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Economic Measures Trade

  • BEIJING, May 12- China's Commerce Ministry said it was willing to work with the European Union to resolve the problems facing the steel sector after the EU Commission said it would slap anti-dumping duties on Chinese seamless steel pipe. "China is willing to strengthen communication with the European Union to appropriately deal with the problems facing the...

  • TOKYO, May 12- Japan's economy is expected to expand for a fifth straight quarter in January-March led by a recovery in consumer spending and solid offshore demand, a Reuters poll found, suggesting a firm trend in the making. But the analysts noted that U.S. trade policy will be closely watched for developments as President Donald Trump's protectionist policies...

  • A Daimler AG Mercedes Benz M-Class vehicle moves along the production line at the company's international assembly plant in Vance, Alabama, May 28, 2014.

    The German economy grew by 0.6 percent in the first quarter of 2017, driven by higher investment in construction, machinery and equipment, robust household and state spending as well as strong exports, the Federal Statistics Office said on Friday.

  • Mexico's Minister of Economy Ildefonso Guajardo Villarreal looks on during a joint news conference with U.S. Secretary of Commerce Wilbur Ross on March 10, 2017 in Washington, DC.

    Mexico sent a stark message to Trump on Thursday, showing it had other places to export to if he tore up the NAFTA trade deal.

  • BERLIN, May 12- The German economy grew by 0.6 percent in the first quarter of 2017, driven by higher investment in construction, machinery and equipment, robust household and state spending as well as strong exports, the Federal Statistics Office said on Friday. The GDP growth figure for the first three months of the year was in line with the consensus forecast in...

  • BEIJING, May 12- China does not deliberately pursue a trade surplus with the United States, vice commerce minister Yu Jianhua told a news conference on Friday. China and the United States announced initial results of ongoing trade talks on Friday that included expanding trade in beef and chicken and increased access for U.S. financial firms, as the United States...

  • President Donald Trump (L) and China's President Xi Jinping shake hands while walking at Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, April 7, 2017.

    The U.S. and China will expand trade in beef and chicken and increase access for financial firms, U.S. Commerce Secretary Ross said Thursday.

  • What to expect at the APEC trade meeting

    Allan Bollard, executive director of the APEC Secretariat, says APEC members will be keen to hear greater detail on U.S. trade policy.

  • WASHINGTON, May 11- The United States and China will expand trade in beef and chicken and increase access for financial firms, as part of a plan to reduce the massive U.S. trade deficit with Beijing, U.S. The countries have agreed that China will allow U.S. imports of beef no later than July 16. Trump pledged during his presidential campaign that he would stop trade...

  • Phnom Penh, Cambodia

    As the U.S. pulls back from globalization, China is stepping into the breach, experts said at the WEF Asean meeting this week.

  • MEXICO CITY, May 11- Mexico sent a stark message to U.S. Trump indicated in an interview with The Economist published on Thursday that he wanted to get the U.S.- Mexico trade deficit down to about zero. Guajardo noted Mexico sends China a fraction of its total exports, and that the two major manufacturing nations tend to compete rather than complement one another...

  • Why protectionism not the answer

    Rather, skills and training need to be provided so that more people can participate in globalization, says Arancha Gonzalez of the International Trade Centre.

  • In the second day of a three-day mission to Brazil, Raúl Urteaga, general coordinator of international affairs at Mexico's Ministry of Agriculture, said the main purpose of the visit is to accelerate business contacts between the two countries as part of broader efforts to diversify Mexico's trade ties with nations other that the United States.

  • SEOUL, May 12- South Korea said on Friday that recovery in private consumption remains weak although rapid growth in exports is boosting both production and investment. The finance ministry said March retail sales were flat from a month earlier after posting a 3.2 percent increase in February, highlighting the fragile recovery in domestic demand.

  • WASHINGTON, May 11- The U.S. Senate on Thursday approved President Donald Trump's nominee for U.S. Trade Representative, a critical position ahead of renegotiations of the North American Free Trade Agreement with Canada and Mexico. Delays in Senate confirmation of veteran trade lawyer Robert Lighthizer more than 100 days after his nomination have set back...

  • MEXICO CITY, May 11- Mexico sent a stark message to U.S. Mexico runs a sizeable trade deficit with China, the destination of about 10 percent of its exports. Trump indicated, in an interview with The Economist published on Thursday, that he wanted to get the U.S.- Mexico trade deficit down to about zero.

  • WASHINGTON, May 11- The U.S. Senate on Thursday approved President Donald Trump's nominee for U.S. Trade Representative, a critical position ahead of renegotiations of the North American Free Trade Agreement with Canada and Mexico. Delays in Senate confirmation of veteran trade lawyer Robert Lighthizer more than 100 days after his nomination have set back...

  • WASHINGTON, May 11- The U.S. Senate on Thursday approved President Donald Trump's nominee for U.S. Trade Representative, a critical position ahead of renegotiations of the North American Free Trade Agreement with Canada and Mexico. The Senate voted to confirm veteran trade lawyer Robert Lighthizer by a 82-14 vote.

  • MEXICO CITY, May 11- Mexico sent a stark message to U.S. Mexico has tried to deepen commercial links with China for years, and President Enrique Pena Nieto had hoped a Chinese high-speed train contract would presage more investment. Mexico runs a sizeable trade deficit with China, and the government could face resistance from Mexican manufacturers to opening up...

  • G7 finance meeting kicks off in Italy

    CNBC's Ylan Mui reports on the agenda for the G7 meeting of finance ministers ahead of the G7 Summit later in May.