Tag: Wilbur Ross

• Thursday, October 18th 2018 - 08:42 UTC

  US determined to a trade deal with the UK, “as soon as it is ready” after Brexit

  

  The United States administration has formally confirmed it intends to pursue a trade deal with the UK “as soon as it is ready” after leaving the EU. Donald Trump’s trade representative Robert Lighthizer notified Congress of plans to open negotiations with the UK, as well as with the EU and Japan.

• Monday, May 21st 2018 - 08:52 UTC

  US/China trade war “on hold”; Beijing agrees to “substantially reduce” surplus

  

  The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in talks aimed at bringing down America's massive trade deficit with Beijing. “We are putting the trade war on hold,” Treasury Secretary Steven Mnuchin said on Sunday.

• Friday, February 23rd 2018 - 09:05 UTC

  US adds more import duties on biodiesel from Argentina

  

  The U.S. Commerce Department piled on more import duties on biodiesel from Argentina and Indonesia, adding anti-dumping duties of 60.44% to 276.65% to already steep anti-subsidy duties on the fuels.

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

  Treasury Secretary tells Davos US welcomes a weakening dollar

  

  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.