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By Dario THUBURN LONDON, March 13, 2019 (AFP) – British MPs will vote Wednesday on whether the country should leave the EU without a deal in just over two weeks, after overwhelmingly rejecting a draft divorce agreement. The House of Commons is expected to vote against a “no deal” Brexit, although this could still happen on March 29 unless it can agree on what should happen instead. MPs on Tuesday rejected for a second time […]
BEIJING, China (AFP) — Top US and Chinese officials held phone talks Tuesday to discuss the next steps in trade negotiations, Chinese state media said, as the White House said no date has been set for a summit. US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer spoke with Beijing’s top economic official Liu He over the phone to discuss “key issues” on trade, the official news agency Xinhua reported. The top negotiators also […]
WASHINGTON, United States (AFP) — US President Donald Trump said Thursday negotiations to resolve his eight-month trade war with China were making progress, expressing fresh optimism about resolving the confrontation between the world’s largest economies. Trump told reporters at the White House that the talks were “moving along pretty well.” Chinese and American officials have alternated between expressing optimism that a deal is at hand and also warning that much remains to be done to […]
OTTAWA, Canada (AFP) — Ottawa’s foreign minister on Tuesday decried Beijing’s move to block a major Canadian canola exporter’s sales in China, the latest escalation in a burgeoning row between the two countries. Canada’s largest agricultural handler, Winnipeg-based Richardson International, had its license to ship canola to China revoked on March 1, which risks leaving Canadian farmers with a glut on their hands. “The situation with the Richardson company concerns me greatly,” said Foreign Minister Chrystia […]
HONG KONG, China (AFP) — Asian markets rose Monday on growing optimism for a trade deal between China and the United States after reports said the two sides were close to a breakthrough. With a busy week of data releases and events coming up, investors got off to a positive start as they cheered stories saying the tariffs stand-off between world’s top two economies that has dragged on global growth could soon be resolved. The […]
NEW YORK, United States (AFP) — The United States and China are close to reaching a major trade deal that would see both sides lower some of the tariffs imposed during an often-bitter trade war, a report said Sunday. Negotiators for the two sides have made substantial progress and a final accord is close to being hammered out, according to the Wall Street Journal, which quoted anonymous sources on both sides. A deal would be […]
HONG KONG, China (AFP) — Asian markets fluctuated Thursday as optimism over China-US trade talks was tempered by Donald Trump’s top negotiator, while investors also digested weak factory data from Beijing and fresh geopolitical tensions in Kashmir. The global rally that has characterized most of this year took a knock after US Trade Representative Robert Lighthizer told lawmakers that “real progress” had been made with China, but a lot of work was still needed before […]
Washington’s chief trade negotiator on Wednesday said there remained much to do before reaching a new trade agreement with China despite “real progress” so far. After months of negotiating with Beijing, “now we are making real progress,” US Trade Representative Robert Lighthizer said in congressional testimony. However, “Much still needs to be done both before an agreement is reached, and more importantly after it is reached if one is reached.” Citing progress toward a new […]
by Heather SCOTT Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump said Monday he expects to hold a “signing summit” with China’s President Xi Jinping to seal a trade deal, since as discussions are in the “advanced stages.” The comments cheered global stock markets, since they confirmed the dispute will not ratchet up immediately, averting an even bigger impact on the global economy. Citing progress in the four days of talks, […]
NEW YORK, United States (AFP) — Global stocks were mixed Thursday following lackluster economic data as high-stakes trade talks between the US and China resumed in Washington. Frankfurt was a touch higher at the close and Paris ended flat, while London lost nearly one percent, and US stocks fell. Fresh economic data showed manufacturing in the eurozone and Japan shrank in February, which was seen as evidence of global economic sluggishness amid the US-China trade […]
HONG KONG, China (AFP) — Asian markets were mixed Thursday after the Federal Reserve left open the possibility it could lift interest rates this year, while investors kept an optimistic eye on China-US trade talks. Equities and other risk assets have enjoyed a stellar start to the year on hopes for the negotiations as well as expectations the US central bank will slow its pace of monetary tightening — with some even tipping a cut […]
WASHINGTON, United States (AFP) — President Donald Trump said Tuesday that trade talks with China are complex but are “going very well” and again indicated the March 1 deadline for raising tariffs could be extended. Officials on Tuesday resumed the high-stakes negotiations aimed at ending a damaging tariff war between the economic superpowers. “I think the talks are going very well,” Trump said on the sidelines of an event at the White House. But he […]
