Andrew Mayeda
Bloomberg
Ottawa, ON, Canada
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Past articles by Andrew:
U.S., China Trade Talks: Side-By-Side Comparison of Statements
They agreed to keep talking. That was the main takeaway after a week of negotiations in Beijing between the U.S. and China in an effort to end the trade war. → Read More
What a World Bank Critic Might Do as Its President
President Donald Trump’s nomination of David Malpass could mean change is in store for the development lender. → Read More
Nothing’s Taboo for the New IMF Chief Economist Gita Gopinath
Gita Gopinath has a knack for asking the kind of questions that, not so long ago, might have raised eyebrows inside the International Monetary Fund, where she just took over as chief economist. → Read More
U.S. Pushes China to Keep Promises as Trade-Deal Hopes Rise
China and the U.S. concluded trade talks that were extended by one day, and China will be releasing a statement soon on the result, a government spokesman said in Beijing. → Read More
World Bank Cuts Global Growth Outlook as Trade Expansion Falters
The World Bank cut its forecast for the global economy as slowing growth in trade and investment and rising interest rates sapped momentum, especially in emerging markets. → Read More
U.S. Sees Trade Deal Within Reach as China Dispatches Top Aide
The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as President Xi Jinping dispatched one of his top aides to negotiations in Beijing on a lasting truce to a conflict that has roiled financial markets. → Read More
Jim Yong Kim Stepping Down Early as World Bank President at End of Month
(Bloomberg) -- Jim Yong Kim said he’ll step down as president the World Bank Group at the end of the month, leaving a void at the top of the development lender as it grapples with turbulence in emerging markets and U.S. doubts about the usefulness of multilateral institutions. → Read More
Trump’s Trade War and the Emerging Global Fallout: QuickTake
U.S. President Donald Trump unleashed chaos in the global trading system in 2018 with his crackdown on countries he says trade unfairly. His tariffs contributed to a deep selloff in global markets and prompted economists to slash their forecasts for trade. Trump wants to punish countries he says charge unreasonably high duties, steal American technology, subsidize industries and dump cheap… → Read More
Mnuchin Risks Becoming Trump's Target as Market Slide Worsens
Mnuchin is struggling to contain his first real crisis as Treasury secretary, failing to assuage investors unnerved by turmoil in Washington and making him a target of President Donald Trump’s wrath over stock market losses. An emergency meeting with top U.S. → Read More
$1 Billion a Month: The Cost of Trump's Tariffs on Technology
(Bloomberg) -- U.S. companies paid $1 billion more in tariffs on technology products imported from China in October than a year earlier, as new duties imposed by the Trump administration took effect. The tariff costs rose more than seven-fold to $1. → Read More
Global Economy May Be Slowing More Than Expected, Lagarde Says
Global growth may be slowing more than forecast only a month ago, underscoring the urgency for countries to pull back from a damaging trade war, the International Monetary Fund warned. → Read More
American Voters Just Sent a Surprising Message About the Trade War
The trade war of 2018 was, in theory, supposed to hurt Republicans in states vulnerable to higher tariffs and Chinese retaliation. The results from Tuesday’s midterm elections suggest that didn’t really happen. → Read More
U.S. Spares China From Yuan-Manipulator Label Amid Trade War
The decision not to label China a manipulator stands in contrast with public comments made by President Donald Trump. → Read More
Tremors Rattling World Economy: Takeaways From IMF Talks in Bali
(Bloomberg) -- Woken one night by a 6.4 magnitude earthquake at the IMF annual meetings in Bali, global finance chiefs spent the week assessing the tremors now rippling through the world economy. → Read More
IMF Says Yuan Is Fairly Valued Ahead of U.S. Currency Manipulation Report
(Bloomberg) -- The yuan is “broadly in line” with China’s economic fundamentals, a senior IMF official said, days before the U.S. Treasury Department is scheduled to release a closely watched report on currency manipulation. → Read More
U.S. and China Jockey for Global Support as Trade War Ramps Up
(Bloomberg) -- The U.S. and China are set to use the latest gathering of the world’s finance chiefs to marshal support for their respective cases in a trade dispute that shows no sign of ending soon. → Read More
Investors Underestimate Risk of a Financial Shock, IMF Warns
(Bloomberg) -- Investors may be ignoring the risk that financial conditions could tighten sharply and send tremors through the global economy, the International Monetary Fund warned. → Read More
IMF Cuts Forecast for Global Growth as Trade War Takes Toll
(Bloomberg) -- The International Monetary Fund said the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, blaming escalating trade tensions and stresses in emerging markets. → Read More
U.S, Canada Agree to Nafta Replacement That Will Include Mexico
The U.S. and Canada agreed to a trade deal that would preserve a three-way bloc with Mexico, setting the stage for their leaders to sign the accord by the end of November. → Read More
USMCA: Trump Lauds Nafta Replacement As ‘Historic’ Trade Agreement
(Bloomberg) -- President Donald Trump celebrated the negotiation of a replacement trade deal for Nafta as an “historic” agreement that delivers on a key promise of his presidential campaign. → Read More