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Foreign currency demand revives black market
LEADIN:
The end of US sanctions promised a healthier, more stable economy for Sudan.
But demand for foreign currency has pushed up black market exchange rates and led to a spike in consumer goods prices.
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Trump in Vietnam calls for 'fair and reciprocal' trade
US President Donald Trump on Sunday emphasised the importance of "fair and reciprocal" trade deals between nations.
He was speaking in Hanoi in a joint conference with the Vietnamese president.
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Canada, Mexico Hopeful in Moving NAFTA Forward
Representatives of Canada and Mexico struck a hopeful tone on Tuesday as they entered a meeting ahead of North American Free Trade Agreement (NAFTA) renegotiation talks starting this week.
Speaking to media alongside...
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UK auto industry vulnerable to Brexit borders
Ford's Dagenham diesel engine plant is a marvel of mechanisation - a steel and chrome hangar full of LED lighting, robots and computer-controlled machine tools.
The US carmaker has invested 2.5 (b) billion US dollars in...
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Hong Kong wants stronger trade links with UK after Brexit
Hong Kong wants to boost trading links to British companies as the UK prepares to leave the European Union, chief executive Carrie Lam said on Thursday.
Addressing a business conference in London, Lam urged British firms...
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Dems Aim to Regain Advantage on Trade from Trump
Senate Democrats are unveiling a new set of trade policies aimed at appealing to working-class voters and regaining advantage on an issue Donald Trump seized to great effect during last year's presidential campaign.
Some of...
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May addresses US investors at a roundtable meeting
British Prime Minister Theresa May met US investors for a roundtable meeting in New York on Tuesday, after arriving in the city for the United Nations General Assembly.
May sought to reassure investors about the process of...
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Lagarde: Brexit needs 'specific approach'
IMF Managing Director Christine Lagarde says there is a lot of uncertainty when it comes to Brexit and WTO rules do nothing to assure citizens living abroad, whether in the UK or the EU.
Brexit ''requires a very specific...
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US-China Business Council concerned at fallout from tariff dispute
Amid worsening trade tariffs between the world's two largest economies, the U.S.-China Business Council voiced concern on Tuesday over increased regulatory scrutiny by Chinese authorities on American firms.
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Trump: more tariffs on $200B in Chinese goods
The Trump administration will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on goods ranging from handbags to...
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UK PM on Brexit, poisoned spy and US trade tariffs
The British Prime Minister said that the European Union Council agrees that it is "highly likely" that Russia was involved in the poisoning case of a Russian former intelligence officer in England on March 4.
Speaking at...
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WH Declines to Show Support for VA's Shulkin
The White House is declining to offer an endorsement of embattled Veterans Affairs Secretary David Shulkin, who is under fire for ethics violations.
White House press secretary Sarah Huckabee Sanders says President Donald...
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Possible US car tariffs cause of concern with auto makers
SWITZERLAND GMS TRADE
SOURCE: ASSOCIATED PRESS
RESTRICTIONS: AP CLIENTS ONLY
LENGTH: 4:37
SHOTLIST:
ASSOCIATED PRESS
Geneva - 7 March 2018
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Freeland: NAFTA focus is 'good deal for Canada'
Canadian Foreign Affairs Minister Chrystia Freeland says the main focus during talks in Washington on North American Free Trade Agreement is for a 'good deal for Canada.'
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Johnson draws cheers with attack on PM May's Chequers Brexit plan
Former British Foreign Secretary Boris Johnson said Prime Minister Theresa May's plan for exiting the European Union was a "constitutional outrage" warning that it would mean the economy would be forever subject to EU rules.
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White House spotlights key issues ahead of Abe meeting
Top White House economic and foreign policy aides briefed reporters Tuesday ahead of U.S. President Donald Trump's bilateral meeting with Japanese Prime Minister Shinzo Abe in Mar A Largo, Florida.
The president is playing...
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Rutte on US decision to impose tariffs
Dutch Prime Minister Mark Rutte said he didn't understand the United States' decision to impose tariffs on steel and aluminium imports.
"We should take this very seriously", Rutte said at an event in Berlin.
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WHouse advisor: New momentum in trade talks with China
The Trump administration on Monday hailed progress on talks with China over unfair trade practices.
After high-level talks Thursday and Friday in Washington, Beijing agreed in a joint statement with the U.S. to...
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Kudlow: Harley Davidson Ignoring US Incentives
White House economic adviser Larry Kudlow says the Harley Davidson motorcycle manufacturer is "ignoring a lot of the new incentives," that Trump administration policies have created in its plans to ship some manufacturing overseas.
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Trump wants the option to detain family unit together at border
President Donald Trump says Congress must give him the legal authority to detain and remove families that illegally enter the U.S. as a unit. His administration has argued that it has no choice but to separate families if the adults are...
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California farmer concerned about impact of retaliatory tariffs
American farmers are worried about the impact of retaliatory tariffs imposed by Europe, Mexico and Canada in response to the Trump administration's latest trade actions.
President Trump on Thursday ignited global...
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Mexican economy minister says US tariff decision the 'worst-case scenario'
Mexico's Economy Minister said on Thursday that the Trump administration's decision to impose metal tariffs on Europe, Mexico and Canada is the "worst-case scenario".
Ildefonso Guajardo was speaking to reporters in Paris at...
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Trump Talks China Trade, Russia Relationship
U.S. President Donald Trump is telling the leaders of the three Baltic countries that no one has been tougher on Russia and says he's been pressing NATO members to increase their defense spending.
Trump is telling the...
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Sen. Rounds Concerned Over China Tariffs
Republican Senator Mike Rounds of South Dakota says he is concerned that trading tariffs against China will not be effective if they are imposed without coordination with U.S. allies and trading partners.
Rounds spoke to...