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Economic Measures Trade

  • *Canadian dollar at C $1.3216, or 75.67 U.S. cents. TORONTO, Jan 10- The Canadian dollar edged higher against its U.S. counterpart on Tuesday as oil rose and stronger-than-expected domestic housing starts suggested the country's long housing boom may not yet be over. At 9:17 a.m. ET, the Canadian dollar was trading at C $1.3216 to the greenback, or 75.67 U.S. cents,...

  • Summers takes Trump to task over infrastructure and trade

    The former Clinton Treasury secretary calls analysis by two Trump advisors the "economic equivalent of denying climate change or being for creationism."

  • MOSCOW, Jan 10- It has defeated armies trying to invade Russia in the past, and now the fabled Russian winter has come to Moscow's rescue again, this time helping it comply with a deal among world oil exporters on cutting output. Russia, which has in the past been accused of dragging its feet in implementing oil production and exports deals, reduced production by...

  • *Trump, China are major concerns for German exporters. BERLIN, Jan 10- The German economy could face headwinds from a protectionist U.S. trade policy and excessive state interference in China, the BDI industry association said on Tuesday, projecting a 1.5 percent expansion in Europe's biggest economy this year. "In view of global political uncertainty that...

  • House Speaker Paul Ryan (R-WI)

    U.S. House of Representatives Speaker Paul Ryan and Donald Trump's transition team discussed a plan to tax imports.

  • WASHINGTON, Jan 10- When billionaire investor Wilbur Ross salvaged two North Carolina textile mills from bankruptcy in 2003 and 2004, one of the first things he did was head to Washington to immerse himself in trade law and policy. China's accession to the World Trade Organization had unleashed a flood of textile imports across U.S. borders, and Ross- now...

  • A man passes a mural that has been painted on a derelict building in Stokes Croft showing US presidential hopeful Donald Trump sharing a kiss with former London Mayor Boris Johnson on May 24, 2016 in Bristol, England.

    Britain will be in the "front seat" to negotiate a new trade deal with the incoming administration of Donald Trump, a top Republican in the US Senate said, the BBC reported.

  • Ford Mustangs go through assembly at the Ford Flat Rock Assembly Plant August 20, 2015 in Flat Rock, Michigan.

    Carmakers used the Detroit Auto Show to talk up their U.S. production, likely reacting to Trump’s all-hours tweets, an analyst said Tuesday.

  • APAC creditworthiness will be stable: Moody's

    Marie Diron at Moody's Investors Service says that slower growth might weigh on APAC but government intervention might buffer this.

  • TAIPEI, Jan 10- Taiwan stocks fell on Tuesday as traders exercised caution tracking shaky overseas markets, but losses were short-lived on buying after data showed December exports at a four-year high. Government issued data on Monday that showed Taiwan's exports in December had bounced to their highest in four years, fuelling hopes that global demand for...

  • US auto manufacturing experiencing uncertainty: Expert

    It remains to be seen what Trump does to improve auto manufacturing, says Karl Brauer at Kelley Blue Book.

  • Kupchan: This is the year of unknown risks

    Cliff Kupchan, Eurasia Group chairman, discusses biggest risks to economy in 2017, including geopolitical recession.

  • Border tax does not make economic sense: Former USTR

    Ron Kirk, former U.S. Trade Representative, discusses the impact of a border tax should President-elect Donald Trump enact one.

  • Trump vowed during his election campaign to either scrap or renegotiate the North American Free Trade Agreement with Canada and Mexico, saying the two-decade old deal had been bad for American workers. This could have disastrous consequences for Canada, which sends 75 percent of its exports to the United States. The Globe said Gerald Butts and Katie Telford-...

  • Washington does not move in market time: Pro

    Krishna Guha, Evercore ISI vice chairman, discusses the market impact of the upcoming Trump administration and what potential policies may mean for investors.

  • Toyota's Lebtz: We won't scrap plans for Mexico

    Toyota Motor North America CEO Jim Lentz speaks with CNBC's Phil LeBeau at the Detroit auto show about President-elect Trump's targeting of the automaker for planning to import the Corolla from Mexico.

  • Ford CEO: We look at tax, trade factors in our business

    Ford Motor CEO Mark Fields speaks with CNBC's Phil LeBeau at the Detroit auto show about the cancellation of the new plant in Mexico and President-elect Trump's potential tax and trade policies.

  • BERLIN, Jan 9- German exports jumped more than expected in November, posting their steepest monthly rise in four-and-half years and pushing up overall industrial production which drove growth in Europe's biggest economy in the final quarter. The data, released by the Federal Statistics Office and the Economy Ministry on Monday, reaffirmed expectations for a...

  • TAIPEI, Jan 9- Taiwan stocks fell on Monday as investors booked profits after the index rallied in the previous session, and ahead of key trade data and earnings this week. After the market closes, Taiwan will provide its December exports figures, which are expected to show solid year-on-year growth, but likely contract for all of 2016. The Taiwan dollar softened T...

  • President Barack Obama meets with President-elect Donald Trump (L) to discuss transition plans in the White House Oval Office in Washington, U.S., November 10, 2016.

    The bond market has been remarkably resilient in the face of dire warnings of inflationary pressures.