United States

Wednesday, May 15th 2019 - 09:05 UTC
Trump's “little squabble” with China pinching farmers' pockets and his electoral base

US farmers, who are major exporters of pork and soy, are caught in the middle of President Donald Trump's trade wars. And farmers along with the industries that support them, are also key voters.
Wednesday, May 15th 2019 - 08:43 UTC
China reports weaker industrial output and retail sales during April: stimuli round the corner?

China on Wednesday reported surprisingly weaker growth in industrial output and retail sales for April, reinforcing expectations that Beijing needs to roll out more stimulus measures as the trade war with the United States escalates.
Tuesday, May 14th 2019 - 09:50 UTC
China announces higher tariffs on US produce; Trump expects to meet Xi in June in G20 summit

United States President Donald Trump said on Monday that he would meet Chinese president Xi Jinping next month as the trade war between the world's two largest economies intensified, sending shivers through global markets.
Tuesday, May 14th 2019 - 09:49 UTC
Bayer-Monsanto loses US$ 2bn glyphosate law suit in California

A jury in California on Monday ordered Bayer-owned Monsanto to pay more than US$2 billion damages to a couple who sued on grounds the weed killer Roundup caused their cancer, lawyers said.
Tuesday, May 14th 2019 - 09:45 UTC
Brazil's Real slides past 4.00 to the US dollar as China/US trade dispute escalates

Brazil’s Real weakened past 4.00 per dollar for the first time in three weeks on Monday as an escalation in the U.S.-China trade war sent emerging markets reeling and a weekly snapshot of domestic growth forecasts fell to a new 2019 low.
Tuesday, May 14th 2019 - 09:43 UTC
Brazil plans to reduce import tariffs by ten percentage points in four years

Brazil plans to reduce import tariffs by 10 percentage points during the new government’s four-year term, Economy Minister Paulo Guedes said, a move away from the direction currently being taken by countries such as the United States.
Monday, May 13th 2019 - 09:39 UTC
Trade talks with Beijing escalate: China will not swallow any “bitter fruit” that harms its interests

The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests.
Monday, May 13th 2019 - 09:06 UTC
Forty US states filed a lawsuit against pharmaceutical firms colluding oligopoly

More than 40 US states have filed a lawsuit accusing pharmaceutical firms of conspiring to artificially inflate the cost of common medicinal drugs. The lawsuit alleges that as many as 20 companies have been involved in fixing prices for over 100 drugs, including treatments for diabetes and cancer.
Saturday, May 11th 2019 - 23:50 UTC
Venezuela denounces US provocation in national waters when Guaidó announces contacts with the Southern Command

The president of the Venezuelan Parliament, Juan Guaidó, asked on Saturday his diplomatic representative in the US, Carlos Vecchio, to meet with the leaders of the Southern Command of that country to coordinate possible military cooperation in the face of the Venezuelan crisis. Meanwhile, the minister of defense of the administration of Nicolás Maduro, Vladimir Padrino López, warned on the same day “a provocation” of a US Coast Guard vessel that sailed 20 kilometers away from La Guaira, the main port of Venezuela.
Saturday, May 11th 2019 - 09:56 UTC
Trump orders a new tariff hike on Chinese products as trade talks remain “candid and constructive”

US President Donald Trump cranked up the heat on Friday in a trade battle with China, ordering a tariff hike on almost all remaining imports from the world's second-biggest economy, putting at risk global growth and the stability of financial markets.