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Economic Measures Trade

  • WASHINGTON— President Donald Trump on Saturday marked his 100th day in office by saying he had brought "profound change" to Washington and reaffirming that "my only allegiance" is to those he governs. It was a preview of a day on which Trump was traveling to Pennsylvania to emphasize such priorities as American manufacturing, better trade deals for the U.S. and his...

  • WASHINGTON— The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result fell far short of President Donald Trump's ambitious growth targets and underscores the challenges of accelerating economic expansion. The gross domestic product, the total output of goods and...

  • The president is expected to sign an executive order Saturday that will direct his Commerce Department and the U.S. The last week has been a frenzy of activity at the White House as Trump and his team have tried to rack up accomplishments and make good on campaign promises before reaching the symbolic 100- day mark. "There isn't a day that goes by that the president...

  • WASHINGTON, April 28- President Donald Trump will sign an executive order on Saturday seeking to identify any problems caused by the nation's existing trade agreements, including an examination of U.S. involvement in the World Trade Organization, a top trade official said. Ross singled out the World Trade Organization as an entity that may need to make some...

  • KORUS, as the deal is known, has been a boon for South Korea and its U.S. goods trade surplus has surged to $28 billion. Meanwhile, the U.S. economy is strengthening, supporting consumer demand for imported goods, including cars and electronics from South Korea. One sector for which the trade deal has not gone horribly is U.S. beef, where exports have risen steadily to...

  • MONTREAL/ NEW YORK April 28- Canada's Bombardier Inc hit back on Friday at rival U.S. planemaker Boeing Co's claim that it sold jets well below cost to win market share in the United States, the latest sign of increasing trade tensions between the two countries. The spat comes days after Washington imposed duties averaging 20 percent on imports of Canadian...

  • *Canadian dollar ends at C $1.3650, or 73.26 U.S. cents. for the last time by the Bank of Canada, was C $1.3650 to the greenback, or 73.26 U.S. cents, weaker than Thursday's close of C $1.3624, or 73.40 U.S. cents. President Donald Trump told Reuters on Thursday that he had been "psyched" to terminate the North American Free Trade Agreement with Canada and Mexico on Saturday,...

  • The president, for example, said that given the current $61 billion annual trade deficit with Mexico, the United States would be better off if the two countries did not trade at all, saying "You'll save yourself a hell of a lot of money." "It could happen," he said of a hypothetical severing of ties between the United States and Mexico, "but the things you would do to make it...

  • Cows look on at a dairy farm in Upton, Quebec.

    Tom Vilsack, U.S. Dairy Export Council president & CEO and former secretary of Agriculture under President Obama, discusses the dairy industry under President Trump and the renegotiation of NAFTA.

  • MONTREAL/ NEW YORK April 28- Bombardier Inc shares fell as much as 5.45 percent on Friday after Boeing Co sought a U.S. anti-dumping probe against the company, adding to growing trade tensions between the United States and Canada. Boeing's actions came days after the Commerce Department imposed duties averaging 20 percent on imports of Canadian softwood...

  • U.S. Customs and Border Protection officer directs trucks entering the United States from Mexico through the Otay Mesa Port of Entry in San Diego, California.

    Bill Daley tells CNBC that Trump's changes to NAFTA are likely to be minor.

  • Workers construct mini-bikes at motorcycle and go-kart maker Monster Moto in Ruston, Louisiana.

    The Commerce Department says the gross domestic product, the total output of goods and services, grew by just 0.7 percent in the first quarter following a gain of 2.1 percent in the fourth quarter.

  • *MSCI AC World set for longest streak of monthly gains in decade. LONDON, April 28- Concern about global trade and U.S. In an interview with Reuters, Trump called the U.S. trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completed a revamp of the North American Free Trade Agreement with Canada and...

  • No doubt NAFTA needs to be updated: William Daley

    William Daley, Argentiere Capital, weighs in on negotiating an update on the North American Free Trade Agreement but cautions the U.S. should be mindful of neighbors Mexico and Canada.

  • *South Korea defense ministry: No change in THAAD agreement. President Donald Trump told Reuters on Thursday he will either renegotiate or terminate what he called a "horrible" free trade deal with South Korea and said Seoul should pay for a U.S. anti-missile system that he priced at $1 billion. In an interview with Reuters, Trump called the five-year-old trade...

  • LONDON, April 28- Concern about global trade and U.S. In an interview with Reuters, Trump called the five-year-old trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completes a revamp of the North American Free Trade Agreement with Canada and Mexico. Trump's comments stunned South Korean...

  • *Asian buyers take nearly 2 mln bpd of Iran oil in March. Iran's top four Asian buyers- China, India, South Korea and Japan- imported 1.97 million barrels per day last month, government and ship-tracking data showed This is marginally below February, when Iran sold the highest volumes overseas since at least 2010, International Energy Agency data showed.

  • Shipping containers are offloaded from a cargo ship at Port Everglades on June 24, 2016 in Fort Lauderdale, Florida.

    Trump's maverick move to chuck the trade rulebook has been "a step back," said Steve Okun, vice chairman for AmCham's Asia Pacific Council.

  • Under One Belt One Road policy, Chinese Government hope to create new industry and employment opportunities for the Xinjiang Uygur Autonomous Region, which borders several Central Asia countries.

    China's ambitious One Belt, One Road project will not guarantee the country access to all markets along the route, a steel industry executive said.

  • Mexico is up year to date after Trump-related volatility

    Juan Sartori, president and founder of the Union Group, discusses U.S. President Donald Trump's decision to not terminate NAFTA negotiations.