Trade

With all the talk about the tariffs the U.S. is levying against a slew of Chinese imports and vice versa, the end to steel tariffs aimed at Canadian and Mexican producers that was announced by the U.S. earlier this month is not receiving much attention. Some analysts view the removal of those...

The United States is planning to lift steel and aluminum tariffs on Mexico and Canada, clearing the way for ratification of the so-called "United States-Mexico-Canada Trade Agreement," the replacement for NAFTA, according to a Bloomberg report. The industry reacted to the report with...

The U.S. may be nearing an agreement with Mexico and Canada to roll back tariffs on steel and aluminum imports, Treasury Secretary Steven Mnuchin told a Senate subcommittee Wednesday, according to The Wall Street Journal. On another front, Mnuchin said negotiators are likely to travel to China...

Sino-American trade negotiations could soon come to an end, as talks with China are in the "final laps," U.S. Treasury Secretary Steve Mnuchin told The New York Times in an interview published Sunday.  What Happened U.S trade negotiators and their Chinese counterparts have...

The Trump administration is threatening to target $11 billion in European goods with tariffs as part of a spat over subsidies for the world’s two biggest aircraft makers, escalating an American trade war on a second continent. What Happened The U.S. is threatening the tariffs in response...

Theresa May's Brexit deal dead in the water following humiliating defeat for withdrawal deal in British Parliament. Theresa May's European Union (EU) withdrawal bill looks dead in the water following a resounding defeat in Parliament that saw Members of Parliament voted by a majority of 230...

China's Commerce Ministry released a statement that recent trade talks with American counterparts were "generally positive," CNBC's Eunice Yoon reported. Yet around the same time the statement was released, government data showed the Chinese consumer price index fell to 1.9...

United States and Chinese trade officials gathered Jan. 7-9 to discuss ways to "achieve fairness, reciprocity, and balance in trade," a U.S. statement said Wednesday. The U.S. trade delegation will now report back to senior levels of the government to "receive guidance on the next...

Trade talks are over for this week, and now it’s clock-watching time as the U.S. and China have just about six-and-a-half more weeks to settle their differences. While the market seems to have a positive tone early on, one note of caution is that there’s still a lot to get done in a...

EUR/USD is correcting lower but holds onto most of its gains. Trade talks are going well, but clouds are darkening over Germany. The technical picture remains cautiously positive for the pair. EUR/USD is trading in the mid-1.1400s, down from the highs but above the opening levels of the week. The...

Good day, This was supposed to be the last day before the U.S. kicked up tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent. But a late November reprieve delayed that move until March, giving U.S. and Chinese negotiators more time to work out a new trade deal. So how far...

The economic boom cycle remains in the late stages, but recent macro events now supports a bullish stance on Caterpillar Inc. (NYSE: CAT), according to Bank of America. The Analyst Bank of America's Ross Gilardi upgraded Caterpillar from Neutral to Buy with a price target lifted from $140 to $...

President Donald Trump and Chinese President Xi Jinping reached an agreement over the weekend not to introduce incremental tariffs after Jan. 1, 2019. The trade truce will remain in place for 90 days, during which time the two countries will work on a long-term agreement. If talks fail to...

Is the stock market pricing in a favorable outcome to President Donald Trump's tough trade rhetoric against China? Byron Wien, vice chairman of private wealth solutions at Blackstone Group LP (NYSE: BX), said yes, although it's possible the trade war could worsen before it...