Oil spills into U.S.-China trade war, prices slump
NEW YORK (Reuters) – China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as…
China to raise import tariffs on U.S. scrap copper, aluminum from December 15
FILE PHOTO: A worker drives a forklift past aluminum rolls at a factory in Huaibei, Anhui province, China March 2, 2019. Picture taken March 2, 2019. REUTERS/Stringer BEIJING (Reuters) –…
World needs to end risky reliance on U.S. dollar: BoE’s Carney
JACKSON HOLE, Wyo. (Reuters) – Bank of England Governor Mark Carney took aim at the U.S. dollar’s “destabilizing” role in the world economy on Friday and said central banks might…
UK PM Johnson to tell Trump to de-escalate trade tensions
BIARRITZ, France (Reuters) – British Prime Minister Boris Johnson said on Saturday he would tell President Donald Trump at this weekend’s G7 summit to pull back from a trade war…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted…
Companies file suit in Canada challenging new rules to lower drug prices
(Reuters) – Five pharmaceutical companies said on Friday they have filed a complaint in a Canadian court challenging the constitutionality of new Canadian regulations meant to lower patented drug prices,…
Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to…
Nigeria’s three-year milestone takes Africa towards polio eradication
ABUJA/LONDON (Reuters) – Nigeria marked three years free of endemic wild polio on Wednesday, with health officials saying the nation’s progress in fighting the crippling viral disease could result in…
U.S. imposes sanctions on three Chinese accused of fentanyl trafficking
WASHINGTON (Reuters) – The U.S. Treasury on Wednesday imposed sanctions on three Chinese men accused of illegally trafficking fentanyl, acting three weeks after President Donald Trump accused Beijing of reneging…
E-cigarette firms probed over health concerns by U.S. House panel
WASHINGTON (Reuters) – Four dominant e-cigarette manufacturers face a probe into the health impacts of their products, as the U.S. House Energy and Commerce Committee asked on Wednesday about the…