trade
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Trump's many trade wars: a summary

Jul 20, 2018 - 10:38 AM

US president is picking international trade fights in many fronts

TRADE WARS.  US President Donald Trump has been waging battles on trade in many fronts. AFP Photo

DOJ indicts Kerwin Espinosa for drug trade

Jul 19, 2018 - 4:31 PM

(UPDATED) The case of Cebu businessman Peter Lim is still undergoing a separate preliminary investigation

Self-confessed drug lord appears before a DOJ hearing on August 24, 2017. Photo by LeAnne Jazul/Rappler

Spurs coach Popovich on Kawhi trade: ‘Time to move on’

Jul 19, 2018 - 8:46 AM

The San Antonio tactician wishes Kawhi Leonard well, but says he's focused on the arrival of former Raptors cornerstone DeMar DeRozan

SEPARATE WAYS. San Antonio coach Gregg Popovich and Kawhi Leonard part ways, just two weeks after the Spurs let go of veteran Tony Parker. Photo by Ronald Cortes/Getty Images/AFP

Kawhi Leonard to Raptors, DeMar DeRozan to Spurs – reports

Jul 18, 2018 - 9:52 PM

San Antonio also sends Danny Green to Toronto for Jakob Poeltl and a protected 2019 first-round pick

SWITCH. Top NBA stars Kawhi Leonard and DeMar Derozan switch teams and conference. Leonard photo by Ronald Cortes/AFP and Derozan photo by Jason Miller/Getty Images/AFP​


As trade war rages, Trump flags fly out of China factory

Jul 16, 2018 - 11:14 AM

President Trump rails against Chinese imports, pushes for 'buy American', and launches the trade confrontation to punish China for what he considers predatory trade policies. But his anger does not appear to extend to flags.

MADE IN CHINA. This photo taken on July 13, 2018 shows Chinese employees sewing US flags at a factory in Fuyang in China's eastern Anhui province. AFP Photo

Labor group to Duterte: Hike wages amid shrinking purchasing power

Jul 14, 2018 - 3:55 PM

Average minimum wage in the non-agricultural sector across all regions amount to P330.47 daily in April, but the actual purchasing power of Filipinos is only P208.38, says ALU-TUCP

HIGHER PRICES. Basic goods has seen a spike in prices at the Kamuning Public Market in Quezon City on June 26, 2018. Photo by Jire Carreon/Rappler

Trade war ramps up as U.S. threatens $200B in Chinese goods

Jul 11, 2018 - 1:04 PM

(UPDATED) Reacting to the 'totally unacceptable' Washington list, the commerce ministry in Beijing says it will be forced to take 'countermeasures'

TRADE WAR. In this file photo, US Trade Representative Robert Lighthizer speaks during the 11th Ministerial Conference of the World Trade Organization (WTO) plenary session in Buenos Aires, Argentina, on December 11, 2017. File photo by Eitan Abramovich/AFP

Philippines' trade deficit widens by 47.6% in May 2018

Jul 10, 2018 - 2:15 PM

The Philippine Statistics Authority says the country's imports further increased by 11.4%, while exports slumped by 3.8%

TRADE GAP. The Philippine Statistics Authority (PSA) reports a wider trade gap in May 2018. AFP photo

British PM wins cabinet backing for UK-EU free trade area

Jul 07, 2018 - 8:17 AM

Less than 9 months before Britain leaves the EU, May's government is finally setting out exactly what it wants following public splits about how aligned it will remain with the regional bloc

CABINET MEETING. In this handout image taken and released on July 6, 2018, by the Prime Minister's Press Office, Britain's Prime Minister Theresa May speaks to members of her cabinet at the Prime Minister's rural country residence, Chequers, west of London. Photo by Crown Copyright (Joel Rouse)/AFP

China files new complaint at WTO over US tariffs

Jul 06, 2018 - 11:47 PM

'China lodged an additional complaint with the World Trade Organization... over tariffs formally implemented by the United States,' Xinhua reports, citing a statement by the commerce ministry

Trump unleashes trade war with tariffs on China

Jul 06, 2018 - 1:15 PM

(UPDATED) Economists have warned that the tit-for-tat measures could throttle global growth and strike at the heart of the world trade system, causing shockwaves across the planet

Trade Wars: Trump loads decisive volley against China

Jul 05, 2018 - 2:16 PM

(UPDATED) Beijing has vowed to retaliate dollar-for-dollar, 'immediately' imposing counter-tariffs on American exports

Agriculture trade deficit widens in Q1 2018

Jul 02, 2018 - 8:45 PM

The Philippine Statistics Authority says the Philippines' agricultural imports rose while exports declined, which widened the trade deficit by 41% to $1.83 billion

Labor group accuses Calida firm of nonpayment of SSS premiums

Jul 01, 2018 - 10:30 PM

(UPDATED) Vigilant Investigative and Security Agency, owned by Solicitor General Jose Calida's family, says the allegations made by ALU-TUCP are 'utterly false'

NON-PAYMENT. Labor group Associated Labor Unions-Trade Union Congress of the Philippines said Vigilant Investigative and Security Agency has not been paying its employee's Social Security System remittances for years.

Canada hits back at U.S. with tariffs on metals, bourbon, orange juice

Jun 30, 2018 - 1:43 PM

The tit-for-tat duties are a response to the punishing US steel and aluminum tariffs imposed at the start of June

TIT FOR TAT. In this file photo taken on June 8, 2018, US President Donald Trump (L) and Canadian Prime Minister Justin Trudeau hold a meeting on the sidelines of the G7 Summit in La Malbaie, Quebec, Canada. Photo by Saul Loeb/AFP

Koreas hold talks on connecting railways

Jun 26, 2018 - 12:56 PM

Linking up the two systems – and modernizing the North's aging rail infrastructure – would give trade-dependent South Korea a land route to the markets of China, Russia, and on to Europe

INTER-KOREAN RAILWAY. In this file photo, South Korean soldiers walk by the inter-Korean railway under construction with a newly-built tunnel near the border with North Korea in Paju, north of Seoul, September 13, 2001. File photo by Kim Jae-hwan/AFP

EU slaps tariffs on U.S. as trade war erupts

Jun 22, 2018 - 2:13 PM

The tariffs will further fuel jitters on world stock markets that are already alarmed by trade tensions between the United States and China

File photos from AFP, Shutterstock

GlobalPort ships Nabong to San Miguel for Espinas, future pick

Jun 21, 2018 - 12:42 PM

This is the 3rd trade the PBA has approved in 4 days

TRADE. Gabby Espinas (right) returns to the GlobalPort Batang Pier while Kelly Nabong will play for his 3rd team in his 6-year PBA career. File photos from PBA Images


Charlotte ships Dwight Howard to Brooklyn

Jun 20, 2018 - 10:47 PM

The Hornets trade the star center to the Nets for Timefey Mozgov and two second-round picks

HEAD-SCRATCHER. Dwight Howard, who’s enjoying a career resurgence with averages of 17.4 points and 12.7 rebounds, heads to his 4th team in 4 years. Photo by Abbie Parr/Getty Images/AFP

China accuses Trump of 'blackmail' after new tariffs threat

Jun 19, 2018 - 1:55 PM

'If the US acts irrationally and issues a list, China will have no choice but to take comprehensive measures of a corresponding number and quality and take strong, powerful countermeasures'

Why the Jeff Chan trade is a game changer for Ginebra

Jun 18, 2018 - 8:35 PM

The Gin Kings' move has low-risk, high-reward potential written all over it

NEW SQUAD. Jeff Chan will be playing in his 4th team in 10 years. Photo from PBA Images


PSE, other Asian markets tumble amid U.S.-China trade war fears

Jun 18, 2018 - 6:15 PM

The Philippine Stock Exchange is down 2.5% on Monday, June 18, as the United States and China move closer to a trade war

Trump threatens to send 25 million Mexicans to Japan

Jun 16, 2018 - 3:14 PM

The Wall Street Journal reports that Trump described migration as a big problem for Europe. He then told Japan's Abe: "Shinzo, you don't have this problem, but I can send you 25 million Mexicans and you'll be out of office very soon."

ALLIES. Japan's Prime Minister Shinzo Abe speaks during a joint press conference with US President Donald Trump in the Rose Garden of the White House on June 7, 2018 in Washington, DC. Photo by Mandel Ngan / AFP

Kawhi Leonard wants out of Spurs, looks for Lakers trade

Jun 16, 2018 - 12:23 PM

Reports say the relationship between Leonard and San Antonio may be irreparably damaged

NEW POWERHOUSE? Kawhi Leonard may end up with the LA Lakers, which can assemble a new superteam with incoming free agents LeBron James and Paul George also linked to join the glamour squad. Photo by Ronald Martinez/Getty Images/AFP

Trump ignites trade war with China, triggering swift retaliation

Jun 15, 2018 - 10:16 PM

(UPDATED) Making good on a pledge to punish the alleged theft of American intellectual property, Trump warns in a statement of 'additional tariffs' if China hits back with tit-for-tat duties on American goods and services exports

Trump prepares China tariff target list as confrontation escalates

Jun 15, 2018 - 10:44 AM

Imposing the tariffs would escalate the trade confrontation with Beijing, and potentially set off a round of tit-for-tat retaliation, which economists warn would damage the global economy

US TRADE. In this file photo, US President Donald Trump meets with business leaders in the Roosevelt Room at the White House in Washington, DC, on January 23, 2017. File photo by Nicholas Kamm/AFP

Trump lashes out at U.S. allies in Twitter rant

Jun 11, 2018 - 6:11 PM

'Fair Trade is now to be called Fool Trade if it is not Reciprocal,' Trump tweets, as he criticizes Canadian tariffs on imports of US milk

A handout photo taken by Ministry of Communications and Information of Singapore on June 11, 2018 shows US President Donald Trump (L) blows a candle after being presented a cake during a working lunch with Singapore's Prime Minister Lee Hsien Loong (not pictured) during his visit to The Istana, the official residence of the prime minister, in Singapore. Kim Jong Un and Donald Trump will meet on June 12 for an unprecedented summit in an attempt to address the last festering legacy of the Cold War, with the US President calling it a "one time shot" at peace. / AFP PHOTO / Ministry of Communications and Information of Singapore AND AFP PHOTO / Handout / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Ministry of Communications and Information of Singapore" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS - NO ARCHIVES

Merkel on Trump G7 tweets: 'Sobering and a little depressing'

Jun 11, 2018 - 8:12 AM

German Chancellor Angela Merkel says the word 'depressed' was 'already a lot, coming from me,' in an ironic reference to her usual unflappable appearance

G7 SUMMIT. A photo released on Twitter by the German government's spokesman Steffen Seibert on June 9, 2018, and taken by the German government's photographer Jesco Denzel, shows US President Donald Trump (right) talking with German Chancellor Angela Merkel (center) and surrounded by other G7 leaders during a meeting of the G7 Summit in La Malbaie, Quebec, Canada. Photo by Jesco Denzel/Bundesregierung/AFP

PH still among world's 'worst' countries to work in – report

Jun 09, 2018 - 2:47 PM

(UPDATED) 'Despite the collective efforts to achieve better wages and working conditions, there was a rise in repression, intimidation, and discrimination faced by working people,' says the International Trade Union Confederation

LABOR DAY. Workers march in the streets of Manila on Labor Day, May 1, 2018, to demand better conditions for the labor sector. Photo by Maria Tan/Rappler

Trump's brash diplomacy faces summit tests

Jun 08, 2018 - 4:50 PM

The topics of the G7 summit and the Trump-Kim summit may be very different but the stakes are equally high

Canada's Trudeau rejects U.S. proposal for bilateral trade pact

Jun 07, 2018 - 2:42 PM

'Canada's position is, and always has been that the trilateral approach is actually better for Canada, for Mexico and for the United States,' says Prime Minister Justin Trudeau

NAFTA. Canadian Prime Minister Justin Trudeau rejects a US proposal to scrap the North American Free Trade Agreement in favor of a bilateral trade pact. File photo by AFP

Trump would prefer separate deals with Canada, Mexico – White House

Jun 05, 2018 - 10:54 PM

'He prefers bilateral negotiations and he is looking at two much different countries,' says Donald Trump's economic adviser Larry Kudlow on Fox News.

SEPARATE DEALS. US President Donald Trump departs the White House in Washington, DC, on May 15, 2018. Photo by Mandel Ngan/AFP

Facebook 'not aware of any abuse' of data by phone makers

Jun 05, 2018 - 2:36 PM

Facebook does not deny the Times story but says it 'disagreed' with the issues raised

FACEBOOK. The logo of social networking website 'Facebook' is displayed on a computer screen in London, 12 December 2007. File photo by Leon Neal/AFP

China warns U.S. against tariffs as trade talks end

Jun 03, 2018 - 7:01 PM

'If the US introduces trade sanctions including tariff increases, all economic and trade achievements negotiated by the two parties so far will be void,' the Chinese government says in a statement

EU joins global battle against Trump tariff onslaught

Jun 02, 2018 - 3:22 PM

Brussels and Ottawa filed legal challenges at the WTO against Washington's decision. The EU, Canada and Mexico also threatened stiff retaliatory tariffs as they pushed back against Trump's moves.

TRADE WAR. Steel is loaded onto a truck for shipping at the NLMK Indiana steel mill on March 15, 2018 in Portage, Indiana. Photo by Scott Olson / Getty Images North America / AFP

World on brink of trade war as U.S. slaps tariffs on allies

Jun 01, 2018 - 7:27 PM

Washington angers its major allies by slapping duties of 25 percent and 10 percent on imports of aluminium and steel

TIT FOR TAT. Levi's clothes are seen on the day President Donald Trump placed tariffs on steel and aluminum imports and European Union responded by warning that it would target iconic American brands such as Levi's. Photo by Joe Raedle/Getty Images/AFP

U.S. to impose steel, aluminum tariffs on EU, Canada, Mexico

Jun 01, 2018 - 10:41 AM

The announcement sparks immediate angry reactions from key allies

Qatar bans Saudi, UAE goods from stores

May 27, 2018 - 3:45 PM

Qatar's Government Communications Office says it is trying to 'protect the safety of consumers,' amid the Gulf diplomatic crisis

CLOSED BORDER. A general view of the Qatari side of the Abu Samrah border crossing with Saudi Arabia on June 23, 2017. Karim Jaafar/AFP

Merkel, Chinese premier defend Iran deal, free trade

May 24, 2018 - 4:05 PM

German Chancellor Angela Merkel and Chinese Premier Li Keqiang show a united front on Iran and free trade during their meeting at the opulent Great Hall of the People in Beijing

IRAN DEAL & TRADE. German Chancellor Angela Merkel (L) walks with China's Premier Li Keqiang during a welcome ceremony outside the Great Hall of the People in Beijing on May 24, 2018. Photo by Greg Baker/AFP

U.S., China back off on tariffs, easing trade tensions

May 20, 2018 - 10:21 AM

(UPDATED) 'The two sides reached a consensus, will not fight a trade war, and will stop increasing tariffs on each other,' says China's Vice Premier Liu He

Trudeau, Trump: NAFTA talks could conclude soon

May 15, 2018 - 1:19 PM

Canada, Mexico, and the US are renegotiating their 24-year-old free trade pact – a process triggered last year by US President Donald Trump, who called the deal a 'disaster' that has destroyed US jobs

US-CANADA. In this file photo taken on October 11, 2017 US President Donald Trump (R) welcomes Canadian Prime Minister Justin Trudeau at the White House in Washington, DC. File photo by Saul Loeb/AFP

Hontiveros hits 'reckless' Duterte appeal for OFWs to leave Kuwait

Apr 29, 2018 - 5:55 PM

'President Duterte is promising our OFWs jobs back in our country when he can't even sign an executive order to address labor contractualization and protect the workers' security of tenure,' says Senator Risa Hontiveros

A handout photo released on February 20, 2018 by the Kuwaiti newspaper, Kuwait Times, shows Filipino workers trying to get amnesty waiting outside the Philippine embassy in Kuwait City.  Philippine President earlier this month announced a departure ban for Filipinos planning to work in Kuwait, after the murder there of 29-year-old Joanna Demafelis. / AFP PHOTO / KUWAIT TIMES / HO / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / KUWAIT TIMES" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

Labor groups light candles to call for better working conditions ahead of May 1

Apr 28, 2018 - 5:43 PM

ALU-TUCP spokesperson Alan Tanjusay urges Labor Secretary Silvestre Bello III to work harder to ensure safer and healthier workplaces for Filipino laborers

REMEMBERING. Union workers light candles to remember their colleagues who died or got injured due to work accidents. Photo from Alan Tanjusay's Facebook page

France's Macron pushes back at 'America First' agenda

Apr 26, 2018 - 9:15 AM

The French leader's feisty speech to lawmakers is a dramatic twist near the end of a 3-day visit that has showcased his warm personal relationship with US President Donald Trump, despite the gulf between their visions of world affairs

APPLAUSE. House Speaker Paul Ryan((R), US Vice President Mike Pence, members of Congress and others applaud after France's President Emmanuel Macron addressed a joint meeting of Congress inside the House chamber on April 25, 2018 at the US Capitol in Washington, DC. Photo by Ludovic Marin/AFP

Nearly 80,000 jobs available in Labor Day fairs – DOLE

Apr 23, 2018 - 8:00 AM

(UPDATED) More than 800 employers will participate in job fairs to be held across the Philippines on May 1

Thousands of job seekers troop the Quezon City Hall on Labor Day, May 1, to seek for job opportunities at the DOLE's Job Fair. Photo by Darren Langit/Rappler

Palawan pangolin habitat eyed for conservation

Apr 20, 2018 - 9:43 AM

The establishment of critical habitats is part of the 25-year strategy designed to safeguard the future of the species

PALAWAN PANGOLIN. The Palawan pangolin or Balintong is a burrowing mammal found in the province’s secondary forests, grassland, open country, thick bush, shrubby slopes and subsistence farming areas. Balintong acts as pest control, regulating the population of termites and ants in the wild. Photo courtesy of PCSDS

Palace sides with Bello: No EO vs contractrualization, up to Congress to pass law

Apr 19, 2018 - 3:13 PM

Amid talks of an executive order against contractualization, Labor Secretary Silvestre Bello III changes his tune and passes the buck to Congress to pass a law instead

NO EO. Labor Secretary Silvestre Bello says there will no longer be an executive order against contractualization. Photo by Aika Rey/Rappler

EU asks WTO for safeguards over U.S. steel, aluminum tariffs

Apr 17, 2018 - 4:37 PM

'In these discussions, the European Commission is insisting on getting a full and unconditional exemption from the announced steel and aluminum tariffs'

Supreme Court voids De Lima's watchlist order vs Arroyo in 2011

Apr 17, 2018 - 2:12 PM

Arroyo's constitutional right to travel was violated, says the Supreme Court

Police escort detained Senator Leila De LIma inside the Philippine Hearth Center for a medical checkup on March 12, 2018

Will Duterte sign EO vs contractualization on April 16?

Apr 15, 2018 - 8:20 PM

After being postponed twice this year, will the executive order against contractualization finally get President Rodrigo Duterte's approval?

NO TO 'ENDO.' President Rodrigo Duterte promises labor groups that he will sign an executive order stopping end of contract scheme. File photo by King Rodriguez/PPD