Trump tweets optimism on China trade, lines up new U.S. tariffs

Trump tweets optimism on China trade, lines up new U.S. tariffs
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump sounded optimistic about prospects for a trade deal with China on Tuesday even as his administration readied 25 percent tariffs on all remaining Chinese imports with no new talks scheduled. In early-morning tweets, Trump kept up his “America First” agenda in support of hefty tariffs and called on U.S. companies to back him... Read More

U.S. leaves rare earths, critical minerals off China tariff list

U.S. leaves rare earths, critical minerals off China tariff list
BEIJING (Reuters) – The United States has again decided not to impose tariffs on rare earths and other critical minerals from China, underscoring its reliance on the Asian nation for a group of materials used in everything from consumer electronics to military equipment. FILE PHOTO: Chinese staffers adjust U.S. and Chinese flags before the opening session of trade negotiations between... Read More

China says U.S. has agreed to keep talking over trade war

China says U.S. has agreed to keep talking over trade war
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful. The slightly more optimistic comments came after both sides ramped up their trade war, with China announcing details of new tariffs against... Read More

China says agreed with U.S. to keep talking over trade war

China says agreed with U.S. to keep talking over trade war
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful. The slightly more optimistic comments came after both sides ramped up their trade war, with China announcing details of new tariffs against... Read More

China, U.S. have ‘wisdom’ to resolve trade dispute, says senior diplomat

China, U.S. have ‘wisdom’ to resolve trade dispute, says senior diplomat
BEIJING/WASHINGTON (Reuters) – China and the United States both have the “ability and wisdom” to reach a trade deal that is good for both, the Chinese government’s top diplomat said, as U.S. President Donald Trump said he thought recent talks in Beijing would be successful. The slightly more optimistic comments came after both sides ramped up their trade war, with... Read More

China, U.S. have ‘wisdom’ to resolve trade dispute, says Beijing’s top diplomat

China, U.S. have ‘wisdom’ to resolve trade dispute, says Beijing’s top diplomat
BEIJING/WASHINGTON (Reuters) – China and the United States both have the “ability and wisdom” to reach a trade deal that is good for both, the Chinese government’s top diplomat said, as U.S. President Donald Trump said he thought recent talks in Beijing would be successful. FILE PHOTO: U.S. President Donald Trump takes part in a welcoming ceremony with China’s President... Read More

What’s at stake for Europe Inc in a trade spat with Washington

What’s at stake for Europe Inc in a trade spat with Washington
LONDON (Reuters) – Europe’s listed companies are expected to generate 1.2 trillion euros (£1.04 trillion) in revenue from the United States this year, highlighting what’s at stake as global trade tensions grow and earnings and economic growth stall. A worker sweeps up the floor in preparation for a BMW press conference at the Los Angeles Auto Show in Los Angeles,... Read More

Trump and Xi to meet after defiant China hits U.S. with new tariffs

Trump and Xi to meet after defiant China hits U.S. with new tariffs
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as the trade war between the world’s two largest economies intensified, sending shivers through global markets. China announced earlier it would impose higher tariffs on a range of U.S. goods, including frozen vegetables and liquefied natural gas, a move that followed... Read More

Cellphones and laptops on latest USTR China tariff list, drugs excluded

Cellphones and laptops on latest USTR China tariff list, drugs excluded
WASHINGTON (Reuters) – A list of products subject to possible U.S. tariffs on about $300 billion of Chinese imports will include cellphones and laptop computers but not pharmaceuticals and rare earth materials, the U.S. Trade Representative’s Office said on Monday. It said a public hearing will be held on June 17 on its list of 3,805 product categories that could... Read More

Bayer hires law firm to investigate Monsanto stakeholder file issue

Bayer hires law firm to investigate Monsanto stakeholder file issue
FILE PHOTO: Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay/File Photo FRANKFURT (Reuters) – Bayer said on Sunday it was hiring an outside law firm to investigate French media complaints that Monsanto, the U.S. seed maker it took over last year, had compiled... Read More