Edition:
United Kingdom

Andrea Shalal

Trump, EU chief to meet in Davos as U.S tariffs loom over digital tax: sources

18 Jan 2020

WASHINGTON Donald Trump is expected to meet with EU leader Ursula von der Leyen in Davos, Switzerland, next week, three sources said on Friday, as tensions mount between the allies over tariff threats and the U.S. president faces an impeachment trial at home.

Financial sector should focus on reducing inequality, IMF says, citing risks to world economy

17 Jan 2020

WASHINGTON The world's financial sector should take rapid steps to address record or near-record inequality levels within countries that new research shows could be a harbinger of a new financial crisis, the head of the International Monetary Fund said Friday.

Senate passes North America trade deal, Canada still to approve

17 Jan 2020

WASHINGTON The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. | Video

EU's Hogan says bid to reset trade ties with U.S. off to 'good start'

17 Jan 2020

WASHINGTON European Union trade commissioner Phil Hogan said his meetings with senior U.S. officials marked a "good start" to resetting trade ties with Washington, but there was more work to do.

Trade deal no panacea for rocky U.S. relations with China

16 Jan 2020

WASHINGTON/BEIJING From Huawei to the South China Sea, deep political rifts between Beijing and Washington are set to persist, despite a trade relations breakthrough, as the United States pushes back against an increasingly powerful and assertive China.

'Devil is in the detail' - EU says will check U.S.-China deal

16 Jan 2020

LONDON/WASHINGTON The European Union will check to see whether a major deal struck by the United States and China complies with global trade rules, the EU's trade chief said on Thursday.

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