×

Economic Measures Trade

  • The EU-Canada Comprehensive Economic and Trade Agreement is seen as a test of Europe's ability to forge future trade accords and as a counterweight to anticipated protectionism under new U.S. president Donald Trump. "It's more than just a free-trade treaty with Canada. In a debate on Monday, committee members backing the accord repeatedly warned of the threat...

  • BERLIN, Jan 24- Germany would take advantage of any trade opportunities in Asia and South America left by a protectionist United States, Vice Chancellor Sigmar Gabriel said, after U.S. "If Trump starts a trade war with Asia and South America, it will open opportunities for us," Gabriel told Handelsblatt newspaper in an interview published on Tuesday.

  • *Scope for Indonesia, China to join reformulated deal- Australia. WELLINGTON/ TOKYO, Jan 24- Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian nations to join the trade pact after U.S. Japanese Prime Minister Shinzo Abe has touted it as an engine of economic reform, as well as a...

  • The U.S. withdrawal from the TPP will devastate American agriculture, a former U.S. Trade Representative said.

  • *Scope for Indonesia, China to join reformulated deal- Australia. WELLINGTON/ TOKYO, Jan 24- Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian nations to join the trade pact after U.S. Fulfilling a campaign pledge, Trump signed an executive order in the Oval Office on Monday pulling...

  • DID Corporation CEO Howard Cheung poses with a prototype 12-inch action figure of U.S. President Donald Trump, which will be available in March, in Hong Kong, China January 21, 2017.

    Lim Su Sian, ASEAN economist at HSBC, says that it's plausible that China will not retaliate in the event of a trade war with the U.S.

  • Real risk is potential US-China trade war: Economist

    Shane Oliver, AMP Capital, says that the TPP was dead in the water anyway and that a trade war poses the real potential risk for the region.

  • *Scope for Indonesia, China to join reformulated deal- Australia. WELLINGTON/ TOKYO, Jan 24- Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership by encouraging China and other Asian nations to join the trade pact after U.S. Fulfilling a campaign pledge Trump signed an executive order in the Oval Office on Monday pulling...

  • 'No way' China can fill trade vacuum: Economist

    Without the United States, the TPP cannot be a material trade deal, says Richard Jerram, chief economist at Bank of Singapore.

  • With or without TPP, Vietnamese exports growing: Pro

    Vietnam has shifted from agricultural commodities to high-end manufacturing, says Bill Stoops, CIO at Dragon Capital.

  • TOKYO, Jan 24- Japanese manufacturing activity expanded in January at the fastest pace in almost three years as export orders surged, suggesting that overseas demand is not as weak as some economists and business leaders had feared. "The Japanese manufacturing sector started the New Year on a strong footing," said Amy Brownbill, economist at IHS Markit, which...

  • TOKYO, Jan 24- The dollar wallowed near seven-week lows in early Asian trade on Tuesday, pressured by concerns about the impact of U.S President Donald Trump's protectionist trade stance. Trump was poised to sign executive orders as early as Monday intended to renegotiate the free trade agreement between the United States, Canada and Mexico, according to media...

  • SANTIAGO, Jan 23- Chile will continue to pursue trade deals even though the Trans-Pacific Partnership is off the table after U.S. President Donald Trump withdrew the United States from the pact, Foreign Minister Heraldo Munoz told journalists on Monday. The South American country has invited ministers from other TPP members as well as China and South Korea to a...

  • A ship is unloaded in Miami, Florida.

    Ron Kirk at Gibson, Dunn & Crutcher says withdrawal from the TPP cannot be good for U.S. economic interests.

  • DETROIT, Jan 23- Some of the most popular and profitable vehicles sold in the United States by Detroit's automakers are imported from Mexico, a reality that highlights the risks for the auto industry as the Trump administration pushes to overhaul trade policy. Under NAFTA, at least 62.5 percent of a passenger car or light truck's net cost must originate in North...

  • CALGARY, Alberta, Jan 23- Canada has a "very special status" and is unlikely to be hit hard by changes the United States wants to make to the NAFTA trade accord, the head of a business advisory council to U.S. Canada sends about 75 percent of its exports to its southern neighbor. Schwarzman, named by Trump to a lead a forum that includes a variety of major U.S. corporations...

  • President Donald Trump meets with Union leaders in the Roosevelt Room of the White House in Washington, DC, January 23, 2017.

    The Trans-Pacific Partnership was an attempt to create a single market for the U.S. and countries that border the Pacific Ocean, NBC News reports.

  • U.S. President Donald Trump speaks as he poses with labor leaders on January 23, 2017 in the Oval Office at the White House in Washington, DC.

    U.S. President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal on Monday.

  • DETROIT, Jan 23- Some of the most popular and profitable vehicles sold in the United States by Detroit's automakers are imported from Mexico, a reality that highlights the risks for the auto industry as the Trump administration pushes to overhaul trade policy. Under NAFTA, at least 62.5 percent of a passenger car or light truck's net cost must originate in North...

  • President Donald Trump said Canada has a "very special status" and is unlikely to be hard hit by any changes to the NAFTA trade accord. Trump pulled the United States out of the Trans-Pacific Partnership on Monday and has threatened to rip up the North American Free Trade Agreement-- signed in 1994 by the United States, Canada and Mexico-- if it cannot be retooled to...