monday that it had acted within days of a WTO ruling to bring its funding of planemaker Airbus into line with WTO rules, a trade official who attended the meet... More »
BEIJING (Reuters) – Hollywood’s push for greater access to China’s booming film market – delayed since last year – has become tangled in broader trade talks between Washington and Beijing, a potentially thorny position amid whipsawing trade relations. Negotiat... More »
NEW DELHI (Reuters) – India would lodge a trade dispute against the United States at the World Trade Organisation if Washington does not grant it exemptions from higher tariffs on steel and aluminum, three government officials involved in trade talks told Reut... More »
MUMBAI/NEW DELHI (Reuters) – India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world’s second-biggest smartphone marke... More »
U.S. President Donald Trump listens to reporters as walks with first lady Melania Trump on South Lawn of the White House upon their return to Washington, U.S., from Palm Beach, Florida, March 3, 2018. REUTERS/Yuri Gripas WASHINGTON (Reuters) – A top trade advi... More »
FILE PHOTO: Rep. Kevin Brady (R-TX), Chairman of the House Ways and Means Committee, arrives for a Republican conference meeting at the U.S. Capitol in Washington, U.S., December 20, 2017. REUTERS/Aaron P. Bernstein MEXICO CITY (Reuters) – An influential U.S. ... More »
Mexico’s chief negotiator Kenneth Smith speaks to journalists at the hotel where the seventh round of NAFTA talks takes place, in Mexico City, Mexico March 2, 2018. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – U.S., Mexican and Canadian trade experts leading... More »
U.S. President Donald Trump waves upon his arrival in West Palm Beach, Florida, U.S., March 2, 2018. REUTERS/Kevin Lamarque MEXICO CITY (Reuters) – From a hotel in Mexico City, Ann Wilson, a senior executive at the U.S. Motor and Equipment Manufacturers Associ... More »
WASHINGTON (Reuters) – U.S. President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on steel and aluminum imports triggered threats of retaliation from trading partners and a slide in s... More »
U.S. President Donald Trump holds a meeting where he announced that the United States will impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum at the White House in Washington, U.S., March 1, 2018. REUTERS/Kevin Lamarque WASHINGTO... More »
FILE PHOTO: Steel pipes for sale are displayed at a shop in the Mullae-dong steel product district in Seoul July 13, 2010. REUTERS/Jo Yong-Hak/File Photo SEOUL/SYDNEY (Reuters) – U.S. President Donald Trump’s planned tariffs on steel and aluminum will distort ... More »
Chairman, CEO and President of Nucor John Ferriola and U.S. Steel CEO Dave Burritt flank U.S. President Donald Trump as he announces that the United States will impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum during a meeting ... More »
FILE PHOTO: Canadian Foreign Minister Chrystia Freeland gives a speech during a joint news conference with Mexican Foreign Minister Luis Videgaray and U.S. Secretary of State Rex Tillerson in Mexico City, Mexico February 2, 2018. REUTERS/Henry Romero OTTAWA (R... More »
U.S. President Donald Trump arrives. REUTERS/Denis Balibouse DAVOS, Switzerland (Reuters) – U.S. President Donald Trump will urge a top-level gathering of political leaders and chief executives on Friday that his administration will not tolerate intellectual p... More »
A worker walks among solar panels at a floating solar plant developed in Huainan, Anhui province, China December 11, 2017. Picture taken December 11, 2017. REUTERS/Stringer FRANKFURT (Reuters) – SMA Solar (S92G.DE), Germany’s largest solar group, expects the i... More »
The logo of the town is seen in the Swiss mountain resort of Davos, Switzerland, January 11, 2018 REUTERS/Arnd Wiegmann DAVOS, Switzerland (Reuters) – The Swiss Alpine town of Davos is used to celebrities and high-rollers, but even it is relishing the new chal... More »
FILE PHOTO: Freight containers stand half immersed in water after the Elbe River broke its bank at a storage facility at the harbour in Riesa, Germany, June 6, 2013. REUTERS/Thomas Peter/File Photo BERLIN (Reuters) – The frustration of Roberto Azevedo was evid... More »
The Republican tax bill unveiled last week in the U.S. Congress could disrupt the global supply chains of large, multinational companies by slapping a 20-percent tax on cross-border transactions they routinely make between related business units. More »
Antigua and Barbuda asked the United States on Friday to settle a decade-old trade dispute to help the Caribbean country pay the $250 million cost of recovery from Hurricane Irma, which "completely decimated" the island of Barbuda. More »
FILE PHOTO: New appointed Economy Minister Brigitte Zypries attends the weekly cabinet meeting at the Chancellery in Berlin, Germany, February 1, 2017. REUTERS/Fabrizio Bensch Germany could file a suit against the United States at the World Trade Organization ... More »
Wilbur Ross speaks, as U.S. Vice President Mike Pence watches, after being sworn in as Secretary of Commerce in Washington, DC, U.S. February 28, 2017. REUTERS/Joshua Roberts New U.S. Commerce Secretary Wilbur Ross said President Donald Trump did not endorse a... More »
Chimneys of a steel factory are pictured at an industrial area in Kawasaki, Japan, January 16, 2017. Picture taken January 16, 2017. REUTERS/Kim Kyung-Hoon Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to ... More »
FILE PHOTO: An ash tray with cigarette butts is pictured in Hinzenbach, Austria, February 5, 2012. REUTERS/Lisi Niesner/File Photo Smoking costs the global economy more than $1 trillion a year, and will kill one third more people by 2030 than it does now, acco... More »
New Zealand’s Prime Minister John Key (L) gestures as he shares a laugh with China’s Premier Li Keqiang during a signing ceremony at the Great Hall of the People in Beijing, China, April 18, 2016. REUTERS/Parker Song/Pool China and New Zealand have agreed to s... More »
MUMBAI India has given private assurances that it will not grant licences allowing local firms to override patents and make cheap copies of drugs by big Western drugmakers, a U.S. business advocacy group said. The comments were revealed in a submission last mo... More »
RIYADH Saudi Arabia’s plans for economic reform foresee winding down ‘jobs for life’ in an inefficient state bureaucracy and replacing them with new careers in a dynamic private sector. That’s the theory, at least. But in the short term, there is a problem: 20... More »
