Trump signs USMCA, paving way for job market boom

‘We’re restoring America’s industrial might like never before’ President Trump signed the historic United States-Mexico-Canada Agreement, replacing the Clinton-era North American Free Trade Agreement that he called a “disaster.” The USMCA, which is the biggest trade deal of all-time, covers more than … Read More

US, China sign historic phase one trade deal

‘It doesn’t get any bigger than this’ President Trump signed a landmark trade agreement with China, heralding a period of detente in a trade war between the world’s two largest economies fueled by decades of complaints that Beijing was manipulating its currency and stealing … Read More

USMCA thumbs-up from Senate hands Trump second trade victory

The United States-Mexico-Canada Agreement sailed through the U.S. Senate on Thursday, giving President Trump his second major trade win in as many days. The biggest trade deal of all time, the pact encompasses more than $1.3 trillion of commerce. While winning enough votes to pass … Read More

China’s to sign US trade deal in Washington next week

posted in: Far East, News

The Phase 1 deal reached last month is expected to cut tariffs and boost Chinese purchases of US farm, energy and manufactured goods while addressing some disputes over intellectual property. FILE PHOTO: Containers are seen at the Yangshan Deep Water … Read More

Hong Kong just entered a recession. Experts say economy will ‘remain weak’ amid protests, trade war

posted in: Far East, News

KEY POINTS Hong Kong’s government said domestic consumption weakened amid ongoing anti-government protests. It also cited the protracted U.S.-China trade war as another factor, as Hong Kong reported “an enlarged decline” in exports. With no end in sight for either … Read More

US-China reach trade war ‘pause’

posted in: News, United States

The U.S. and China have reached a partial trade pause. President Trump, speaking at the White House, said: “We’ve come to a very substantial phase one deal”…adding it will take three to five weeks to get written. The deal includes intellectual property, financial … Read More

Trump changes his tone on China deal after Market slide

posted in: News, United States

After President Donald Trump helped send markets tanking by feeding doubts about his trade deal with China, he stepped in Wednesday to pump up optimism in a series of early-morning tweets. The US President cited “very strong signals” overnight from … Read More

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