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Economic Measures Trade

  • BEIJING— A spokesman for China's commerce ministry confirmed Thursday his government has banned imports of Brazilian beef. Brazil's agriculture minister said earlier China suspended imports after investigators accused Brazilian inspectors of taking bribes to overlook expired meat and chemicals. Other governments including the European Union, Japan...

  • HANOI, Vietnam— Vietnam and Singapore have signed several business agreements as the island state seeks to boost investment and trade with the communist country during a visit by Prime Minister Lee Hsien Loong. "With more intensive business links and with more tourism between both sides, travel between Vietnam and Singapore has increased substantially," Lee...

  • Australia's Prime Minister Malcolm Turnbull looks at China's Premier Li Keqiang on March 23, 2017. Australia urged China on March 23 to press ahead with economic reforms as Li began a trade-focused visit amid growing fears of a U.S. slide towards protectionism.

    Australian PM Malcolm Turnbull will likely keep his relationship with the U.S. in close focus as he holds talks with China's Premier.

  • A view of the skyline of Beijing, China, on Dec. 16, 2017.

    China's rise and ambitions underscore a transition in world power relations, an expert at the Boao Forum said.

  • BEIJING, March 23- China urged Brazil to hand out harsh punishments to those involved in a tainted meat scandal on Thursday, and offered no timeframe for lifting a ban on imports from the South American country. In its first official comment, China's Commerce Ministry confirmed it had suspended all shipments from Brazil, the world's top beef exporter, and said it...

  • BEIJING, March 23- China's General Administration of Customs published the revised trade data for February on Thursday:. *China February dollar-denominated exports fell 1.3 percent versus a year ago, unchanged from preliminary trade data. *China reported a trade deficit of $9.15 billion in February, unchanged from preliminary trade data.

  • CANBERRA, Australia— China's premier on Thursday warned against protectionism, saying his country planned to close its $50 billion a year deficit with Australia by expanding the trading relationship rather than retreating from it. China "cannot close our doors" to solve its trade imbalance with Australia, which last year left the Chinese with a $50 billion...

  • The new U.S. administration has accused Germany of exploiting a weak euro to gain a trade advantage and called for bilateral discussions to reduce the $65 billion U.S. trade deficit with Germany. The finance ministry said in its monthly report that rising private consumption, an eventual normalisation of the European Central Bank's expansionary monetary...

  • Crude stocks in the world's top oil consumer have been building since the beginning of the year and undermining hopes that an OPEC- led deal to cut production will reduce a persistent global glut. "The market remains nervous about rising U.S. production, which is also reducing the effectiveness of output cuts by the OPEC and some non- OPEC countries," said Abhishek...

  • SAO PAULO— Brazil's meat exports effectively collapsed this week, the agricultural minister said Wednesday, as several countries halted imports from the South American country in the wake of a meat inspection scandal. Brazil is struggling to contain the scandal, in which investigators say that health inspectors were bribed to overlook expired meats and...

  • March 22- U.S. crude oil stocks rose to a fresh record last week, the Energy Information Administration said on Wednesday, as a surge in imports and rising domestic production more than offset a hike in refinery runs. Crude stocks in the world's top oil consumer have been building since the beginning of the year and undermining hopes that an OPEC- led deal to cut...

  • GARNER, Iowa/ MEXICO CITY, March 22- Farmers in the U.S. agricultural heartland that helped elect Donald Trump are now pushing his administration to avoid a trade dispute with Mexico, fearing retaliatory tariffs that could hit over $3 billion in U.S. exports. Pork producers contacted Trump's transition team soon after the Nov. 8 election to stress that...

  • FRANKFURT, March 22- Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world's top 20 economies dropped their pledge for open trade. The White House also wants to revisit some of its trade relationships, including with key partners...

  • FRANKFURT, March 22- Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world's top 20 economies dropped their pledge for open trade. The White House also wants to revisit some of its trade relationships, including with key partners...

  • FRANKFURT, March 22- Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world's top 20 economies dropped their pledge for open trade. The White House also wants to revisit some of its trade relationships, including with key partners...

  • FRANKFURT, March 22- Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world's top 20 economies dropped their pledge for open trade. The White House also wants to revisit some of its trade relationships, including with key partners...

  • *Trade settlement mechanism between India, Iran breaks down. *India, Iran seek European bank to settle trade in euros. NEW DELHI, March 22- India is exploring setting up a new payments mechanism for trade with Iran, after its old sanctions workaround broke down, as state banks remain fearful of handling payments from Tehran in case the United States imposes a fresh...

  • EDINBURGH, March 21- While the economic case for Scottish independence once centred on oil, people like company director Niall McLean now argue that trade is the way to ensure their country's future prosperity- and avoid the damage of the United Kingdom leaving the EU. Turning Scotland, which sells two thirds of its exports to the rest of Britain, into a...

  • He is also the most senior Chinese official to visit Australia since 2014 when President Xi Jinping finalized a bilateral free trade deal with Australia which started in 2015.. China is Australia's biggest trading partner, with bilateral trade exceeding $107 billion and bilateral investment exceeding $100 billion. Australia is an enthusiastic advocate...

  • GARNER, Iowa/ MEXICO CITY, March 22- Farmers in the U.S. agricultural heartland that helped elect Donald Trump are now pushing his administration to avoid a trade dispute with Mexico, fearing retaliatory tariffs that could hit over $3 billion in U.S. exports. Pork producers contacted Trump's transition team soon after the Nov. 8 election to stress that...