Tag: trade war

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.
Monday, January 13th 2020 - 08:42 UTC
All ready to sign US/China Phase 1 trade deal, following lengthy translation process

China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, US Treasury Secretary Steven Mnuchin said on Sunday.
Friday, January 10th 2020 - 09:52 UTC
US/China second phase trade negotiations results after presidential election, Trump warns

Negotiations for the second phase of a pending US-China trade deal will begin promptly but the outcome may wait until after this year's elections, President Donald Trump said on Thursday.
Thursday, January 9th 2020 - 09:49 UTC
Brazil after other markets if US and China agree on farm deal, mainly soybeans

Brazil could lose some recent gains it made in the global soy market during the US-China trade war if those two countries reach a deal to end their dispute, a Brazilian Agriculture Ministry official said on Wednesday.
Thursday, January 2nd 2020 - 08:52 UTC
US/China Phase One trade deal to be signed 15 January at the White House

A partial new US-China trade agreement will be signed in the middle of next month, US President Donald Trump said, announcing that he will also then travel to China for continued talks.
Tuesday, December 24th 2019 - 09:59 UTC
Beijing pledges to purchase US$ 40bn of US agricultural products per year

China will make good on a pledge to purchase more than US$40 billion per year of U.S. agricultural products under the recently agreed Phase 1 trade deal between the two countries, China’s top agriculture consultancy said on Friday.
Friday, December 13th 2019 - 03:00 UTC
US and China closer to striking final trade deal: end of uncertainty for investors foreseeable

The United States have reached a phase one trade deal with China, unofficial White House sources leaked to the press Thursday, pending approval from President Donald Trump.
Tuesday, December 3rd 2019 - 08:52 UTC
US react to French digital services tax threatening with duties on champagne and cheese

The U.S. government on Monday said it may slap punitive duties of up to 100% on US$2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies.