The agreement was designed to keep ground-based nuclear missiles out of Europe, but critics say tearing it up could spark an arms race there. A piece of reckless brinkmanship that could spark an arms race between NATO and Russia in Europe, or a hardball negotiating strategy that might push Moscow into keeping its longstanding promises […]

NEW YORK/MEXICO CITY – The new North American trade agreement ends key legal protections for many U.S. businesses operating in Mexico, leaving their operations exposed to a risk they had avoided under the old trade deal: Mexico’s court system. For thousands of U.S. firms, the change could add complications and uncertainty to doing business south […]

HONG KONG – Tencent Music, which owns China’s most popular music streaming apps, is often compared to Sweden’s Spotify Technology (SPOT.N) but it offers more in the way of socially interactive services that is helping it hit bigger notes in money making. The company, majority owned by Chinese tech powerhouse Tencent Holdings (0700.HK) and slated […]

BEIJING/WASHINGTON (Reuters) – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion of […]

WASHINGTON  – The United States is warning more economic pressures may be in store for Turkey if it refuses to release a jailed American pastor, a White House official said on Tuesday, in a dispute that has further strained relations between the NATO allies. The tough message emerged a day after White House national security […]

ISTANBUL (Reuters) – President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that helped drive the lira to record lows. The lira has lost more than 40 percent this year and crashed to an all-time low of 7.24 to the dollar on […]

WASHINGTON  – The Trump administration expects economic sanctions that it is re-imposing on Iran this week to further cripple the Iranian economy and will aggressively enforce the measures, senior U.S. administration officials said on Monday. The so-called snapback sanctions, due to come into force early on Tuesday, would target Iranian purchases of U.S. dollars, metals […]

BERLIN  – German industry groups warned on Sunday, before European Commission President Jean-Claude Juncker meets U.S. President Donald Trump this week, that tariffs the United States has imposed or is threatening to introduce risk harming America itself. Citing national security grounds, Washington imposed tariffs on steel and aluminum imports from the EU, Canada and Mexico […]

The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. The Commerce Department removed the ban shortly after ZTE deposited $400 million in a U.S. bank escrow, as part of a settlement reached last month. The settlement also […]