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.2 comments
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.1 comment
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.1 comment
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.4 comments
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.1 comment
The Trump administration on Friday expanded the scope of its Venezuela sanctions to the defense and security services sectors to try to crank up economic pressure on Venezuelan President Nicolas Maduro.Add your comment!
Three issues lie in the way of an agreement between China and the United States, which will have to be ironed out in upcoming talks in Beijing, said China’s chief trade negotiator as the US moved to impose higher tariffs on Chinese goods.1 comment
US President Donald Trump said on Thursday that he had received a “beautiful letter” from Chinese President Xi Jinping, as negotiations on a trade deal between the two countries continue in Washington.4 comments
One of the co-founders of Facebook called on Thursday for the social media behemoth to be broken up, warning that the company's head, Mark Zuckerberg, had become far too powerful.Add your comment!
US President Donald Trump spoke with Canadian Prime Minister Justin Trudeau on Thursday and offered his support for Canadian citizens detained in China, the White House said. Four Canadians have been detained in China, two of whom have been sentenced to death over drug smuggling accusations.Add your comment!