Wall St. set to fall at open as Trump signals delay in China trade deal

(Reuters) – U.S. stocks were set to drop at the open on Tuesday after comments from President Donald Trump sparked fears of a delay in resolving a bruising tariff dispute with China until after the presidential election in November 2020. FILE PHOTO: Traders work on the floor at the New Continue Reading

Tech stocks lift Wall Street as reports brighten hopes of trade deal

(Reuters) – Wall Street rose for the first time in three sessions on Wednesday with technology stocks providing a boost, as a report that China was open to a partial trade deal soothed investor nerves ahead of high-level talks on Thursday. FILE PHOTO: Traders work on the floor at the Continue Reading

China, U.S. had ‘constructive’ trade talks in Washington: Xinhua

FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song/File Photo/File Photo BEIJING (Reuters) – China and the United States had “constructive” discussions on trade in Washington, state news agency Xinhua said Continue Reading

China’s factory activity shrinks for fourth month as trade woes deepen

BEIJING (Reuters) – Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world’s second-largest economy. FILE PHOTO: A worker welds automobile parts at a workshop Continue Reading

China says U.S., China should make compromises in trade talks

BEIJING (Reuters) – China and the United States should be willing to make compromises in trade talks and not insist only on what each side wants, Chinese Vice Commerce Minister Wang Shouwen said on Monday. FILE PHOTO: Chinese Vice Commerce Minister and Deputy China International Trade Representative Wang Shouwen attends Continue Reading

G20 finance chiefs cite ‘intensified’ trade row, but don’t call for its resolution

FUKUOKA, Japan (Reuters) – Group of 20 finance leaders said on Sunday that trade and geopolitical tensions have “intensified”, raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict. Christine Lagarde, managing director of the International Monetary Fund (IMF), Continue Reading

Hard for Xi, Trump to make progress on trade: former China central bank chief

BEIJING (Reuters) – China’s President Xi Jinping and U.S. President Donald Trump are likely to find it “difficult” to make major progress toward ending their countries’ trade war when they meet at a G20 summit in Japan in June, a former top Chinese official said on Friday. Containers are seen Continue Reading