Politics Chuck Grassley

  • BEIJING/ WASHINGTON, Jan 18- The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a trade deal- and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations. President Donald Trump has imposed...

  • *Pound supported as UK PM May wins confidence vote. NEW YORK, Jan 17- Gains in defense shares as well as healthcare helped to keep U.S. stocks in positive territory on Thursday, while an end to the latest chapter in Britain's exit from the European Union, Prime Minister Theresa May's defeat of a confidence vote, lifted sterling. There is a ritual in the stock market of...

  • MILAN, Jan 17- A profit warning from Societe Generale and U.S. frictions over Chinese tech giant Huawei weighed on European shares on Thursday, although the worries gradually faded and a rising Wall Street helped indexes pare losses or close a shade higher. Germany's exporter-heavy DAX index fell 0.12 percent and Britain's FTSE slid 0.4 percent.

  • *U.S. stocks near flat as worries linger over trade, China. NEW YORK, Jan 17- Concern over China's economic outlook and global trade left major world stock indexes little changed on Thursday, while an end to the latest chapter in Britain's exit from the European Union helped to stabilize sterling. White House economic adviser Kevin Hassett said the shutdown would...

  • *Beijing injects masses of cash into financial system. LONDON, Jan 17- Concern over China's economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment's peace. Europe's banks tumbled 1.8 percent after France's Societe Generale...

  • LONDON, Jan 17- Concern over China's economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment's peace. Carmakers fell more than 1.5 percent after U.S. Senate Finance Committee Chairman Charles Grassley said he thought Donald...

  • President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday. Trade Representative Robert Lighthizer on trade issues, said he did not like new tariffs but "they are a fact of life when Trump is in the White...

  • *China c.bank injects net $83 bln through open-market operations. SHANGHAI, Jan 16- China's central bank injected a record $83 billion into the country's financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China's policymakers are pledging to step up stimulus measures this year and do more to...

  • A trader works on the floor of the New York Stock Exchange.

    Stocks rose on Wednesday as investors cheered strong quarterly earnings from major banks like Goldman Sachs and Bank of America.

  • HONG KONG, Jan 16- China's yuan softened on Wednesday in response to a stronger dollar overnight, giving back some of its gains made in the precious session after policymakers pledged more support for the cooling Chinese economy. With tax payments peaking, "the banking system's overall liquidity is falling rapidly," The People's Bank of China said in a statement...

  • SYDNEY, Jan 16- U.S. soybean futures rose 0.5 percent on Wednesday, rebounding from a two-week low in the previous session, although gains were checked amid concerns over a prolonged trade war between Washington and Beijing. The most active soybean futures on the Chicago Board Of Trade rose 0.5 percent to $8.97-1/ 4 a bushel by 0431 GMT, having closed down 1.1...

  • Trade Representative Robert Lighthizer has assured lawmakers that companies will be able to request exclusions on tariffs on $200 billion worth of goods under discussion with Beijing if talks do not yield a deal by the March 2 deadline. The Trump administration was scheduled to increase the most recent tariffs to 25 percent but delayed it until March 2 to...

  • NEW YORK, Jan 15- Major world stock markets climbed on Tuesday, helped by hopes of more stimulus for China's economy, while the euro declined against the U.S. dollar following weak German economic data. President Trump talked up chances of a China trade deal and Chinese officials then came out in force hinting at more stimulus for their slowing economy.

  • William Barr, attorney general nominee for U.S. President Donald Trump, arrives for a Senate Judiciary Committee confirmation hearing in Washington, D.C., U.S., on Tuesday, Jan. 15, 2019.

    Barr's threat assessment came amid the Trump administration's trade talks with Beijing, which have global markets on edge.

  • *U.S. officials see no progress on key China trade issues. CHICAGO, Jan 15- U.S. soybean futures fell for the third time in four sessions on Tuesday on worries that the United States and China remain far apart in resolving a bitter trade fight that has slashed U.S. soy imports by the world's top buyer. Although China has booked about 5 million tonnes of U.S. soybean...

  • WASHINGTON, Jan 15- United States Trade Representative Robert Lighthizer did not see any progress made on structural issues during trade talks with China last week, Republican U.S. Grassley, who held a meeting with Lighthizer on Friday, said the top trade negotiator commented very positively on China's soybean purchases, which resumed in modest amounts last...

  • NEW YORK, Jan 15- Major world stock markets climbed on Tuesday, helped by hopes of more stimulus for China's economy, while the euro declined against the U.S. dollar following weak German economic data. Stocks in Shanghai and Hong Kong surged almost 2 percent after U.S. It is going to set the tone in negative fashion for fourth-quarter earnings, "said Art Hogan, chief...

  • WASHINGTON, Jan 15- United States Trade Representative Robert Lighthizer did not see any progress made on structural issues during trade talks with China last week, Republican U.S. In his weekly conference call with reporters, Grassley said Lighthizer commented very positively in the Friday meeting on China's soybean purchases, which resumed in modest...

  • Senate Judiciary Committee Chairman Chuck Grassley (R-IA) talks with reporters as he heads for a meeting at the U.S. Capitol October 02, 2018 in Washington, DC. 

    "I believe you're going to find it in the courts almost immediately," says the Iowa Republican. "It contravenes the power of the purse" of Congress.

  • Rep. Steny Hoyer, (D-MD).

    "For me, it's a practical issue. Is it effective? Will it work? Is it the best thing we can do to secure the border? Most of the people I talk to, including on the border, don't think it is," Maryland Rep. Steny Hoyer says.