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Global Trends

Bill might fray China–US ties

The trend towards new protectionism accelerated last week as the US Congress passed a bill to direct the administration to allow easier action against China and other countries found to 'manipulate' their currency.

Business

Currency issues heating up

SO, the United States has once again intensified its political pressure on China to hasten the appreciation of the latter's currency, the yuan, as a new legislation to allow tariffs to be imposed on imported goods from 'countries with undervalued currencies' was passed by the US House of Representatives over the week.

Business

Move to pressure Beijing to let its currency rise faster

BEIJING: China yesterday hit back at a bill passed by the US House of Representatives aimed at pressuring Beijing to let its currency rise faster by branding it in violation of world trade rules.

World

Geithner vows to take China currency dispute to G20

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner sought to convince skeptical U.S. lawmakers on Thursday he was taking a tougher line on China's currency and trade policies, but Beijing warned that pressure from

World

U.S. lawmakers grill Geithner on China currency stance

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner sought to convince U.S. lawmakers on Thursday he was taking a tougher line on China's currency and trade policies, but Beijing warned that pressure from Washington could

World

Geithner signals U.S. impatience on China currency

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner sought to convince U.S. lawmakers on Thursday he was taking a tougher line on China's currency and trade policies, but Beijing warned that pressure from Washington could

World

Geithner signals U.S. impatience on China currency

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner sought to convince U.S. lawmakers on Thursday he was taking a tougher line on China's currency and trade policies, but Beijing warned that pressure from Washington could

World

EXCLUSIVE - Fight between U.S. and Brazil threatens trade

WASHINGTON/BRASILIA (Reuters) - The road to rock bottom for relations between Brazil and the United States, a dispute that now threatens business ties between the two Western Hemisphere economic giants, began in Brasilia in March.

World

Carbon tariffs on imports risk trade war -- EU study

BRUSSELS (Reuters) - The European Union is considering border tariffs on imports from more polluting countries, but an initial assessment shows such levies could spark trade wars, draft reports show.

World

Carbon tariffs on imports risk trade war -- EU study

BRUSSELS (Reuters) - The European Union is considering border tariffs on imports from more polluting countries, but an initial assessment shows such levies could spark trade wars, draft reports show.