Tag Archives: TRADE DEAL

Asian Asian stocks US-China trade deal

Asian stocks swing wildly on US-China trade deal mix-up

06 June, 2020 8:49 am 8:49 am

SYDNEY (Reuters) – Asian shares see-sawed in a wild ride on Tuesday following confusing statements from the White House over the US-China trade deal, with President Donald Trump later clarifying the pact was “fully intact.” Trump’s tweet bolstered market sentiment, helping e-minis for the S&P 500 Esc1 swing back to positive territory. Asian shares were … Read More

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Trump says pandemic clouds US-China trade deal

05 May, 2020 7:24 pm 7:24 pm

WASHINGTON (Reuters) – US President Donald Trump on Thursday said he was very disappointed in China over its failure to contain the novel coronavirus, saying the worldwide pandemic cast a pall over his trade deal with Beijing. The coronavirus outbreak originated in Wuhan, China, in December and was spreading silently as the United States and … Read More

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No extension to EU-UK transition seen, goods trade deal likely – Reut...

02 February, 2020 8:30 am 8:30 am

LONDON (Reuters) – The transition period for Britain and the European Union to thrash out a trade deal will not be pushed beyond December, according to over two-thirds of economists polled by Reuters, resulting in a goods-only agreement when they part ways. Negotiations on the future relationship are due to start early next month, but … Read More

China, US sign initial trade pact but doubts and tariffs linger

01 January, 2020 8:54 pm 8:54 pm

BEIJING/WASHINGTON (Reuters) – China will boost purchases of US goods and services by $200 billion (153.35 billion pounds) over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth. Key world stock market … Read More

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Johnson uses UK law to demand EU trade deal by end of 2020

12 December, 2019 9:02 am 9:02 am

LONDON (Reuters) – British Prime Minister Boris Johnson will use the prospect of a Brexit cliff-edge at the end of 2020 to push for the European Union to give him a comprehensive free trade deal in less than 11 months. In his boldest move since winning a majority in Thursday’s election, Johnson will use his … Read More

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World stocks close in on record highs on US-China trade deal hopes

11 November, 2019 8:51 am 8:51 am

TOKYO (Reuters) – World stocks rallied to near record highs on Friday after China said it had agreed with the United States to cancel tariffs in phases, a key demand of Beijing for sealing a deal to end a trade war that has slowed economic growth and roiled markets. MSCI’s gauge of stocks across the … Read More

Asian Asian shares trade deal 14-week high

Asian shares hit 14-week highs on trade deal hopes

11 November, 2019 9:42 am 9:42 am

SHANGHAI (Reuters) – Asian shares surged to more than 14-week highs on Monday as growing optimism over US-China trade talks and upbeat US job data boosted global investors’ appetite for riskier assets. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS jumped 1%, touching its highest level since July 25. Hong Kong’s Hang Seng .HSI … Read More

Asian shares propped up by hopes for Sino-US trade deal

01 January, 2019 10:04 am 10:04 am

TOKYO (Reuters) – Most Asian shares were propped up on Tuesday by hopes that Washington and Beijing may be inching towards a trade deal and that U.S. Federal Reserve would halt its tightening if economic growth slows further. Japan’s Nikkei .N225 rose 0.9 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS ticked … Read More

China’s central bank says market to play decisive role in yuan exchan...

10 October, 2018 9:37 am 9:37 am

NUSA DUA, Indonesia (Reuters) – China’s central bank governor Yi Gang said the government would continue to let the market play a decisive role in establishing its currency exchange rate, refraining from using it as a weapon, amid an escalating trade war with the United States. “We will not engage in competitive devaluation, and will … Read More

Trade pact clause seen deterring China trade deal with Canada, Mexico

10 October, 2018 8:40 am 8:40 am

WASHINGTON (Reuters) – China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. The provision specifies that if one of the current North American … Read More

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Trump says Mexico trade deal near; NAFTA hurdles seen easing

08 August, 2018 9:06 am 9:06 am

WASHINGTON (Reuters) – President Donald Trump said that the United States could reach a “big Trade Agreement” with Mexico soon as the incoming Mexican trade negotiator signaled possible solutions to NAFTA energy rules and a contentious US “sunset clause” demand. Trump tweeted that the United States’ “relationship with Mexico is getting closer by the hour. … Read More