China will offer the Trump administration better market access for financial sector investments and U.S. beef exports to help avert a trade war, the Financial Times reported on Sunday, citing officials familiar with the matter.
German Chancellor Angela Merkel issued a joint statement on Monday with leaders of top international economic organizations saying they wanted to strengthen the global trade system in the face of protectionism.
U.S. President Donald Trump sought to push his crusade for fair trade and more manufacturing jobs back to the top of his agenda on Friday by ordering a study into the causes of U.S. trade deficits and a clampdown on import duty evasion.
The U.S. Department of Commerce made a final finding that seven foreign producers dumped certain carbon and alloy steel cut-to-length plate in the U.S. market, allowing it to impose duties ranging from 3.62 percent to 148 percent, Commerce Secretary Wilbur Ross said on Thursday.
Germany's foreign minister Friday sharply criticized the U.S. Department of Commerce for proposing anti-dumping duties against German steel companies, accusing the U.S. of intentionally violating World Trade Organization rules with the aim of damaging international rivals.
Argentina's biodiesel exports could be devastated if the U.S. government imposed anti-dumping duties on the coutrtry based on a complaint by the U.S. National Biodiesel Board, the heads of two local industry chambers said.
The Trump administration on Friday slammed China on a range of trade issues from its chronic industrial overcapacity to forced technology transfers and longstanding bans on U.S. beef and electronic payment services.
U.S. President Donald Trump's executive orders on trade deficits and import duty evasion are a sign that Washington plans to move away from free trade and international agreements, German Economy Minister Brigitte Zypries said on Saturday.
Home
About Us
