Market News / Story
Jamieson Greer Says US Trade Push Goes Beyond China As Allies Target Excess Capacity Across Asia
Stocktwits ·
Stocktwits reports: U.S. Trade Representative Jamieson Greer said on Thursday that the Trump administration is broadening its focus on industrial overcapacity beyond China, pointing to Vietnam and other Asian economies whose export-led growth models could be contributing to the problem. In an interview with CNBC, Greer said the U.S. and a group of trading partners had agreed to share information, cooperate and coordinate action against excess industrial capacity. “It's the EU. It's Japan.…
Related stories
U.S. Trade Rep. Greer on global excess capacity deal: Action is needed to restrain Chinese exportsRead story summary
U.S. Trade Representative Jamieson Greer joins 'Squawk Box' to discuss details of a new joint deal with 14 other major economies to crack down on global factory overproduction, targeting excess manufacturing, Pres. Trump's trade and tariff policies, and more.
VIEW SOURCE
China And The EU Have Come To An Agreement To Better Handle Trade DisputesRead story summary
China And The Eu Have Come To An Agreement To Better Handle Trade Disputes. China And The Eu Have Agreed On Hybrid Vehicle Trade Following Extensive Talks, In Line With Wto Rules. Discussions Will Continue On Price Terms And The Eu's Anti-subsidy Inquiry Into Chinese Electric Cars. China commerce ministry to keep exploring scope to cut tariffs on some goods under WTO rules
VIEW SOURCE
EU-China trade talks begin in Beijing amid escalating pressureRead story summary
European Trade Commissioner Maros Sefcovic has arrived in Beijing for talks on the European Union’s (EU) growing trade deficit with China. Sefcovic will meet Chinese Commerce Minister Wang Wentao on Thursday and Friday after months of discussions over the EU’s trade deficit of more than €1bn ($1.12bn) daily, as well as Chinese curbs on exports of rare ...
VIEW SOURCE- China’s Growth Target Has Become a Trap for Xi
Read story summary
China’s latest effort to prop up its battered housing market and spur the economy is getting a poor reception. The measures are underwhelming and unlikely to achieve much beyond improving Beijing’s chances of meeting its already restrained growth ambitions. That is damning the initiative with faint praise. The deeper problem lies in how China measures ...
VIEW SOURCE