Economic Measures Trade

  • JERUSALEM, Nov 18- Israel's economy so far in 2018 is expanding more slowly than previously thought, after third-quarter data showed weaker-than-expected growth mainly led by government spending and exports. In a preliminary estimate, gross domestic product grew by an annualized 2.3 percent in the July-September period, the Central Bureau of Statistics...

  • A US cargo ship seen at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on Apr. 9, 2018.

    The auto industry fears that new tariffs, on top of those already enacted on Chinese-made vehicles and imported aluminum and steel, could have a major negative impact on the American new car market.

  • DUBAI, Nov 17- Iran and Iraq could raise their annual bilateral trade to $20 billion from the current level of $12 billion, President Hassan Rouhani said on Saturday, despite concerns over the economic impact of renewed U.S. sanctions. Iranian trade officials denied that any food-for-gas scheme could be set up as Iran was a net exporter of food to Iraq.

  • Iranian  President Hassan Rouhani addresses the Nelson Mandela Peace Summit September 24, 2018, one day before the start of General Debate of the 73rd session of the General Assembly at the United Nations in New York. 

    Iranian President Hassan Rouhani said on Saturday Iran and Iraq could raise annual bilateral trade to $20 billion from the current level of $12 billion.

  • DUBAI, Nov 17- Iran and Iraq could raise their annual bilateral trade to $20 billion from the current level of $12 billion, President Hassan Rouhani said on Saturday, amid concerns in Tehran over the economic impact of renewed U.S. sanctions. Rouhani's remarks, made after a meeting with visiting Iraqi President Barham Salih, came about two weeks after the United...

  • *Pence says U.S. could double tariffs on China. *U.S. will not change course until China changes. PORT MORESBY, Nov 17- The United States will not back down from its trade dispute with China, and might even double its tariffs, unless Beijing bows to U.S. demands, Vice President Mike Pence said on Saturday.

  • Vice President Mike Pence said on Saturday the United States will not end its trade action against China until it amends its trade polices. Speaking at an Asia Pacific Economic Co-operation summit in Papua New Guinea, Pence said the United States would not remove trade tariffs with China until it changes its policies. "We have taken decisive action to address...

  • Theresa May, U.K. prime minister, listens to a question from reporters as she delivers a statement on the Brexit agreement during a news conference inside number 10 Downing Street in London, U.K., on Thursday, Nov. 15, 2018. 

    Former Brexit Secretary David Davis says he thinks there is "no way" Theresa May's plan to leave the EU will make it through Parliament.  

  • The move comes weeks after Republican Senator Chuck Grassley of Iowa, one of the country's biggest farm states and the biggest hog-producing state, slammed Smithfield for receiving what he said was aid from the USDA that was meant to help American farmers hurt by China's trade tariffs. USDA has agreed to the termination, " Tim Murtaugh, a spokesman for the USDA,...

  • NEW YORK, Nov 16- The S&P 500 and Dow Industrials rose on Friday after President Donald Trump said the United States may not have to impose further tariffs on Chinese goods. U.S. stocks moved higher, however, after President Donald Trump said China seemed willing to make a deal on trade and that the United States may not have to impose further tariffs on the Chinese...

  • CHICAGO, Nov 16- U.S. soybean futures turned higher Friday after President Donald Trump said China had sent a list of things it was willing to do to resolve trade tensions with the United States and his administration may not have to impose further tariffs. China, the world's biggest soy buyer, has responded with import tariffs on U.S. goods, including soybeans.

  • Nov 16- The S&P 500 swung between gains and losses on Friday following conflicting reports on a U.S. trade deal with China, while weakness in chipmaker Nvidia weighed on the Nasdaq. President Donald Trump said the United States may not have to impose further tariffs on China, but added the situation was still not acceptable to him. Stocks have been volatile as...

  • Nov 16- The S&P 500 and the Dow gained on Friday, after U.S. President Donald Trump said that the United States may not need to impose further tariffs on Chinese imports as the world's two largest economies continue to work on an agreement to eliminate trade tensions. The Dow Jones Industrial Average rose 171.44 points, or 0.68 percent, to 25,460.71, the S&P 500...

  • President Donald Trump said on Friday that China wants to make a deal on trade and the United States may not need to impose further tariffs, as the world's two largest economies continue to work on an agreement to eliminate trade tensions.

  • President Donald Trump speaks during a news conference following Tuesday's midterm congressional elections at the White House in Washington, November 7, 2018. 

    President Donald Trump said Friday he was hopeful the U.S. and China will strike a deal on trade but added it has to be reciprocal.

  • Jim Cramer

    Fed officials need to swallow their pride and talk to more CEOs to get a better picture of the pockets of weakness in the economy, CNBC's Jim Cramer says.

  • PARIS, Nov 16- China must make concessions in negotiating reform of the World Trade Organization or risk seeing the United States turning its back on the current system, European Trade Commissioner Cecilia Malmstrom told a conference in Paris on Friday. "China has won a lot from the WTO system, and we call on China to show leadership and to engage with us to reform...

  • TOKYO, Nov 16- The United States ambassador to Japan defended his country's trade policies on Friday, saying they were not protectionist and were aimed at creating a more level playing field for American companies. And he has voiced displeasure with Japan's $69 billion trade surplus with the United States in 2017- almost two-thirds of that from auto exports- and...

  • EUROPEAN TRADE CHIEF MALMSTROM SAYS CHINA MUST HELP TO LEVEL THE PLAYING FIELD AT THE WTO, OTHERWISE U.S.

  • SHANGHAI, Nov 16- Heavy corporate dollar demand dragged the Chinese yuan lower against the greenback on Friday, but it was still on course for a winning week on news that Washington and Beijing were talking again about resolving their bitter trade dispute. But some other reports have raised hopes that China could at least buy some time if Trump can be persuaded to...