GO
Loading...

Trade

More

  • WASHINGTON, April 20- The 12- nation Pacific trade pact would create nearly a quarter of a million U.S. jobs due to increased foreign investment in the United States, a business group estimated on Monday, in the first look at the deal's employment impact. The trade deal, which reaches from Japan to Chile, would also create another 165,000 "indirect and induced" jobs...

  • WASHINGTON, April 20- A trade deal between Japan and the United States is within reach, the U.S. State Department's top diplomat for Asia, Danny Russel, said on Monday. The comment by Russel, the State Department's assistant secretary of state for East Asia and Pacific Affairs, comes ahead of an April 28 summit between U.S. Trade Representative Michael Froman are...

  • HAVANA, April 20- New York Governor Andrew Cuomo met senior Cuban officials in Havana on Monday as the head of a high-powered business delegation looking to take advantage of President Barack Obama's easing of restrictions with the Communist-led island. Cuomo, a Democrat, is the first governor to visit Cuba since a December announcement by Obama and Cuban...

  • HOUSTON, April 20- Senator Lisa Murkowski said on Monday she will introduce legislation this year to allow U.S. crude exports, saying the Obama administration shouldn't dare lift sanctions on Iran before scrapping the U.S. crude export ban. While the final framework of the deal has yet to be determined, it appears it would let Iran export far more crude oil than at...

  • WASHINGTON, April 20- The 12- nation Pacific trade pact would create nearly a quarter of a million U.S. jobs due to increased foreign investment in the United States, a business group estimated on Monday, in the first look at the deal's employment impact. The trade deal, which reaches from Japan to Chile, would also create another 165,000 "indirect and induced" jobs...

  • TOKYO, April 20- Japan and the United States continued the second of two days of tough trade talks on Monday that could pave the way for a broader trans-Pacific agreement, although Tokyo shrugged off expectations of a bilateral deal in time for a summit next week. Japanese Prime Minister Shinzo Abe, speaking on an evening news programme in Tokyo, said negotiators...

  • Russia's rouble rebounds, firms versus dollar, euro Monday, 20 Apr 2015 | 3:10 AM ET

    MOSCOW, April 20- The Russian rouble rebounded on Monday after falling sharply on Friday, with higher oil prices and the beginning of a new monthly tax period helping the currency. At 0705 GMT, the rouble was around 0.9 percent stronger against the dollar at 51.40 and gained 1.1 percent to trade at 55.40 versus the euro. Oil prices, Russia's main exports, rose on...

  • US, Japan talks fail to close gap on farm, auto trade Monday, 20 Apr 2015 | 12:35 AM ET

    TOKYO— The U.S. and Japan need further work to resolve differences on autos and farm exports that are hindering progress toward a Pacific Rim trade deal, U.S. The talks between Japan and the U.S. are part of negotiations among 12 nations participating in the U.S.-led Trans Pacific Partnership, which eventually aims to create a free trade zone in the Asia-Pacific...

  • Japan, US talks seeking compromise on farm, auto trade Sunday, 19 Apr 2015 | 11:48 PM ET

    TOKYO— Japan's top trade negotiator is meeting with U.S. Economy minister Akira Amari, Japan's top trade negotiator, described the talks, which began late Sunday as "extremely severe." The talks between Japan and the U.S. are part of negotiations among 12 nations participating in the U.S.-led Trans Pacific Partnership, which eventually aims to create a free trade...

  • Clinton cautious about Obama's Pacific trade deal Friday, 17 Apr 2015 | 5:01 PM ET

    WASHINGTON— Hillary Rodham Clinton says she will be closely watching efforts by the Obama administration to negotiate a broad trade policy pact with Pacific nations that's raising concerns over potential harm to workers. As she kicks off her presidential campaign, Clinton is under pressure from the liberal wing of her party to oppose the Trans-Pacific...

  • President Barack Obama said on Friday a new trade agreement with Asia that is being negotiated would benefit not just America's businesses but also its workers, anticipating Democratic concerns the deal would cost U.S. jobs. Congressional Democrats drew battle lines on Friday over a new bill that would give the White House "fast track" authority to negotiate...

  • Obama urges movement on trade talks with Europe Friday, 17 Apr 2015 | 12:47 PM ET
    President Barack Obama (R) istens to Italian Prime Minister Matteo Renzi during joint news conference in the East Room of the White House in Washington April 17, 2015.

    President Obama on Friday said TTIP trade talks with Europe need to make major progress this year.

  • President Barack Obama said on Friday a new trade agreement with Asia that is being negotiated would benefit not just U.S. businesses, but also American workers. Obama said during a news conference that some Democrats and labor unions would oppose the deal, while others "believe that we cannot stop a global economy at our shores." But he said previous trade...

  • WASHINGTON— Conceding that trade is a difficult topic for his Democratic Party, President Barack Obama on Friday defended his efforts to broaden commerce with Asia and Europe and warned critics that opposition would give China a leg up in setting the rules for international trade. In a news conference at the White House, Obama sought to reassure critics by...

  • New trade deal could block generic drugs from US Friday, 17 Apr 2015 | 10:53 AM ET
    Pharmaceuticals

    Consumer advocates worry a new trade deal could could make generic drugs harder to bring to market, reports The Fiscal Times.

  • "China is importing about 30,000 tonnes of tin concentrate a year from Myanmar. There is skepticism about whether Indonesian producers will sign up to the idea of cutting exports, "said Robin Bhar, an analyst at Societe Generale. Indonesia's tin association said its members and PT Timah, the country's biggest tin exporter, will not trade at prices below $17,000 a...

  • TOKYO, April 17- Japan and the United States will hold cabinet-level trade talks from this weekend, but are unlikely to seal a final deal, seen as crucial for a broader trans-Pacific free trade pact, by a summit this month, Japanese Economy Minister Akira Amari said on Friday. A U.S.- Japan deal is considered vital to the success of a long-delayed Trans-Pacific...

  • NEW DELHI, April 17- India's trade deficit in March was the highest in four months, at $11.79 billion, as exports continued to fall, underscoring risks for growth prospects in Asia's third largest economy. That could be about to change, with policymakers and businesses fretting that weak foreign demand could torpedo Prime Minister Narendra Modi's...

  • *USTR Froman reportedly to visit Tokyo for ministerial talks. TOKYO, April 17- Japan and the United States look set to hold cabinet-level trade talks in coming days as the allies race to seal a bilateral trade deal, seen as crucial for a broader trans-Pacific free trade pact, ahead of a summit this month. Trade Representative Michael Froman will visit Tokyo to meet...

  • TOKYO— Top Japan and U.S. trade officials plan to meet this weekend, seeking to close gaps over autos and farm trade before Prime Minister Shinzo Abe visits Washington later this month. The U.S. and Japan must agree on market-opening measures before the 12 countries involved can reach a long-delayed final accord on the U.S.-led Trans-Pacific Partnership, a...