Trump adviser says U.S. president ready to escalate trade war if no deal agreed soon: SCMP
(Reuters) – A trade adviser to Donald Trump has said the U.S. president is ready to escalate the ongoing trade…
U.S., Chinese trade deputies face off in Washington amid deep differences
WASHINGTON (Reuters) – U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in…
Democrats’ drug pricing proposal ‘dead on arrival’ in Senate: leading Republican
FILE PHOTO: Sen. John Thune (R-SD) speaks to Capitol Hill reporters following the Republicans’ weekly policy luncheon in Washington, U.S.,…
U.S. House Speaker Pelosi unveils proposal to lower drug prices
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi, a Democrat, proposed legislation on Thursday to allow the federal government to…
Fed’s Powell says politics play no role in interest-rate decisions
U.S. Federal Reserve Chairman Jerome Powell speaks during the “The Economic Outlook and Monetary Policy” panel discussion hosted by the…
Fed Chair Powell repeats vow to act ‘as appropriate’
ZURICH (Reuters) – The U.S. Federal Reserve will continue to act “as appropriate” to sustain the economic expansion in the…
U.S.-China trade conflict could take years to resolve: Kudlow
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight…
U.S. launches antitrust probe into California automaker agreement
WASHINGTON (Reuters) – The U.S. Justice Department is investigating whether the decision of four automakers in July to reach a…
China says has only ‘limited’ cooperation with U.S. on fentanyl
BEIJING (Reuters) – China and the United States have only “limited” cooperation in stopping fentanyl smuggling, a Chinese narcotics official…
Democrats’ Medicare for All must consider union-won plans: AFL-CIO
WASHINGTON (Reuters) – Democratic White House hopefuls should ensure their Medicare for All proposals honor union-negotiated private insurance, AFL-CIO President…
Factbox: Next rounds of Trump’s tariffs on Chinese goods to hit consumers
(Reuters) – U.S. President Donald Trump’s next round of tariffs on Chinese imports is scheduled to take effect starting on…
Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin’s chances
OTTAWA (Reuters) – Airbus SE (AIR.PA) on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new…
U.S. says no grace period for Chinese imports facing tariffs on Sept. 1
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
Trump says trade meeting with China set for September is still on
FILE PHOTO: U.S. President Donald Trump speaks with reporters on the South Lawn of the White House in Washington, U.S.,…
Trump says euro dropping ‘like crazy’ against dollar, blames Fed
U.S. President Donald Trump waves as he walks from the Oval Office of the White House in Washington, U.S., before…
U.S. and China will meet in September, Trump says, but tariff hikes remain
WASHINGTON (Reuters) – Trade teams from China and the United States continue to talk and will meet in September, but…
Trade war dims outlook for U.S. business operations in China: survey
WASHINGTON (Reuters) – U.S. companies doing business in China are still making profits there, but 81% say escalating trade tensions…
China hopes U.S. will create conditions necessary for September trade talks
BEIJING (Reuters) – China and the United States are discussing the next round of face-to-face trade talks scheduled in September,…
U.S. economy slowing, but consumers limiting downside
WASHINGTON (Reuters) – U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer…
SEC fines Texas-based firm for offering illegal tokens, unregistered exchange
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based…
Trump promises ethanol-related ‘giant package’ to please farmers
WASHINGTON/South Sioux City, NEBRASKA (Reuters) – President Donald Trump said on Thursday his administration is planning a “giant package” related…
Democrats’ Medicare for All plans must consider union-negotiated health plans: AFL-CIO chief
WASHINGTON (Reuters) – Democratic White House hopefuls should ensure their Medicare for All proposals honor union-negotiated private insurance, AFL-CIO President…
China discussing September trade talks with U.S.: commerce ministry
FILE PHOTO: U.S. dollar and China yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo…
U.S. to pay for thousands of doses of HIV drugs for Venezuelan migrants
BOGOTA (Reuters) – The United States said on Wednesday it will provide thousands of doses of HIV medication to treat…
China to fight back against U.S. tariff move: People’s Daily
FILE PHOTO: Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4,…
Kudlow does not expect China to retaliate against latest U.S. tariffs
FILE PHOTO: White House chief economic adviser Larry Kudlow talks with reporters on the driveway outside the West Wing of…
Trump, Abe say U.S. and Japan have agreed in principle on trade deal
BIARRITZ, France (Reuters) – The United States and Japan agreed in principle on Sunday to core elements of a trade…
Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the…
Democrat Buttigieg targets mental illness, addiction in new plan
(Reuters) – Democratic U.S. presidential candidate Pete Buttigieg aims to prevent one million deaths by 2028 from addiction and mental…
Japan, U.S. reach framework trade pact, no tariff cuts on Japan cars: Nikkei
TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining…
Japan, U.S. reach framework trade pact, no U.S. concessions seen – Nikkei
TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business…
Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close…
Trump administration considers boost to biofuel mandates to ease farmer anger: sources
NEW YORK/WASHINGTON (Reuters) – The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage…
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…
Fed’s commitment to act upstaged by Trump’s furor
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep…
China warns U.S. to stop ‘wrong’ trade actions or face consequences
FILE PHOTO: U.S. and Chinese flags are seen in front of a U.S. dollar banknote featuring American founding father Benjamin…
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…
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…
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.…
Trump administration to appeal ruling blocking price disclosure for drug ads
FILE PHOTO: Bottles of drugs sit on the shelf at the Rock Canyon Pharmacy, in Provo, Utah, U.S., May 9,…
Trump says he had to ‘take China on,’ regardless of short-term impact on U.S. economy
WASHINGTON (Reuters) – President Donald Trump on Tuesday said he had to confront China over trade even if it caused…
White House says no recession in sight, pushes China trade talks
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they…
White House says ‘no recession in sight’ despite market turmoil
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they…
Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources
SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the…
U.S. housing market mired in weakness; consumer sentiment ebbs
WASHINGTON (Reuters) – U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction…
Trump says he is having dinner Friday with Apple CEO Cook
BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim…
Amazon.com defeats IRS appeal in U.S. tax dispute
(Reuters) – Amazon.com Inc (AMZN.O) on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online…
U.S. removes some Chinese furniture, modems from planned 10% tariffs
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
U.S. import prices rebound, but trend remains subdued
WASHINGTON (Reuters) – U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to…
U.S. budget deficit widens; spending up on health, military
WASHINGTON (Reuters) – The U.S. government’s deficit widened to $120 billion in July, fueled by increases in spending on health…
U.S. still evaluating requests from firms to sell to China’s Huawei: officials
FILE PHOTO: The Silicon Valley office of Huawei and its U.S. subsidiary Futurewei Technologies Inc. in Santa Clara, California, U.S.,…
Trump roils markets with comments on China trade, Huawei
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said he was not ready to make a deal with China…
IMF stands by yuan view; says China could need stimulus if trade war worsens
WASHINGTON (Reuters) – The International Monetary Fund on Friday stood by its assessment that the value of China’s yuan was…
Timeline: Key dates in the U.S.-China trade war
(Reuters) – Hopes for an early settlement of the yearlong U.S.-China trade war dimmed this week after the United States…
Drug industry urges Canada to act early on U.S. import plan
TORONTO (Reuters) – Canada’s main pharmaceutical lobby group has urged the government not to wait for drug shortages before responding…
Trump administration considers September unveiling of healthcare plan: WSJ
FILE PHOTO: U.S. President Donald Trump arrives at Morristown municipal airport for a weekend at the Trump National Golf Club…
Trump firms up plan to import medicines; pharma companies resist
(Reuters) – The Trump administration took a step Wednesday toward allowing importation of medicines from Canada, an action the president…