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US trade deficit a focus of Trump-Xi meeting
The US trade deficit with China is expected to be a key topic during Chinese President Xi Jinping’s visit to US President Donald Trump’s Mar-a-Lago retreat. “The meeting next week with China will be a […]
Ex-Goldman chief has key role shaping Trump’s policies
Gary Cohn, who resigned as president of Goldman Sachs to work for the Trump administration, is emerging as a powerful voice on economic policy in the White House. At a time when most of the […]
Future of Basel reform uncertain under Trump
Bank for International Settlements General Manager Jaime Caruana expects the Trump administration’s approach to affect coordination of Basel IV capital rules for banks. “This will probably take some time, but we need to wait for […]
Draghi: Trump’s bank deregulation “the last thing we need”
European Central Bank President Mario Draghi said that regulations enacted after the global financial crisis have brought stability and that “the last thing we need” is President Donald Trump’s moves to weaken bank regulation in […]
Trump names Icahn regulatory rollback adviser
President-elect Donald Trump said he will appoint billionaire Carl Icahn to advise him on how to do away with certain federal regulations. Icahn, whose net worth is estimated to be about $20 billion, was previously […]
Trump transition team updates on tech summit
Noting discussion took place on the following topics – job creation for U.S. workers, removal of barriers preventing U.S. companies from doing business in other countries, U.S.-China trade dynamic and market access, tax cuts and […]
Trump could set up UK-US trade deal quickly
Upon taking office as president, Donald Trump could swiftly negotiate a free-trade agreement between the US and the UK, said Larry Kudlow, a Trump campaign adviser. Kudlow said he wasn’t speaking officially on behalf of […]
Trump promises 35% tariffs to punish outsourcers
President-elect Donald Trump promised to apply a 35% tariff on goods made by US companies overseas that are shipped back to the US for sale as part of his promise to bring back manufacturing jobs […]
Trump makes TPP pullout top priority
US President-elect Donald Trump has prioritized withdrawal from the Trans-Pacific Partnership during his first 100 days in office. Other objectives include protecting infrastructure against attack, reducing environmental restrictions and investigating abuse of visa programs for […]