Tag: trade war

• Friday, May 15th 2020 - 08:27 UTC

  Trump not interested in speaking with president Xi and suggests cutting “whole relationship with China”

  

  President Donald Trump signaled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he could even cut ties with the world’s second-largest economy.

• Tuesday, May 12th 2020 - 07:49 UTC

  Trump opposes renegotiating US-China Phase 1 trade deal despite Beijing concerns

  

  US President Donald Trump said on Monday he opposed renegotiating the US-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.

• Saturday, May 2nd 2020 - 07:21 UTC

  Trump thinking on ways of making China accountable for the coronavirus: raising tariffs an option

  

  US President Donald Trump said on Friday raising tariffs on China is “certainly an option” as he considers ways to retaliate for the spread of the COVID-19 out of Wuhan, China.

• Wednesday, February 19th 2020 - 06:49 UTC

  China lifts tariffs on 696 products imported from the US, including farm and energy products

  

  China said on Tuesday it would accept applications for new tariff exemptions for 696 products imported from the United States including key agricultural and energy products such as pork, beef, soybeans, liquefied natural gas and crude oil.

• Friday, February 7th 2020 - 09:46 UTC

  China halves punitive tariffs on US$ 75 billion of US imports next week

  

  China said on Thursday it will halve punitive tariffs on US$75 billion in US imports from Feb 14, a month after Beijing and Washington signed a truce in their long-running trade war.

• Tuesday, February 4th 2020 - 07:04 UTC

  US approves rules on imports from countries that undervalue their currencies

  

  The U.S. Commerce Department on Monday finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China.

• Saturday, January 18th 2020 - 08:44 UTC

  China's economy weakened to its slowest pace in three decades

  China's economy weakened to its slowest pace in three decades last year as weaker domestic demand and trade tensions with the United States took their toll, official data showed on Friday.

• Saturday, January 18th 2020 - 08:43 UTC

  Wall Street at record highs on housing data and hopes of a global rebound

  

  Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

• Thursday, January 16th 2020 - 08:54 UTC

  World stocks at record high after US and China sign a deal to defuse the trade war

  

  World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments.

• Tuesday, January 14th 2020 - 09:50 UTC

  Money markets react to US decision reversing China as a currency manipulator

  

  The Yen plumbed an eight-month low while the Yuan climbed to its highest level since July on Tuesday after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.