trade gap

Ross Optimistic on China Deal, Trump Wants It Signed in U.S.

Ross Optimistic on China Deal, Trump Wants It Signed in U.S.

Commerce Secretary Wilbur Ross expressed optimism the U.S. would reach a “Phase One” trade deal with China this month and said licenses would be coming “very shortly” for American companies to sell
Tariff Tide Rolls in Alabama Toward Airbus, Mercedes

Tariff Tide Rolls in Alabama Toward Airbus, Mercedes

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An Economic Crisis Awaits Pakistan's New Leader Imran Khan

An Economic Crisis Awaits Pakistan's New Leader Imran Khan

A new government under Pakistan’s incoming leader Imran Khan will need to move quickly to tackle a brewing economic crisis.
Trump Blames Tariff Critics for Weakening U.S. Bargaining Power

Trump Blames Tariff Critics for Weakening U.S. Bargaining Power

President Donald Trump lit into critics of his tariffs, saying discord -- some from Republicans in Congress -- undercuts his ability to narrow the U.S. trade gaps with other countries.
Yuan Slide Risks Reviving Trump's Attacks on China's Currency

Yuan Slide Risks Reviving Trump's Attacks on China's Currency

The yuan’s fastest fall since its 2015 devaluation is adding a new dimension to already frayed tensions between the world’s two biggest economies.
Navarro Rebukes Mnuchin for Declaring China Trade War ‘On Hold’

Navarro Rebukes Mnuchin for Declaring China Trade War ‘On Hold’

White House trade adviser Peter Navarro criticized Treasury Secretary Steven Mnuchin for declaring the U.S.-China trade war was on hold, calling the remarks an “unfortunate sound bite” and
Bannon Condemns Mnuchin’s Trade Truce as China Giveaway

Bannon Condemns Mnuchin’s Trade Truce as China Giveaway

Former Trump political strategist Steve Bannon condemned a weekend truce in the U.S. trade dispute with China as a capitulation, signaling dissatisfaction among the president’s allies.
U.S.-China Trade Truce May Not Last With Differences Unresolved

U.S.-China Trade Truce May Not Last With Differences Unresolved

The U.S. and China declared a truce in their trade dispute over the weekend, but that will prove temporary if the world’s two largest economies fail to deliver on their vague commitments to re-balance
China Will ‘Significantly’ Boost U.S. Purchases. By How Much is the Question

China Will ‘Significantly’ Boost U.S. Purchases. By How Much is the Question

China will “significantly increase purchases” of U.S. goods, the White House said as Beijing’s special envoy at talks in Washington declared a trade war has been averted between the world’s two
Kudlow Says China Offered ‘at Least’ $200 Billion in New Trade

Kudlow Says China Offered ‘at Least’ $200 Billion in New Trade

China offered to reduce its trade surplus with the U.S. by “at least $200 billion” in talks to head off a possible trade war, the director of the White House National Economic Council said.
The U.S.-China Rivalry Is Just Getting Started

The U.S.-China Rivalry Is Just Getting Started

Economic cooperation has become competition, and companies are caught in the middle.
China Softens Tone on Trade After U.S. Leaves Empty-Handed

China Softens Tone on Trade After U.S. Leaves Empty-Handed

China tried to strike a positive tone after Donald Trump’s trade negotiators left Beijing Friday with no public sign of an agreement.
U.S.-China Trade Talks End With Key Differences Still Unresolved

U.S.-China Trade Talks End With Key Differences Still Unresolved

Two days of U.S.-China trade discussions ended in Beijing with an agreement to keep on talking, and little else.
Ahead of Trade Talks, China Says It Won’t Submit to U.S. ‘Threats’

Ahead of Trade Talks, China Says It Won’t Submit to U.S. ‘Threats’

The Trump administration’s top economic officials arrived for trade talks in Beijing Thursday as China said it’s not willing to back down on key issues or submit to any U.S. threats.
Kudlow, China Push Time-to-Talk Message as Trade Tensions Rise

Kudlow, China Push Time-to-Talk Message as Trade Tensions Rise

The U.S. and China indicated they’re willing to negotiate on escalating frictions, helping to ease fears among investors that a tit-for-tat trade dispute could derail the strongest global expansion in
U.S. Leaves Door Open to China Talks Amid Trade-War Fears

U.S. Leaves Door Open to China Talks Amid Trade-War Fears

The Trump administration indicated it’s willing to negotiate with China on escalating frictions between the world’s two biggest economies, helping to ease fears among investors of a tit-for-tat trade
Trump’s U.S.-South Korea ‘Great Deal’ Isn’t Much Different From the Existing One

Trump’s U.S.-South Korea ‘Great Deal’ Isn’t Much Different From the Existing One

President Donald Trump is hailing the revised U.S. free trade agreement with South Korea as a “great deal” and a critical first step toward more favorable treatment of American products around the
Mnuchin ‘Hopeful’ Truce Can Be Reached With China on Trade

Mnuchin ‘Hopeful’ Truce Can Be Reached With China on Trade

U.S. Treasury Secretary Steven Mnuchin said he’s optimistic that the U.S. can reach a agreement with China that will forestall the need to impose the tariffs that President Donald Trump has ordered on
South Korea Shrugs Off Trump's Latest Threat to Draw Down Troops

South Korea Shrugs Off Trump's Latest Threat to Draw Down Troops

South Korea had a muted reaction after President Donald Trump hinted the administration might roll back military support for its longtime ally, a threat that came as the two sides seek to overhaul
U.S. Considers Broad Curbs on Chinese Imports, Takeovers

U.S. Considers Broad Curbs on Chinese Imports, Takeovers

The Trump administration is considering clamping down on Chinese investments in the U.S. and imposing tariffs on a broad range of its imports to punish Beijing for its alleged theft of intellectual