The current situation is reminiscent of the mid-1980s, when the U.S. ran a record current account deficit of 5 percent of GDP ...

By disregarding the balance of interests established through years of multilateral ... him who support the idea of wielding the bullying bat of tariffs to get favorable trade outcomes for the US. But ...

The U.S. and South Korea had a "very successful" meeting on Thursday, Treasury Secretary Scott Bessent said, as the two ...

Tariffs will weigh on the global economy and dent the region’s post-pandemic economic momentum. That’s because exports have led growth in many emerging economies amid lackluster domestic demand. In ...

The US Treasury Secretary, Scott Bessent, stated in Washington that the United States and China have a significant ...

“It’s a balance,” said Fred S ... I think it was a fairly favorable wind for the golf course in general, which is why I think you’re seeing some good scores.” In a larger sense, the ...

This decision, impacting about 60 countries and trading blocs, raises concerns about sparking a global trade war. Countries in Southeast Asia, including the Philippines, are among those that will feel ...

which leaves little time to negotiate what the president has predicted will be agreements shifting the balance of trade in America’s favor. So far, the White House has portrayed the mere fact of ...

In 2023, $9.26 billion worth of goods were exported under the accord, of which $4.25 billion were products from the oil or energy sector, according to the United States International Trade ...

What was supposed to be a historic, era-defining trade war launched by US President Donald Trump against a range of countries has, for now, narrowed in on a singular target: China. Trump announced ...

WASHINGTON/BRUSSELS/BEIJING (Reuters) -President Donald Trump's trade war rattled global markets ... countries" which he said would present more favorable terms. "I don't see anything unusual ...