European Central Bank Deploys New Stimulus to Help Economy
FRANKFURT, Germany — The European Central Bank delivered a new blast of monetary stimulus Sept. 12 to help the shaky economy in the face of uncertainties such as the U.S.-China trade conflict and Brexit.
China Ramps Up War of Rhetoric in Trade Standoff With US
BEIJING — Stepping up Beijing’s propaganda offensive in the tariffs standoff with Washington, Chinese state media on May 24 accused the U.S. of seeking to “colonize global business” with moves against Huawei and other Chinese technology companies.
WTO Chief Urges Nations to Avert Trade War
BERLIN — The whole international community has a responsibility to reduce tensions and avert a full trade war, which would produce “no winners,” according to the head of the World Trade Organization.
September 25, 2018US, EU, China Vie for Influence in Eastern Europe
BUCHAREST, Romania — President Donald Trump on Sept. 17 reaffirmed Washington’s support for a business summit that aims to boost connectivity in Eastern Europe and improve ties among the region and the United States and European Union.
Trump Threatens Tariffs on Additional $267 Billion of Chinese Imports
President Donald Trump said he’s ready to impose tariffs on an additional $267 billion in Chinese goods on short notice, on top of a proposed $200 billion that his administration is putting the final touches on.
US, China Raise Tariffs in New Round of Trade Dispute
BEIJING — The United States and China went ahead with tariff hikes on billions of dollars of each other’s automobiles, factory machinery and other goods Aug. 23 in an escalation of a battle over Beijing’s technology policy that companies worry will chill global economic growth.
US Threatens More Sanctions, Keeping Alive Turkish Crisis
ANKARA, Turkey — Turkey and the United States exchanged new threats of sanctions Aug. 17, keeping alive a diplomatic and financial crisis that is threatening the economic stability of the NATO country.
Senators Press Commerce Secretary on National Security Approach to Tariffs
WASHINGTON — Senators on the Finance Committee questioned the Trump administration’s national security argument for pursuing steel and aluminum tariffs, a move Commerce Secretary Wilbur Ross staunchly defended at a hearing June 20.
NAFTA Negotiations Proceed With Little to Show
Canada and Mexico are holding firm in their resistance to addressing America’s most contentious proposed changes to NAFTA in the latest talks, with the parties making some slow progress on areas of greater consensus.
IMF Sees US Fading as Global Growth Engine
The world is leaning less on its biggest economy to sustain the global recovery, according to the International Monetary Fund.