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Montevideo, March 28th 2024 - 09:15 UTC

Tag: EU US

  • Monday, July 30th 2018 - 14:29 UTC

    “Immediate beginning” of trade negotiations with EU, announces Trump's chief economic advisor

    “We're starting immediately. I'll be involved, Bob Lighthizer is the key guy absolutely. We will be starting immediately” explained Kudlow

    President Trump's chief economic adviser Larry Kudlow says that trade negotiations with the European Union are set to begin “immediately” following a meeting between Mr. Trump and European Commission President Jean-Claude Juncker. The two agreed to work toward “zero” tariffs and hold off on additional tariffs at the meeting at the White House on Thursday.

  • Thursday, January 25th 2018 - 10:03 UTC

    Treasury Secretary tells Davos US welcomes a weakening dollar

    Mnuchin’s comments provided fresh trigger for dollar selling and raised questions if a weaker US currency could provide a long-term impetus for the economy.

    The U.S. dollar extended its recent rout to hit three-year lows on Wednesday after U.S. Treasury Secretary Steven Mnuchin said he welcomed a weakening in the dollar. Fears of protectionist trade policies by the United States had already pushed the greenback to a three-year low, and Mnuchin’s remark at the annual Davos summit of business and political leaders pushed it down further.