Democratic lawmakers are "within range of a substantially improved" trade agreement with Canada and Mexico, said the Speaker of the House of the United States Nancy Pelosi on Monday.   However she also said that the Democratic law makers also demand that the progress that has been made in...

A report from Global Times, a tabloid run by China’s the ruling Communist Party's official People's Daily, claimed that China and the United States are 'very close' to a agreeing on a phase one trade deal. The report effectively dispelled a host of "negative" media reports that raised questions...

There was some relief in the global financial markets about rising possibility of the more than one year old trade war between the United and China would ultimately get diffused after the leaders of the two largest economies of the world both expressed and reiterated their intention to complete and...

The threats to the growth of the global economy have increased, said a report by a leading international economic organization.   The prospects of global growth have decreased steadily said a new report by the Organisation for Economic Cooperation and Development - the OECD. While...

While China is eager to arrive at the so called phase one of the trade agreement with the United States, Beijing will not be afraid to fight back is required, said Chinese President Xi Jinping. These comments assume importance because two days ago US President Donald Trump had alleged that China...

The slowdown in the global economy is primarily associated with structural problems, but trade restrictions also lead to lower growth in key markets, OECD experts indicate in a new macroeconomic review. According to the WTO, the volume of trade restrictions imposed by countries over the past six...

China attempted to allay fears that the trade negotiations with the United States could be getting off track as the country’s commerce ministry said on Thursday that Beijing will strive to reach a "phase one" of the proposed trade agreement with Washington and both the sides have kept communication...

The governor of California announced that starting next year, authorities will no longer buy cars from General Motors, Toyota and Fiat Chrysler. State authorities attribute this to the fact that companies did not support local initiatives to combat climate change, but sided with federal authorities...

The United States and China have now fallen back on the agreement that the two sides almost managed to agree to in May this year for deciding on the amount of tariffs that each should take back as part of the so called phase one trade agreement between the two countries, claimed reports quoting...