trade war

WASHINGTON | Trump and Xi buy time in trade war. That was the easy part.

WASHINGTON — The dinner-table diplomacy that Presidents Donald Trump and Xi Jinping of China conducted over the weekend produced something as vague as it was valuable: an agreement to keep talking. Forged over grilled sirloin at the Group of 20 summit Saturday in Buenos Aires, Argentina, the ceasefire Trump and Xi agreed to Saturday night … Continue reading WASHINGTON | Trump and Xi buy time in trade war. That was the easy part.

BUENOS AIRES, Argentina | Side issues loom over G-20 summit as world leaders arrive

BUENOS AIRES, Argentina — World leaders arrived Thursday in the Argentine capital for the Group of 20 summit of the globe’s largest economies as issues such as a trade war between the United States and China, the killing of a Saudi journalist in the country’s Istanbul Consulate and the conflict over Ukraine threatened to overshadow … Continue reading BUENOS AIRES, Argentina | Side issues loom over G-20 summit as world leaders arrive

FRANKFURT, Germany | European Central Bank sticks to plan to end stimulus

FRANKFURT, Germany — The European Central Bank said Thursday it is staying on course to wrap up its 2.5 trillion euro ($2.85 trillion) stimulus program at the end of the year, even as risks from trade protectionism, Italian populist policies, and Brexit loom ever larger. The central bank for to the 19 countries that use … Continue reading FRANKFURT, Germany | European Central Bank sticks to plan to end stimulus

BRUSSELS  | European and Asian leaders to boost ties, trade, security

BRUSSELS  — After failing to reach a breakthrough on Britain’s divorce terms from the European Union, EU leaders are rolling straight into another summit Thursday, this one aimed at forging closer links with Asia. The Asia-Europe meeting that starts Thursday night with a dinner attended by Belgian King Philippe will bring together 30 European leaders … Continue reading BRUSSELS  | European and Asian leaders to boost ties, trade, security

WASHINGTON | Trump imposes tariffs on $200B more of Chinese goods

WASHINGTON — The Trump administration will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world’s two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires. The tariffs will start at 10 percent, beginning Monday of next week, and then rise … Continue reading WASHINGTON | Trump imposes tariffs on $200B more of Chinese goods

FRANKFURT, Germany | ECB’s Draghi: Trade war chief worry for global economy

FRANKFURT, Germany — The European Central Bank pushed forward Thursday with its plan to gradually phase out its monetary stimulus, saying it is confident in the region’s growth. But its president, Mario Draghi, warned that the United States’ trade dispute with several major powers has become a key economic concern. The chief monetary authority for … Continue reading FRANKFURT, Germany | ECB’s Draghi: Trade war chief worry for global economy

NEW YORK | US stocks climb ahead of China trade talks; Walmart surges

NEW YORK — U.S. stocks are surging Thursday morning as China and the U.S. prepare to hold their first trade discussions in months, a potential sign of progress toward ending the trade war between them. Walmart is surging after the retailer said its sales climbed in second quarter. KEEPING SCORE: The S&P 500 index climbed … Continue reading NEW YORK | US stocks climb ahead of China trade talks; Walmart surges

SINGAPORE | Stocks drop after Trump says he’s ready to step up trade war

SINGAPORE — World stock markets fell sharply Friday after U.S. President Donald Trump said he was prepared to put new tariffs on all Chinese imports, escalating the rhetoric in a trade war that could hit global economic growth. KEEPING SCORE: From being up slightly earlier in the day, European indexes were trading lower. Germany’s DAX … Continue reading SINGAPORE | Stocks drop after Trump says he’s ready to step up trade war