America

U.S. President Donald Trump on Thursday demanded India withdraw retaliatory tariffs imposed by New Delhi this month, calling the duties “unacceptable” in a stern message that signals trade ties between the two countries are fast deteriorating. India slapped higher duties on 28 U.S. products after the United States withdrew tariff-free entry for certain Indian goods. […]

The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday, but Washington will not accept any conditions around the U.S. use of tariffs in the dispute, a senior administration official said on Tuesday. Trump has threatened to impose tariffs on another $325 […]

China, on Wednesday admitted that positive outcomes were possible in trade negotiations with the United States, after the presidents of the world’s two largest economies agreed to revive their troubled talks at a G20 meeting this month. U.S. President Donald Trump said on Tuesday he would meet Chinese President Xi Jinping at the G20 summit […]

The U.S. president Donald Trump has threatened to hit China with tariffs on another $300 billion worth of Chinese goods. Tensions between the world’s two largest economies have risen sharply since talks aimed at ending a festering trade war broke down in early May. While Trump said on Thursday that talks with China were ongoing, […]

President Donald Trump said on Thursday the United States was doing well in trade talks with China and that Beijing wanted to make a deal with Washington. “China would love to make a deal with us. We had a deal and they broke the deal. I think if they had it to do again they […]

The United States faces stiff challenges as it moves to create its own electric vehicle (EV) supply chain, industry analysts say, with the extent of the country’s metal reserves largely unknown and only a few facilities to process minerals and produce batteries. Legislation making its way through the U.S. Congress aims to help offset those gaps, but […]

The World Bank called on Israel to relax restrictions on imports to the Palestinian territories that can have both civilian and military applications, saying such limits are harming the Palestinian economy. The current system “limits economic diversification and sustainable growth in the Palestinian territories,” said Anna Bjerde, the World Bank’s acting country director for West […]

Canada’s trade deficit shrank slightly to C$4.25 billion ($3.17 billion) in January, the second highest on record, as low crude prices continued to eat into the value of exports, Statistics Canada said on Wednesday. Analysts in a Reuters poll had forecast a shortfall of C$3.50 billion. Statscan revised December’s deficit to C$4.82 billion from an […]

U.S. President Donald Trump said on Wednesday a trade deal with Beijing was coming along nicely, with U.S. trade negotiators poised to head to China next week for another round of talks. “The deal is coming along nicely,” he said to reporters at the White House. Trump said top U.S. negotiators were going to China […]