Tag: trade war

• Thursday, November 15th 2018 - 09:01 UTC

  Argentina becomes a major importer of US soybeans

  

  The world of soybean shipping has turned upside down thanks to the ongoing U.S.-China trade war. Argentina, the No. 3 global soy grower, is making major purchases of U.S. supplies. A weekly measure of US shipments to Argentina just rose to the highest in at least 35 years, U.S. government data showed Tuesday.

• Friday, November 9th 2018 - 08:41 UTC

  China exports and surplus remain strong while imports started to pick up

  

  China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. Import growth also defied forecasts for a slowdown, suggesting Beijing’s growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt.

• Thursday, November 8th 2018 - 08:33 UTC

  Blair calls for a second Brexit referendum: the great nations of Europe must stick together

  

  Leaving the European Union without a deal would be “absurd” and the whole process of Brexit can still be stopped, Tony Blair has claimed. The former prime minister said the British people should be given the chance to vote again on whether to remain in the EU because otherwise they faced either a “pointless” or a “painful” version of Brexit.

• Thursday, November 8th 2018 - 08:30 UTC

  Macron calls on leaders for a “true European Army” to protect EU from China, Russia...and US

  

  French President Emmanuel Macron has warned that Europeans cannot be protected without a “true, European army”, as he marks the centenary of the World War One Armistice.

• Wednesday, November 7th 2018 - 08:43 UTC

  US and China agree to a top level meeting next Friday to ease bitter disputes

  

  The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China’s vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute.

• Friday, November 2nd 2018 - 08:51 UTC

  US justice indicts Chinese individuals and companies for stealing US companies trade secrets

  

  US justice department has indicted three individuals and two companies based in China and Taiwan for allegedly stealing a US company's trade secrets. This is the fourth economic espionage case the department has brought against Chinese-based companies and individuals since September.

• Wednesday, October 31st 2018 - 08:52 UTC

  Beijing concerned a weaker Yuan could further trigger trade war with the U.S.

  

  The Chinese Yuan weakened to a decade low on Tuesday on concerns over China's slowing economy and the US trade war, but Beijing was expected to prevent it breaking the psychologically important 7 Yuan per dollar barrier. The Yuan drifted past 6.96 to the dollar, hitting its weakest levels since May 2008.

• Wednesday, October 24th 2018 - 08:55 UTC

  Trump-Xi summit in Buenos Aires next month announced the White House

  

  President Trump and his Chinese counterpart Xi Jinping will meet at the G-20 summit in Argentina next month, the White House announced on Tuesday, amid an escalating trade war between the world’s two largest economies. The G-20 Summit, comprising top 20 economies of the world, including India, is scheduled to take place in Buenos Aires in Argentine on November 30 and December 1.

• Saturday, October 20th 2018 - 08:33 UTC

  China's growth cools to its weakest since the global financial crisis

  

  China's economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the United States began to bite.

• Thursday, October 18th 2018 - 08:24 UTC

  Despite grumblings, US refrains from labeling China a “currency manipulator”

  

  United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.