Trump threatens more China tariffs, Beijing ready to hit back

BEIJING/WASHINGTON (Reuters) - China warned on Friday it was fully prepared to respond with a "fierce counter strike" of fresh trade measures if the United States follows through on President Donald Trump's threat to slap tariffs on an additional $100 billion of Chinese goods.

Rival banks applauded U.S. watchdog on 2016 Wells Fargo settlement: emails

WASHINGTON/NEW YORK (Reuters) - Rival lenders privately congratulated the top U.S. consumer watchdog on its $100 million settlement with Wells Fargo over the bank's phony accounts scandal, according to internal documents published by the Consumer Financial Protection Bureau this week.

Trump administration mulls stiffer rules for auto imports: WSJ

WASHINGTON (Reuters) - The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, the Wall Street Journal reported on Friday.

Facebook backs political ad bill, sets limits on 'issue ads'

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc backed for the first time on Friday proposed legislation requiring social media sites to disclose the identities of buyers of online political campaign ads and introduced a new verification process for people buying "issue" ads, which have been used to sow discord online.

Fed's Powell points to rate hikes, uncertainty on trade tensions

CHICAGO (Reuters) - The Federal Reserve will likely need to keep raising U.S. interest rates to keep inflation under control, Fed Chairman Jerome Powell said, adding that it was too soon to know if rising trade tensions would hit the U.S. economy.

Oil, stocks slide on Trump's new trade salvo

NEW YORK (Reuters) - Crude oil and global equity markets tumbled on Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, renewing investor jitters about the potential impact a tariff war would have on the world economy.

'We can't just trust': The thinking behind Trump's get-tough approach to China

WASHINGTON (Reuters) - When Liu He, Chinese President Xi Jinping's top economic adviser, came to Washington in late February, he was expected to make arrangements for restarting trade talks that President Donald Trump had put on ice.

NAFTA ministers meet to work on possible deal, focus on autos

WASHINGTON/OTTAWA (Reuters) - Top U.S., Mexican and Canadian trade officials met on Friday to discuss prospects for updating the North American Free Trade Agreement amid pressure from Washington to strike a quick deal despite several unresolved issues.

NAFTA deal within reach soon: senior Mexican official

MEXICO CITY (Reuters) - An agreement between Canada, the United States and Mexico on a revamped North American Free Trade Agreement (NAFTA) is within reach, a senior official with Mexico's economy ministry said on Friday.

Netflix offering more than $300 million for billboard company: sources

(Reuters) - Netflix Inc is offering more than $300 million to buy a company that owns billboards across Los Angeles, including on West Hollywood's famed Sunset Strip, a move that could help it save money maintaining a high profile in the world's entertainment capital, according to people familiar with the matter.

Speculative U.S. 10-year T-note net shorts jump to 13-month high -CFTC

April 6 (Reuters) - Speculators' net bearish bets on U.S. 10-year Treasury note futures rose to their highest level in about 13 months in the latest week, according to Commodity Futures Trading Commission data released on Friday.

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