Tag: China US trade war

• Monday, April 7th 2025 - 23:14 UTC

  Markets slump worldwide amid Trump’s tariff war and recession fears

  

  US stocks experienced significant volatility Monday amid a global trade war sparked by President Donald Trump’s tariffs. In addition, Washington threatened China to impose an additional 50% surcharge if Beijing does not retract its own 34% increase by Tuesday.

• Thursday, May 23rd 2019 - 08:49 UTC

  President Xi tells China to prepare for increasingly complex and difficult times

  

  China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased tariffs in a bitter trade war with Washington.

• Tuesday, May 14th 2019 - 09:50 UTC

  China announces higher tariffs on US produce; Trump expects to meet Xi in June in G20 summit

  

  United States President Donald Trump said on Monday that he would meet Chinese president Xi Jinping next month as the trade war between the world's two largest economies intensified, sending shivers through global markets.

• Thursday, March 7th 2019 - 09:05 UTC

  Trump frustrated: US trade deficit soars to a 10-year high

  

  The US trade gap with the rest of the world jumped to a 10-year high of US$ 621bn last year, dealing a blow to President Donald Trump's deficit reduction plan. The trade deficit is the difference between how much goods and services the US imports from other countries and how much it exports.

• Friday, December 14th 2018 - 09:05 UTC

  US confirms China's first purchase of soybeans since the start of the trade war

  

  The United States government officials on Thursday hailed China's first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come.

• Saturday, December 1st 2018 - 09:24 UTC

  Oil prices in November slide 20%, the weakest month in more than ten years

  

  Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar. The two benchmarks, North Sea Brent LCOc1 and U.S. crude CLc1, still have had their weakest month in more than 10 years in November, losing more than 20% as global supply has outstripped demand.