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Economic Measures Trade

  • SYDNEY, Feb 16- U.S. corn futures edged lower on Thursday, retreating from their highest in more than seven months touched the session before, but buying from funds and strong export demand curbed losses. *The most active corn futures on the Chicago Board of Trade eased 0.4 percent to $3.77-1/ 4 a bushel. *Australian grain exports likely surged to an all-time monthly...

  • *Economists worry about U.S.- Japan policy friction. *Japan trying to maintain good relations with new U.S. govt. No other details of the call were immediately available, but economists and traders will be closely watching U.S.- Japan relations for any signs of friction over currency and trade policy.

  • Marc Faber

    Trump’s protectionism will be good for Asia, pushing the region’s markets up, said Marc Faber, publisher of the Gloom, Boom & Doom report.

  • *Canadian dollar ends at C $1.3075, or 76.48 U.S. cents. TORONTO, Feb 15- The Canadian dollar pared most of its losses against the greenback on Wednesday, supported by firm domestic data and optimism about the outlook for trade ties with the United States. President Donald Trump said he only wants to tweak trade ties with Canada.

  • President Donald Trump on Wednesday called tax code revisions a critical way to boost the nation's economy as he kicked off a White House meeting with chief executive officers of Target Corp, Best Buy Co Inc and six other major retailers. The meeting included Target's Brian Cornell, Best Buy's Hubert Joly, Gap Inc's Art Peck, Autozone Inc's William Rhodes,...

  • *Iran could need more iron ore to reach its goal. LONDON, Feb 15- Iran aims to export 20 to 25 million tonnes of steel annually by 2025, it said in an official statement on Wednesday, up from a previous goal of 10 million tonnes. The Iranian Mines and Mining Industries Development and Renovation Organisation, in the statement published on its website, quoted a member of...

  • President Donald Trump

    More than three weeks into his presidency, Trump hasn't labeled China a currency manipulator despite saying it would be a day one priority.

  • BRUSSELS, Feb 15- Trade between the European Union and the United States fell last year for the first time since 2013, estimates of the EU statistics agency showed on Wednesday, in line with a general drop in global trade. Although the United States remain by far the main trading partner of the EU, accounting for more than 20 percent of all EU exports and nearly 15...

  • Trump's import taxes will split corporate America: UBS

    Geoff Robinson, head of fundamental equity analytics at UBS, discusses the potential impact of U.S. import taxes on businesses.

  • Russia weakness does not make or break out company - How Heineken is strengthing its UK business

    Heineken CEO Jean-François van Boxmeer explains why Russia remains a difficult market, and also speaks about his company's business strategy in the U.K.

  • *Loonie touches its strongest since Feb. 6 at C $1.3025. Still, Trump's pledge to renegotiate the North American Free Trade Agreement to focus on Mexico is almost impossible and Canada will not emerge unscathed, Canadian officials and trade experts said. Canada sends 75 percent of its exports to the United States.

  • NEW YORK, Feb 14- Oil prices pared gains after the settlement Tuesday, as evidence of surging U.S. crude oil stockpiles underscored concerns that shale production might limit the effectiveness of an OPEC- led effort to cut global output. Brent crude traded at $55.73 a barrel at 4:39 p.m. Eastern, off the settlement of $55.97 a barrel, which was up 38 cents but well...

  • President Donald Trump says he only wants to tweak trade ties with Canada, his pledge to renegotiate NAFTA to focus on Mexico is almost impossible and Canada will not emerge unscathed, Canadian officials and trade experts said on Tuesday. Canada and Mexico send the bulk of their exports to the United States under NAFTA. Matthew Kronby, an international trade...

  • OTTAWA, Feb 14- The implementation of a U.S. border tax would hit Canadian exporters hard and could trim economic growth in Canada by about 1 percentage point, according to a research institute report on Tuesday. The tax would likely reduce trade between Canada and the United States in both directions, researchers said. The trade tie is a crucial one for Canada,...

  • A man directs people to the Liberty Tax Service office as the deadline to file taxes looms on April 15, 2016 in Miami, Florida.

    Rep. David Schweikert (R-Arizona), House Ways & Means Committee member, discusses the Congressional push to reform the tax code.

  • BERLIN, Feb 14- Germany expects solid growth at the start of 2017, driven by manufacturing and booming construction, but uncertainties over Brexit and U.S. Trump's top trade adviser has also accused Germany of using a "grossly undervalued" euro to gain advantage over the United States and its own EU partners. Chancellor Angela Merkel has rejected the suggestion,...

  • The art of the trade deal

    Lanhee Chen, research fellow at the Hoover Institution, discusses the Trump administration's views on trade and which countries we should be watching.

  • SHANGHAI, Feb 14- China's foreign exchange regulator began surveying firms in Shanghai in early February about the impact on cross-border trade of possible protectionist measures by the United States, two sources said on Tuesday. The State Administration of Foreign Exchange is asking firms with large trading operations and cross-border payments with the...

  • Japanese Prime Minister Shinzo Abe (L) and US President Donald Trump speak at Trump's Mar-a-Lago resort in Palm Beach, Florida, on February 11, 2017.

    In the run-up to the Trump-Abe summit, the Japanese were repeating that America's trade deficit with Japan was much smaller now.

  • Trump’s drive toward tighter trade and immigration policies are set to dampen global economic growth, Goldman Sachs said in a note on Monday.