Latest Robert Lighthizer News

Possible outcome of Trump-Xi meeting: A truce in trade war

Jun. 25, 2019 3:58 PM EDT

WASHINGTON (AP) — American businesses are bracing for a painful escalation in President Donald Trump's trade war with China. Yet they might just get a reprieve. If history repeats itself — and most analysts are betting it will — Trump and President Xi Jinping will agree to some kind of ...

Global stocks sink ahead of Trump-Xi meeting at G-20 summit

Jun. 25, 2019 7:50 AM EDT

BEIJING (AP) — Global stock markets fell Tuesday as traders looked ahead to a meeting between the American and Chinese presidents amid hopes for renewed trade talks. Benchmarks in London, Frankfurt, Tokyo and Shanghai declined and Wall Street drifted toward a lower open. Traders looked ahead to a meeting...

China hoping Trump-Xi meeting will help bridge differences

Jun. 25, 2019 6:02 AM EDT

BEIJING (AP) — China hopes a meeting later this week between President Donald Trump and his Chinese counterpart Xi Jinping will help build trust and resolve "outstanding issues," a foreign ministry spokesman said Tuesday. Geng Shuang gave no details at a daily briefing, but there are hopes the planned...

Asian stocks lower ahead of Trump-Xi meeting at G-20 summit

Jun. 25, 2019 12:12 AM EDT

BEIJING (AP) — Major Asian stock markets declined Tuesday as traders looked ahead to a meeting between the American and Chinese presidents amid hopes for renewed trade talks. Benchmarks in Tokyo, Shanghai and Hong Kong declined. Seoul and Sydney were little-changed. Investors were encouraged by the...

China says US-China trade teams in contact ahead of G-20

Jun. 24, 2019 5:33 PM EDT

BEIJING (AP) — Chinese and U.S. trade negotiators are discussing ways to resolve disputes ahead of a meeting between Presidents Donald Trump and Xi Jinping at the G-20 summit in Japan later this week, a Chinese official said Monday. The sides were seeking to "consolidate the important consensus reached...

Foxconn chairman stepping down amid talks of political bid

Jun. 21, 2019 1:38 PM EDT

TAIPEI, Taiwan (AP) — The chairman of Foxconn, the world's largest contract assembler of consumer electronics for companies such as Apple, is stepping down amid speculation he could be planning a presidential run in Taiwan next year. Terry Gou, 68, made the announcement Friday at the company's annual...

Trump, Canada's Trudeau try to build momentum for trade pact

Jun. 20, 2019 8:03 PM EDT

WASHINGTON (AP) — President Donald Trump and Canadian Prime Minister Justin Trudeau sought to demonstrate a united front Thursday in the uphill effort to get a replacement for the North American Free Trade Agreement over the finish line. At Trump's insistence, the U.S., Canada and Mexico agreed to an...

World shares rise on hopes for US-China truce, Fed outlook

Jun. 20, 2019 8:00 AM EDT

BANGKOK (AP) — Global markets advanced Thursday on hopes for a trade truce between the United States and China and the Federal Reserve's hint at lower rates. The price of oil surged amid heightened tensions between Iran and the U.S. Confirmation of a meeting between President Donald Trump and his...

Mexico's Senate approves trade deal with US, Canada

Jun. 19, 2019 7:25 PM EDT

MEXICO CITY (AP) — Mexico's Senate voted overwhelmingly Wednesday to ratify a new free trade agreement with the United States and Canada, making it the first of the three countries to gain legislative approval. Mexico's upper chamber voted 114 to four with three abstentions in favor of the...

Top US trade official plans to meet Chinese counterpart

Jun. 19, 2019 6:23 PM EDT

WASHINGTON (AP) — The top U.S. trade negotiator said he will meet with his Chinese counterpart to discuss a trade dispute between the world's two biggest economies before a summit next week in Japan between Presidents Donald Trump and Xi Jinping of China. Appearing before the House Ways and Means Committee...