USMCA trade agreement reached
Trade negotiators from the U.S., Mexico and Canada have reached an agreement that makes changes to the enforcement of the United States-Mexico-Canada Agreement, multiple sources have told FOX Business.
Trade
China’s Unexpected Export Drop Shows Why It Wants a Trade Deal
The unexpected drop in China’s exports in November shows one reason why the nation wants to agree on a phase one trade deal – U.S. tariffs are hurting China’s exports at a time when global demand is already weak.
As Fed reiterates rate pause, forecasts likely to be blown off course
Friday’s booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and beyond.
Trump’s US-Japan trade deal wins Japan parliament approval
Japan’s Parliament on Wednesday approved a trade deal that was agreed upon by President Donald Trump and Japanese Prime Minister Shinzo Abe earlier this year.
U.S. trade deficit shrinks sharply; labor market tight
The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a broad decline in imports hinted at a slowdown in domestic demand.
Reshaping the Courts: 164 of Trump’s Judicial Picks Confirmed by the Senate
Donald Trump pledged during the 2016 presidential campaign that if elected he would appoint judges who adhere to the Constitution as written, originalists, and so far he seems to have kept his promise with 164 nominations to various federal courts confirmed by the Senate. Several more are likely to be confirmed by the end of this year.
France fights back over U.S. tariff threat to champagne, cheese
France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion.
Israel lambastes new European members of INSTEX
Israel is taking six European nations to task for circumventing the Trump administration’s sanctions against Iran, pointing to the regime’s slaughter of protestors over the last few weeks.
Trump expected to sign Hong Kong bill
President Trump is expected to sign legislation backing pro-democracy demonstrators in Hong Kong and authorizing sanctions, according to former officials familiar with his thinking, even as his administration pursues a trade deal with China.
U.S. warships sail in disputed South China Sea amid tensions
U.S. Navy warships, on two occasions in the past few days, have sailed near islands claimed by China in the South China Sea, the U.S. military told Reuters on Thursday, at a time of tension between the world’s two largest economies.
Trump: Without a China Trade Deal, the US Will Hike Tariffs
The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide.
‘I like the idea’: Trump will ‘strongly consider’ giving impeachment testimony to get Congress moving
President Trump claimed he would ‘strongly consider’ delivering impeachment testimony if it would get Congress to start working on other issues, such as the USMCA trade deal.
Thousands Protest in Lebanon as Politicians Trade Barbs
Lebanon slipped deeper into a political crisis Sunday as politicians struggled to form a government.
Impeachment aside, federal budget remains a pressing matter
Impeachment hearings for President Donald Trump come at the very time that Capitol Hill usually tends to its mound of unfinished business.
China, U.S. agree tariff rollback if phase one trade deal is completed
China and the United States have agreed to roll back tariffs on each others’ goods in a ‘phase one’ trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump.
U.S.-China trade deal signing could be delayed to December; London a possible venue
A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a senior official of the Trump administration told Reuters on Wednesday.
Trump absent, ASEAN charts path for trade bloc led by China
Southeast Asian leaders agreed Sunday to work with China and other neighbors to transcend conflicts over trade policies and territorial disputes for the sake of stronger economies and regional stability.
US economy grew 1.9% in third quarter
The U.S. economy grew at an annual rate of 1.9% for the third quarter of 2019 as businesses slowed their investments and consumer spending declined amid a slowdown in global growth and the trade war with China.
Blue and White, Likud trade blame for political impasse, warn 3rd elections near
Officials in the Blue and White and Likud parties reportedly warned Wednesday that Israel was on its way to a third national election in under a year, saying the chances of forming a unity government were increasingly slim.
‘Fabulous deal’: Trump team reaches new ‘understanding’ in China trade war, Jared Kushner says
United States and Chinese negotiators have reached ‘a fabulous deal’ to ease trade tensions between the economic heavyweights, according to White House senior adviser Jared Kushner.