Trade War

Shifting trends in maritime transport, logistics in view of COVID-19

Sun, 22 Nov 2020 - 10:50 GMT

The COVID-19 outbreak has caused a slowdown in consumption, and subsequently, international trade disrupting maritime transportation.

China adds US agricultural products to tariff exemptions

Fri, 13 Sep 2019 - 03:27 GMT

The exemption will be valid for a year through to September 16, 2020.

Debt and dollar in demand, sterling and stocks stricken on trade war and Brexit

Wed, 17 Jul 2019 - 10:01 GMT

Fed expectations have not dented the dollar however. It stood around a one-week high against a basket of currencies after the previous day’s half-percent jump.

Trade War: Threats and Opportunities

Sun, 07 Jul 2019 - 06:23 GMT

The world has been keeping a close eye on the trade war ignited by the United States that has set up barriers provoking retaliation by mainly China.

China says existing U.S. tariffs must be removed for a trade deal

Thu, 04 Jul 2019 - 10:25 GMT

Trade teams from both countries are in contact, commerce ministry spokesman Gao Feng told a regular media briefing.

Dollar builds on rebound as hopes rise for U.S.-China trade truce

Thu, 27 Jun 2019 - 09:45 GMT

The dollar extended its recovery on Thursday, gaining versus the yen and euro, on hopes the United States and China will agree a trade truce before a G20 summit in Japan this weekend.

China opposes U.S. abuse of export control, urges cooperation

Thu, 27 Jun 2019 - 09:43 GMT

The United States must immediately cancel sanctions on Chinese telecoms equipment maker Huawei, said Gao Feng, the spokesman.

China, U.S. to resume trade talks but China says demands must be met

Thu, 20 Jun 2019 - 09:40 GMT

Negotiations to reach a broad trade deal broke down last month after U.S. officials accused China of backing away from previously agreed commitments.

Cabinet: Egyptian economy strong despite global trade war

Mon, 17 Jun 2019 - 04:15 GMT

GDP growth in the third quarter of fiscal year 2018/2019 reached 5.6 percent, alongside a rise in net foreign exchange reserves by the end of May 2019 to $44.3 billion.

Oil rises on declining U.S. crude stocks, but trade war worries linger

Thu, 30 May 2019 - 09:54 GMT

Brent crude futures, the international benchmark for oil prices, were at $69.85 per barrel at 0700 GMT, up 40 cents, or 0.6%, from their last close. Brent fell nearly 1% in the previous session.

China rebuffs Trump claim U.S. tariffs are making firms leave

Tue, 21 May 2019 - 10:17 GMT

Trump took the step after China sought major changes to a deal that U.S. officials said had been largely agreed.

China says agreed with U.S. to keep talking over trade war

Tue, 14 May 2019 - 09:53 GMT

hina and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday.

Trump on China trade spat: 'We're going to win either way'

Tue, 16 Apr 2019 - 09:39 GMT

“We’re going to win either way. We either win by getting a deal or we win by not getting a deal,” Trump said during a visit to a business roundtable in Burnsville, Minnesota.

U.S.-China trade: tariff and non-tariff barriers

Wed, 27 Feb 2019 - 09:16 GMT

Citing progress in talks between the two countries, Trump said he would delay a planned increase in tariffs to 25 percent from 10 percent on $200 billion of Chinese imports.

Trump delays tariff hike on Chinese goods, citing trade talk progress

Mon, 25 Feb 2019 - 09:51 GMT

The announcement was the clearest sign yet that China and the United States are closing in on a deal to end a months-long trade war that has slowed global growth and disrupted markets.

U.S.-China trade talks conclude as hopes of a deal build

Wed, 09 Jan 2019 - 09:33 GMT

The talks were extended into an unscheduled third day, showing both sides were “serious”, China’s Foreign Ministry said.

Boeing opens first 737 plant in China amid U.S.-Sino trade war

Sun, 16 Dec 2018 - 09:26 GMT

The executives, alongside representatives from China’s state planner and aviation regulator, unveiled the plane at an event attended by hundreds of people.

China Aug FX reserves dip more than expected to $3.11 trln

Fri, 07 Sep 2018 - 08:33 GMT

China's foreign exchange reserves fell slightly more than expected in August as the dollar extended gains and Beijing took steps to stabilize its yuan

China says will continue to fight back against U.S. tariffs

Thu, 23 Aug 2018 - 09:15 GMT

China will file a complaint with the World Trade Organization (WTO) against the U.S. action, the ministry also said in a statement on its website.

U.S. economy set to slow from here on, damaged by trade war: Reuters poll

Thu, 23 Aug 2018 - 09:12 GMT

In the current quarter, the U.S. economy was forecast to grow 3 percent and then 2.7 percent in the next, a slight upgrade from the previous poll.