United States

Monday, July 30th 2018 - 14:29 UTC
“Immediate beginning” of trade negotiations with EU, announces Trump's chief economic advisor

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.
Monday, July 30th 2018 - 09:49 UTC
US congress members denounce “assault on democracy and human rights in Brazil”

In a letter to Brazilian Ambassador in Washington Sergio Silva do Amaral, 29 members of the United States Congress voiced their concerns about “an intensifying assault on democracy and human rights in Brazil,” particularly the incarceration of former president Lula da Silva and the assassination of Rio de Janeiro city councilor Marielle Franco.
Friday, July 27th 2018 - 07:41 UTC
US clears the way for natural gas exports to Latin America

The U.S. Energy Department on Wednesday cleared the way for faster approval of small scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule that does away with a public interest review of the shipments.
Thursday, July 26th 2018 - 06:02 UTC
Trump and Juncker agree to talk trade and tariffs; German industry remains cautious

A top German industry group gave a cautious welcome to solutions proposed by U.S. President Donald Trump and European Commission President Jean-Claude Juncker to avert a trade war, but warned that U.S. auto tariffs were not completely off the table yet.
Wednesday, July 25th 2018 - 06:25 UTC
Trump pledges US$ 12bn to help farmers hit by trade war with China

The Trump administration on Tuesday said it will use a Great Depression-era program to pay up to US$ 12 billion to help U.S. farmers weather a growing trade war with China, the European Union and others that the president began. It is a clear signal the U.S. President Donald Trump is determined to stick with tariffs as his weapon of choice in the conflict.
Monday, July 23rd 2018 - 06:53 UTC
Mexico and Canada optimistic about NAFTA trade talks with the US

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.
Monday, July 23rd 2018 - 06:48 UTC
US Treasury Secretary denies any chance or a currency war

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.
Saturday, July 21st 2018 - 08:29 UTC
Trump prepared to slap tariffs con all Chinese goods imported to United States

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.
Saturday, July 21st 2018 - 07:59 UTC
Trump “not happy” with the Federal Reserve recent interest rate increases

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.”
Saturday, July 21st 2018 - 07:36 UTC
US Food and Drug administration announces recall of several drugs containing Valsartan

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.