Trends - US Trade Representative

US Trade Representative

Trump pick Lutnick’s firm in talks with Tether for $2 billion bitcoin lending project, Bloomberg reports

US President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial...

Published 24 Nov, 2024 02:51pm

World

US, Taiwan to launch formal trade talks in autumn

WASHINGTON: The United States and Taiwan announced on Wednesday objectives for trade negotiations set for the early...

Published 18 Aug, 2022 11:39am

World

US to stress economic independence to counter ‘unfair’ China trade practices

WASHINGTON: The United States should focus on achieving economic independence from China rather than pressuring...

Published 30 Mar, 2022 09:25pm

Markets

US reinstates 352 product exclusions from China tariffs

WASHINGTON: The US Trade Representative's office said on Wednesday it has reinstated 352 expired product exclusions...

Published 24 Mar, 2022 06:07pm

Technology

Chinese tech giant Tencent opposes US fake goods label

BEIJING: Chinese tech giant Tencent said Friday it strongly disagreed with a US decision to add its WeChat app to a...

Published 21 Feb, 2022 07:25am

Markets

China has expanded statist economic policies over 20 years in WTO: US

WASHINGTON: China has not adopted the rules of the World Trade Organization even after 20 years' membership, the...

Published 16 Feb, 2022 03:47pm

World

US companies push Biden, Congress for caution on Russia sanctions

WASHINGTON: US President Joe Biden has threatened to impose devastating sanctions on Russia if leader Vladimir Putin...

Published 26 Jan, 2022 02:11pm

Markets

Visa complains to US govt about India backing for local rival RuPay

NEW DELHI: Visa Inc has complained to the US government that India's "informal and formal" promotion of domestic...

Published 28 Nov, 2021 11:48am

Business & Finance

Biden's new China trade plan echoes Trump's, but assumes Beijing won't change

WASHINGTON: US Trade Representative Katherine Tai on Monday will seek new talks with China over its failure to keep...

Published 04 Oct, 2021 02:43pm

Business & Finance

Mexico disputes US application of USMCA rules on autos

WASHINGTON: Mexico is at odds with the United States over how it is applying content rules for the regional auto...

Updated 25 Jul, 2021 06:06am

Business & Finance

WTO chief seeks to wrap up fish talks as developing countries cry foul

WTO seeking to wrap up 20 years of talks.
India minister says parts of deal are "unjust".
DG says talks are "litmus test" for WTO.

Updated 15 Jul, 2021 10:03pm

Business & Finance

US asks Mexico to investigate second case of union busting

If so, a joint statement from the ministries of Economy and Labor said they will seek to reach "a path of reparations" with its US counterparts.

Published 10 Jun, 2021 09:49am

World

US eyes possible trade deal with Taiwan: Blinken

Though Washington severed diplomatic relations with Taipei in 1979 to recognize Beijing as China's sole official representative, the United States remains Taiwan's most powerful ally and its top arms supplier.

Published 08 Jun, 2021 10:45am

Business & Finance

US voices 'concern' at proposed Canadian tax on tech giants

The US representative and the Canadian minister also discussed the protracted litigation over Canadian lumber. Washington believes that this wood is sold below the market price to promote exports.

Published 18 May, 2021 09:57am

World

US trade chief expects to engage China in 'near term' on Phase 1 deal

Tai told a Financial Times online event that she respects the need for continuity in US-China trade policy, including the two-year "Phase 1" deal implemented last year by the Trump administration.
"It's the agreement that we have, it's the agreement that we will work from, that we will build from," Tai said.

Published 05 May, 2021 06:20pm

World

White House considering intellectual property waiver for COVID-19 vaccines

Tai discussed the issue on Monday with drugmakers Pfizer and AstraZeneca PLC, noting her interest in a solution that gave developing countries a role in addressing critical gaps in vaccine production and distribution.

Published 28 Apr, 2021 01:52pm

Business & Finance

US trade chief voices concern to Vietnam over currency practices

In January, the USTR released the results of an investigation into Vietnam's currency practices.

Published 02 Apr, 2021 11:23am

World

US suspends all trade engagement with Myanmar until elected government returns

Tai said in a statement that Myanmar security forces' killing of peaceful protesters, students, workers and labor leaders and children "has shocked the conscience of the international community."
"These actions are a direct assault on the country's transition to democracy and the efforts of the Burmese people to achieve a peaceful and prosperous future," said Tai, who was sworn into office on March 18.

Published 29 Mar, 2021 08:39pm

World

Macron floats brokered Airbus-Boeing accord to Biden: report

The European Commission said in response to the move that it "regrets that the United States has chosen to add further EU products to its retaliation list in the WTO Airbus case on aircraft subsidies."

Published 11 Feb, 2021 11:15am

Markets

US says Vietnam's currency actions 'unreasonable' but holds off on tariffs

Releasing the results of its so-called Section 301 investigation into Vietnam's currency practices.
Unfair acts, policies and practices that contribute to currency undervaluation harm US workers and businesses, and need to be addressed.

Published 16 Jan, 2021 06:56pm

World

EU bets on Biden to resolve aircraft subsidy row

New US tariffs set for Jan. 12.
US expands list over EU retaliation it sees as excessive.
Airbus says it trusts Europe will respond "appropriately".
French wine exporters call new tariffs a sledgehammer.

Published 31 Dec, 2020 06:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Jan 22 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.95 ▲ 0.85 (10.49%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Calcorp Ltd / Jan 22 Calcorp Limited(CASH)	36.30 ▲ 3.30 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Popular Islamic / Jan 22 Popular Islamic Modaraba(PIM)	12.59 ▲ 1.06 (9.19%)
Shadman Cotton / Jan 22 Shadman Cotton Mills Limited(SHCM)	34.70 ▲ 2.90 (9.12%)
Paramount Mod / Jan 22 First Paramount Modaraba(FPRM)	8.70 ▲ 0.70 (8.75%)
Sanghar Sugar / Jan 22 Sanghar Sugar Mills Limited(SANSM)	24.90 ▲ 1.85 (8.03%)
Elahi Cot. / Jan 22 Elahi Cotton Mills Limited(ELCM)	110.60 ▲ 7.60 (7.38%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.11 ▼ -0.89 (-14.83%)
Equity Modaraba / Jan 22 First Equity Modaraba(FEM)	3.15 ▼ -0.39 (-11.02%)
Dewan Textile / Jan 22 Dewan Textile Mills Limited(DWTM)	7.28 ▼ -0.78 (-9.68%)
Sindh Abadgar / Jan 22 Sindh Abadgar's Sugar Mills Limited(SASML)	37.11 ▼ -3.89 (-9.49%)
Supernet Tech. / Jan 22 Supernet Technologies Limited(STL)	840.50 ▼ -86.41 (-9.32%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340.03 ▼ -29.87 (-8.08%)
Suhail Jute / Jan 22 Suhail Jute Mills Limited(SUHJ)	105 ▼ -8.47 (-7.46%)
Mandviwala / Jan 22 Mandviwala Mauser Plastic Industries(MWMP)	21.25 ▼ -1.70 (-7.41%)
Sitara Chemical / Jan 22 Sitara Chemical Industries Limited(SITC)	307.01 ▼ -22.99 (-6.97%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▼ -0.06
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.03
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.03
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 0.71
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.09
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.05
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.40
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▼ -0.05
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.09

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