President Donald Trump said on Friday he was not ready to finalise a trade deal with Beijing and signaled he might cancel talks set for September, raising the stakes in the intensifying US-China trade war.
India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift business out of trade war-hit China, according to a source and a document seen by Reuters.
Boeing Co said that an aircraft order from China could result from any deal to end a year-long trade war between the world’s two largest economies. Speaking to Reuters at the planemaker’s widebody
WASHINGTON: The top US trade negotiator said on Wednesday it is in the interests of China and the United States to have a successful trade pact and he expects to meet with a senior Chinese official ahead of next week’s G20 summit in Japan where President Donald Trump and Chinese President
Current and threatened US-China tariffs could slash global economic growth by 0.5 percentage point in 2020, the International Monetary Fund warned on Wednesday as world finance leaders prepare to meet in Japan this weekend. IMF Managing Director Christine Lagarde said in a blog and briefing note for G20 finance
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation.
Instead of waging a trade war with China, the United States should drop its win-at-all-costs mentality and consider the interests of its own people as well as the global community, the official People’s Daily said
European stocks and US equity futures were higher on Wednesday after a report fuelled optimism about progress in US-China trade talks, offsetting disappointment about the size of potential US interest rate cuts. Global shares had opened weaker after comments by Federal Reserve Chairman Jerome Powell and St. Louis
German Chancellor Angela Merkel said on Friday that China-US trade problems affect the whole world and that she hopes they will be resolved soon.
President Donald Trump’s decision to allow US companies to continue selling to Huawei followed an extensive lobbying campaign by the US semiconductor industry that argued the ban could hurt America’s economic and national security. In multiple high-level meetings and a letter to the Commerce