30.38 F
New York City
January 24, 2020
Home » tariffs

tariffs

Reuters - Business

Trump threatens big tariffs on car imports from EU if no trade deal struck: CNBC

Reuters
DAVOS, Switzerland (Reuters) – U.S. President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn’t agree to a trade deal. U.S. President Donald Trump talks during a bilateral meeting with Iraqi President Barham Salih (not pictured) at the......
Reuters - Business

No turning point in sight as IMF predicts sluggish global growth

Reuters
WASHINGTON/DAVOS (Reuters) – Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said on Monday. FILE PHOTO: Workers erect scaffolding at a construction site of a......
Reuters - Business

IMF cuts global growth forecasts as India falters, says bottom may be near

Reuters
WASHINGTON (Reuters) – The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other emerging markets but said a U.S.-China trade deal was another sign that trade and manufacturing activity may soon bottom out. FILE PHOTO: Workers erect scaffolding at......
Reuters - Business

China will increase imports from U.S. according to ‘market principles’: official

Reuters
FILE PHOTO: Chinese Vice Premier Liu He and U.S. President Donald Trump sign “phase one” of the U.S.-China trade agreement during a ceremony in the East Room of the White House in Washington, U.S., January 15, 2020. REUTERS/Kevin Lamarque BEIJING (Reuters) – China will negotiate with American companies and increase......
Reuters - Business

China posts weakest growth in 29 years as trade war bites, but ends 2019 on better note

Reuters
BEIJING (Reuters) – China’s economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand. A girl runs past a man as he smokes......
Reuters - Business

China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note

Reuters
BEIJING (Reuters) – China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown. FILE PHOTO: Containers are seen at Yantian port......
Reuters - Business

China set to post weakest growth in 29 years as trade war bites, investment sputters

Reuters
BEIJING (Reuters) – China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown. FILE PHOTO: A teller counts......
Reuters - Business

China, U.S. sign initial trade pact but doubts and tariffs linger

Reuters
BEIJING/WASHINGTON (Reuters) – China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth. Key world......
Reuters - Business

Chinese financial institutions can cope with foreign competition: central bank

Reuters
FILE PHOTO: A Chinese national flag flutters outside the headquarters of the People’s Bank of China, the Chinese central bank, in Beijing, China April 3, 2014. REUTERS/Petar Kujundzic BEIJING (Reuters) – Chinese financial institutions are completely capable of coping with foreign competition as the sector is freed up, the central......
Reuters - Business

With a mixture of fanfare and grievance, Trump signs U.S.-China trade deal

Reuters
WASHINGTON (Reuters) – He listed familiar grievances, praised and criticized his guests, and seemed to blow off some steam. Chinese Vice Premier Liu He (L) reaches out to U.S. President Donald Trump (R) as he approaches the podium to speak during a signing ceremony for “phase one” of the U.S.-China......
Reuters - Business

In U.S.-China Phase 1 trade deal, enforcement may end in ‘We quit’

Reuters
WASHINGTON (Reuters) – The Trump administration is touting the U.S.-China Phase 1 trade deal’s dispute settlement and enforcement mechanism as the major difference between the 86-page agreement unveiled on Tuesday and past pledges by Beijing to change its trade practices. U.S. President Donald Trump stands Chinese Vice Premier Liu He......
Reuters - Business

U.S. and China tiptoe around holes in new trade agreement

Reuters
WASHINGTON (Reuters) – The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world’s two largest economies but leaving a number of sore spots unresolved. Beijing and Washington touted......
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

U.S. and China tiptoe around holes in new trade agreement

Reuters
WASHINGTON (Reuters) – The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world’s two largest economies but leaving a number of sore spots unresolved. Beijing and Washington touted......
Reuters - Business

U.S. economy expands modestly but trade tensions weigh, Fed survey shows

Reuters
WASHINGTON (Reuters) – The U.S. economy expanded at a modest pace through the final six weeks of 2019 but uncertainty over U.S. trade policy continued to hurt firms, a survey conducted by the Federal Reserve said on Wednesday. FILE PHOTO: Engine casting blocks, used in a variety of General Motors......
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

U.S. to maintain tariffs on Chinese goods until Phase 2 deal: Mnuchin

Reuters
WASHINGTON (Reuters) – The United States will maintain tariffs on Chinese goods until the completion of a second phase of a U.S.-China trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal. FILE PHOTO: U.S. Treasury Secretary Steve......
Reuters - Business

China to ramp up U.S. buys under trade deal, but skeptics question targets

Reuters
WASHINGTON (Reuters) – China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to a source, though some U.S. trade experts call it an unrealistic target. Under the trade deal to......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More