David Lebovitz, JPMorgan Asset Management, weighs in on what's impacting stocks. We need to see business confidence continue to strengthen, says Lebovitz.
David Lebovitz, JPMorgan Asset Management, and Rob Martin, Barclays U.S. economist, weigh in on what's impacting the markets, including soaring consumer confidence, jobs and wages.
President Donald Trump holds his first meeting with Chinese President Xi Jinping on Thursday facing pressure to deliver trade concessions for some of his most fervent supporters and prevent a crisis with North Korea from spiraling out of control. Trump, a former real estate magnate is still finding his footing in the White House and has yet to spell out a...
BRUSSELS, April 6- The European Commission said on Thursday it had set' anti-dumping' duties on imports of hot-rolled flat steel products from China at a higher rate than those already in place, angering Beijing. The Commission, acting on behalf of the 28 EU countries, set final duties of between 18.1 and 35.9 percent for five years for producers including Bengang...
BEIJING, April 6- China's commerce ministry said on Thursday that it is highly concerned by the European Union decision to slap 18.1 percent to 35.9 percent anti-dumping duty on China's hot-rolled steel coil.
*Iran stored oil on 25 tankers during sanctions. LONDON, April 6- Iran has sold all the oil it had stored for years at sea and Tehran is now struggling to keep exports growing as it grapples with production constraints, shipping and oil sources say. Since the easing of international sanctions in January 2016, Iran tried to make up for lost sales by releasing millions...
Ahead of the China-U.S. summit, Guo Yu, principal China analyst at Verisk Maplecroft, discusses the key issues facing the two economies, including trade.
Christoph M. Schmidt, chairman for the German Council of Economic Experts, talks about Germany, with specific comment on the upcoming election and trade relations with the U.S.
Adrian Zuercher, UBS, says given how this is the first time the political leaders are meeting, outcomes are likely to have little material impact on markets.
*Data expected to show continued solid growth for China's economy. *March activity indicators, Q1 GDP on April 17. BEIJING, April 6- A flurry of data in coming weeks is expected to show China posted solid economic growth in March, as President Xi Jinping and President Donald Trump meet for the first time this week with China's trade surplus expected to be high on the...
NEW YORK, April 5- Poland's desire to cut natural gas imports from Russia has led to an "understanding" with the United States to work toward a deal to export liquefied natural gas to its new Baltic Sea terminal, the country's deputy prime minister said on Wednesday. Poland's liquefied natural gas terminal in the Baltic Sea was completed in 2015 and opened last year.
OTTAWA, April 5- Canada's Liberal Prime Minister Justin Trudeau has turned to a Conservative predecessor, also known as father of free trade, to help smooth ties with U.S. President Donald Trump and to protect exports, Canada's trade minister said on Wednesday. Former Prime Minister Brian Mulroney will advise a cabinet committee in Ottawa this week, sharing his...
Brazilian exports outweighed imports by more than $7 billion in March despite fears over the country’s on-going meat scandal.
Mr. Trump’s portrayal of trade deficits entails crucial departures from economic reality, New York Times reports.
Rick Helfenbein, American Apparel & Footwear Association (AAFA) president and CEO, discusses the impact of a border adjustment tax on the retail industry.
BERLIN, April 5- A senior ally of German Chancellor Angela Merkel pressed Japan on Wednesday to quickly seal a trade deal with the European Union, especially in light of protectionist signals coming from U.S. "Talks about a free trade deal between the EU and Japan must be completed fast. President Trump, the time for hesitation is gone, "Kauder said in a statement...
Rick Helfenbein, American Apparel & Footwear Association (AAFA) president and CEO, discusses the industry's hopes for trade out of the meeting between U.S. President Donald Trump and China President Xi Jinping.
"There needs to be a more level playing field," Gary Locke tells CNBC.
*Turkey- Russia spat creates opportunity for U.S. rice. *Turkey acting as hub for rice exports to neighbors including Iraq and Syria. "Some Russian rice was going into Turkey and now there are problems, so we see it as an opportunity to sell more into Turkey," Yielding said.
Gary Locke, former Commerce secretary, talks about President Trump's trade threats to China, and why both countries will lose if they don't open up trade.