• Mnuchin says U.S.-EU trade deal to come out in stages

    2 monthes ago - By Reuters

    U.S. Treasury Secretary Steven Mnuchin said on Thursday U.S. and European officials' first steps on trade will be to resolve issues over steel and aluminum tariffs, and he expects a trade agreement between the parties to come out in stages.
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  • Facebook plunge to hit Nasdaq, offset U.S.-EU trade deal

    2 monthes ago - By Reuters

    A massive selloff in shares of Facebook set the tech-heavy Nasdaq on track to shed about 100 points at the open on Thursday, while S&P and Dow futures got a boost from signs the United States and the European Union will negotiate on trade.
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  • U.S. business spending on equipment strong; trade deficit widens

    2 monthes ago - By Reuters

    New orders for key U.S.-made capital goods increased more than expected in June and shipments surged, pointing to solid growth in business spending on equipment in the second quarter.
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  • U.S.-EU trade reprieve welcomed by Germany and markets

    2 monthes ago - By Reuters

    European stocks jumped following a breakthrough in trade talks between Donald Trump and European Commission President Jean-Claude Juncker. As Laura Frykberg reports, the US agreed to refrain from imposing car tariffs while the two sides launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade war.
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  • US-China trade war: Idaho may be the biggest victim, but not for its potatoes

    2 monthes ago - By CNBC

    Idaho tops the list of states with the highest bilateral trade exposure to the U.S.-China trade war, according to a Fitch Ratings report.
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  • World shares at four-month high on EU-U.S. trade breakthrough hopes

    2 monthes ago - By Reuters

    European equities powered higher on Thursday, pushing world stocks to new four-month highs after the European Union and the United States agreed to negotiate on trade, easing fears of a transatlantic trade war.
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  • U.S. And EU Agree To Remove Trade Barriers

    2 monthes ago - By NPR

    The U.S. and the EU say they've reached a deal that eases trade tensions. NPR's Rachel Martin speaks with EU Ambassador David O'Sullivan about what was agreed.
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  • News Brief: Trump And EU Ease Trade Tensions, Family Separation Update

    2 monthes ago - By NPR

    President Trump and the EU Commission's Jean-Claude Juncker said they would work to remove trade barriers between the U.S. and Europe. Also, Emma Platoff of the Texas Tribune on separated families.
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  • Facebook slams Nasdaq futures, EU-U.S. trade deal offers relief

    2 monthes ago - By Reuters

    A $150 billion slump in Facebook shares set the tech-heavy Nasdaq on track to shed more than 100 points at the open on Thursday, while S&P and Dow futures got a boost from signs the United States and the European Union will negotiate on trade.
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  • World stocks mostly rise after US-EU ceasefire on trade

    2 monthes ago - By Chron

    SINGAPORE - World markets mostly rose Thursday after the U.S. and European Union struck a deal to halt an escalating trade dispute. Asian markets were less upbeat as some worried that that could ease the pressure on the U.S. to find a compromise with Beijing over trade.
    KEEPING SCORE: Britain's FTSE 100 was less than 0.1 percent higher at 7,659 while France's CAC 40 added 0.3 percent to 5,441. Germany's DAX jumped 1.1 percent to 12,717. U.S. indexes were set for a mixed opening. S&P 500 futures dropped 0.2 percent but Dow futures rose 0.2 percent.
    ASIA'S DAY: Japan's Nikkei 225 lost 0.1...
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  • 'Wrecking ball' Trump rolls over European 'surrender monkeys' on trade - Max Keiser

    2 monthes ago - By RT

    Brussels has caved in to US pressure by agreeing to buy more American liquefied natural gas and certain food items in return for eliminating tariffs on EU steel and aluminum, says Max Keiser, host of RT's Keiser Report.
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  • German Economy Minister optimistic on EU-U.S. trade talks prospects

    2 monthes ago - By Reuters

    German Economy Minister Peter Altmaier said on Thursday he was hopeful that trade talks between the United States and the European Union would yield a good outcome after the two sides agreed to move to ease the threat of a transatlantic trade war.
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  • France says any U.S. trade deal should be reciprocal: Le Maire

    2 monthes ago - By Reuters

    France welcomes EU trade discussions with Washington but does not want to enter into a wide-ranging negotiation and feels any deal should be reciprocal, Finance Minister Bruno Le Maire said on Thursday.
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  • Germany welcomes U.S.-EU trade reprieve as step in right direction

    2 monthes ago - By Reuters

    Germany welcomed an initiative agreed between U.S. President Donald Trump and the head of the European Commission to ease the threat of a trade war and shares rose on the news, but business groups urged the two sides to back up their words with deeds.
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  • Britain welcomes U.S.-EU pledge to lower trade barriers

    2 monthes ago - By Reuters

    Britain welcomed an initiative agreed between U.S. President Donald Trump and European Commission President Jean-Claude Juncker to cut trade barriers, easing the threat of a transatlantic trade war.
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  • Why Trump and the EU's Juncker Are Both Claiming Victory After Their White House Trade Talks

    2 monthes ago - By Fortune

    Wednesday's meeting between U.S. President Donald Trump and European Commission President Jean-Claude Juncker was fruitful-the two sides agreed not to levy new tariffs on one another for now.
    The U.S. and EU will “work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods work to reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products, as well as soybeans,” Trump and Juncker said in a joint statement.
    So far, the U.S. hit the EU with tariffs on steel and aluminum imports, and the EU reciprocated with...
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  • What the Failure of Qualcomm's NXP Bid Means for the Chip Industry

    2 monthes ago - By Fortune

    A $44 billion chipmaker merger is history, the highest-profile victim of the ongoing U.S.-China trade disputes.
    Semiconductor giant Qualcomm qcom had been trying to acquire Dutch rival NXP for nearly two years, and it would have been the biggest merger in the history of the semiconductor industry.
    Eight countries' competition agencies had given Qualcomm the green light, but China's State Administration for Market Regulation was dragging its feet, and at midnight New York time, the deal ran out the clock .
    With the breakdown of the merger, Qualcomm will buy back as much as $30 billion in...
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