The president’s claims about enormous trade deficits, tariffs and the World Trade Organization are overstated and contradicted by his own economic report. [Source]
BEIJING (Reuters) - Voicing hopes that Beijing and the United States could avoid a trade war, Premier Li Keqiang told the close of the annual parliament session that China would open its economy further, so that foreign and Chinese firms can compete on an equal footing.
BUENOS AIRES (Reuters) - The world's financial leaders sought on Monday to endorse free trade amid concerns over U.S. tariffs on steel and aluminium, while the United States said it could not sacrifice its national interests to make the system work.
BUENOS AIRES (Reuters) - The world's financial leaders were seeking on Monday to clearly endorse free trade and renounce protectionism amid concern that U.S. tariffs on steel and aluminum and looming actions against China could trigger a trade war that would hurt global growth.
A real estate investment startup co-founded by Jared Kushner skirted New York City laws and earned his company more money than expected when they flipped the properties, according to a report by Bloomberg.
WASHINGTON (Reuters) - Forty-five U.S. trade associations representing some of the largest companies in the country are urging President Donald Trump not to impose tariffs on China, warning it would be "particularly harmful" to the U.S. economy and consumers.
Buenos Aires (Reuters) - Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump's steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid strengthening growth.
BUENOS AIRES (Reuters) - Germany's new finance minister Olaf Scholz warned on Sunday that protectionism could harm future economic prospects and said Germany would continue talks to dissuade the United States from imposing planned punitive steel and aluminum tariffs.
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions fired the FBI's former No.2 official Andrew McCabe Friday, prompting McCabe to say he is being targeted because he is a crucial witness into whether President Donald Trump tried to obstruct the Russia investigation.
SAN FRANCISCO (Reuters) - A senior executive said Microsoft Corp thoroughly investigates issues raised by women in the workplace and fired about 20 employees last year over complaints of sexual harassment as the company seeks to counter claims that it treats female workers unfairly.
March 16 (Reuters) - SunPower Corp said on Friday it was strongly considering expanding its solar panel manufacturing in the United States as it grapples with the Trump administration's tariffs on solar imports.
SEOUL (Reuters) - U.S. President Donald Trump asked South Korean officials to show flexibility in trade negotiations with the United States in a phone call with South Korean President Moon Jae-in, the Blue House said in a statement on Friday.
LONDON (Reuters) - A major revamp of how investment funds are managed and regulated in Europe appears to be aimed at taking business from Britain and should be scrapped as there is no evidence it is...
HONG KONG (Reuters) - Li Ka-shing's rise from penniless immigrant in 1940 to billionaire tycoon is the consummate success story in Hong Kong, a city which progressed alongside him from trading outpost to one of the world's biggest financial centers.
SYDNEY (Reuters) - The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said on Friday, amid fears about a possible trade war sparked by U.S. plans to raise tariffs on steel and aluminum imports.
JOHANNESBURG (Reuters) - Independent tests at RCL Foods' processed meat factory have not found any traces of a listeria strain that has killed 180 people since January last year, the South African food producer said on Friday.
SYDNEY (Reuters) - Australia's competition regulator said on Friday it was suing credit reporting company Equifax Pty Ltd, owned by U.S.-based Equifax Inc , alleging it misled consumers and used unfair tactics with people in financial hardship.
SYDNEY (Reuters) - The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism and embrace free trade, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart Lee Hsien Loong said on Friday.
(Reuters) - The Dow Jones Industrial Average added more than 200 points on Thursday as industrial stocks gained after the White House trade adviser sought to play down chances of a trade war due to protectionist policies.
The U.S. had a trade surplus with Canada of $12.5 billion in 2016. But during a fund-raiser in Missouri on Wednesday evening, the president recounted ignoring that reality in a meeting with the Canadian prime minister.
SAO PAULO, March 15 (Reuters) - Latin American equities slumped for the third straight session on Thursday, as traders said fears of a trade war continued, with Brazil's Bovespa leading losses due in part to disappointing results at state-run oil company Petroleo Brasileiro SA. Earlier in the week, sources told Reuters that U.S. President Donald Trump was seeking to impose tariffs on up to $60 billion of Chinese imports, targeting the technology and telecommunications sectors. Trade
President Donald Trump boasted at a private fundraiser Wednesday of making up trade claims during a meeting with Canadian Prime Minister Justin Trudeau before knowing whether they were true, according to The Washington Post.
LUXEMBOURG (Reuters) - EU judges failed to see the funny side of branding a chain of pizzerias as "The Mafia", rejecting an appeal on Thursday by a Spanish company to keep European trademark protection for its marketing slogan.
TOKYO (Reuters) - Stock markets slipped broadly on Thursday while government bonds attracted safe-haven demand amid mounting investor concerns that growing trade tensions would hurt the global economy.
TOKYO (Reuters) - Stock markets sagged broadly on Thursday while government bonds attracted safe-haven demand amid mounting investor concerns that growing trade tensions would hurt the global economy.
NEW YORK (Reuters) - U.S. stocks fell on Wednesday after President Donald Trump sought to impose fresh tariffs on China, intensifying fears of a trade war that could raise costs and hurt overseas sales for U.S. companies.
(Reuters) - The Dow Jones Industrial Average fell more than 250 points, or 1 percent, on Wednesday as industrial stocks tumbled over growing fears of a trade war with China after President Donald Trump sought to impose fresh tariffs.
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross told a Senate panel on Wednesday that the administration of President Donald Trump plans to continue to protect U.S. biofuel producers with trade actions, such as tariffs.
WASHINGTON (Reuters) - The Trump administration is pressing China to cut its trade surplus with the United States by $100 billion, a White House spokeswoman said on Wednesday, clarifying a tweet last week from President Donald Trump.
MOSCOW (Reuters) - Russian gas giant Gazprom will cut hundreds of jobs at its overseas trading and export offices, including Britain, and move them to St Petersburg, according to two sources familiar with the plan, which comes at a time of rising tensions with the West.
LONDON (Reuters) - World shares slipped for the second straight day and the dollar held near one-week lows after U.S. President Donald Trump's threats to slap $60 billion in tariffs on Chinese imports reminded investors of the threat to world economic growth.
CANONSBURG, Pa. (Reuters) - The Democrat candidate claimed a congressional election in a Republican heartland in Pennsylvania, as a vote seen as a referendum on Donald Trump's performance as president remained officially too close to call early on Wednesday.
SYDNEY (Reuters) - Shares faltered and the dollar skidded on Wednesday as investors fretted over the threat of new U.S. tariffs on Chinese imports, brushing aside data that showed the Asian economy got off to a solid start in 2018.
BEIJING (Reuters) - China's industrial output grew much faster than expected at the start of the year, suggesting the economy may be picking up momentum even as U.S. President Donald Trump readies hefty tariffs against one its most strategic growth drivers -- technology.
NEW YORK (Reuters) - U.S. airlines will carry an all-time high number of passengers this spring, an industry trade group forecast on Wednesday, as increased competition and persistently lower fares make flying more accessible to the general public.
BRUSSELS (Reuters) - The world's financial leaders will pledge to fight unfair trade practices and stress the role of global trade rules when they meet on March 20, as the United States raises the threat of a global trade war by imposing import tariffs on steel and aluminum.
KRANJ, Slovenia (Reuters) - The first monument to the blockchain technology that underpins crypto-currencies took center stage on Tuesday on a roundabout in Slovenia, authorities in the country's fourth largest city said.
NEW YORK (Reuters) - Renewable fuel credits for 2018 continued their sharp decline on Tuesday after the U.S. Environmental Protection Agency granted a bankrupt Philadelphia refiner significant relief from its biofuel obligations.
STRASBOURG (Reuters) - The European Union's Brexit negotiator Michel Barnier hammered home again on Tuesday that Britain would not retain its current privileges, including on trade, once it leaves the bloc.
WASHINGTON (Reuters) - A farm lobbying group is spending $500,000 to air television ads on channels near U.S. President Donald Trump's home in Florida to encourage free trade, with the group worried recent metal tariffs could result in retaliation against U.S. agricultural goods.
NEW YORK (Reuters) - U.S. President Donald Trump's move to impose tariffs on steel and aluminum imports has rippled through financial markets, but stocks appear to be shrugging off the potential for a broader global trade war, according to Goldman Sachs strategists.
LONDON, March 12 (Reuters) - Thomson Reuters Corp is to track and analyse chatter about bitcoin on hundreds of news and social media websites to help investors looking for an edge in trading the world's biggest cryptocurrency, the company said on Monday.
TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist.
DUBAI, March 12 (Reuters) - Qatar's stock market rose sharply in early trade on Monday because of a jump by Qatar National Bank, after the bank said it would raise its ceiling for foreign ownership. Most other Gulf bourses were also firm.
FRANKLIN PARK, Ill. (Reuters) - Nestled in an industrial park near the end of the runway of O’Hare International Airport, Metal Box International Inc. should be one of the winners of a little-known trade war over toolboxes.
BERLIN (Reuters) - Germany denounced moves by President Donald Trump to impose tariffs on U.S. metal imports, saying Europe needed a united response to the threat and echoing criticism from China that it risked undermining the global trade system.
WASHINGTON (Reuters) - Democratic U.S. Senator Elizabeth Warren, who has traded barbs with President Donald Trump, said on Sunday she's "not afraid of tariffs," but stopped short of endorsing his decision to launch steep tariffs on steel and aluminum.
BERLIN (Reuters) - U.S. President Donald Trump's tariffs on steel and aluminum imports will cost jobs and growth, German Economy Minister Brigitte Zypries told Reuters on Sunday, adding that Europe and other free traders should not let themselves be divided.
BEIJING (Reuters) - Any trade war with the United States will only bring disaster to the world economy, Chinese Commerce Minister Zhong Shan said on Sunday, as Beijing stepped up its criticism on proposed metals tariffs by Washington amid fears it could shatter global growth
BERLIN (Reuters) - A trade war between Europe and the United States can still be averted, German Economy Minister Brigitte Zypries said on Saturday, adding she hoped that talks in Brussels this weekend could help to prevent an escalation.
HOUSTON, March 9 (Reuters) - Two influential U.S. senators pushed President Donald Trump on Friday to be more nuanced in his approach to trade in the wake of his controversial decision to impose tariffs on most steel and aluminum imports.
LONDON (Reuters) - A marked shift toward protectionism by President Donald Trump caused sharp outflows from U.S. large-cap stocks this week, Bank of America Merrill-Lynch (BAML) strategists said on Friday.
TOKYO March 9 (Reuters) - Major Asian nations reacted sharply on Friday to U.S. President Donald Trump's decision to impose tariffs on steel and aluminium imports, warning of damage to relations amid industry calls for retaliation.
TOKYO (Reuters) - Major Asian nations reacted sharply to U.S. President Donald Trump's decision to impose tariffs on steel and aluminum imports on Friday, warning of damage to relations amid industry calls for retaliation.
WASHINGTON/SHANGHAI (Reuters) - Tesla Inc Chief Executive Elon Musk took to Twitter on Thursday to call on U.S. President Donald Trump to challenge China's auto trade rules, which limit foreign ownership of Chinese ventures and impose steep tariffs on imported cars.
CARACAS, March 8 (Reuters) - Venezuelan state oil company PDVSA has sued a group of oil trading companies through a U.S. trust over a multi-billion dollar corruption scheme to buy petroleum products below market value, the lawyer representing the trust said on Thursday.
SANTIAGO (Reuters) - Eleven countries including Japan and Canada signed a landmark Asia-Pacific trade agreement without the United States on Thursday in what one minister called a powerful signal against protectionism and trade wars.
SANTIAGO (Reuters) - Eleven countries will sign a landmark Asia-Pacific trade agreement without the United States in Santiago on Thursday in what one minister called a powerful signal against protectionism and trade wars.
HOUSTON/NEW YORK (Reuters) - Global executives and traders are bracing for higher volatility in fuel markets as they expect refiners to process more light crude oil in the lead-up to new rules aimed at slashing the use of dirty high-sulfur fuel oil in global shipping.
PARIS/BEIJING (Reuters) - Europe and China warned President Donald Trump on Thursday they would respond in the event of a trade war with the United States, with one Brussels official saying retaliation could also target goods from areas governed by his Republican Party.
SANTIAGO (Reuters) - Eleven countries are expected to sign a landmark Asia-Pacific trade agreement in Santiago on Thursday, as an antidote to the increasingly protectionist bent of the United States, which last year pulled out of the pact.
BEIJING (Reuters) - China will respond as necessary in the event of a trade war with the United States, Foreign Minister Wang Yi said on Thursday, while warning that such a war would only harm all sides.
The attorney representing the porn star who is suing President Donald Trump says the President's personal lawyer had a restraining order issued against her and continues to pressure her to keep her silent.
WASHINGTON (Reuters) - The U.S. trade deficit increased to a more than nine-year high in January, with the shortfall with China widening sharply, suggesting that President Donald Trump's "America First" trade policies aimed at eradicating the deficit will likely fail.
WASHINGTON/LUXEMBOURG (Reuters) - U.S. President Donald Trump looked set on Wednesday to authorize steep tariffs on imported steel and aluminium this week as he stepped up pressure against China to develop a plan to reduce its trade imbalance with the United States by a billion dollars.
(Reuters) - Wall Street's main indexes fell on Wednesday as investors worried the exit of staunch free trade supporter Gary Cohn from the White House made the imposition of hefty steel and aluminum tariffs and eruption of a global trade war more likely.
When Cecil the lion was killed outside of a national park in Zimbabwe in 2015, it sparked worldwide ire and months of mourning and attention. Cecil, a large black-maned lion, was a protected animal and his death at the hands of an American dentist on a hunting trip was analyzed from every possible angle.
LONDON, March 7 (Reuters) - The number of sovereign investors planning to underweight U.S. assets in the next 12 months has jumped to 43 percent, a survey showed, with almost a third citing trade wars and increased protectionism as the biggest tail risk.
WASHINGTON, (Reuters) - The U.S. trade deficit increased to a more than nine-year high in January, with the shortfall with China widening sharply, suggesting that President Donald Trump's "America First" trade policies are unlikely to have a material impact on the deficit.
LONDON (Reuters) - Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his top economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and aluminum.
(Reuters) - U.S. stock index futures fell sharply on Wednesday after the resignation of top economic adviser Gary Cohn, a supporter of free trade in the White House, triggered worries that President Donald Trump may push ahead with plans to impose hefty metal tariffs and ignite a global trade war.
(Adds broker comment, updates prices) MELBOURNE/BEIJING, March 7 (Reuters) - Most London metals slipped on Wednesday on heightened fears of a trade war that could derail global growth after U.S. President Donald Trump said he would push ahead with his plan to impose heavy tariffs on steel and aluminium imports. The threat of a trade war has led to speculative buying, Kingdom Futures CEO Malcolm Freeman wrote in a note, on expectations that metal will be harder and more expensive to com
TOKYO (Reuters) - Global stocks and the dollar slumped on Wednesday after a key advocate for free trade in the White House resigned, fanning fears that President Donald Trump will proceed with tariffs and risk a trade war.
WASHINGTON (Reuters) - Economic nationalists appeared to gain the upper hand in a White House battle over trade with the resignation of Donald Trump's top economic adviser, Gary Cohn, on Tuesday in a move that could ramp up protectionist measures that risk igniting a global trade war.
TOKYO (Reuters) - Global stocks and the dollar slumped on Wednesday after a key advocate for free trade in the White House announced his resignation, fanning fears President Donald Trump would go ahead with tariffs and risk a trade war.
WASHINGTON, March 6 (Reuters) - Economic nationalists appeared to gain the upper hand in a White House battle over trade with the resignation Donald Trump's top economic adviser, Gary Cohn, on Tuesday in a move that could ramp up protectionist measures that risk igniting a global trade war. Cohn did not spell out the reasons for his resignation. He had told Trump that markets would slump on a tariffs threat and was regarded as a bulwark of economic orthodoxy in an administration whose protection
NEW YORK (Reuters) - U.S. stocks eked out a small gain on Tuesday after a choppy session as investors worried about the prospects of a trade war due to mixed signals from Washington on whether U.S. President Donald Trump would follow through with proposed tariffs.
(Reuters) - U.S. stock futures pointed to a higher opening on Tuesday on the prospect of talks between North Korea and the United States and increasing resistance to President Donald Trump's proposed metals tariffs.
SALISBURY, England (Reuters) - A former Russian double agent convicted of treason in Moscow was critically ill in a British hospital on Tuesday after exposure to an unknown substance, with police saying it had to be "alive to the fact of state threats".
TOKYO, March 6 (Reuters) - Asian share regained some ground on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminium tariffs, easing investor worries about an imminent trade war.
TOKYO (Reuters) - Asian share regained some ground on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminum tariffs, easing investor worries about an imminent trade war.
WASHINGTON (Reuters) - U.S. President Donald Trump increased pressure on Canada and Mexico over trade on Monday, saying the two could avoid being caught in his planned hefty tariffs on steel and aluminum if they ceded ground in talks on a new NAFTA trade deal.
NEW YORK (Reuters) - U.S. stocks rallied on Monday as fears of a global trade war ebbed with investors betting that U.S. President Donald Trump would back down on his threat to impose hefty tariffs on steel and aluminum imports.
BERLIN (Reuters) - Chancellor Angela Merkel said on Monday she would work with France to tackle pressing issues such as trade policy, the war in Syria and competition with China after the Social Democrats (SPD) approved joining a coalition with her conservatives.
NEW YORK, March 5 (Reuters) - Oil prices rallied on Monday and stocks across the globe also rose as investors saw tariff threats as a U.S. negotiating tactic and not a done deal, while concern ebbed over an inconclusive Italian election.
WASHINGTON/MEXICO CITY (Reuters) - U.S. President Donald Trump increased pressure on Canada and Mexico over trade on Monday, saying the two could avoid being caught in his planned hefty tariffs on steel and aluminum imports if they ceded ground to Washington in talks on a new NAFTA trade deal.
(Reuters) - U.S. stocks swung higher on Monday, coming off a turbulent period following concerns that President Donald Trump's threat to impose hefty tariffs of steel and aluminum would spark a global trade war.
From behind bars in a sweltering immigration detention center in Bangkok, a self-styled "sex coach" who claims to have detailed insider knowledge of Russian meddling in the US election says she wants to cooperate with US investigators.
ROME (Reuters) - Italy's euroskeptic League claimed the right to lead a new government on Monday, telling investors they should have no fear of it taking office after an inconclusive election gave its center-right alliance the largest bloc of votes.
(Reuters) - S&P 500 and Dow Jones Industrials futures pointed to a lower opening for Wall Street on Monday, tracking broad losses on world markets due to worries over Italy and concerns that President Donald Trump has launched a global trade war.
SEOUL (Reuters) - South Korea's capital has closed an exhibition by poet Ko Un, long the country's hope for a Nobel Prize in literature, amid allegations of sexual misconduct and the government is considering removing his work from textbooks.
SYDNEY (Reuters) - Asian investors dumped shares and drove to the safety of the yen and gold on Monday amid fears of a global trade war and worries of political uncertainty in Italy, risks that cloud the outlook for world growth.
SYDNEY, March 5 (Reuters) - Asian investors dumped shares and drove to the safety of the yen and gold on Monday amid fears of a global trade war and worries of political uncertainty in Italy, risks that cloud the outlook for world growth.
SYDNEY, March 5 (Reuters) - Asian shares stumbled to near three-week lows on Monday amid fears of a global trade war, while the euro was unsteady in currency markets due to worries that an anti-establishment coalition government could emerge from elections in Italy.
WASHINGTON (Reuters) - A top trade adviser to U.S. President Donald Trump said on Sunday a process will be in place for businesses to get exemptions from the White House plan to place steep tariffs on steel and aluminum, offering the first indication a tariff hike could be less broad than first thought.
PRETORIA (Reuters) - South African George Coetzee carded four birdies on the back nine to claim the European Tour’s Tshwane Open with a tournament total of 18 under par on his home course at the Pretoria Country Club on Sunday.
MEXICO CITY (Reuters) - Canadian Foreign Minister Chrystia Freeland will on Sunday meet a top U.S. Republican lawmaker overseeing trade as tensions between the two neighbors ramp up over possible American steel and aluminum tariffs.
BEIJING (Reuters) - China does not want a trade war with the United States, Zhang Yesui, a spokesman for the Chinese parliament, said on Sunday at a briefing ahead of China's annual session of parliament, which begins this week.
MEXICO CITY (Reuters) - Donald Trump may be president of the United States but his words do not necessarily carry the weight of the U.S. government at the biggest trade shake-up he is pushing. Sometimes, it is better to block them out and carry on, participants say.
MEXICO CITY (Reuters) - Donald Trump may be president of the United States but his words do not necessarily carry the weight of the U.S. government at the biggest trade shake-up he is pushing. Sometimes, it is better to block them out and carry on, officials say.
(Reuters) - Austria's Marcel Hirscher lifted the men's giant slalom World Cup title with a victory at Kranjska Gora in Slovenia on Saturday, fresh from his two Olympic golds at last month's Pyeongchang Winter Games.