#raised tariffs

BUENOS AIRES, Argentina | The Latest: Trump: Congress can choose USMCA or nothing

BUENOS AIRES, Argentina— The Latest on President Donald Trump at the Group of 20 summit (all times local):

12:30 p.m.

President Donald Trump says he will shortly be providing formal notice to Congress that he will terminate the North American Free Trade Agreement, giving lawmakers six months to approve the replacement he recently signed.

Speaking to reporters aboard Air Force One while returning…

BUENOS AIRES, Argentina | The Latest: China open to approving NXP takeover by Qualcomm

BUENOS AIRES, Argentina — The Latest on President Donald Trump at the Group of 20 summit (all times local):

11:55 p.m.

The White House says China’s government is “open to approving” the purchase of Dutch semiconductor manufacturer NXP by American chipmaker Qualcomm should it be revived.

China nixed the proposed takeover earlier this year, citing antitrust concerns, after U.S. and European…

BUENOS AIRES, Argentina | The Latest: Trump ends summit with 2 hours of talks with Xi

BUENOS AIRES, Argentina — The Latest on President Donald Trump at the Group of 20 summit (all times local):

9:20 p.m.

President Donald Trump has wrapped up his time at a summit for world leaders with more than two hours of talks with Chinese President Xi Jinping.

The two are trying to tamp down tensions surrounding a U.S.-China trade war.

Top economic adviser Larry Kudlow told reporters after the…

BEIJING | Asian stocks slide after Wall Street losses, Nissan arrest

BEIJING — Asian stocks slid Tuesday after tech losses dragged down Wall Street and Nissan’s chairman was arrested on charges of financial misconduct.

KEEPING SCORE: The Shanghai Composite Index fell 1 percent to 2,675.69 and Tokyo’s Nikkei 225 lost 0.9 percent to 21,633.54.

Hong Kong’s Hang Seng retreated 1.3 percent to 26,023.02 and Seoul’s Kospi shed 0.7 percent to 2,086.50. Sydney’s S&P-ASX…

BEIJING | China-Japan drawing closer amid trade pressure from US

BEIJING  — Shared trade friction with the U.S. appears to be drawing longtime Asian rivals China and Japan closer, with Chinese President Xi Jinping telling Japanese Prime Minister Shinzo Abe on Friday that the two countries are “sharing more common interests and concerns.”

China-Japan relations have undergone turbulence but are now “back to a normal track,” Xi told Abe during the first formal…

BEIJING  | No US high-ranking officials to attend China investment fair

BEIJING  — The U.S. will not send a high-ranking official to attend a major investment fair in China next month, the U.S. Embassy said Wednesday, in a move underscoring worsening trade frictions between the world’s two largest economies.

“China needs to make the necessary reforms to end its unfair practices that are harming the world economy,” an embassy spokesperson said, speaking on routine…

SINGAPORE | World markets mixed on caution over costs from tariff hikes

SINGAPORE — World markets were mixed on Wednesday as traders mulled the impact of tariffs on corporate America after big industrial companies admitted that they were facing rising costs.

KEEPING SCORE: The CAC 40 in France jumped 1 percent to 5,017.07 and Germany’s DAX added 0.4 percent to 11,318.25.

Britain’s FTSE 100 picked up 0.4 percent to 6,983.02. Wall Street looked set for a bleak open,…

SINGAPORE  | Asian markets mixed as US businesses caution against tariffs

SINGAPORE  — Asian markets were mixed on Wednesday as traders mulled over the impact of tariffs on corporate America, after big industrial companies admitted that they were facing rising costs.

KEEPING SCORE: Japan’s Nikkei 225 index jumped 0.8 percent to 22,178.40 as a private survey suggested a recovery in manufacturing in October. The Shanghai Composite index, which closed more than 2 percent…