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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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