China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports. When adjusted for inflation, China’s trade surplus last year far exceeded any in the world in the past century, even those of export powerhouses…
Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of automated machines to move cargo. The International Longshoremen’s Association, the union that represents dockworkers, and the United States Maritime Alliance, the employers’ negotiating group, on Tuesday resumed in-person talks aimed at…
Justin Trudeau’s announcement on Monday that he would resign was the last card that Canada’s deeply unpopular prime minister, who had set his party on course to lose a national election, had left to play. The political levers he has pulled will give Mr. Trudeau’s Liberal Party a chance to reinvent itself without him. But…
Prime Minister Justin Trudeau of Canada said on Monday that he would step down in the coming months, bowing to an angry electorate at a time of uncertain economic prospects and political infighting. The announcement, which came amid a gridlocked Parliament, left Canada in political flux just as the incoming Trump administration has vowed to…
Prime Minister Giorgia Meloni of Italy has gone to Mar-a-Lago to visit President-elect Donald J. Trump for an informal meeting being held on Saturday, three people familiar with the trip said. The trip comes just a few days before Ms. Meloni is set to welcome President Biden in Rome for an official visit to Italy…