US censure of China's trade practices has reached a new high point under the Trump administration, with Beijing now being annoyed more than ever after Washington ordered an investigation into alleged intellectual property rights violations.
Representatives of the 164 WTO member countries are in Buenos Aires for their biennial meeting. The odds of a breakthrough look grim against the backdrop of Donald Trump's 'America First' policy and discord over China.
The EU and Mexico have had a free trade agreement for 17 years, but have been negotiating a new one for the past 18 months. Following the most recent round of talks, hopes are high that a deal can be concluded next week.
The US has ruled that tool chests imported from China have been subsidized and is slapping anti-subsidy duties on them. Trump’s tough stance on the Chinese appears to be kicking in, despite warmer words for Beijing.
Special counsel Robert Mueller has reportedly asked Deutsche Bank to share data on the US president's business dealings. Trump's lawyer has denied that the bank's financial records were subpoenaed.
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