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Reuters - Business

China’s ‘market condition’ caveat on U.S. ag purchases adds to trade deal doubts

Reuters
CHICAGO (Reuters) – China’s pledge to buy U.S. farm goods based on “market conditions” during the Phase 1 trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over Beijing’s lingering tariffs on U.S. exports. FILE PHOTO: A bushel of soybeans are shown on display in......
Reuters - Business

Documents to show U.S.-China trade deal fully enforceable: Mnuchin

Reuters
WASHINGTON (Reuters) – Documents to be released Wednesday will show skeptics that a Phase 1 U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S. Treasury Secretary Steven Mnuchin said Tuesday. FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin speaks about sanctions......
Reuters - Business

Impossible Foods to trial plant-based sausage patty with Burger King

Reuters
A banh mi sandwich made with a plant-based Impossible Pork patty at the Impossible Foods headquarters in Silicon Valley, in San Francisco, California, U.S., December 19, 2019. REUTERS/Richa Naidu (Reuters) – Impossible Foods Inc on Monday launched a plant-based sausage patty that will be tested in 139 Burger King restaurants......
Reuters - Business

Exclusive: China to keep same inflation target in 2020 despite food price spike – sources

Reuters
BEIJING (Reuters) – China has decided to keep its inflation target unchanged this year at around 3%, sources say, suggesting policymakers will continue to roll out more economic support measures while avoiding aggressive stimulus. FILE PHOTO: A vendor is seen in her store at a supermarket in downtown Beijing, China,......
Reuters - Business

U.S.-China to sign ‘Phase one’ trade pact in early January: Mnuchin

Reuters
FILE PHOTO: Secretary of the Treasury Steven Mnuchin answers questions from the press after an interview on CNBC on the North Lawn of the White House in Washington, U.S., September 12, 2019. REUTERS/Sarah Silbiger. WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Thursday the United States and China......
Reuters - Business

Factbox: How China tariffs on U.S. commodities, energy stand after ‘phase one’ trade deal

Reuters
BEIJING/SINGAPORE (Reuters) – China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15. FILE PHOTO: Crude oil storage tanks are seen from above at the......
Reuters - Business

China and U.S. should continue trade talks, remove tariffs: stats bureau

Reuters
FILE PHOTO: Flags of U.S. and China are placed for a meeting between Secretary of Agriculture Sonny Perdue and China’s Minister of Agriculture Han Changfu at the Ministry of Agriculture in Beijing, China June 30, 2017. REUTERS/Jason Lee BEIJING (Reuters) – China and the United States should continue bilateral trade......
Reuters - Business

China to buy additional $32 billion in U.S. farm goods over two years, sign deal in January: USTR

Reuters
WASHINGTON (Reuters) – China has agreed to buy $32 billion of additional U.S. farm products over two years as part of a phase one trade pact, U.S. Trade Representative Robert Lighthizer told reporters on Friday, adding the deal would be signed the first week of January. FILE PHOTO: U.S. Trade......
Reuters - Business

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

Reuters
WASHINGTON (Reuters) – The United States has reached a “phase-one” trade deal in principle with China, a source briefed on talks between the two nations said on Thursday, saying a statement from the White House was expected soon. Trump was scheduled to huddle with his top trade advisers at 2:30......
Reuters - Business

High-stakes White House meeting expected Thursday to debate U.S.-China tariffs: sources

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to discuss planned Dec. 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said, as markets braced for potential negative impacts. FILE PHOTO: U.S. President Donald Trump......
Reuters - Business

Trump will make final call on China tariffs, likes direction of talks: Kudlow

Reuters
WASHINGTON (Reuters) – Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going. FILE PHOTO: Director of......

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