Economic Measures Trade

  • HANGZHOU, China, Sept 4- Australian Prime Minister Malcolm Turnbull said on Sunday his country and Britain were both very committed to having an early free trade agreement after Britain leaves the European Union. "Prime Minister May and I are very committed to having an early free trade agreement put in place so that when Britain leaves the EU, we have very open...

  • Turnbull told reporters on the sidelines of a G20 summit in the eastern Chinese city of Hangzhou that he wanted the agreement so that when Britain leaves the European Union, markets can be very open between Australia and Britain.

  • The proposed TTIP deal is tough to sort out but governments should not give up, senior officials from the OECD and WTO told CNBC.

  • U.S. President Barack Obama

    European leaders spoke out against the proposed trade agreement between the U.S. and the EU, as protesters work to oppose the deal.

  • WASHINGTON, Sept 2- The U.S. International Trade Commission voted on Friday to lock in duties on imports of cold-rolled steel flat products from Brazil, India, South Korea and Britain but said imports from Russia were not injuring the U.S. industry. The U.S. Commerce Department had previously found the products from Brazil, India, South Korea and Russia were being...

  • A file photograph shows one of South Korean Hanjin shipping vessel entering the port in Singapore.

    Hanjin's recent filing for court receivership is putting global shipping in a tight spot ahead of the key holiday season.

  • WASHINGTON, Sept 2- The U.S. International Trade Commission voted on Friday to lock in duties on imports of cold-rolled steel flat products from Brazil, India, Korea and Britain, but said imports from Russia were not injuring the U.S. industry. The U.S. Commerce Department had previously found the products from Brazil, India, Korea and Russia were being sold in the...

  • Shipping containers, trade

    "There's big a difference between not supporting that and being a person who whips up fear," former U.S. diplomat Robert Hormats tells CNBC.

  • OTTAWA, Sept 2- Canada's trade deficit in July unexpectedly shrank on stronger non-energy exports, a sector the Bank of Canada says is crucial to helping revive an economy hit by low oil prices. Statistics Canada said on Friday that the July deficit was C $2.49 billion, lower than the C $3.25 billion shortfall predicted by analysts in a Reuters poll and below the...

  • Containers at the Port of Long Beach in Long Beach, California.

    The U.S. trade deficit fell more than expected in July, offering further evidence that economic growth picked up early in the third quarter.

  • OTTAWA, Sept 2- Canada's trade deficit in July unexpectedly shrank to C $2.49 billion from a record C $3.97 billion in June as exports jumped by 3.4 percent and imports stagnated, Statistics Canada data indicated on Friday. Exports to the United States, which took 76.2 percent of all Canadian exports in July, rose by 3.3 percent while imports fell by 0.5 percent.

  • WASHINGTON, Sept 2- The U.S. trade deficit fell more than expected in July as exports rose to their highest level in 10 months, offering further evidence that economic growth picked up early in the third quarter. The Commerce Department said on Friday the trade gap narrowed 11.6 percent to $39.5 billion, declining after three straight months of increases.

  • VIENNA, Sept 2- Austria toned down its opposition to a free trade deal between the European Union and Canada on Friday, two days after social democrat Chancellor Christian Kern had vowed to start a' conflict' over the agreement. While the so-called CETA accord is all but sealed, the Austrian leader's opposition reflects concerns widely shared in other EU...

  • The downfall of the South Korean shipper, Hanjin Shipping, has sent shockwaves across businesses globally.

  • VIENNA, Sept 2- Austria's conservative Economy Minister Reinhold Mitterlehner has backed a free trade deal between the European Union and Canada after Chancellor Christian Kern, a Social Democrat, said Vienna would oppose the agreement in its current form. Kern has said the deal with Canada, known as the Comprehensive Economic and Trade Agreement, shares many...

  • SYDNEY, Sept 2- Wedged in between the Brexit vote and the U.S. presidential election, leaders of the world's major economies meet this weekend in China needing to mount a realistic defence of the free trade and globalisation they have long championed. China, the host of the Group of 20 meeting, has itself been one of the biggest winners from free trade, becoming the...

  • Ausgrid Turnbull

    Australia Prime Minister Malcolm Turnbull says the Ausgrid decision was not a case of protectionism but an issue of sovereignty.

  • Malcolm Turnbull

    The encouragement of open markets, cross-border trade and innovation is critical to lifting people out of poverty, says Australian PM Malcolm Turnbull.

  • BEIJING, Sept 2- A preliminary anti-dumping ruling by the United States targeting Chinese truck and bus tyres is "an abuse of trade measures", China's Ministry of Commerce said on Friday. The U.S. Commerce Department said on Monday truck and bus tyres from China were being dumped in the United States at below-market prices, a potential step toward the imposition of...

  • BEIJING, Sept 2- A preliminary anti-dumping ruling by the United States targeting Chinese truck and bus tires is "an abuse of trade measures," China's Ministry of Commerce said on Friday. The U.S. Commerce Department said on Monday truck and bus tires from China were being dumped in the United States at below-market prices, a potential step toward the imposition of...