China’s US surplus jumps as trade with world picks up

China’s trade surplus with the United States expanded last year, raising the possibility of fresh blowback from President Donald Trump who has often bashed Beijing over the issue and fanned fears of a trade war. The increase came despite a tumble in China’s global surplus as domestic demand spurred a rally in imports. The figures on… Please follow and like us:

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‘Trump effect’ jams up APEC free trade consensus

Asia-Pacific ministers struggled Thursday to agree on a joint statement on free trade, a rare tussle over a normally routine document that highlights how Donald Trump’s protectionist “America First” stance is knotting up global trade relations. World leaders are gathering in the Vietnamese city of Danang this week for the annual Asia Pacific Economic Cooperation (APEC)… Please follow and like us:

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US loses 33,000 jobs in September after hurricanes slam Texas, Florida

WASHINGTON — Hurricanes Harvey and Irma walloped the labor market last month, causing the nation to lose jobs for the first time in seven years, the Labor Department said Friday. Total nonfarm employment declined by 33,000 net jobs in September compared with an upwardly revised gain of 169,000 the previous month. The Labor Department said 1.5… Please follow and like us:

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Asian markets track Wall St up as US jobs come into view

Asian markets edged up in muted trade on Thursday while the dollar held gains following a third-straight record close on Wall Street and more positive US data. With attention now on the release of US jobs figures on Friday and investors trying to figure out Donald Trump’s pick as the next Federal Reserve boss, there was… Please follow and like us:

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Top 5 Things To Know In The Market On Monday

TOP 5 THINGS TO KNOW IN THE MARKET ON MONDAY IN THE MARKET Here are the top five things you need to know in financial markets on Monday, August 7: 1. OPEC / non-OPEC meeting kicks off Market players looked ahead to a highly-anticipated meeting of oil ministers from some OPEC and non-OPEC producers to assess… Please follow and like us:

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World Leaders Express Dismay at US Withdrawal From Paris Accord

World leaders and environmental groups have expressed their disappointment with U.S. President Donald Trump’s decision to withdraw from the landmark Paris climate accord, the global effort to deal with the effects of climate change. The leaders of Germany, France and Italy, in a highly unusual move, issued a joint statement expressing “regret” at the decision. “We… Please follow and like us:

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