The finance ministers for Mexico and Canada on Sunday said they were optimistic about NAFTA talks with the United States, even as trade tensions spurred by U.S. tariffs dominated the G20 meeting of world economic leaders in Argentina.Add your comment!
United States Treasury Secretary Steven Mnuchin said there’s no chance of a currency war erupting. When asked whether investors should be concerned about the prospects of one, he said “no,” declining to elaborate during a press conference in Buenos Aires on Sunday.Add your comment!
President Donald Trump has indicated that he is willing to slap tariffs on every Chinese goods imported to the U.S. should the need arise.I'm ready to go to 500, the president told CNBC's Joe Kernen in a Squawk Box interview aired Friday.1 comment
President Donald Trump cast aside concerns about the Federal Reserve’s independence, saying he was “not happy” with the Fed’s recent interest rate increases. Trump told CNBC in an interview: “I don’t like all of this work that we’re putting into the economy and then I see rates going up.”Add your comment!
The United States Food and Drug Administration said that Prinston Pharmaceutical Inc. dba Solco Healthcare LLC. is recalling all lots of Valsartan Tablets, 40 mg, 80mg, 160mg, and 320mg; and Valsartan-Hydrochlorothiazide Tablets, 80mg/12.5mg, 160mg/12.5mg, 160mg/25mg, 320mg/12.5mg, and 320mg/25mg to the retail level.Add your comment!
The European Union, Mexico and Canada have said they will retaliate against the US if the White House places new tariffs on foreign cars and vehicle parts. The countries delivered the warning on Thursday to a panel examining whether to recommend the taxes on grounds of national security.1 comment
World trade tensions pressured Latin America's major indexes on Thursday, falling in line with other global markets, after the European Union said it was preparing possible retaliatory measures if the United States imposes tariffs on EU cars. Brazil's Bovespa dropped 1.25%, and Argentina's Merval, 0.85%.Add your comment!
President Donald Trump has invited Russian President Vladimir Putin to Washington this autumn, the White House said on Thursday, a daring rebuttal to the torrent of criticism in the United States over Trump’s failure to publicly confront Putin at their first summit for Moscow’s meddling in the 2016 election.Add your comment!
A trade war with China, the European Union and other trading partners is casting some doubts about the U.S. economic future, Federal Reserve Chairman Jerome Powell said on Tuesday. And the longer it goes, the more potential harm it could cause, Powell told the Senate Banking Committee at a hearing about the Fed's monetary policy and the economy.Add your comment!
Johnson & Johnson has been ordered to pay US$ 4.7 billion in damages to 22 women who alleged that its talc products caused them to develop ovarian cancer. A jury in the US state of Missouri initially awarded US$ 550m in compensation and added US$ 4.1bn in punitive damages.Add your comment!