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December 14, 2019

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International Agencies / Treaty Groups

Reuters - Business

U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases

Reuters
by Reuters09
WASHINGTON/BEIJING (Reuters) – The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods. Beijing has agreed to...
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Reuters - Business

U.S. sets China trade deal terms, sources say, but Beijing mum

Reuters
by Reuters04
WASHINGTON/BEIJING (Reuters) – Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing buying more American farm goods, U.S. sources said on Thursday. Beijing’s silence, however, fueled questions over whether the two sides can...
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Reuters - Business

U.S. sources say terms set for China trade deal, but Beijing mum

Reuters
by Reuters03
WASHINGTON (Reuters) – Washington will suspend some tariffs on Chinese goods and cut others in return for Beijing buying more American farm goods, U.S. sources said on Thursday, although a lack of confirmation from either side cast doubt on whether a deal was finalized. A source briefed on the status...
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Reuters - Business

China to buy $50 billion in U.S. farm goods for tariff relief: U.S. sources

Reuters
by Reuters04
WASHINGTON (Reuters) – Washington has agreed to suspend some tariffs on Chinese goods and cut others in return for Beijing’s pledge to hike U.S. farm product purchase in 2020, sources said on Thursday, taking a step to de-escalating the bitter trade war. Neither Washington nor Beijing have released any official...
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Reuters - Business

U.S. reaches ‘deal in principle’ with China on trade: source

Reuters
by Reuters04
WASHINGTON (Reuters) – The White House has reached a “deal in principle” with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks. FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks...
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Reuters - Business

Trump says U.S. and China ‘very close’ to trade deal as fresh tit-for-tat tariffs loom

Reuters
by Reuters09
BEIJING (Reuters) – China and the United States are in close communication on trade, officials in Beijing and Washington said, days before tit-for-tat tariffs are due to go into effect. FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks...
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Reuters - Business

China wants U.S. tariffs rolled back in phase one trade deal: Global Times

Reuters
by Reuters09
FILE PHOTO: A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool BEIJING (Reuters) – Beijing’s top priority...
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Reuters - Business

Top Mexican official floats prospect of labor tweak for continental trade deal

Reuters
by Reuters07
FILE PHOTO: Mexico’s Deputy Foreign Minister for North America Jesus Seade looks on during the signing of a letter of interest to support critical energy Infrastructure in Southern Mexico, in Mexico City, Mexico November 8, 2019. REUTERS/Luis Cortes (Reuters) – Adjustments could be made to how labor disputes are handled...
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Reuters - Business

China attacks U.S. at G20 as the world’s biggest source of instability

Reuters
by Reuters015
BEIJING (Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government’s top diplomat said on Saturday in a stinging attack at a G20 meeting in Japan. FILE PHOTO – China’s top diplomat State Councillor...
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Reuters - Business

Mexico’s economy minister tries to dispel concerns over labor reform

Reuters
by Reuters010
MEXICO CITY (Reuters) – Mexico’s Economy Minister Graciela Marquez said Friday that U.S. representatives should not be concerned that Mexico can implement its labor reform as the United States still has to approve a trade deal. Mexico became the first country to ratify the United States-Mexico-Canada Agreement (USMCA) agreed late...
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Reuters - Business

U.S. expected to grant Huawei 90-day license extension Monday: sources

Reuters
by Reuters014
WASHINGTON (Reuters) – The Trump administration is set to issue a 90-day extension of a license on Monday allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said. FILE PHOTO: The Huawei brand logo is seen above a store...
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Reuters - Business

UK’s Corbyn: Labour to exclude NHS, medicines from trade deals with U.S.

Reuters
by Reuters017
Britain’s opposition Labour Party leader Jeremy Corbyn holds a picture during a general election campaign event in Morecambe, Britain November 15, 2019. REUTERS/Andrew Yates (Reuters) – UK opposition leader Jeremy Corbyn said the Labour Party will exclude Britain’s National Health Service and medicines from trade deals with the United States,...
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Reuters - Business

U.S. to extend license for its companies to continue business with Huawei: sources

Reuters
by Reuters015
WASHINGTON (Reuters) – The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said. FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport...
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Reuters - Business

U.S. to extend license allowing its companies to continue business with Huawei: New York Times

Reuters
by Reuters013
FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo (Reuters) – The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd,...
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Reuters - Business

U.S. to extend license allowing its cos to continue business with Huawei: NYT

Reuters
by Reuters018
FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo (Reuters) – The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd,...
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Reuters - Business

China holds in-depth talks with U.S. on phase one of trade deal

Reuters
by Reuters017
BEIJING (Reuters) – China and the United States are holding in-depth discussions on a “phase one” trade agreement, and cancelling tariffs is an important condition to reach such a deal, the Chinese commerce ministry said on Thursday. FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade...
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Reuters - Business

China holding in-depth talks with U.S. on phase one of trade deal

Reuters
by Reuters012
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song BEIJING (Reuters) – China and the United States are holding in-depth discussions on the first phase of a trade pact, and cancelling...
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Reuters - Business

Trade talks between U.S. and China ‘hit a snag’ over farm purchases: WSJ

Reuters
by Reuters014
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song (Reuters) – U.S.-China trade negotiations have ‘hit a snag’ over farm purchases, with China not wanting a deal that looks one-sided in...
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Reuters - Business

China, U.S. agree tariff rollback if phase one trade deal is completed

Reuters
by Reuters020
WASHINGTON/BEIJING (Reuters) – China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump. The Chinese Commerce Ministry, without laying...
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