• US is running out of time on NAFTA while confronting China

    5 monthes ago - By Chron

    WASHINGTON - President Donald Trump's team is running out of time to rewrite a trade pact with Canada and Mexico this year just as it's confronting China and sparring with its allies over U.S. tariffs on imported steel and aluminum.
    If negotiators can't agree on a revamped the North American Free Trade Agreement soon - House Speaker Paul Ryan set an informal Thursday deadline - the talks could drag into 2019. Or Trump could carry out his threat to abandon the agreement he's labeled a job-killing "disaster" and throw commerce among the three NAFTA countries into disarray.
    "The window is...
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  • Stocks slump as trade tensions flare up

    Stocks slump as trade tensions flare up

    5 monthes ago - By Business Insider

    Stocks closed lower Thursday after President Donald Trump cast doubt on US-China trade negotiations and as House Speaker Paul Ryan's deadline for a new NAFTA deal passed. The 10-year Treasury yield rose as high as 3.12%.
    Here's the scoreboard:
    Dow Jones industrial average : 24,720.00 −48.93
    S&P 500 : 2,718.88 -3.58
    AUD/USD : 0.7509 -0.0007
    ASX 200 SPI futures: 6,119.5 +8.5
    The deadline House Speaker Paul Ryan set for a new NAFTA deal passed. Some saw this as a sign that negotiations will drag into next year, but Canadian Prime Minister Justin Trudeau still hopes a deal can be reached...
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  • President Trump said he doubts the U.S. and China can come to an agree

    5 monthes ago - By AG Web

    President Trump said he doubts the U.S. and China can come to an agreement over trade, as the world's largest economies resumed negotiations to avoid a damaging trade war.
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  • Trump doubts success in rebalancing U.S.-China trade as talks get underway

    5 monthes ago - By Reuters

    WASHINGTON - President Donald Trump said on Thursday that China had become "very spoiled" on trade with the United States and cast doubt on the success of his efforts to rebalance the relationship with Beijing as high-stakes U.S.-China negotiations opened in Washington.
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