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Shock fall in industry output, exports deepen India's economic gloom

By Rajesh Kumar Singh and Manoj Kumar NEW DELHI (Reuters) - India's economic gloom deepened on Friday with a surprise contraction in industrial output, a fall in exports and a jump in the trade deficit, underscoring the enormity of challenges awaiting a new government that takes over in May. Economic growth in Asia's third largest economy has almost halved to below 5 percent in the past two years on weak investments and consumer demand, in the worst slowdown for the south Asian nation since the 1980s.

Japan, U.S. trade chiefs to meet again next week over TPP

Japan's minister in charge of ongoing Trans-Pacific Partnership free trade talks said Friday he will meet with his U.S. counterpart in Washington next week, as they accelerate efforts to solve outstanding issues before a Japan-U.S. summit later this month.

Japan, U.S. trade chiefs to meet again next week over TPP

Japan's minister in charge of ongoing Trans-Pacific Partnership free trade talks said Friday he will meet with his U.S. counterpart in Washington next week, as they accelerate efforts to solve outstanding issues before a Japan-U.S. summit later this month.

U.S. seeking cut in Japan beef tariffs to less than 10%

The United States has given up on demanding that Japan remove its 38.5 percent tariffs on beef in bilateral negotiations related to 12-country Pacific free trade talks, negotiation sources said Thursday.

China imports, exports slump in March

Chinese exports and imports fell sharply in March, data showed Thursday, as officials noted that the world's second-largest economy faces headwinds from tougher regional competition and "friction" with trade partners. The figures are potentially another cause for concern about the the economy, which has shown signs of weakness recently with a string of disappointing indicators on trade, industrial output and consumer spending.

Japan, U.S. remain far apart over TPP after marathon talks

Japan and the United States on Thursday remained far apart after marathon talks over key matters in the Trans-Pacific Partnership free trade negotiations, clouding the outlook for reaching a broad agreement during a U.S.-Japan summit in Tokyo later this month.

China's March exports shrink, adding to danger of job losses as economy slows

BEIJING, China - China reported an unexpected contraction in exports in March, raising the danger of job losses as Beijing tries to overhaul its slowing economy. Customs data Thursday showed that exports fell 6.6 per cent from a year earlier, well below analysts' expectations of single-digit growth. Imports contracted by 11.3 per cent, highlighting the weakness in Chinese growth.

U.S. Trade Representative: Talks with Japan 'tough,' will continue

TOKYO (Reuters) - Japan-U.S. trade negotiations this week were "tough" but are making progress toward an agreement, a key element of Pacific-wide talks, U.S. Trade Representative Michael Froman said on Thursday. Tokyo and Washington are hoping to reach a broad agreement on the bilateral outstanding issues at a summit between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe in the Japanese capital on April 24, seen as a possible milestone for advancing the stalled TPP talks involving the two countries and 10 others.

U.S. Trade Representative: Talks with Japan 'tough,' will continue

TOKYO (Reuters) - Japan-U.S. trade negotiations this week were "tough" but are making progress toward an agreement, a key element of Pacific-wide talks, U.S. Trade Representative Michael Froman said on Thursday. Tokyo and Washington are hoping to reach a broad agreement on the bilateral outstanding issues at a summit between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe in the Japanese capital on April 24, seen as a possible milestone for advancing the stalled TPP talks involving the two countries and 10 others.

Japan, U.S. continue marathon talks to break TPP deadlock

Japan and the United States on Thursday continued marathon talks aimed at resolving their differences seen as crucial to concluding a broad Pacific free trade agreement. Thursday's talks between Akira Amari, Japan's minister in charge of the Trans-Pacific Partnership free trade talks, and U.S. Trade Representative Michael Froman, comes after more than 10 hours of discussions the day before over the issues of market access for agriculture and autos, the biggest sticking points. Both sides have said there are still considerable gaps.
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