×

Economic Measures Trade

  • Home Capital Group Inc, Canada's biggest non-bank. barrel as rising oil output and drilling in the United States countered Organization of the Petroleum Exporting Countries-led production cuts. Oil is one of Canada's major exports.

  • ABU DHABI, May 1- German Chancellor Angela Merkel said on Monday she hopes the European Union and the six Gulf Cooperation Council countries can finally complete a free trade agreement and that she would discuss the issue with Abu Dhabi's crown prince. Germany, which relies on foreign trade for half its gross domestic product, fears that the protectionism...

  • US in dairy war with Canada

    CNBC's Contessa Brewer reports U.S. dairy farmers were left in the lurch when Canada began to undercut U.S. prices on ultra-filtered milk.

  • SEOUL, May 1- South Korea's exports are expected to remain firm in May, a trade ministry official told a media conference on Monday, citing strong demand for key items such as semiconductors, petrochemical products and construction-related goods. Chae Hee- bong, an official at the Ministry of Trade, Industry and Energy said robust export growth was likely in May...

  • Exports to the United States rose in April but South Korea's trade surplus with that country declined on an annual basis over the same period, Monday's data showed, potentially easing concerns Washington may impose protectionist measures that could hurt South Korea's economy- Asia's fourth-largest. President Donald Trump said last week in an interview...

  • SEOUL, May 1- South Korea's exports to the United States rose 3.9 percent in April from a year earlier, trade ministry data showed on Monday, rebounding from a 5.0 percent decline in March. Shipments to the United States have been fairly uneven this year, falling in January and March due to variable economic recovery there. South Korea's trade surplus with the U.S....

  • SEOUL, May 1- Following are South Korea's preliminary export and import figures for April, released by the Ministry of Trade, Industry and Energy on Monday: APRIL* MARCH. Balance 13.25 6.27 Exports 51.01 48.85 +24.2 +13.6 Imports 37.75 42.58 +16.6 +27.7* Revised figures released on April 17. NOTES:- Reuters poll: Exports were seen up 15.3 percent in April over a year...

  • President Donald Trump reacts after signing an executive order on education during an event with governors at the White House, April 26, 2017.

    President Trump says he'll renegotiate NAFTA but is willing to kill the agreement if talks go nowhere.

  • WASHINGTON, April 28- President Donald Trump will sign an executive order on Saturday seeking to identify any problems caused by the nation's existing trade agreements, including an examination of U.S. involvement in the World Trade Organization, a top trade official said. Ross singled out the World Trade Organization as an entity that may need to make some...

  • KORUS, as the deal is known, has been a boon for South Korea and its U.S. goods trade surplus has surged to $28 billion. Meanwhile, the U.S. economy is strengthening, supporting consumer demand for imported goods, including cars and electronics from South Korea. One sector for which the trade deal has not gone horribly is U.S. beef, where exports have risen steadily to...

  • MONTREAL/ NEW YORK April 28- Canada's Bombardier Inc hit back on Friday at rival U.S. planemaker Boeing Co's claim that it sold jets well below cost to win market share in the United States, the latest sign of increasing trade tensions between the two countries. The spat comes days after Washington imposed duties averaging 20 percent on imports of Canadian...

  • *Canadian dollar ends at C $1.3650, or 73.26 U.S. cents. for the last time by the Bank of Canada, was C $1.3650 to the greenback, or 73.26 U.S. cents, weaker than Thursday's close of C $1.3624, or 73.40 U.S. cents. President Donald Trump told Reuters on Thursday that he had been "psyched" to terminate the North American Free Trade Agreement with Canada and Mexico on Saturday,...

  • The president, for example, said that given the current $61 billion annual trade deficit with Mexico, the United States would be better off if the two countries did not trade at all, saying "You'll save yourself a hell of a lot of money." "It could happen," he said of a hypothetical severing of ties between the United States and Mexico, "but the things you would do to make it...

  • Cows look on at a dairy farm in Upton, Quebec.

    Tom Vilsack, U.S. Dairy Export Council president & CEO and former secretary of Agriculture under President Obama, discusses the dairy industry under President Trump and the renegotiation of NAFTA.

  • MONTREAL/ NEW YORK April 28- Bombardier Inc shares fell as much as 5.45 percent on Friday after Boeing Co sought a U.S. anti-dumping probe against the company, adding to growing trade tensions between the United States and Canada. Boeing's actions came days after the Commerce Department imposed duties averaging 20 percent on imports of Canadian softwood...

  • U.S. Customs and Border Protection officer directs trucks entering the United States from Mexico through the Otay Mesa Port of Entry in San Diego, California.

    Bill Daley tells CNBC that Trump's changes to NAFTA are likely to be minor.

  • Workers construct mini-bikes at motorcycle and go-kart maker Monster Moto in Ruston, Louisiana.

    The Commerce Department says the gross domestic product, the total output of goods and services, grew by just 0.7 percent in the first quarter following a gain of 2.1 percent in the fourth quarter.

  • *MSCI AC World set for longest streak of monthly gains in decade. LONDON, April 28- Concern about global trade and U.S. In an interview with Reuters, Trump called the U.S. trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completed a revamp of the North American Free Trade Agreement with Canada and...

  • No doubt NAFTA needs to be updated: William Daley

    William Daley, Argentiere Capital, weighs in on negotiating an update on the North American Free Trade Agreement but cautions the U.S. should be mindful of neighbors Mexico and Canada.

  • *South Korea defense ministry: No change in THAAD agreement. President Donald Trump told Reuters on Thursday he will either renegotiate or terminate what he called a "horrible" free trade deal with South Korea and said Seoul should pay for a U.S. anti-missile system that he priced at $1 billion. In an interview with Reuters, Trump called the five-year-old trade...