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Wednesday, May 22, 2019

Tag: trade war

Huawei to support its devices after Google Android bar

Huawei users, fret not. The smartphone company will continue to provide security updates and services.

China has more to offer than US, top Philippine diplomat says

Philippine Foreign Affairs Secretary says President Rodrigo Duterte prefers China’s offer of loans and investments over the US's murkier stance.

EU firms ‘caught in crossfire’ of US-China trade war

The ongoing trade clash between Beijing and Washington is 'not good for business', a survey of European firms in China has found.

China’s top diplomat calls for US restraint on trade, Iran

China's senior diplomat Wang Yi says China is still willing to resolve differences through negotiations, but they should be on an equal footing.

Give more loans to small businesses, Guan Eng urges banks

Lending active businesses key in negating effects of US-China trade war, says finance minister.

Germany says Europe must maintain own course after US blacklisting of...

German Chancellor Angela Merkel and the BDI urge that Europe not be dragged down into the trade dispute between US and China.

Huawei ban clouds US-China trade talks, tech sector

China says the Huawei ban by the US could hurt trade talks.

Wall St. gains as trade optimism trumps dim economic data

Following reports that US President Donald Trump would hold off on imposing tariffs on imported cars and parts, Wall Street's outlook turned positive and eased slowdown fears after discouraging economic data.

Jaguar Land Rover in uphill battle to revive China operation

JLR’s China sales fell more than a third in the nine months through December and have continued to slide.

Trump calls trade war with China ‘a little squabble’

US President Donald Trump insists he will not sign onto any deal unless it is a good one.

China’s economy shows further weakness as retail sales struggle

A trade war with the US has resulted in China's economy showing further signs of weakness, shown by the slowest growth in retail sales for 16 years.

China’s economy lost momentum even ahead of Trump’s tariffs

China’s economy lost steam in April after a rebound in March, even before President Donald Trump’s latest tariff increase arrived to further darken the outlook.

Trump tweets optimism on China trade, lines up new US tariffs

US President Donald Trump says a trade deal with China will happen at the right time.

Oil rises as Saudi Arabia reports drone attacks on pump stations

LONDON: Oil rose as Saudi Arabia reported drone attacks on pumping stations, the latest escalation in Middle East tensions after tankers were hit by...

China’s arsenal in the trade war against the US

China imports almost four times less than it exports to the US, and Beijing already levies punitive charges on almost all US goods arriving in China.

China hikes tariffs on most US goods

A total of 5,140 US products will be subject to various tariff rates starting June 1, the finance ministry said in a statement.

Trump warns China not to retaliate against tariff hike

The president's denial that US consumers would be affected by the spike in tariffs ran counter to the words of his own economic adviser.

China says will ‘never surrender’ as US trade row heats up

Beijing has vowed to respond to the latest US tariffs, but has announced no details yet.

Trump to China: Trade deal now or it will be ‘far...

Washington and Beijing are locked in a trade battle that has seen mounting tariffs, sparking fears the dispute will damage the global economy.

China, US agree to hold more trade talks, says Liu

China's Vice Premier Liu He also said he was optimistic about China's economy in the longer term.

Revived China trade war poised to weigh on US economic growth

An analyst estimates the higher tariffs could shave 0.2 percentage points from US gross domestic product growth this year.

The real victims of China’s trade patterns

While China reaps growing benefits from its neighbours, most of the rest of Asia faces a negative net stimulus from it.

Trump’s tariff hike on US$200 bln of Chinese goods takes effect

US Customs and Border Protection imposed the new 25% duty on affected US-bound cargoes leaving China after 12:01am on Friday.

From sushi to ski gloves, US needs China more than you...

The list of consumer items that China has a near stranglehold on is pretty comprehensive.