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G20 finance chiefs except China back action on distorted trade

G20 finance chiefs except China back action on distorted trade

By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration won backing from all G20 financial leaders except China's on Tuesday to act against "non-market" policies and distortions that cause over-reliance on exports and hinder growth elsewhere.
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Bank of Canada keeps its policy rate at 2.25%, says tariffs could hit growth

Bank of Canada keeps its policy rate at 2.25%, says tariffs could hit growth

By Promit Mukherjee and David Ljunggren OTTAWA, Sept 2 (Reuters) - The Bank of Canada kept its key policy rate on hold at 2.25% on Wednesday, as widely expected, but said the risks to inflation had grown while new U.S. tariffs made growth prospects more uncertain.
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Yen jumps, oil pumps

Yen jumps, oil pumps

By Jamie McGeever ORLANDO, Florida, Sept 2 (Reuters) - The Japanese yen leaped against the dollar on Wednesday, its biggest rise since joint U.S.-Japanese intervention a month ago, while U.S.
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Bank of Canada keeps its policy rate at 2.25%, says tariffs could add to inflation

Bank of Canada keeps its policy rate at 2.25%, says tariffs could add to inflation

By Promit Mukherjee and David Ljunggren OTTAWA, Sept 2 (Reuters) - The Bank of Canada kept its key policy rate on hold at 2.25% on Wednesday, as widely expected, but said the risks to inflation had grown while new U.S. tariffs made growth prospects more uncertain.
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Bank of Canada set to hold rates as strong growth collides with trade risks

Bank of Canada set to hold rates as strong growth collides with trade risks

By Promit Mukherjee OTTAWA, Sept 2 (Reuters) - The Bank of Canada is widely expected to keep its key policy rate unchanged at 2.25% on Wednesday as recent strong economic growth gives it room to wait while a renewed trade war with the United States clouds the outlook.
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House Speaker Mike Johnson Addresses Trump's Trade Confrontation with Canada, Suggests New Deal

House Speaker Mike Johnson Addresses Trump's Trade Confrontation with Canada, Suggests New Deal

House Speaker Mike Johnson has commented on President Trump’s escalating trade dispute with Canada. Johnson indicated that a new trade agreement with Ottawa remains a possibility, despite ongoing tariff-related tensions that are straining relations between the two long-standing allies. The statement comes amidst a period where trade policies and tariffs have been a significant point of contention in U.S.-Canada relations. The discussion around a 'new Canada deal' suggests an ongoing effort to resolve these trade disagreements, which have seen various tariffs imposed and retaliatory measures taken by both nations. The focus is on finding a resolution that could potentially alleviate the economic pressures caused by the current trade environment.
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Canada's Carney says US needs to start being serious before trade talks can resume

Canada's Carney says US needs to start being serious before trade talks can resume

OTTAWA, Sept 1 (Reuters) - The U.S. needs to start being serious and stop trying to be tough before talks on a possible trade deal with Canada can restart, Prime Minister Mark Carney told reporters on Tuesday.
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US urges G20 to cut trade imbalances, focus on China

US urges G20 to cut trade imbalances, focus on China

By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration urged other G20 countries on Tuesday to do more to protect their domestic industries and job markets from Chinese imports, arguing such distortions were "sucking" much-needed growth out of
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US pushes G20 to cut trade imbalances, focus on China

US pushes G20 to cut trade imbalances, focus on China

By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration was pushing on Tuesday for G20 countries to agree ways to reduce global trade and fiscal imbalances as another bond market sell-off revives worries about growing debt levels and renewed
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AP Exclusive: Lawyer for China's Zion Church seeks resettlement help while transiting through Taiwan

AP Exclusive: Lawyer for China's Zion Church seeks resettlement help while transiting through Taiwan

A Chinese lawyer who defended an underground church in Beijing has fled to Taiwan and is seeking help for resettlement
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With US bill's fate in balance, Ukraine to lobby US on Russia sanctions

With US bill's fate in balance, Ukraine to lobby US on Russia sanctions

By Patricia Zengerle WASHINGTON, Aug 31 (Reuters) - Ukraine's top sanctions official will visit Washington this week to urge members of the U.S.
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US irks G20 ministers by inviting Russia, barring some journalists

US irks G20 ministers by inviting Russia, barring some journalists

By David Lawder ASHEVILLE, North Carolina, Aug 31 (Reuters) - The United States' move to welcome Russia back to a meeting of G20 countries on Monday while denying some journalists access to the gathering dismayed some finance leaders present, deflecting from its bid to focus talks on global economic