PORT MORESBY The United States will not back down from its trade dispute with China, and might even double its tariffs, unless Beijing bows to U.S. demands, Vice President Mike Pence said on Saturday.
WASHINGTON U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list. | Video
NEW YORK The U.S. dollar weakened and Treasury yields slid on Friday after a top Federal Reserve official said U.S. interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism over U.S.-China trade ties.
NEW YORK Investors will get a glimpse of consumer health next week as the holiday shopping season gets under way with Black Friday sales, and a solid start could help equities steady after several tumultuous weeks.
LONDON Banks are increasingly stepping back from helping one another with international money transfers due to tougher money laundering checks, dealing a blow to countries that rely on remittances and potentially driving some payments underground.
PARIS China must make concessions in negotiating reform of the World Trade Organization or risk seeing the United States turning its back on the current system, European Trade Commissioner Cecilia Malmstrom told a conference in Paris on Friday.
WASHINGTON China's written response to U.S. demands for trade reforms is unlikely to trigger a breakthrough at talks between Presidents Donald Trump and Xi Jinping later this month, a senior Trump administration official told Reuters on Thursday.
BUENOS AIRES Two Argentine citizens with suspected links to Lebanon's Hezbollah militia were arrested on Thursday ahead of the G20 summit due to take place in Buenos Aires at the end of the month, Argentina's security ministry said in a statement.
WASHINGTON U.S. Trade Representative Robert Lighthizer on Thursday denied a report that he had told some industry executives that another round of tariffs on Chinese imports had been put on hold as the two nations pursue talks.
SINGAPORE U.S. Vice President Mike Pence said on Thursday President Donald Trump plans to meet North Korean leader Kim Jong Un in 2019 and will push for a concrete plan outlining Pyongyang's moves to end its arms programs.