EghtesadOnline: Finance chiefs of the world’s largest economies set aside a pledge to avoid protectionism and signed up to a fudged statement on trade instead, in response to the Trump administration’s call to rethink the global order for commerce.
EghtesadOnline: U.S. President Donald Trump’s protectionist stance may propel Asian, Middle Eastern and Latin American economic powers into market-opening alliances with the European Union, a top EU official said.
EghtesadOnline: Japan's economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery.
EghtesadOnline: Amazon.com Inc warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump's "America First" agenda.
EghtesadOnline: A trade war between China and the United States would harm both countries, the overseas edition of the state run People's Daily said on Wednesday, reflecting concerns over the protectionist, and anti-China stance taken by new U.S. President Donald Trump.
EghtesadOnline: The dollar was under pressure in Asia on Tuesday as U.S. President Donald Trump's focus on trade protectionism fueled suspicions his administration might seek a competitive advantage through a weaker currency.
EghtesadOnline: The dollar slipped broadly on Monday after U.S. President Donald Trump struck a protectionist tone in his inauguration speech, offsetting optimism that he will follow through on promises of tax cuts and other stimulus.
EghtesadOnline: The dollar slumped after Donald Trump in his first days in office offered little news on his plans to boost growth while stirring concerns over protectionism. Metals and Asian shares outside of Japan rose.
EghtesadOnline: Donald Trump invoked the image of a U.S. plagued by weak borders, lopsided alliances and bad trade deals in an inauguration speech that hammered on his “America First” view of foreign policy and undermined hopes abroad that the new president would moderate his protectionist tone.
EghtesadOnline: Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.