U.S.

North Korea Drops Withdrawal of U.S. Troops as a Condition of Nuclear Disarmament

(SEOUL, South Korea) — South Korean President Moon Jae-in said Thursday that his rival, North Korean leader Kim Jong Un, isn’t asking for the withdrawal of U.S. troops from the Korean Peninsula as a precondition for abandoning his nuclear weapons. If true, this would seem to remove a major sticking point to a potential nuclear(…)

Exclusive: China looks to speed up chip plans as U.S. trade tensions boil – sources

BEIJING (Reuters) – China is looking to accelerate plans to develop its domestic semiconductor market amid a fierce trade stand-off with the United States and a U.S. ban on sales to Chinese phone maker ZTE that has underscored the country’s reliance on imported chips. Reuters: Business News

U.S. bans American companies from selling to Chinese phone maker ZTE

LONDON/NEW YORK (Reuters) – The U.S. Department of Commerce has banned American companies from selling components to Chinese telecom equipment maker ZTE Corp for seven years after breaking an agreement reached after it was caught illegally shipping goods to Iran, U.S. officials said on Monday. Reuters: Business News

Trump says U.S. will only rejoin Pacific trade pact if terms are improved

WASHINGTON/TOKYO (Reuters) – U.S. President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade deal his administration walked away from last year, if it offered “substantially better” terms than those provided under previous negotiations. Reuters: Business News