China: US Trade Talks Currently ‘Impossible’

China’s Foreign Ministry said Monday that trade talks with the United States are impossible under current conditions. The comment from spokesman Geng Shuang during a briefing with reporters came a day after U.S. President Donald Trump predicted there would be a resolution of the U.S.-China standoff on tariffs on hundreds …

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UN, Singapore Concerned about Rising Trade Tensions

The U.N. secretary-general and the Singaporean foreign minister voiced concerns about global trade tensions and rising protectionism during back-to-back meetings in Beijing on Sunday. Following remarks from his Chinese counterpart, Singaporean Foreign Minister Vivian Balakrishnan vowed to “double-down” on free trade and economic liberalization in tandem with China.   “This …

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Teacher Strikes Spread Across the US

Following the success of West Virginia teachers in securing a pay raise, educators in Oklahoma and Kentucky are walking out of their classrooms, demanding that lawmakers increase education spending in their states. Arizona teachers may soon follow suit. From Washington, VOA’s Jill Craig has more. …

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Feds Seizing Backpage.com, Its Affiliates 

Federal law enforcement authorities are in the process of seizing Backpage.com and its affiliated websites. A notice that appeared Friday afternoon at Backpage.com says the websites are being seized as part of an enforcement action by the FBI, U.S. Postal Inspection Service and the Internal Revenue Service. The notice doesn’t …

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Trump Administration Mulls Stiffer Rules for Auto Imports

The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, The Wall Street Journal reported Friday. Responding to the story, White House spokeswoman Sarah Huckabee Sanders said President Donald Trump “will promote free, fair and reciprocal trade practices to …

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Trade War Fears Send US Stocks Down Again

U.S. stocks plunged again Friday over increasing concerns about a trade war between the United States and China. The Dow Jones industrial average lost 572 points by the close, shedding 2.3 percent. The Standard & Poor’s 500 dropped nearly 2.2 percent, while the NASDAQ fell nearly 2.3 percent at the end …

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Oklahoma Teacher Walkout Stretches Into 5th Day

A teachers strike in Oklahoma stretched into a fifth day on Friday, and a state union leader said he doesn’t think pending proposals to increase revenue are enough to stop the walkout from extending into next week. The Senate considered separate proposals Friday to expand tribal gambling and tax certain …

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March US Job Creation Dips, Jobless Rate Unchanged

The U.S. Labor Department reported Friday the unemployment rate in March remained at a 17-year-low of 4.1-percent for the sixth straight month. U.S. employers added 103,000 jobs in March, less than the 175,000 analysts expected, following several months of larger increases. The modest job creation was partly caused by the …

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March Jobs Report: Another Big Month for Hiring?

Did March provide another month of blowout hiring? Was pay growth healthy? When the government issues its monthly jobs report Friday, those two questions will be the most closely watched barometers. Economists have forecast that employers added a solid 185,000 jobs in March and that the unemployment rate dipped from …

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Trump, White House Defend Action on China Trade

The Trump administration says China is responsible for a trade war with the United States because of its long-term unfair practices. A senior White House economic adviser said Thursday no measures have been enacted, but the situation cannot continue. U.S. President Donald Trump said the United States and China will …

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Venezuela Cuts Commercial Ties With Panama Officials, Firms

Venezuela said on Thursday it was halting commercial relations with Panamanian officials and companies, including regional airline Copa, for alleged involvement in money laundering, prompting Panama to recall its ambassador. The resolution names Panamanian President Juan Carlos Varela and nearly two dozen Cabinet ministers and top-ranking officials, adding that Panama’s …

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Jury Awards $37 Million in Talc Cancer Risk Case

Johnson & Johnson and Imerys SA must pay at least $37 million in a lawsuit claiming a man developed cancer because of his exposure to asbestos in talc-based products including Johnson’s Baby Powder, a New Jersey state court jury said Thursday. The verdict by jurors in New Brunswick, New Jersey, came in the second …

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Chinese Viewpoints on US-China Trade Dispute

The trade dispute rumbling between China and the U.S. has raised the possibility consumers in Beijing may end up paying higher prices for American beef, liquor and tobacco if Beijing goes ahead with hikes on tariffs for such products. Below are thoughts shared with The Associated Press by a few …

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