Poll: 70 percent of Canadians boycott U.S. products
2018-06-16 07:43:47 UTC
OTTAWA (Reuters) - Seventy percent of Canadians say they will start looking for ways to avoid buying U.S.-made goods in a threat to ratchet up a trade dispute between Prime Minister Justin Trudeau and U.S. President Donald Trump, an Ipsos Poll sho...
Iran to Kim: Don't trust Trump, he quits deals within hours
2018-06-12 23:46:34 UTC
LONDON (Reuters) - Iran warned North Korean leader Kim Jong Un on Tuesday against trusting U.S. President Donald Trump, saying he could cancel their denuclearization agreement within hours.
Tehran cited its own experience in offering the advice...
Trump's massive tax cuts drive up U.S. deficits: Just in May alone, $147 billion
2018-06-12 23:06:23 UTC
WASHINGTON (Reuters) - The U.S. government had a $147 billion budget deficit in May, an increase of 66 percent from the same month last year as the ledger took a hit from declining revenue and higher spending, according to Treasury Department data...
Canadian province of Quebec offers C$100 million in loans to companies hit by U.S. tariffs
2018-06-11 22:15:23 UTC
MONTREAL (Reuters) - The Canadian province of Quebec will offer C$100 million ($77.1 million) in loans and guarantees on loans to steel and aluminum companies hit by recent U.S. tariffs, the province’s economy minister said on Monday.
Merkel labels Trump behavior 'depressing'
2018-06-11 06:07:07 UTC
Germany's Angela Merkel sharply criticized Donald Trump's decision to retract his endorsement of the G7 communique. The German Chancellor said the EU would continue preparing counter-measures to US metal tariffs.
Merkel on Sunday chided US Pre...
Macron suggests to exclude Trump from joint statement at G7 summit
2018-06-08 02:20:20 UTC
OTTAWA (Reuters) - French President Emmanuel Macron, who has invested in a warm personal relationship with US president Donald Trump, said the other G7 nations - Britain, Canada, Germany, Italy and Japan, as well as France - should remain “polite”...
Mexico puts tariffs on products from key Republican congressional districts
2018-06-07 02:50:01 UTC
WASHINGTON/MEXICO CITY (Reuters) - Mexican tariffs are roiling U.S. congressional campaigns in states where U.S. exporters could take a hit and President Donald Trump’s Republicans face tough races in November congressional elections.
United States completely isolated itself at G7 meeting
2018-06-01 19:03:28 UTC
WASHINGTON/WHISTLER, British Columbia (Reuters) — U.S. isolated at G7 meeting as tariffs prompt retaliation.
At a meeting of the Group of Seven top world economic powers in Canada, France’s Finance Minister Bruno Le Maire castigated the United ...
France: The American consumer will pay for Trump's tariffs bill
2018-06-01 05:26:35 UTC
PARIS (Reuters) - U.S. trade tariffs on European metals exports are unjustified and will be met with a proportionate and calibrated EU response, the French government said on Thursday.
“Today, France and the EU disapprove, of course, these meas...
Tesla in 'Autopilot' mode crashes into parked police vehicle
2018-05-29 21:53:47 UTC
WASHINGTON (Reuters) - The driver of a Tesla Inc (TSLA.O) vehicle crashed into an unoccupied, parked police vehicle in Laguna Beach, California, on Tuesday and the driver told investigators the Tesla was in “Autopilot” mode at the time, a police s...
Iran to attend June summit in China of Asian leaders
2018-05-28 16:57:06 UTC
BEIJING (Reuters) - China will host Iranian President Hassan Rouhani next month at a regional summit aimed at avoiding disruption of joint projects, its foreign ministry said on Monday, as major powers scramble to save Iran’s nuclear deal after th...
EU privacy law: Companies to be more attentive to user data
2018-05-25 06:40:19 UTC
BRUSSELS (Reuters) - New European privacy regulations that go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to control their data and tougher enforcement of...
T-Mobile, operated by Germany's Deutsche Telekom, to buy Sprint for $26 billion
2018-04-29 18:11:58 UTC
T-Mobile agreed to acquire Sprint in an all-stock deal for $26 billion that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny.
The agreement caps four years of on- and off- talks bet...
EU and Mexico reached agreement on free trade deal
2018-04-22 17:58:44 UTC
BRUSSELS (Reuters) - German Chancellor Angela Merkel on Sunday welcomed an agreement reached between the European Union and Mexico on a new free trade deal, a coup for both parties in the face of increased protectionism from the United States unde...
Merkel and Macron seeking a joint proposal on EU reforms
2018-04-18 23:46:24 UTC
BERLIN (Reuters) - The leaders of Germany and France meet on Thursday to try to work out a common position on reforming the euro zone, a sensitive issue that is testing the new government in Berlin just a month after it took office.
China asks EU to stand together against US protectionism
2018-04-17 17:12:37 UTC
BEIJING/BRUSSELS (Reuters) - China’s international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beijing against U.S. protectionism, according to four s...
UK lawmakers, celebrities demanding 'people's vote' referendum on Brexit
2018-04-15 17:35:39 UTC
LONDON (Reuters) - Lawmakers, celebrities and business leaders launched a campaign on Sunday to call for a vote on any final Brexit deal, stepping up a campaign to try to stop what they describe as Britain’s damaging departure from the European Un...
Facebook tracks people whether they have accounts or not
2018-04-15 17:05:17 UTC
SAN FRANCISCO (Reuters) - Concern about Facebook Inc’s (FB.O) respect for data privacy is widening to include the information it collects about non-users, after Chief Executive Mark Zuckerberg said the world’s largest social network tracks people ...
Trump Flip Flops on TPP - Trans Pacific Partnership
2018-04-12 23:35:17 UTC
WASHINGTON (Reuters) - U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans Pacific Partnership, a multinational trade pact he withdrew the United States from last year, White House spokeswoman Lindsay Walters sa...
Why is Germany's dual education system coveted?
2018-04-06 22:04:13 UTC
The German economy is powered by products sold the world over. The strength of Europe's powerhouse depends on outbound shipments. We take a look at one of its latest exports and reveal the secrets behind its success.
Charlotte Falke creates tec...
Trump playing a game of chicken with US economy
2018-04-06 20:08:51 UTC
BEIJING/WASHINGTON (Reuters) - China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh trade measures if the United States follows through on President Donald Trump’s threat to slap tariffs on an additional ...
China increased tariffs by up to 25 percent on 128 US goods
2018-04-02 06:29:23 UTC
BEIJING (Reuters) - China has increased tariffs by up to 25 percent on 128 U.S. products including frozen pork, wine and certain fruits and nuts, escalating a spat between the world’s biggest economies in response to U.S. duties on imports of alum...
Trade Conflict Fears To Keep Markets On Edge
2018-03-30 08:50:53 UTC
BRUSSELS (Reuters) - A full-scale global trade war has not broken out yet - but that hasn’t stopped the market from fretting about one or analysts from warning about the potential cost.
Whether such concerns remain a driving force for asset pri...
California Judge Rules Coffee Sellers Should Post Cancer Warnings
2018-03-30 08:53:52 UTC
LOS ANGELES (AP) — Scientists haven’t rendered a verdict on whether coffee is good or bad for you but a California judge has. He says coffee sellers in the state should have to post cancer warnings.
The culprit is a chemical produced in the bea...
European Union: It is not clear what Trump wants
2018-03-23 16:29:14 UTC
BRUSSELS (Reuters) - The European Union’s trade chief is unsure what Washington wants in return for a permanent EU exemption from steel tariffs but she warned on Friday that she would resist pressure to cut EU duties on U.S. cars.