Sentences with phrase «trade official said»

U.S. RESTRICTIONS: U.S. officials are pushing for quotas and «other restrictions» on steel and aluminium imports, a top trade official said after the White House announced a month - long extension of tariff exemptions for Canada, Mexico and the European Union.

Trump only wants back in if the U.S. can win better terms, and those countries» trade officials say they are not open to renegotiation.

Not exact matches

U.S. officials say a delegation led by Treasury Secretary Steven Mnuchin has arrived in Beijing for talks on a festering dispute over trade and technology.

Further escalation of trade tensions could raise worries about the global economic recovery, a top Federal Reserve official said Friday.

The White House had no comment on specifics of the discussions, but an administration official said China should change its behavior and take action to change the trajectory of its trading relationship with the U.S.

With U.S. steel and aluminum tariffs set to take effect within days, France's top finance official said the EU shouldn't get caught in a trade war.

Former Federal Trade Commission officials say that Facebook Inc. appears to have breached a 2011 consent agreement to safeguard users» personal information and may be facing hundreds of millions of dollars in fines.

All three parties want to move forward,» said Lighthizer, the top U.S. trade official.

Administration officials say no news is expected at the summit on the renegotiation of the North American Free Trade Agreement or on new sanctions on the Venezuelan government.

«It is clear that the latest safeguard measures would violate the WTO rules,» South Korea's trade minister Kim Hyun - chong said in a meeting with industry officials.

At a news conference following a series of meetings with senior U.S. trade officials and lawmakers in Washington, Guajardo said that Mexico was still trying to understand the U.S. proposals that would require 50 % of vehicles» value content be produced in the United States as part of updated North American Free Trade Agreement rtrade officials and lawmakers in Washington, Guajardo said that Mexico was still trying to understand the U.S. proposals that would require 50 % of vehicles» value content be produced in the United States as part of updated North American Free Trade Agreement rTrade Agreement rules.

European officials have said the U.S. tariffs violate international trading rules, and they have threatened to retaliate with levies on iconic American brands such as Harley Davidson motorcycles and Kentucky bourbon.

China's Sinopec plans to cut Saudi crude oil imports loading in May by 40 percent, an official from the company's trading arm Unipec said.

«They won't liberalize dairy very much,» said Gary Clyde Hufbauer, a former U.S. Treasury international trade official who is now a senior fellow at the Peterson Institute for International Economics, a nonpartisan think tank in Washington D.C. «They might do some token stuff on ice cream but it won't amount to anything.»

«The expedited activity will inform future decisions and trade - space for the Army's overarching APS strategy which uses the MAPS program to develop a modular capability that can be integrated on any platform,» the Army official said.

«China stands firm and wins first battle of Sino - US trade war,» China's official People's Daily newspaper said in the headline of a Chinese - language article Thursday.

Any U.S. trade partner has the option of asking to be excluded from the tariffs, the official said, and allies could be excluded if they can demonstrate how the tariffs would damage their national security.

Trump agreed to exclude Canada and Mexico from the duties because of their status as key regional allies and partners with the U.S. in renegotiating a new North American Free Trade Agreement, said the official, who spoke on condition of anonymity.

«Discussions will focus on anti-money laundering steps and consumer protection, rather than how cryptocurrency trading could affect the banking system,» one of the officials said.

Robert Lighthizer, the top US trade official; at a briefing with reporters following the October round, Lighthizer said, «If we end up not having an agreement, my guess is all three countries will do just fine.»

A U.S. official said wording had been agreed upon for anti-corruption, telecommunications, goods market access, sanitary and food safety measures and technical barriers to trade with spaces left for disputed sections.

When asked whether Japan would be open to negotiating a bilateral trade pact with the United States, Ishihara said it was still uncertain whether U.S. trade officials would start such negotiations.

WASHINGTON (Reuters)- President Donald Trump will announce tariffs on Chinese imports on Thursday, a White House official said, in a move aimed at curbing theft of U.S. technology and likely to trigger retaliation from Beijing and stoke fears of a global trade war.

China's Sinopec, Asia's largest refiner, plans to cut Saudi crude oil imports loading in May by 40 percent after national oil company Saudi Aramco set higher - than - expected prices, an official from the company's trading arm Unipec said.

Global worries over an emerging «trade war» pose an uncertainty for the Federal Reserve, officials said Wednesday.

Officials said Obama would seek common ground with Congress in such areas as trade and infrastructure.

Trudeau initially said the entire $ 1 billion was money coming into Canada but his officials later corrected that it was a two - way trade number, with one - quarter coming from India into Canada, and the rest going the other way.

Washington's move to probe steel imports could trigger a trade dispute between the United States and its major trading partners, who are likely to take retaliatory steps, the official China Daily said in an editorial on Monday.

Airlines for America, a U.S. trade group, said the changes «are complex security measures» but praised U.S. officials for giving airlines flexibility in meeting the new rules.

A China - based business source with knowledge of discussion among senior European officials said there had been a «clear effort» by the U.S. government over the past six months to introduce a coordinated approach to Chinese industrial policy, but that Trump's proposed metals tariffs under section 232 of the Trade Expansion Act of 1962 had undermined support from Europe.

Instead, he says he is negotiating better trade terms with China, and pushing Chinese officials to protect foreign companies» intellectual property rights.

Determining further exceptions will depend on whether countries can convince Trump that there's a «satisfactory alternative means» for resolving trade inequities, said an administration official familiar with the tariff proclamations who spoke on condition of anonymity.

«Please be aware that TMX equity markets are experiencing issues with trading, all users are equally impacted and are unable to connect to our Exchanges,» the company said on its official Twitter account.

The White House said a high - level delegation of administration officials is heading to China on Thursday to discuss trade issues between the two countries.

But the text of the Comprehensive Economic and Trade Agreement or CETA remains a confidential document that still requires «drafting and fine tuning,» a Canadian official said in Brussels on condition he not be identified.

«If it turns out America is a net loser because of those free - trade agreement waivers, which apply to almost 60 countries, these waivers may be promptly renegotiated or revoked,» the second official said.

U.S. President Donald Trump on Thursday praised his relationship with Chinese President Xi Jinping as officials from the world's two largest economies began trade talks in Beijing, while state media said China would stand up to U.S. bullying.

Glencore has formed a joint venture with China's Zhejiang Petroleum to trade energy products, officials at Glencore and Zhejiang said on Thursday.

Wang Hejun, a top trade official in China's commerce ministry, expressed «strong dissatisfaction» with the US's move in a statement on Tuesday, and said that Beijing intends to «resolutely defend its legitimate interests.»

Chinese officials have said that they will proceed with talks about its accession to the World Trade Organization (WTO) with Canada and the European Union.

Senior officials at South Korea's financial watchdog have compared speculative trading in bitcoin to a «Ponzi scheme» and say they are mulling a ban.

«Syngenta remains engaged with U.S. government officials to monitor impacts in renegotiations and trade - dispute actions,» Peterson says.

Peter Navarro, a trade adviser and the author of the book «Death by China,» may also travel with the group, but an administration official said the details were not yet finalized.

Negotiations with Chinese officials tend to be well choreographed, he said, so it is likely that the dimensions of a trade agreement are starting to take shape.

But Trump administration officials say fears of a trade war are overblown.

US and Chinese officials will hold highly anticipated trade talks in China on Thursday and Friday, US Treasury Secretary Steven Mnuchin told Fox Business Network, saying he was «cautiously optimistic» about the meeting.

Even with the improved outlook, a «strong majority» of Fed officials voiced concern that a trade war would harm the economy, and some policymakers said the recent turbulence in financial markets highlighted risks to growth, the minutes showed.

China seen taking hard line with Trump: China says it will refuse to discuss President Donald Trump's two toughest trade demands when US officials arrive in Beijing this week.

U.S. officials have played down the threat of a broader trade dispute, saying a negotiated outcome is still possible.

BEIJING The Chinese industry body which recommended targeting scrap aluminium in retaliatory trade action against the United States is already exploring what other measures could be taken, an official said on Monday.