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Trade War SERIES 526

Taiwan to appoint new premier, Cabinet after resignations TAIPEI--Taiwan will appoint the ruling pro-independence party's former chairman as premier, official Su was appointed premier in 2006 by former president Chen Shui-bian, who infuriated Beijing and strained Taiwan's relationship with the United States during his tenure from 2000 to 2008 She has not explicitly said whether she would run for president in 2020 but has warned against Chinese efforts to interfere with elections
Asia stocks reach five-week high, yuan makes big weekly gains Asian stocks inched up to five-week highs on Friday, after Chairman Jerome Powel... For markets the upshot is that the outlook for 2019 is looking better as tensions de-escalate, creating the potential for a re-rating of risk assets as the tail risk of a near-term trade war is partially priced out, said Jeremy Lawson, chief economist at Aberdeen Standard Investments in Edinburgh
Oil slips on economic worries, but still set for strong weekly gain Oil slipped on Friday amid concerns over the outlook for the global economy, but... For now, however, there is hope that the trade war between Washington and Beijing may be resolved as global markets, including oil, took heart from talks between the two sides this week Despite Friday’s price falls, Brent and WTI are set for weekly gains of more than 7 and 8 percent respectively Our Standards:The Thomson Reuters Trust Principles
Pacific trade deal spurs Canadian farm sales to Japan WINNIPEG, Manitoba--At the Canadian embassy in Tokyo last month, beef promoters flew in a chef from Now Harmony is planning its first shipment next month of 52,000 pounds of fresh and frozen beef For pork, tariff reductions may allow Canada to surpass the United States in Japanese market share, said Kazuhito Yamashita, research director at Canon Institute for Global Studies
China set for South China Sea VICTORY as Philippines consider GIVING UP claim to land BEIJING could get a huge boost in its search for dominance in the South China Sea as the Philippines asks for its treaty with America to be updated or even scrapped. Tensions between America and China have skyrocketed over the past few years as China has employed its nine-dash-line policy which stakes claim to 90 percent of the South China Sea The news comes as America and China have looked to bring an end to their trade war with both US and international firms being harmed as a result
China trade negotiator likely to visit US US officials expect China's top trade negotiator may visit Washington this month signalling higher-level discussions are likely to follow this week's talks. We will continue with those meetings just as we sent a delegation to China The US government is in the 20th day of a partial shutdown with President Donald Trump and congressional Democrats feuding over funding and Trump's desire for a wall on the US-Mexico border That's encouraging, said Myron Brilliant, the US Chamber of Commerce's head of international affairs Reuters Trade wars China USA Most Viewed in World Loading
Trump and Pompeo Embrace Autocrats and Disparage Opponents at Home President Trump’s affinity for strongmen is well established, but rarely has his administration offered such a striking break with diplomatic tradition. WASHINGTON President Trump has long claimed that he puts America first overseas To those who watched Mr. Pompeo harshly question Secretary of State Hillary Clinton in 2015 when he was a House member investigating the Benghazi attacks, the fact that he would attack a Democratic president was hardly surprising
U.S. expects China's top trade negotiator to visit 'most likely'... U.S. officials expect China's top trade negotiator may visit Washington thi... Asked about China’s stance on issues such as forced technology transfers, intellectual property rights, non-tariff barriers and cyber attacks, and whether China was confident it could reach agreement with the United States, Gao said these issues were an important part of the Beijing talks
Oil rises again but global economic concerns cap gains Crude prices edged higher on Thursday, supported by comments from the U.S. Feder... REUTERS/Christian Hartmann Brent crude LCOc1 futures rose 24 cents, or 0.4 percent, to settle at $61.68 a barrel It’s a continuation of that shift towards easier policies and more assistance to the underlying economy which helped boost crude oil prices U.S. equity markets broadly rose after the comments Our Standards:The Thomson Reuters Trust Principles
Fed's No. 2 says U.S. policy would react if 'crosswinds' persist The Federal Reserve should be prepared to adjust its policy to protect the U.S. ... This is in part because we begin the year as close to our assigned objectives as we have in a very long time, he added of the goals of maximum sustainable employment and low and stable inflation The Fed hiked rates four times last year including in December, when policymakers’ forecasts predicted a median of two more hikes in 2019 Our Standards:The Thomson Reuters Trust Principles
What next for North Korea-US ties after Kim's China trip? Sudden visit to Beijing reminder that Pyongyang has other options if rapprochement with Washington fails, analysts say. Xi seeks an end to the ongoing trade dispute, which is hurting the Chinese economy The question now is how far the US is willing to concede from their original goal of complete denuclearisation, and what its response will be if North Korea chooses a better offer
‘The story keeps changing’: Trump falsely asserts he never promised Mexico would directly pay for the border wall The president’s mendacity over how he planned to pay for his top campaign promise has boxed him in during shutdown fight. By David Nakamura David Nakamura Reporter covering the White House Email Bio Follow January 10 at 6:55 PM It was a foundational promise of Donald Trump’s historic presidential campaign: Mexico would pay for his 2,000 mile border wall Hard for Democrats to negotiate with @POTUS when he makes stuff up, changes his mind on a whim and lies repeatedly