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U.S., China haggle over toughest issues in trade war talks

15 hours ago DieselGasoil Comments Off on U.S., China haggle over toughest issues in trade war talks
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators haggled on Thursday over the details of a set of agreements aimed at ending their trade war, just one week before a Washington-imposed deadline for a deal expires and triggers higher U.S. tariffs. U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin and Commerce Secretary Read More

U.S., China resume trade talks to thrash out structural agreements

20 hours ago DieselGasoil Comments Off on U.S., China resume trade talks to thrash out structural agreements
WASHINGTON (Reuters) – The top U.S. and Chinese trade negotiators resumed high-level talks on Thursday to hash out a deal that could end their trade war, just over a week before a U.S.-imposed deadline to reach agreement expires and triggers a new round of tariffs. U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin Read More

Factbox: U.S., China drafting memorandums for possible trade deal

2 days ago DieselGasoil Comments Off on Factbox: U.S., China drafting memorandums for possible trade deal
(Reuters) – Top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues in their seven-month trade war. <img src="https://s4.reutersmedia.net/resources/r/?m=02&d=20190221&t=2&i=1358738795&r=LYNXNPEF1K03S&w=450" aria-label="FILE PHOTO: Workers transport imported soybean products at a port in Nantong, Jiangsu province, China April 9, 2018. REUTERS/Stringer/File Photo Read More

Amid trade talks, China urges U.S. to respect its right to develop, prosper

3 days ago DieselGasoil Comments Off on Amid trade talks, China urges U.S. to respect its right to develop, prosper
BEIJING (Reuters) – The United States should respect China’s right to develop and become prosperous, the Chinese government’s top diplomat told a visiting U.S. delegation, reiterating that the country’s doors to the outside world would open wider. Myron Brilliant, executive vice president and head of International Affairs at the U.S. Chamber of Commerce (2-L) and Read More

EU starts natural gas price war Trump and Putin will love

5 days ago DieselGasoil Comments Off on EU starts natural gas price war Trump and Putin will love
By Mathew Carr on 2/17/2019 Photo: Yamal LNG, Total. LONDON (Bloomberg) — The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the region. The battle won’t brutalize earnings too much because gas supply is just so Read More

Global commodity traders to monitor deforestation in Brazil's savannah

7 days ago DieselGasoil Comments Off on Global commodity traders to monitor deforestation in Brazil's savannah
BRASILIA (Reuters) – Six major commodities traders, including Cargill Inc and Bunge Ltd, have agreed to a common mechanism to monitor soybean supply chains for deforestation in Brazil’s vast Cerrado savannah, according to a statement on Friday. The Cerrado covers roughly a quarter of Brazil’s territory, the nation’s second-largest biome after the Amazon rainforest. Its Read More

Trump announces national emergency to get wall funding

7 days ago DieselGasoil Comments Off on Trump announces national emergency to get wall funding
Donald Trump has announced a national emergency at the US-Mexico border as he attempts to bypass Congress and get funding for his controversial wall. Speaking in the Rose Garden of the White House, the US president confirmed: “I’m going to be signing a national emergency.” Mr Trump said the wall was needed because “we have Read More

Trump to declare national emergency over border wall

1 week ago DieselGasoil Comments Off on Trump to declare national emergency over border wall
Donald Trump will sign a security funding bill to avert another government shutdown but will also declare a national emergency over the border wall, says the White House. By declaring an “executive action”, the Republican president is attempting to bypass Congress to get $5.7bn that Democrats in the House of Representatives have denied him for Read More

Explainer: What's at stake in U.S.-China trade talks

1 week ago DieselGasoil Comments Off on Explainer: What's at stake in U.S.-China trade talks
WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American negotiators try to hammer out a trade deal to ease a trade war and avert an increase in U.S. tariffs on Chinese goods scheduled for March 2. U.S. Trade Representative Robert Lighthizer, Read More

Oil gains 1 percent after Saudi Arabia pledges more output cuts

1 week ago DieselGasoil Comments Off on Oil gains 1 percent after Saudi Arabia pledges more output cuts
NEW YORK (Reuters) – Oil prices rose more than 1 percent on Tuesday after OPEC figures showed it cut production sharply in January, and as lead member Saudi Arabia said it would reduce its output in March by an additional 500,000 barrels. FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, Read More