U.S., China haggle over toughest issues in trade war talks

U.S., China haggle over toughest issues in trade war talks
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators haggled on Thursday over the details of a set of agreements aimed at ending their trade war, just one week before a Washington-imposed deadline for a deal expires and triggers higher U.S. tariffs. U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross (Top-L) pose for... Read More

U.S., China resume trade talks to thrash out structural agreements

U.S., China resume trade talks to thrash out structural agreements
WASHINGTON (Reuters) – The top U.S. and Chinese trade negotiators resumed high-level talks on Thursday to hash out a deal that could end their trade war, just over a week before a U.S.-imposed deadline to reach agreement expires and triggers a new round of tariffs. U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross... Read More

U.S. Agriculture Secretary says hopes US will ratify new North American trade deal by summer

U.S. Agriculture Secretary says hopes US will ratify new North American trade deal by summer
U.S. Secretary of Agriculture Sonny Perdue speaks during an event hosted by U.S. President Donald Trump with workers on “Cutting the Red Tape, Unleashing Economic Freedom” in the Oval Office of the White House in Washington, U.S., October 17, 2018. REUTERS/Joshua Roberts WASHINGTON (Reuters) – U.S. Agriculture Secretary Sonny Perdue said on Thursday that he hopes the United States will... Read More

Global shares retain gains, Aussie felled by rates and coal woes

Global shares retain gains, Aussie felled by rates and coal woes
LONDON (Reuters) – Signs the United States and China were tackling some of the stickiest issues in their trade war kept world shares near a four-month high on Thursday, though it could not prevent a favorite Chinese proxy, the Aussie dollar, hitting the skids. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11,... Read More

Global shares retain gains, Aussie whacked by rates and coal woes

Global shares retain gains, Aussie whacked by rates and coal woes
LONDON (Reuters) – Signs the United States and China were tackling some of the stickiest issues in their trade war kept world shares near a four-month high on Thursday, though it could not prevent a favorite Chinese proxy, the Aussie dollar, hitting the skids. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11,... Read More

Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles

Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles
TOKYO (Reuters) – Asian shares pulled ahead to fresh 4-1/2-month highs and U.S. equity futures rose on a Reuters report that the United States and China have started to tackle the stickiest issues in their trade war. Visitors look at a stock quotation board at Tokyo Stock Exchange in Tokyo Japan, October 11, 2018. REUTERS/Issei Kato/File Photo Spread-betters expect Frankfurt’s... Read More

Exclusive: U.S., China sketch outlines of deal to end trade war – sources

Exclusive: U.S., China sketch outlines of deal to end trade war – sources
WASHINGTON (Reuters) – The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources familiar with the negotiations. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin, second from left, U.S. Trade Representative Robert Lighthizer, third from left,... Read More

Factbox: U.S., China drafting memorandums for possible trade deal

Factbox: U.S., China drafting memorandums for possible trade deal
(Reuters) – Top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues in their seven-month trade war. FILE PHOTO: Workers transport imported soybean products at a port in Nantong, Jiangsu province, China April 9, 2018. REUTERS/Stringer/File Photo The world’s two largest economies are trying... Read More

After strong 2019 start for U.S. stocks, trade verdict looms

After strong 2019 start for U.S. stocks, trade verdict looms
NEW YORK (Reuters) – Optimism about a U.S.-China trade agreement has helped drive U.S. stocks to more than two-month highs, creating a make-or-break moment for Wall Street as a year-long clash between the world’s two largest economies comes to a head. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February... Read More

U.S.-China trade talks to resume next week, Trump hints at extension

U.S.-China trade talks to resume next week, Trump hints at extension
BEIJING/WASHINGTON (Reuters) – The United States and China will resume trade talks next week in Washington with time running short to ease their bruising trade war, but U.S. President Donald Trump repeated on Friday that he may extend a March 1 deadline for a deal and keep tariffs on Chinese goods from rising. Both the United States and China reported... Read More