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Economic Reports Trade Balance

  • Vice President Mike Pence will meet with Japan's Deputy Prime Minister Taro Aso on Tuesday, kicking off talks in Tokyo that the White House hopes will open doors in Japan for U.S.-made products and attract Japanese investment for infrastructure projects in the United States. Last year, Japan had a $69 billion trade surplus with the United States, the U.S....

  • TAIPEI, April 17- Taiwan stocks fell slightly on Monday, largely tracking regional shares and unnerved by the U.S. Treasury's decision to keep Taiwan on a monitoring list for its trade practices. Treasury last week maintained that Taiwan's material current account surplus merited Taiwan to stay on its monitoring list, though it dropped a second criterion that...

  • Trump has said some U.S. trading partners, particularly China, manipulated their currency, but has since backed off that claim and acknowledged that China had not weakened the yuan to make its exports cheaper. China, Japan, South Korea and Taiwan remained on a list for special monitoring of currency practices, China by virtue of a massive trade surplus with the...

  • Treasury currency report did, however, keep China on a currency "monitoring list" despite a lower global current account surplus, citing China's unusually large, bilateral trade surplus with the United States. Five other trading partners who were on last October's monitoring list- Japan, South Korea, Taiwan, Germany and Switzerland- also remain on the list,...

  • *Japan wants to avoid dialogue dominated by trade. TOKYO, April 13- The United States is pushing for trade to be a key issue in top-level economic talks with Japan, a person involved in the talks told Reuters on Thursday, an unwelcome development for Tokyo, which is seeking to fend off U.S. pressure to reduce the bilateral trade imbalance. Japan wants to keep the...

  • *Japan wants to avoid dialogue dominated by trade. TOKYO, April 13- The United States is pushing for trade to be a key issue in top-level economic talks with Japan, a person directly involved in the talks told Reuters on Thursday, an unwelcome development for Tokyo, which seeks to fend off U.S. pressure to reduce the bilateral trade imbalance. Japan rejected the idea...

  • *Japan wants to avoid dialog dominated by trade. TOKYO, April 13- The United States is pushing for trade to be a key issue in top-level economic talks with Japan, a person directly involved in the talks told Reuters on Thursday, an unwelcome development for Tokyo, which seeks to fend off U.S. pressure to reduce the bilateral trade imbalance. Japan rejected the idea but...

  • *China Q1 trade surplus with U.S. nearly unchanged, still high. Washington's improving ties with Beijing were underscored when Trump told the Wall Street Journal in an interview on Wednesday that he would not declare China a currency manipulator as he had pledged to do on his first day in office. The comments were an about-face from Trump's campaign promises,...

  • BEIJING, April 13- China's trade surplus with the United States rose to $17.74 billion in March from $10.42 billion in February, customs data showed on Thursday. The customs data also showed China's trade surplus with the United States in the first quarter was $49.6 billion, compared with $50.57 billion surplus a year ago. President Donald Trump has focused on...

  • TOKYO, April 13- The United States is pushing for trade to be a key issue in top-level economic talks with Japan, a person directly involved in preparations for the talks told Reuters on Thursday, an unwelcome development for Tokyo, which has sought to keep the talks from turning into a forum for U.S. pressure to reduce the bilateral trade imbalance.

  • BEIJING, April 13- China's March exports rose 16.4 percent from a year earlier, while imports increased 20.3 percent, both exceeding market expectations, official data showed on Thursday. China's first-quarter trade surplus was $65.61 billion. China's economic data in January and February can be highly skewed by the timing of the long Lunar New Year holidays,...

  • BEIJING, April 13- China's imports from North Korea in the first quarter of 2017 rose 18.4 percent in yuan value from a year ago, while exports to North Korea jumped 54.5 percent in yuan value terms, the customs said on Thursday in a press conference. China's total trade with North Korea was worth 8.4 billion yuan in the January to March period. China's trade surplus...

  • BEIJING, April 13- Trade between China and the United States continued to show good growth in the first quarter, a spokesman for the General Administration of Customs said Thursday. A strengthening of communication between China and the United States will benefit trade and investment, said Huang Songping. Huang also said that China's trade surplus with the U.S....

  • TOKYO, April 13- The United States is pushing for trade to be a key issue in top-level economic talks with Japan, the Asahi newspaper said on Thursday, an unwelcome push for Tokyo, which has sought to keep the talks from turning into a forum for U.S. pressure to reduce the bilateral trade imbalance. Japan wants to keep the bilateral dialogue, to be led by Vice President...

  • BANGKOK, April 10- Thailand's top business group expressed concern on Monday about the impact of changes in U.S. trade policy under President Donald Trump on the big Southeast Asian exporter. Thailand had a trade surplus of about $18 billion with the United States last year, putting it 11th globally- well behind China's $347 billion surplus or nearby Vietnam's...

  • US-China trade war was never a risk: Academic

    Both countries just needed to understand the other's relative position on trade, says Andrew Delios from NUS Business School.

  • U.S. President Donald Trump (L) and Chinese President Xi Jinping (R) walk together at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017.17.

    Following China's millennia-old social customs, its large delegation did not come to Florida last week empty handed.

  • PALM BEACH, Fla., April 7- President Donald Trump pressed Chinese President Xi Jinping to do more to curb North Korea's nuclear program and help reduce the gaping U.S. trade deficit with Beijing in talks on Friday, even as he toned down the strident anti- China rhetoric of his election campaign. Trump spoke publicly of progress on a range of issues in his first U.S.-...

  • PALM BEACH, Fla., April 7- President Donald Trump pressed Chinese President Xi Jinping to do more to curb North Korea's nuclear program and help reduce the gaping U.S. trade deficit with Beijing in talks on Friday, even as he toned down the strident anti- China rhetoric of his election campaign. Trump spoke publicly of progress on a range of issues in his first U.S.-...

  • PALM BEACH, Fla., April 7- President Donald Trump pressed Chinese President Xi Jinping to do more to curb North Koreas nuclear program and help reduce the gaping U.S. trade deficit with Beijing in talks on Friday, even as he toned down the strident anti- China rhetoric of his election campaign. Trump spoke publicly of progress on a range of issues in his first U.S.-...