Brazil has begun negotiating a trade agreement with the United States, the South American country’s economy minister said, kicking off knotty talks between longstanding competitors whose leaders want closer commercial ties.
President Donald Trump's threat to impose 10% tariffs on the remaining US$300 billion of Chinese imports from Sept. 1 will hurt consumer purchases, raise prices further and limit hiring, four large retail trade groups warned on Thursday.
President Donald Trump announced on Thursday he will hit China with punitive tariffs on another US$300 billion in goods, escalating the trade war after accusing Beijing of reneging on more promises.
United States immigration officials have added Venezuelan government minister Tareck El Aissami, a suspected drug smuggler, to their list of most wanted fugitives, they said on Wednesday.
President Donald Trump on Wednesday boosted Brazil's status as a US military ally, easing the path for the Latin American giant to buy more sophisticated weaponry. In a notice sent to the State Department, Trump said, “I hereby designate the Federative Republic of Brazil as a major Non-NATO Ally of the United States,” referring to the powerful North Atlantic Treaty Organization (NATO).
U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a year-long trade war between the world’s two largest economies.
A delegation of five members of the United States Congress is in Gibraltar for a two day visit. This follows the trip to Washington by Deputy Chief Minister Dr. Joseph Garcia earlier this year. The visit has been organized through the United Kingdom under the Mutual Educational and Cultural Exchange Act (MECEA) scheme.
President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.
Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.
US economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health.