Bloomberg–14 hours ago
Malpass’s remarks came hours after he told a conference in the Argentine capital that Treasury had “discontinued” the U.S.-China Comprehensive Economic Dialogue, a longstanding channel for formal talks between the nation’s finance chiefs. He has said in recent months that the U.S. is “disappointed” …
Bloomberg–4 hours ago
GOP leaders in both chambers have said they probably won’t advance legislation to nullify Trump’s announced tariffs on aluminum and steel, which many lawmakers have said could hurt the U.S. economy and lead to retaliation from other countries. “There’s really not a lot of time to get much done,” said …
Bloomberg–10 hours ago
Trump has announced he would impose tariffs of 25 percent on steel and 10 percent on aluminum, with some exclusions and exceptions, to curb cheap imports from China and other countries. The administration is also considering clamping down on Chinese investments in the U.S. and imposing tariffs on …
Wall Street Journal–11 hours ago
SEOUL—A North Korean official will hold unofficial talks in Finland with a delegation from the U.S. and former South Korean government officials, Seoul’s foreign ministry said, amid a flurry of recent diplomatic activity before an expected U.S.-North Korean summit by the end of May. However, American …
U.S. News & World Report–10 minutes ago
PARIS (Reuters) – U.S. drinkers overtook Britons as the world’s biggest buyers of champagne in 2017, after British purchases fell heavily for the second … It was the first time the U.S. market has supplanted Britain as the biggest buyer of the sparkling wine, made in the champagne region of northern France.
Wall Street Journal–18 hours ago
A decade after an epic construction binge, fewer homes are being built per household than at almost any time in U.S. history. Home construction per household a decade after the bust remains near the lowest level in 60 years of record-keeping, according to the Federal Reserve Bank of Kansas City.
Bloomberg–14 hours ago
There are many good economic reasons why President Donald Trump is wrong to obsess over the U.S. trade deficit with China. One is that this bilateral deficit isn’t as severe as he thinks — and, in any case, the structural factors that caused the imbalance in the first place are changing. Before launching a …
The Mainichi–9 hours ago
In this Oct. 19, 2017, file photo, Yi Gang, deputy governor of the People’s Bank of China, attends a discussion group meeting held on the sidelines of China’s 19th Party Congress at the Great Hall of the People in Beijing. The Chinese legislature on March 19, 2018, approved the appointment of Yi Gang to …
Wall Street Journal–21 hours ago
Mr. Trump has said his presidential campaign didn’t collude with Russia, and he has denied attempting to block the probe. At times, he has also indicated that he doubts U.S. intelligence assessments that Russia attempted to tip the election to Mr. Trump. Russia has denied those assessments as well.
Wall Street Journal–Mar. 16, 2018
The White House is considering limiting visas to Chinese students as part of a broad package of measures targeting Beijing, which the U.S. accuses of violating intellectual-property laws and other misdeeds. A White House official said the package, including tariffs, could be unveiled later this month.