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Economic Measures Trade

  • MEXICO CITY, April 24- Mexico's peso bounced back from a steep selloff on Tuesday, boosted by optimism the country would strike a new trade deal with the United States, while worries about elections drove Brazil's currency to a 16- month low. President Donald Trump said that a new North American Free Trade Agreement could be hatched quickly as officials from...

  • President Donald Trump said on Tuesday a new North American Free Trade Agreement could be agreed on quickly, as Canada hailed progress on forging new rules for the auto industry, the pivotal issue in talks to revamp the 24- year-old accord. Ministers from the United States, Canada and Mexico responsible for NAFTA met in Washington to try to narrow differences on...

  • U.S. President Donald Trump and China's President Xi Jinping arrive at a state dinner in China on November 9, 2017.

    The Trump administration wants to stop unfair trade practices, but the bigger battle is over intellectual property.

  • Toys 'R' Us sets up $156 million fund for trade claims: Lawyer

    Toys 'R' Us will set aside about $156 million to pay vendors for toys and merchandise shipped after the U.S. retailer's Chapter 11 bankruptcy filing.

  • Trade war with US could be the tipping point for China's $14 trillion debt-ridden economy

    China's GDP growth will slow if a trade war with the U.S. ensues. That, along with the Red Giant's debt bubble, puts its future at risk.

  • President Donald Trump said on Tuesday that a new North American Free Trade Agreement could be agreed quickly, as Canada hailed progress on forging new rules for the auto industry, the pivotal issue in talks to revamp the 24- year-old accord. Ministers from the United States, Canada and Mexico responsible for NAFTA met in Washington to narrow outstanding...

  • WASHINGTON— President Donald Trump said Tuesday that Treasury Secretary Steven Mnuchin will soon travel to China for talks as the two global economic powers deal with trade tensions. Trump said during a White House news conference with French President Emmanuel Macron that Mnuchin will be going to China "in a few days to negotiate on trade."

  • CHICAGO, April 24- U.S. wheat futures rallied on Tuesday, surging 2.4 percent on a bargain buying rebound after falling to their lowest in nearly three weeks early in the session. Additionally, concerns about exports continued to hang over the soybean market amid a trade dispute with top buyer China. The USDA said on Tuesday morning that private exporters...

  • WASHINGTON, April 24- President Donald Trump's trade fight with China moved inside the white marble walls of the U.S. Supreme Court on Tuesday, where lawyers for both countries faced off over whether Chinese companies can be held liable for violating U.S. antitrust laws. The Supreme Court took the unusual step of letting China present arguments even though it is...

  • *Three cargoes diverted from China to Saudi Arabia. DUBAI/ CHICAGO, April 24- Four U.S. sorghum shipments initially bound for China have been diverted to other countries after Beijing's move last week to impose hefty anti-dumping deposits on imports of the grain from the United States, according to trade sources and Reuters shipping data. Thomson Reuters Eikon...

  • U.S. Treasury Secretary Steve Mnuchin arrives at G-20 plenary during the IMF/World Bank spring meeting in Washington, April 20, 2018.

    U.S. Treasury Secretary Steven Mnuchin is headed to China in "a few days" to negotiate on trade, President Donald Trump said Tuesday.

  • WASHINGTON, April 24- President Donald Trump's trade fight with China moved inside the white marble walls of the U.S. Supreme Court on Tuesday, where lawyers for both countries faced off over whether Chinese companies can be held liable for violating U.S. antitrust laws. The Supreme Court took the unusual step on April 13 of granting China the ability to present...

  • Barry Sternlicht

    "We're rich in ideas, and rich in optimism, and rich in prosperity. But we're fiscally undisciplined," says the Starwood Capital founder.

  • President Donald Trump on Tuesday said the United States would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days. "China's very serious, and we're very serious," Trump told reporters, adding that Mnuchin would travel to China as part of a delegation requested by Beijing.

  • Trump, speaking to reporters at the White House, also said the United States was engaged in serious trade talks with the European Union, and negotiations with Mexico and Canada over North American Free Trade Agreement were going nicely.

  • CHICAGO, April 24- U.S. wheat futures fell to their lowest in nearly three weeks on Tuesday, pressured by light export demand as well as some forecasts for rain in the southern U.S. The U.S. Agriculture Department on Monday afternoon said that 5 percent of the U.S. corn crop was planted as of Sunday, well behind the five-year average and lagging market expectations.

  • Chinese President Xi Jinping.

    China's GDP growth will slow if a trade war with the U.S. ensues. That, along with the Red Giant's debt bubble, puts its future at risk.

  • LONDON, April 24- A U.S. aluminium trade group said U.S. manufacturers rely on foreign metal and called on the U.S. government to avoid quotas on nations exempted from tariffs on aluminium imports. President Donald Trump last month announced a 10 percent tariff on aluminium imports to counter what he has described as unfair international competition, but...

  • LONDON, April 24- A U.S. aluminum trade group said U.S. manufacturers rely on foreign metal and called on the U.S. government to avoid quotas on nations exempted from tariffs on aluminum imports. President Donald Trump last month announced a 10 percent tariff on aluminum imports to counter what he has described as unfair international competition, but granted...

  • Barry Sternlicht: The US caused the trade imbalance

    We drove labor out of the United States, says Barry Sternlicht, Starwood Capital Group chairman and CEO, weighing in on fair trade, and President Trump's trade negotiating skills.