Tag: trade war

• Saturday, June 15th 2019 - 08:43 UTC

  Good sales prospects from China for Argentina's 56 million tons of soybeans

  

  The soybean harvest in Argentina for the 2018-19 crop year is almost complete, according to the Buenos Aires Grain Exchange. The forecast for total production was the second-highest in 19 years at 56 million mt, up 48% year on year due to a better than expected yield of 3.35 mt/hectare, BAGE said.

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• Saturday, June 15th 2019 - 08:35 UTC

  China's main economic indicators slowing down; more stimulus in the pipeline

  

  China's industrial output growth unexpectedly slowed to a more than 17-year low in May, while investment also cooled, in the latest sign of weakening demand in the world's second-largest economy as United States ramps up trade pressure.

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• Saturday, June 8th 2019 - 07:42 UTC

  Putin and Xi call for a rethinking of the US dollar role in global trade

  

  China's Xi Jinping and Russia's Vladimir Putin hit back at US global economic dominance on Friday as they took the stage together at Russia's showcase business forum.

• Wednesday, June 5th 2019 - 09:41 UTC

  Federal Reserve prepared to cut rates if trade conflicts threaten US economy

  

  Chairman Jerome Powell said on Tuesday that the Federal Reserve is prepared to respond if it decides the Trump administration's trade conflicts are threatening the U.S. economy. Investors read his remarks as a signal that the Fed will likely cut interest rates later this year.

• Wednesday, June 5th 2019 - 09:37 UTC

  Trump bets strongly on Brexit and anticipates a “phenomenal trade deal” with UK

  

  United States President Donald Trump emerged from a meeting on Tuesday with outgoing British Prime Minister Theresa May talking up a “phenomenal trade deal” between the two countries once the United Kingdom leaves the European Union. But he also hinted that any such deal would have to include opening up Britain's cherished National Health Service (NHS) - a proposition certain to stir controversy.

• Monday, June 3rd 2019 - 08:51 UTC

  China ready to fight the US on trade, but the door still open for talks, Beijing defense minister says

  

  China is ready to fight the US on trade but the door is still open for talks, the country's defense minister said on Sunday. “On the trade friction started by the US: if the US wants to talk, we will keep the door open. If they want to fight, we are ready,” General Wei Fenghe told an international security dialogue in Singapore.

• Tuesday, May 28th 2019 - 09:35 UTC

  IMF contradicts Trump: US companies and consumers are paying for the higher tariffs on Chinese imports

  

  Companies in the United States are paying almost all the costs from tariffs on Chinese imports, International Monetary Fund (IMF) researchers said in findings that contradict US President Donald Trump's assertions that China is footing the bill.

• Thursday, May 23rd 2019 - 09:57 UTC

  Markets in the red on Wednesday over concerns with China-US trade dispute

  

  US stocks fell back into the red on Wednesday, putting equities down for three of the last four sessions as investors reacted to reports of possible new US-China trade frictions.

• 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.

• Thursday, May 23rd 2019 - 08:18 UTC

  At least a month before US imposes more tariffs on US$ 300bn of Chinese products

  

  The United States is at least a month from enacting its proposed tariffs on US$ 300 billion in Chinese imports as it studies the impact on US consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.