QUEBEC CITY—President Donald Trump told the Group of Seven (G7) leaders that there should be no tariffs and barriers among the G7 countries, during the summit in La Malbaie, Quebec. “You go tariff-free, you go barrier-free, you go subsidy-free. That’s the way you learn at the Wharton School of Finance” Trump told reporters on Saturday. “I […]

QUEBEC CITY—Leaders of the world’s major industrialized democracies are meeting at the June 8–9 Group of Seven (G7) summit in Charlevoix, Quebec, Canada, where key topics will include economic growth, trade, and shared security issues, according to Larry Kudlow, top White House economic adviser. The leaders are meeting at a time of heightened tensions over […]

The latest round of trade talks between the United States and China in Beijing made “positive and concrete” progress, China said as a weekend round of talks concluded between U.S. Commerce Secretary Wilbur Ross and Chinese Vice Premier Liu He on June 3. While the details of the latest agreement have yet to be ironed […]

WASHINGTON—Speaking at the U.S. Chamber of Commerce ahead of his participation in the trade delegation to China, U.S. Trade Representative Robert Lighthizer said resolving the trade dispute with the Chinese communist regime would be a very challenging task. “I am always hoping, but not always hopeful. So it is a big, big challenge,” he said […]

Earnings season couldn’t be coming at a better time for the stock market.

President Donald Trump pitched his infrastructure plan on Thursday in Ohio. In a campaign-style speech, he talked about a variety of topics including deregulation, tax cuts, and a recent trade deal with South Korea. He also bashed Hillary Clinton for making a bad trade agreement with Koreans, calling it a “horror show.” Trump said there […]

WASHINGTON—President Donald Trump is taking a hard-nosed approach to tackling one of the most urgent problems facing the country. The trade sanctions that Washington unveiled on March 22 are meant to punish Beijing for employing “unfair trade practices” to steal American technology that will be vital to the U.S. economy in the years ahead. “If […]

President Donald Trump will announce new tariffs on steel and aluminum imports next week, according to Fox News and BBC. The president was set to make the announcement today during a meeting with CEOs from U.S. aluminum and steel companies, but the date was pushed back due to resistance from tariff opponents, which include the U.S. […]

The common ground between Canada and India runs deep. It is therefore puzzling why economic ties are weak especially given the significant opportunity left untapped for trade-hungry Canada.

Evading United Nations sanctions was easy thanks to China, said a North Korean defector who once worked in Office 39, a shady money-making department dedicated to the North Korean leadership. An anonymous defector told the ABC how part of his job was to sell North Korean gold overseas. To do that, he said it was […]

Malaysia, which until recently had been one of Pyongyang’s closest friends, has halted all imports from North Korea, as part of global efforts to cut off funding over its nuclear and missile programs. Malaysia did not buy any goods from North Korea in June and July, after buying 20.6 million ringgit ($4.89 million) worth of goods in the first five […]

China’s first overseas military base—located at a critical chokepoint for global trade looking to navigate the Suez Canal—could be a geopolitical game changer, but it has less impact in military terms. Establishing the Djibouti base at the Horn of Africa signals the Chinese regime’s long-term strategic intentions, say experts. A Chinese Communist Party that once pledged […]

BEIJING (Reuters)—China’s trade with isolated North Korea rose more than 10 percent in the January-June period from a year earlier, a Chinese official said on Thursday, amid pressure from the United States for Beijing to pressurize its troublesome neighbor. Last week U.S. President Donald Trump denounced China’s trade with North Korea, saying it had grown […]

President Trump's economic protectionism could lead the US and China into a trade war. So who would come out on top?

Donald Trump brings the fight to China—in 140 characters or less!

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Prime Minister Justin Trudeau begins his first official visit to China as groups at home call on him to support the human rights of the Chinese people, call for the release of prisoners of conscience, and help end repressive actions that have crossed into Canada. A coalition of groups including Amnesty International is calling on […]

Delegates and supporters of both Hillary Clinton and Bernie Sanders are calling for stronger language opposing the Trans-Pacific Partnership (TPP) trade deal to be included in the party platform. The letters were sent by delegates and supporters in Connecticut, Ohio, and New Jersey on Thursday and Friday, ahead of a full committee meeting of 187 committee delegates […]

If Donald Trump is elected president of the United States on Nov. 9, international trade will drop and the U.S.’s role as defacto leader on the international stage could wane.

Trade policy is among the issues prompting U.S. voters to coalesce around Hillary Clinton and Donald Trump as presumptive nominees for president. Clinton opposes the Trans-Pacific Partnership, calling for a crackdown on trade violations and more enforcement; Trump is critical of nearly all trade agreements, vowing to get tough with top partners like Mexico and China. "The problem is not with the trade agreements," argues Jeffrey E. Garten, author and emeritus dean of the Yale School of Management, in a memo to the candidates, but "with America's failure to create policies at home that equip workers to adjust to rapid import penetration and to exploit new opportunities that trade could bring." Garten, who participated in trade negotiations for four presidential administrations, both Republican and Democrat, concedes that the United States and other countries failed to manage a flood of imports as globalization went into overdrive. He urges the next president to prepare for a new global economy, crafting policies so workers can anticipate trends and adjust to new technologies. Until then, Garten calls for a moratorium on passage of any U.S. trade agreements.