×

Economic Measures Trade

  • *China making ethanol to erode corn stockpiles. BEIJING, May 23- China's ethanol exports soared in April from the same month the year before and imports slowed to a trickle, the latest sign that Beijing's drive to ramp up local output is upending trade flows in the world's fastest-growing biofuel market. China has been pushing to erode a domestic glut in corn...

  • BERLIN, May 23- The German economy picked up steam in the first quarter helped by strong exports, booming construction and higher household and state spending, burnishing Chancellor Angela Merkel's economic credentials as she gears up for national elections. Europe's biggest economy grew 0.6 percent quarter on quarter, up from 0.4 percent in the final three...

  • BEIJING, May 23- China's ethanol exports soared in April and imports slowed to a trickle, data showed on Tuesday, the latest sign that Beijing's push to ramp up local production is upending trade flows in the world's fastest-growing biofuel market. China exported 13,540 cubic meters of ethanol in April, up over 1,000 percent from a year earlier and 18 percent...

  • *China revised April dollar-denominated exports +8.0 percent y/y (prelim +8.0 percent y/y). *China revised April dollar-denominated imports +11.9 percent y/y (prelim +11.9 percent y/y). *China revised April trade balance$ +38.03 billion (prelim.

  • MEXICO CITY, May 22- The auto industries of the United States, Canada and Mexico agree there should be no changes to rules of origin in the North American Free Trade Agreement, the president of the Mexican automakers' association said on Monday. Under the trade deal between the United States, Mexico and Canada, rules of origin stipulate that products must meet...

  • MEXICO CITY, May 22- The auto industries of the United States, Canada and Mexico agree there should be no changes to rules of origin in the North American Free Trade Agreement, the president of the Mexican automakers' association said on Monday. Under the trade deal between the United States, Mexico and Canada, rules of origin stipulate that products must meet...

  • MEXICO CITY, May 22- Mexico revised its official 2017 growth estimate upward on Monday, shortly after government data showed the economy was largely shrugging off fears U.S. The election of Trump last year raised the specter of recession in Mexico as he threatened to shred the North American Free Trade Agreement and pursue U.S. policies that could hurt the...

  • *U.S. may challenge top beef exporter Brazil in China. CHICAGO, May 19- Talks on restarting U.S. beef exports to China are moving fast and final details should be in place by early June, the U.S. Department of Agriculture said on Friday, allowing American farmers to vie for business that has been lost by rival Brazil. As part of a trade deal, U.S. ranchers are set to face...

  • MEXICO CITY, May 22- Mexico on Monday revised upward its official 2017 growth estimate, shortly after government data showed the economy was largely shrugging off fears U.S. The election of Donald Trump last year raised the specter of recession in Mexico as he threatened to shred the North American Free Trade Agreement and pursue U.S. policies that could hurt...

  • *India stays firm on tariff reductions. The Regional Comprehensive Economic Partnership would create a free trade area of more than 3.5 billion people, bringing together China, India, Japan, South Korea, Australia and New Zealand as well as Southeast Asian nations. The main focus of RCEP is reducing tariffs, which India in particular is nervous about, and while it...

  • Shoppers carry bags while walking through the Scottsdale Quarter shopping mall in Scottsdale, Arizona.

    The industry commissioned a new study ahead of Capitol Hill hearing showing how much more consumers could have to pay.

  • U.S. customers bought goods from Europe's biggest economy worth 29.1 billion euros, keeping the U.S. as the biggest client for' Made in Germany' products, Federal Statistics Office figures reviewed by Reuters showed. Since German clients imported much less U.S. goods from January-March, Germany's trade surplus with the United States swelled to nearly 14...

  • BEIJING, May 22- China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world's top importer. The move could dent imports from top growers such as Brazil and Thailand as it will close the big gap between Chinese and...

  • HANOI, May 22- Disagreements between Asian countries over a China- backed free trade deal surfaced at talks on Monday, raising questions over a target for concluding negotiations by the end of the year. The Regional Comprehensive Economic Partnership would create a free trade area of more than 3.5 billion people, bringing together China, India, Japan, South Korea,...

  • Canada's pivot to Asia?

    Wayne Farmer, Canada-ASEAN Business Council, says ASEAN's demographics and growth levels present Canada with a market opportunity.

  • TPP-11 left to forge their own path, make agreement viable

    CNBC's Sri Jegarajah speaks about the latest TPP negotiations, with comments from Australian Trade Minister Steven Ciobo.

  • *Ruling seen closing gap between China and global prices. BEIJING, May 22- China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world's top importer. These include some of China's closest trading partners such as...

  • HANOI, Vietnam— HANOI, Vietnam— Trade ministers from the Asia-Pacific region were meeting in Hanoi on Monday to speed up negotiations seeking to finalize a regional trade pact amid fears of growing trade protectionism. Negotiations for the 16- member Regional Comprehensive Economic Partnership led by China started four years ago, and members are seeking to...

  • After spending their first eight months on the ranches of Gildardo Lopez Hinojosa, the calves are about to cross the border— bound for Texas and U.S. feed lots beyond. On one of the three bridges connecting Reynosa with Texas, they might cross paths with the beef and chicken shipments that Lopez imports from the U.S. for his local chains of butcher shops and fried...

  • TOKYO, May 22- Japan's exports rose in April to mark their fifth straight month of gains, as shipments of semiconductors and steel expanded, signaling that more robust overseas demand could underpin a steady economic recovery. The data also showed Japan's trade surplus with the United States narrowed. But Japan's trade surplus with the United States fell 4.2...