Saturday, 20 July 2019

Tag Archives: US-China trade deal

Samsung may gain from Huawei’s plight in ongoing trade war: Fitch

SOUL: Samsung may have a chance to strengthen its position in the smartphone market due to the hurt caused to Huawei Technologies in the wake of US-China trade tensions, according to Fitch Ratings. Tech companies, including Google and SoftBank Group-owned chip designer ARM, have said they will cease supplies and ...

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China hikes tariffs on US goods after Trump warning

BEIJING: China said it would impose higher tariffs on most U.S. imports on a revised $60 billion target list, hitting back at a tariff hike by Washington on $200 billion of Chinese goods in a further escalation of a bitter trade war. The retaliation comes as U.S. President Donald Trump ...

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Oil rallies on hopes for Washington-Beijing trade deal

SYDNEY: U.S. oil prices rose on renewed optimism that a trade deal between Washington and Beijing could be struck, as investors have been fearing that a protracted tariff war would harm global economic growth. Brent crude futures were at $70.85 a barrel at 0021 GMT, up 48 cents, or 0.7 ...

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