China鈥檚 manufacturing backbone feels Trump trade war pinch
Sky-high tariffs imposed on China by US president Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week 鈥� with some fearing business may never return.
Tags : Trade war
US opens door to tariffs on pharma, semiconductors
The United States opened the door on Monday to tariffs targeting high-end technology and pharmaceuticals, feeding the uncertainty gripping the global economy in a trade war that Chinese leader Xi Jinping warned can have 鈥榥o winner.鈥�..
Donald Trump admits trade war 'cost' as markets hit
Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a 'cost' to his surging trade offensive against superpower rival China...
Trump鈥檚 new tariffs take effect
US president Donald Trump鈥檚 punishing tariffs on dozens of economies came into force Wednesday, including 104 per cent in levies against Chinese goods, sending markets into a tailspin again...
Trump鈥檚 crazy trade war
THE Trump tariff shock is going to take a bit of time to sink in, though stock markets worldwide have already sunk. Altogether, 60 countries have been slapped with at least 10 per cent tariffs; those with large trade surpluses with the US will pay a much higher rate. Trump鈥檚 public argument was two-fold: force US trade partners with the highest surpluses to lower their...
Nobody wins in a trade war, says UN chief
UN secretary-general Antonio Guterres has warned that 鈥榥obody wins in a trade war,鈥� according to his spokesperson on Friday...
Major economies vow retaliation as Trump set to unleash tariffs
US president Donald Trump was poised to unveil sweeping new 鈥楲iberation Day鈥� tariffs on Wednesday, but kept the world guessing until the last minute about the scope of an onslaught that could spark a global trade war...
Global outcry as Trump heaps 25pc tariffs on auto imports
World powers on Thursday blasted US president Donald Trump鈥檚 steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies...
Trade war threatens oil demand growth: IEA
Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday...
Canada鈥檚 next PM Carney vows to 鈥榳in鈥� US trade war
Canada鈥檚 incoming prime minister Mark Carney struck a defiant note as the former central banker vowed to win US president Donald Trump鈥檚 trade war, saying his country will 鈥榥ever鈥� be part of the United States...
RMG Businesses eye opportunities amid US-China trade war
The country鈥檚 readymade garment manufacturers said that Bangladesh needs to improve and stabilise its law-and-order situation and business atmosphere to seize the opportunities emerging from the ongoing US-China trade tensions.
China economy gets New Year boost
China鈥檚 sluggish domestic consumption got a boost over the weeklong Lunar New Year holiday, with travel and retail sales聽both offering a slight reprieve to a dragging economy facing the prospect of an escalating US trade war...
EU vows retaliation if Trump starts trade war
EU leaders meeting in Brussels Monday warned there would be no winners in a trade war with the United States, insisting they would hit back if US president Donald Trump imposes tariffs.
European stocks drop on Trump trade war worries
European stock markets mostly retreated Wednesday on concerns Europe could be the next tariffs target for US president-elect Donald Trump, who has announced a tough-negotiating hawk as his trade envoy...
US, China trade warnings during tense visit
Top US and Chinese officials exchanged warnings against stoking regional tensions during a meeting in Beijing on Wednesday, after China became embroiled in security rows with American allies Japan and the Philippines...
Avoid trade war with China, says French minister
France鈥檚 finance minister Bruno Le Maire said Friday the G7 must provide a 鈥榰nited front鈥� against Chinese unfair trade and industrial overcapacity, without sparking a trade war...