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Tag: NAFTA

US-China trade war: Could Capitalist China bears the end of World Capitalism?

3 years ago
By Sarah Safa   A new phase of reconciliation could finally begin to define the US relations with China after nearly two years of commercial and economic tensions. Those tensions have been shaking the balance and stability of the international system, what brought on the surface divergences for the first time between the US and its […]
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Global stocks bruised on Trump’s fresh trade war threats

4 years ago
US stock index futures fell on Friday, ahead of the long holiday weekend, with investors wary after President Donald Trump’s latest salvo in Washington’s trade war with China. Wall Street snapped a four-day winning streak on Thursday after Bloomberg reported Trump was ready to impose tariffs on $200 billion (Dh735 million) more of Chinese goods […]
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The US-Mexico trade deal may be bad news for China, experts say

4 years ago
Now that U.S. President Donald Trump has bagged a political victory in the form of a trade deal with Mexico, the country's ongoing dispute with China looks set to drag on, experts said. Mexico is "an important trading partner" of the U.S. and the deal offers Trump "some wins from a political perspective that the administration can point to ahead of […]
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NAFTA talks held up by autos, Mexican splits on energy

4 years ago
The prospect of a quick deal between Mexico and the United States retreated on Friday as disagreements over energy flared up and conflict over autos persisted in the renegotiation of the North American Free Trade Agreement (NAFTA). Since talks resumed last month, US and Mexican negotiators have focused on reaching common ground but in the […]
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Trump signs off on sweeping steel, aluminium trade tariffs

4 years ago
US President Donald Trump on Thursday slapped deeply contentious trade tariffs on foreign steel and aluminium, swatting aside warnings of a global trade war and protests from allies in Europe and at home. The tariffs of 25 per cent on imported steel and 10 per cent on aluminium will come into effect in 15 days, […]
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Report: Testy phone call means Mexican president won't be visiting White House any time soon

4 years ago
Tentative plans for a trip by Mexican President Enrique Peña Nieto to the White House have been scrapped after he and President Trump spoke by phone and tangled once again over Trump's plans to erect a border wall, according to news reports. The two leaders spoke for about 50 minutes on Tuesday and devoted much […]
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Trump turns to executive powers in bid to force Congress into action

5 years ago
Frustrated with his inability to spur Congress to act on much of his agenda, President Trump is increasingly using his executive powers in a risky bid to gain leverage with lawmakers on an array of unfulfilled campaign promises.Following his announcement that he is cutting off health-care subsidies key to the Affordable Care Act, Trump voiced […]
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Mexico expels North Korean ambassador over nuclear tests

5 years ago
The Mexican government on Thursday said it had declared the North Korean ambassador to Mexico persona non grata in protest at the country’s nuclear tests, an unusually firm step that moved it closely into line with Washington. In a statement, the government said it had given Kim Hyong Gil 72 hours to leave Mexico in […]
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Trump hints at withdrawal from U.S.-South Korea free trade deal

5 years ago
President Donald Trump on Saturday said he would discuss the fate of a five-year-old U.S.-South Korean free trade deal with his advisers next week, in a move that could see him pull out of the accord with a key American ally at a time of heightened tensions on the Korean peninsula. Trump made his remarks […]
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U.S. did not detail request for auto rules of origin at NAFTA talks: source

5 years ago
In the opening NAFTA session of talks, the United States did not give precise details of how much it wanted to boost North American content for autos, a source directly familiar with the negotiations said on Saturday. Robert Lighthizer, President Donald Trump's top trade adviser, this week said Washington wanted tougher rules of origin for […]
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Trump vows to protect 'Made in America' products

5 years ago
President Donald Trump promised on Monday he would take more legal and regulatory steps during the next six months to protect American manufacturers, lashing out against trade deals and trade practices he said have hurt U.S. companies. Trump climbed into an American-made fire truck parked behind the White House, took a swing with a baseball […]
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