Economic Measures Trade

More

  • DNC Review

    Democrats Abroad's APAC regional vice-chair, Alex Montgomery, speaks after the DNC.

  • Trump Asia

    After Mexico, Asia would be most negatively affected by a Trump presidency, explains Nomura chief economist Rob Subbaraman.

  • BERLIN— German Chancellor Angela Merkel has defended a planned trade deal between the U.S. and the European Union as "absolutely in Europe's interest." Rejecting an industry group's criticism that politicians aren't doing enough to support it, Merkel said Thursday that the Trans-Atlantic Trade and Investment Partnership, or TTIP, is "absolutely right and...

  • NEW YORK, July 28- The U.S. economy likely expanded at a 1.8 percent annualized rate in the second quarter following a report on June's advance goods trade balance, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday. The Atlanta Fed's outlook on second-quarter GDP had held above 2 percent since its initial reading of 1.8 percent on April 28.

  • The Census Bureau's new advanced economic indicators report showed the advance goods deficit rising 3.7 percent to $63.3 billion last month as imports outpaced export growth. "The inventory correction looks severe in the second quarter, likely subtracting over a full percentage point from GDP growth," said Daniel Silver, an economist at JPMorgan in New York.

  • PARIS/ SYDNEY, July 28- Chicago soybean futures turned lower during European trading on Thursday after weaker than expected weekly U.S. exports and as traders set concerns about dryness in the U.S. The most active soybean futures contract on the Chicago Board of Trade was down 0.3 percent to $9.98-1/ 4 a bushel at the end of the overnight session at 1245 GMT.

  • Shipping containers are offloaded from a cargo ship at Port Everglades on June 24, 2016 in Fort Lauderdale, Florida.

    The U.S. advance June goods trade deficit came in at $63.3 billion, widening from the $60.6 billion trade gap reported a month earlier.

  • *Beijing unlikely to lift daily offer, could extend period-trade. BEIJING, July 28- China's mills are urging the government to release more cotton from state reserves, as fewer quotas for low-tariff imports and higher demand for local yarn tighten supplies. The limited quantity is a major problem, "said Ashley Liang, general manager of import and export at the...

  • Russian President Vladimir Putin (L) greets Chinese President Xi Jinping

    Despite much talk of Russia's "pivot east," analysts say there is more political than economic substance to its relationship with China.

  • GENEVA— Global trade is not the main cause for the loss of manufacturing jobs in places like the United States and needs to be defended from its critics, the chief of the World Trade Organization said Wednesday. Director-General Roberto Azevedo rebuffed arguments made by some politicians around the world, such as U.S. presidential candidate Donald Trump, that...

  • BEIJING, July 27- China's trade deficit in services widened to $19.4 billion in June from $19.1 billion in May, the foreign exchange regulator said on Wednesday. June's deficit was largely due to a $17.8 billion gap in spending between Chinese, who spent more abroad than foreign tourists in China, data from the State Administration of Foreign Exchange showed.

  • Trump Asia

    Taurus Wealth Advisors' Michael Preiss reckons Donald Trump as the U.S. president would lead to increased uncertainty and more market volatility.

  • US Elections Markets

    APS Asset Management's Kok Hoi Wong and HSBC's Frederic Neumann share their thoughts on the market impact of either a Trump or Clinton presidency.

  • *Williams wants pressure put on Mexico to strengthen labor unions. July 26- United Auto Workers President Dennis Williams said on Tuesday that Democratic presidential nominee Hillary Clinton has assured him she would renegotiate the North American Free Trade Agreement if she is elected president. "She's committed to me that not only would dig into NAFTA but...

  • LIMA, July 26- Peru will seek free trade deals with Australia and other Pacific Rim countries if the Trans-Pacific Partnership agreement it signed onto dies in the U.S. Congress, the incoming president said on Tuesday. Centrist President-elect Pedro Pablo Kuczynski, a 77- year-old former investment banker, said leaders of both political parties in the United...

  • *Williams wants pressure put on Mexico to strengthen labor unions. July 26- United Auto Workers President Dennis Williams said on Tuesday that Democratic presidential nominee Hillary Clinton has assured him she would renegotiate the North American Free Trade Agreement if she is elected president. "She's committed to me that not only would dig into NAFTA but...

  • Mark Price, the UK's Minister of State for Trade and Investment, said in an interview in New York that he was meeting with U.S. policymakers and investors to start imagining what "the shape of" free trade agreements may be once Britain ultimately leaves the European Union. Britons voted last month to leave the block and Price, who had campaigned against such a move,...

  • INTERVIEW- UK TRADE MINISTER PRICE EXPECTS TO INCREASE HIS TRADE-POLICY TEAM TO 300, FROM 40, OVER 2-3 MONTHS.

  • UTX CEO: Free trade grows the economy over time

    Gregory Hayes, United Technologies CEO on innovation and NAFTA.

  • SHANGHAI, July 26- Chinese iron ore miners have called for an anti-dumping investigation into imports of the steelmaking raw material from top suppliers Australia and Brazil. Australia's BHP Billiton and Rio Tinto, along with Brazil's Vale, have embarked on massive expansion programs in recent years to supply the Chinese market. China is the world's biggest...