Tag: US tariffs
As Indonesia's economy is facing dimming prospects, the government plans to cut its interest rates.
German Economy Minister Peter Altmaier sees a 50% chance of the European Union striking a trade agreement on industrial goods with the US, possibly this year.
For the first time in 30 years, Bangladesh-based garment manufacturer Newage Group is sensing an opportunity to sell in the US. And it has President Trump’s battle with China to thank.
President Donald Trump’s tariffs on foreign steel speed up the decline of some of the US mills he vowed to help.
China and America are now in the process of relaunching trade talks stalled in May in hopes to remove existing US tariffs.
Computer companies are moving away from China as trade tariffs on US-bound goods continue.
The US adds new products from the European Union to potentially target with retaliatory tariffs in a long-running trans-Atlantic subsidy dispute between Boeing and Airbus.
Southeast Asian leaders converge in Bangkok to discuss the US-China tariff war, with Beijing determined to drive forward a trade pact sweeping in 40% of global commerce – excluding America.
Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus says the trade diversion could add about 10 basis points to this year’s growth rate.
Smack in the middle of a trade war with the US, China is facing a food shortage that’s raising prices for consumers.
Alphabet Inc.’s Google is moving some production of Nest thermostats and server hardware out of China, avoiding punitive US tariffs and an increasingly hostile government in Beijing.
The Trump administration's acting budget chief is asking for a delay in restrictions against Huawei products, according to a letter to Vice President Mike Pence and nine members of Congress.
With the US ratcheting up pressure on China via trade tariffs and a crackdown on one of its biggest technology companies, China counters by encouraging more homegrown innovation.
The Chinese government is convening to top tech companies and warns them of consequences if they cut off technology sales to the country.
As the US leads a drive for the West to shun Huawei over security fears, the Chinese tech giant has sought to strengthen its position in Africa, where it is already well-established.
US President Donald Trump predictes Mexico would enforce a new deal under which it agreed to expand a controversial asylum program and boost security on its southern border.
US stocks extend gains in a broad-based rally as a sharp slowdown in May domestic job growth raised hopes of an interest rate cut, while the United States' decision to delay tariffs on Chinese goods lifted the mood.
Excluding China’s Huawei Technologies Co. and ZTE Corp. from the next generation of mobile networks would lumber European phone companies with €55 billion in extra costs.
Australia's Scott Morrison says trade tensions and high-tech rivalry between the US and China are having a "very negative influence" on the world economy.
People’s Bank of China Governor Yi Gang says the nation has “tremendous” room to adjust monetary policy if the trade war with the US deepens.
The United States says it will take "unprecedented actions" to ensure the supply of strategic elements and rare earths as China mulls possible export controls for materials that are critical to modern technology.
China imposes a US$23.6 million fine on US automaker Ford's joint venture for "price fixing" in violation of anti-monopoly laws.
Toyota is warning its US dealers the Trump administration’s proposed tariffs on Mexican imports could increase auto-parts costs by more than US$1 billion and hurt sales of its top-selling truck.
Oil prices slide as a surprise jump in US crude inventories stirred fears of a supply glut at a time when trade wars are already raising concerns about global demand.
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