Oil little changed after U.S.-China trade deal offsets U.S. product build
Oil prices were slightly down in seesaw trade on Wednesday, pressured early by data showing big increases in U.S. refined products but lifted later by the signing of a Phase 1 trade deal between Washington and Beijing.
China to boost U.S. purchases by $76.7 billion in first year of trade deal: text
China has agreed to increase purchase $76.7 billion worth of U.S. goods in the first year of the newly signed Phase 1 trade deal with the United States, with $123.3 billion slated for the second year, according to the text of the agreement released on …
U.S., China reset trade relationship with Phase 1 agreement
The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies.
Trump urges Boeing to move fast on resolving 737 MAX issues
U.S. President Donald Trump on Wednesday urged Boeing Co to move quickly to resolve issues with the grounded 737 MAX, noting the planemaker’s significant impact on the U.S. economy.
What’s in the U.S.-China Phase 1 trade deal
U.S. President Donald Trump and Chinese Vice Premier Liu He signed a deal on Wednesday in the White House that cut some U.S. tariffs on Chinese goods in exchange for Chinese pledges to purchase more of American farm, energy and manufactured goods and …
Goldman pledges ‘concrete’ expense target after profit decline
Goldman Sachs Group Inc will set an expense target at its investor day later this month, management said on Wednesday, after the bank missed Wall Street profit expectations due to inflated costs.
Macron hopes China-U.S. trade deal will not bring new U.S.-EU tensions
French President Emmanuel Macron said on Wednesday that he hoped a new agreement between China and the United States on trade will not lead to new tensions between the United States and Europe.
Trump: U.S. will lift tariffs on China after Phase 2 deal finished
U.S. President Donald Trump on Wednesday said he would remove all U.S. tariffs on Chinese imports as soon as the two countries completed the Phase 2 part of their trade agreement, adding that he does not expect there to be a Phase 3 pact.
U.S. states tell court prices to rise if Sprint, T-Mobile allowed to merge
A group of U.S. states suing to block T-Mobile US Inc from merging with Sprint Corp on Wednesday told a federal judge that the deal would violate antitrust laws and raise wireless prices for consumers.
Mexico union threatens Home Depot strike, inspired by USMCA trade deal
Spurred on by labor protections in the new North American trade deal, a top Mexican trade union has accused Home Depot of blocking union activity and threatened strikes next week if the U.S. home improvement chain does not improve pay and benefits for…
