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Economic Measures Trade

  • MEXICO CITY, Jan 24- Mexico could pull out of the North American Free Trade Agreement if a renegotiation of its terms does not benefit Latin America's second largest economy, Economy Minister Ildefonso Guajardo said on Tuesday. It would not make sense to stay, "Guajardo said when asked on local television if Mexico could pull out of the trade deal with Canada and...

  • BRASILIA, Jan 24- Brazil's central bank recorded a current account deficit of $23.507 billion in 2016, shrinking from the previous year and covered entirely by the $78.9 billion in foreign direct investment that flowed into the country, central bank data showed on Tuesday. In 2015, Latin America's largest economy had an external deficit of $58.8 billion and...

  • 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 is betting on the wrong strategy to reduce the U.S. current account deficit, an analyst told CNBC.

  • LONDON, Jan 24- China imported 3.63 million tonnes of refined copper last year, just shy of the previous year's record 3.68 million tonnes. However, the strength of China's appetite for imported copper was still a major surprise given all the concern at the start of the year about the potential for a metallic hard landing in the country's economy.

  • LAUNCESTON, Australia, Jan 24- If you wanted to see what a speculative commodity bubble looks like, then coking coal's huge rally in the second half of last year and subsequent retreat provides a good example. The SGX futures contract is based on the Steel Index free-on-board Australia coking coal price, and is thus reflective of the cost of the fuel at ports in...

  • In a Reuters interview, Veerathai Santiprabhob cited as an example a grouping favoured by China over the Trans-Pacific Partnership, from which Trump withdrew the United States on Monday in one of his earliest acts as president. Given that Thailand's two biggest export markets are the United States and China, Southeast Asia's second biggest economy could...

  • In a Reuters interview, Veerathai Santiprabhob cited as an example a grouping favoured by China over the Trans-Pacific Partnership, from which Trump withdrew the United States on Monday in one of his earliest acts as president. Given that Thailand's two biggest export markets are the United States and China, Southeast Asia's second biggest economy could...

  • In a Reuters interview, Veerathai Santiprabhob cited as an example a grouping favored by China over the Trans-Pacific Partnership, from which Trump withdrew the United States on Monday in one of his earliest acts as president. Given that Thailand's two biggest export markets are the United States and China, Southeast Asia's second biggest economy could...

  • In a Reuters interview, Veerathai Santiprabhob cited as an example a grouping favored by China over the Trans-Pacific Partnership, from which Trump withdrew the United States on Monday in one of his earliest acts as president. Given that Thailand's two biggest export markets are the United States and China, Southeast Asia's second biggest economy could...

  • 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...

  • *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 countries 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...

  • 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.