Tag Archives: trade

Trump downplays Apple woes, says China economy helps U.S. in trade talks

Trump downplays Apple woes, says China economy helps U.S. in trade talksTrump has slapped import tariffs on hundreds of billions of dollars of Chinese goods as he seeks concessions from Beijing on issues ranging from industrial subsidies to hacking. China has retaliated. U.S. officials are heading to Beijing next week for the first face-to-face talks since Trump and President Xi Jinping in December agreed to a 90-day truce in the trade war as they sought to strike a deal.



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Emerging Markets at Mercy of Trade and Fed After Painful 2018

Emerging Markets at Mercy of Trade and Fed After Painful 2018The tweet in question this week is President Donald Trump’s declaration that “big progress” is being made toward a deal between the U.S. and China, and it may spur gains across emerging markets. “Emerging markets have been particularly hard hit so I expect to see a relief bounce in January,” said Tarek Fadlallah, the Dubai-based chief executive officer at Nomura Asset Management Middle East.



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China Seeks Talks With India to Push Asia Trade Pact, Sources Say

China Seeks Talks With India to Push Asia Trade Pact, Sources SayThe 16-country Regional Comprehensive Economic Agreement has been in the works for a while and China is keen to conclude it by end of 2019, the people said, asking not to be identified as the matter is not public. India’s wariness about a possible flood of Chinese goods, and its demand for looser immigration rules for its tech professionals remain sticking points. China’s inability to close the trade deal highlights the continuing suspicion among its Asian trading partners over Beijing’s effort to increase its influence in the region.



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Trump touts 'big progress' with China's Xi on trade deal amid market swings

Trump touts 'big progress' with China's Xi on trade deal amid market swingsPresident Donald Trump said Saturday that he spoke with Chinese President Xi Jinping amid an ongoing trade dispute that has roiled markets.



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UK trade minister says '50-50' chance Brexit may be stopped: paper

UK trade minister says '50-50' chance Brexit may be stopped: paperBritain’s trade minister Liam Fox said there is a “50-50″ chance that Brexit may be stopped if parliament rejects the government’s divorce deal with the European Union next month. “If we were not to vote for that, I’m not sure I would give it (Brexit) much more than 50-50,” Fox, a leading supporter of leaving the EU, told the Sunday Times newspaper. With three months left until the United Kingdom is due to leave the EU on March 29, May’s Brexit deal is floundering, opening up a range of possibilities from a Brexit without a trade deal to calling Brexit off.



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Trump says "big progress" on possible China trade deal

Trump says "big progress" on possible China trade dealWASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Twitter that he had a “long and very good call” with Chinese President Xi Jinping and that a possible trade deal between the United States and China was progressing well. As a partial shutdown of the U.S. government entered its eighth day, with no quick end in sight, the Republican president was in Washington, sending out tweets attacking Democrats and talking up possibly improved relations with China. “Just had a long and very good call with President Xi of China,” Trump wrote on Saturday.



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China Heads Into Trade Talks Bracing for More U.S. Demands

China Heads Into Trade Talks Bracing for More U.S. DemandsSince Presidents Xi Jinping and Donald Trump came to a temporary truce almost a month ago, China’s removed a retaliatory duty on U.S. automobiles and is drafting a law to prevent forced technology transfers. It’s also slashed import tariffs on more than 700 products and began buying U.S. crude oil, liquefied natural gas and soybeans again. Officials have been in constant contact with the U.S. to try to determine what else is needed to move things forward in January, according to people familiar with the talks.



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China national charged with stealing trade secrets: U.S. Justice Dept

China national charged with stealing trade secrets: U.S. Justice DeptThe U.S. Justice Department said on Friday a Chinese national had been arrested for stealing trade secrets from a U.S.-based petroleum company, his employer, related to a product worth more than $ 1 billion. The department alleged Hongjin Tan downloaded hundreds of files related to the manufacture of a “research and development downstream energy market product,” which he planned to use to benefit a company in China that had offered him a job. Tan’s LinkedIn page said he has worked as a staff scientist for Phillips 66 in Bartlesville, Oklahoma, since May 2017.



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Serbia and Kosovo trade accusations over Kosovo's new army

Serbia and Kosovo trade accusations over Kosovo's new armyUNITED NATIONS (AP) — The presidents of Serbia and Kosovo traded accusations Monday at the U.N. Security Council over Kosovo's decision to transform its 4,000-strong security force into a regular army and Serbia's threat of armed intervention — but both expressed their readiness for dialogue.



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Any decision on Brexit deal will happen in New Year – British trade minister

Any decision on Brexit deal will happen in New Year - British trade ministerBritish trade minister Liam Fox said on Sunday talks with the European Union to secure “assurances” for parliament on Prime Minister Theresa May’s Brexit deal will take time, with a decision expected in the New Year. “The prime minister is giving an update tomorrow, she will be talking to the cabinet on Tuesday, it is very clear that the EU understand what the problem is.



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