EghtesadOnline: The European Union’s economic and financial committee has criticized U.S. President Donald Trump’s economic policy and is worried that his efforts to boost protectionism pose a threat to the global economy, a German magazine reported on Saturday.
EghtesadOnline: Japan and the European Union agreed a free trade pact on Thursday to create the world's biggest open economic area and signal resistance to what they see as U.S. President Donald Trump's protectionist turn.
EghtesadOnline: Japan and the European Union are on the cusp of a wide-ranging free trade agreement that could help blunt the forces of protectionism sparked by U.S. President Donald Trump's trade policies.
EghtesadOnline: Mario Draghi has become the latest European policy maker to tell the U.S. that it might be heading down the wrong path on trade.
EghtesadOnline: U.S. stocks rose toward all-time highs as earnings from Caterpillar Inc. to McDonald’s Corp. bolstered optimism in the economy. Canada’s dollar led export currencies lower as a tariff on lumber reignited concern the Trump administration will pursue protectionist policies.
EghtesadOnline: Twenty-nine Chinese steel firms have had their licenses revoked as Beijing kept up its campaign to tackle overcapacity in the sector and days after U.S. President Donald Trump said he would open a probe into cheap steel exports from China and elsewhere.
EghtesadOnline: Factories across Europe and much of Asia posted another month of solid growth in March, rounding off a strong quarter for manufacturers, even though exporters fear a rise in U.S. protectionism could snuff out a global trade recovery.
EghtesadOnline: It’s becoming increasingly clear that President Donald Trump will face difficulties implementing his agenda, despite the “unified” Republican control of the executive and legislative branches of government. That agenda included protectionist moves against countries enjoying trade surpluses with the U.S. -- and many of those are in Asia.
EghtesadOnline: The U.S. dollar slumped to a six-week low on Monday on worries over a dovish Federal Reserve, while U.S. and European stock markets dipped amid concerns about G20 financial leaders' decision to drop a pledge to keep global trade free and open.
EghtesadOnline: China's government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations.