Trade

LA MALBAIE: The leaders of the G7 on Saturday failed to heal a tariff dispute that has pushed them to the brink of trade war, as Donald Trump quit their summit early warning Canada, Japan and Europe that "the gig is up." Trump had come…

MOSCOW: Russian President Vladimir Putin said on Thursday that he had warned European countries years ago about the risk of the United States imposing its rules on others, and that they were now paying the price for ignoring him.…

BEIJING: China’s Commerce Ministry said on Thursday that the country does not want an escalation of trade frictions with the United States and that some specific progress was made in the latest round of talks that concluded over the…

BRUSSELS: EU foreign policy chief Federica Mogherini says the bloc was not in a trade war with anyone but would defend its interests, hours after the US slapped punishing metals tariffs on Europe and other close allies. “The European…

BEIJING: Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday. The announcement came after high-level talks in the US capital and followed…

WASHINGTON: US President Donald Trump met with Apple Inc Chief Executive Officer Tim Cook on Wednesday to discuss trade issues as the technology industry grapples with a spat over import tariffs with China, a manufacturing hub for the…

ISLAMABAD: Pakistan and Uzbekistan on Thursday agreed to form a joint working group on trade and investment to explore opportunities to fortify relations. This was decided while a high-ranking ministerial delegation from Uzbekistan led…

RAWALPINDI: Ambassador of Nepal, Sewa Lamsal Adhikari said Saturday that her country wants to further boost bilateral trade and economic relations with Pakistan. Speaking at a Gems & Jewelry exhibition held under the auspicious of…

World Trade Organization said that it expects strong trade growth through this year and next but warned progress would be "undermined" if governments implement threatened protectionist measures.

China warned that trade talks with the United States were "impossible" under current conditions after President Donald Trump reassured markets by suggesting that the dispute could be resolved.