Category: trade

Business Councils Call on Ottawa to Secure Trade Agreement With India

Two business councils are urging the Canadian government to reach a trade agreement with India, as Western countries seek stronger political and economic ties with allies in the Asia-Pacific region. The Business Council of Canada and the Canada India Business Council commissioned a report in which they recommend that the federal government forge stronger economic ties with India and develop…


German Exports Surge to Record Level in June, Outlook Still Gloomy

BERLIN—The value of German exports jumped by 4.5 percent in June to hit a record level, though economists cautioned that much of the increase was likely due to soaring prices. Exports rose for a third month in a row, beating forecasts for a 1 percent increase and pushing Germany’s seasonally adjusted trade surplus to 6.4…


US Raises Trade Concerns With Canada Over Online-Streaming Bill

Washington has raised concerns about the trade implications of Ottawa’s online-streaming bill, prompting a legal expert to warn that Canada could face hundreds of millions of dollars of retaliatory tariffs if it becomes law. U.S. Trade Representative Katherine Tai expressed disquiet about the proposed legislation, known as Bill C-11, during talks earlier this month with…


Jack and the Beanstalk (1952)

This is Abbott & Costello’s version of the famous fairy tale about a young boy who trades the family cow for magic beans. Credit: Public Domain Movies – Feature Films: Cinema collection: epochcinema.com Epoch Original content: epochoriginal.com Feature Films: www.theepochtimes.com/featured-films * Click the “Save” button below the video to access it later on “My List.”…


Russia Is China’s Top Oil Supplier for 2nd Month, Saudi Volumes Tumble: Data

SINGAPORE—Russia held its spot as China’s top oil supplier for a second month in June as Chinese buyers cashed in on lower-priced supplies, slashing more costly shipments from Saudi Arabia, data showed on Wednesday. Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia’s European and…


Inflation: How China Is Making It Worse; Stopping the CCP’s Propaganda on Twitter and Facebook

Biden weighs removing tariffs on China. Is that a good plan to fight inflation? We discuss how China actually contributes to prices rising everywhere. What is the better approach? I also speak with Aron Solomon about his thoughts on dealing with Chinese officials on social media, while American politicians are banned on Chinese social media;…


US Trade Deficit Narrows in May; Exports Hit Record High

WASHINGTON—The U.S. trade deficit narrowed in May as slowing domestic demand amid rising interest rates curbed imports, which could see trade contributing to economic growth in the second quarter after being a drag for nearly two years. The Commerce Department said on Thursday that the trade deficit declined 1.3 percent to $85.5 billion. Imports of…


Trump Says Biden Administration’s Talk of Lifting China Tariffs Is a ‘Terrible Mistake’

Former President Donald Trump said it would be a “terrible mistake” if the Biden administration decided to combat inflation by lifting tariffs on Chinese goods. Moreover, Trump said such a decision would make the United States look “weak.” “Believe it or not, it is looking more and more like the United States is getting ready…


Trump Says Biden Administration’s Talk of Lifting China Tariffs Is ‘Terrible Mistake’

Former President Donald Trump said it would be a “terrible mistake” if the Biden administration decided to combat inflation by lifting tariffs on Chinese goods. Moreover, Trump said such a decision would make the United States look “weak.” “Believe it or not, it is looking more and more like the United States is getting ready…


US Goods Trade Deficit Narrows; Inventories Increase Solidly

WASHINGTON—The U.S. trade deficit in goods narrowed in May as exports increased strongly, suggesting that trade could contribute to economic growth in the second quarter for the first time in nearly two years. The report from the Commerce Department on Tuesday also showed solid increases in wholesale and retail inventories. While those gains, combined with…