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Tag "US-China trade deal"

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Trump approves legislation backing Hong Kong protesters

US President Donald Trump yesterday signed into law congressional legislation backing protesters in Hong Kong despite angry objections from Beijing, with which he is seeking a deal to end a damaging trade war. The legislation, approved unanimously by the US

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Oil slips as US stocks rise, but hopes for US-China trade deal stem losses

Oil eased today following an industry report showing a surprise build in US crude stockpiles, but hopes surrounding the signing of the first phase of a US-China trade deal prevented a bigger drop in prices. Brent crude futures LCOc1 dropped

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China, US hold phone call on trade talks, discuss core issues

China’s Vice Premier Liu He, US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin held a phone call on issues related to a phase one trade agreement today, China’s commerce ministry said. Both sides agreed to maintain communication

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Trump threatens tariff hike if trade deal with China fails

The US would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, US President Donald Trump said yesterday, threatening an escalation of the spat that has damaged economic growth worldwide. Speaking at

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Oil rises on hopes for OPEC supply curbs, optimism on US-China trade deal

Oil prices posted early gains as OPEC’s outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month. Optimism that

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