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Despite trade signing, disputes abound between US, China

Agence France-Presse
Posted at Jan 16 07:06 AM

The United States and China on Wednesday signed a long-awaited, if partial, deal to ease trade frictions but other disputes abound between the Pacific powers.   Read more »

US says China trade deal has no agreement to reduce tariffs

Agence France-Presse
Updated as of Jan 15 08:21 AM

The trade truce with China set to be signed on Wednesday does not include a deal to roll back tariffs imposed on most Chinese goods, US officials said in a statement Tuesday.  Read more »

Wall Street posts records amid trade optimism; Boeing juices Dow

Lewis Krauskopf, Reuters
Posted at Dec 24 07:52 AM

Wall Street's main indexes posted record closing highs on Monday after President Donald Trump said an initial US-China trade pact would be signed soon, while Boeing gave the Dow a big boost after the planemaker ousted its chief executive officer.   Read more »

Customs seizes P54-M worth of misdeclared sugar from China

ABS-CBN News
Posted at Dec 17 06:00 PM

MANILA - The Bureau of Customs (BOC) on Tuesday said they seized P54 million worth of refined sugar misdeclared as hardware fittings from China on different dates last August and September at the port of Manila.  Read more »

US threatens 100pct tariffs on French goods over digital tax

Heather Scott, Agence France-Presse
Posted at Dec 03 08:09 AM

The United States on Monday threatened to impose tariffs of up to 100 percent on $2.4 billion in French goods in retaliation for a digital services tax it says is discriminatory. Read more »

US re-imposes steel, aluminum tariffs on Brazil, Argentina

Pascale Trouillaud and Heather Scott, Agence France-Presse
Posted at Dec 03 07:54 AM

US President Donald Trump on Monday announced plans to reimpose tariffs on steel and aluminum from Brazil and Argentina, hitting back at what he called their "unfair" policies.  Read more »

Duterte says 'misunderstood' on suspension of rice importation

Arianne Merez, ABS-CBN News
Posted at Nov 22 07:17 PM

 President Rodrigo Duterte claimed Friday that he was misunderstood on his earlier order to halt rice importation. Read more »

Hike rice tariffs to rescue farmers, ex-agriculture chief urges gov't

Michelle Ong, ABS-CBN News
Updated as of Nov 22 12:47 PM

The 35-percent tax under the Rice Tariffication Law, a measure aimed at bringing down rice prices to tame inflation, should be increased to 70-86 percent, said Leonardo Montemayor, now president of the Federation of Free Farmers. Read more »

Philippines to continue rice imports with tighter rules

Reuters
Posted at Nov 21 02:51 PM

The Philippines will not suspend rice imports but will tighten food safety measures to control the entry of cheap grain that is hurting incomes of local farmers, the agriculture chief said on Thursday.  Read more »

China still world's biggest rice importer: Agri Dept

ABS-CBN News
Updated as of Nov 11 07:19 PM

The USDA-FAS uses a different set of statistics in its projection compared to the “official” data being used by the DA, Assistant Secretary Noel Reyes told radio DZMM. Read more »

US trade secretary says 'hope' is to avoid new auto tariffs

Agence France-Presse
Posted at Nov 04 06:46 AM

After some "very good conversations" with automakers in the European Union, Japan and elsewhere, the United States may not need to impose new tariffs on imported automobiles, Commerce Secretary Wilbur Ross said Sunday.   Read more »

US may extend tariff suspensions on $34 billion in Chinese goods

Reuters
Posted at Oct 29 06:58 AM

The United States Trade Representative is studying whether to extend tariff suspensions on $34 billion of Chinese goods set to expire on Dec. 28 this year, the agency said on Monday. Read more »

US sanctions leave bitter taste on French winegrowers ' palates

Olivier Devos, Agence France-Presse
Posted at Oct 07 07:03 AM

For French winegrowers in the Burgundy region, the new 25-percent US tariffs are leaving a bitter taste on the palate.  Read more »

US to strike EU with $7.5 bn in tariffs over Airbus subsidies

Heather Scott and Ben Simon, Agence France-Presse
Posted at Oct 03 06:36 AM

Hours after getting the green light from the World Trade Organization, Washington moved Wednesday to retaliate against the EU over illegal subsidies for Airbus, announcing tariffs on $7.5 billion (6.8 billion euros) worth of European goods starting October 18.  Read more »

US wants to make 'meaningful progress' in China trade talks

Heather Scott, Agence France-Presse
Updated as of Sep 13 08:42 AM

US trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin said Thursday, one day after conciliatory gestures by both sides boosted hopes of an eventual resolution. Read more »

China lodges WTO trade complaint against US

Agence France-Presse
Updated as of Sep 03 08:36 AM

China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force.   Read more »

China's factory activity shrinks for 4th month as trade woes deepen

Roxanne Liu and Dominique Patton, Reuters
Posted at Aug 31 06:27 PM

BEIJING - 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. Read more »

China to impose new tariffs on $75 bn of US imports

Ryan Mcmorrow, Agence France-Presse
Posted at Aug 24 04:18 AM

BEIJING, China—China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington's planned duty hikes, further intensifying the bruising trade war between the world's top 2 economies. Read more »

Signs of hope in trade war as US delays new tariffs on Chinese electronics

Heather Scott, Agence France-Presse
Posted at Aug 14 06:52 AM

US retailers and global financial markets got an early Christmas present Tuesday as President Donald Trump's administration announced it is delaying tariffs on key consumer electronic goods imported from China. Read more »

How Trump's latest tariff threat affects Asian currencies

ABS-CBN News
Posted at Aug 02 11:10 PM

The latest escalation in the US-China trade war may have helped central banks around the world decide on moves to ease monetary policy. Read more »