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Japan says US won’t hike car tariffs during trade deal talks

Bloomberg Japan is sticking to its view that the US won’t apply higher tariffs on imports of Japanese cars and auto parts so long as negotiations toward a trade deal continue, according to Tokyo’s lead negotiator with Washington. The comments from economy minister Toshimitsu Motegi come as policy makers in Japan and Europe fret about the findings of a US ...

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Chinese officials head back to US for more talks

Bloomberg Chinese and US trade negotiators will start the next round of talks this week in Washington, after discussions in Beijing last week that President Donald Trump called “very productive.” The two sides will hold talks with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on February 21-22, according to a statement from China’s Commerce Ministry. The talks ...

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Malaysia nears deal with China to revive rail project

Bloomberg Malaysia is making progress in talks with China to revive a high-speed rail project that Prime Minister Mahathir Mohamad’s government said it would cancel, according to Foreign Minister Saifuddin Abdullah. China is willing to reduce the $20 billion price tag for the East Coast Rail Link project and talks are “in the last mile,” Saifuddin said in an interview ...

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