Tuesday, 23 April 2019

Tag Archives: US

Ford’s Sale Slump After US Tariffs on Chinese Products

BEIJING: Ford Motor’s <F.N> China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst-ever first half, as buyers shunned its aging models that are awaiting overhauls and flocked to rivals. The U.S. automaker announced on Friday it sold 62,057 vehicles in China in ...

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No breakthrough in Iran nuclear talks

VIENNA: World powers and Iran appeared to make no concrete breakthrough in talks to provide Tehran with an economic package to compensate for US sanctions that begin taking effect in August. Ministers from Britain, China, France, Germany and Russia met their Iranian counterpart in Vienna for the first time since US ...

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Trade wars: Trump loads first volley against China

Steep American tariffs on Chinese goods worth tens of billions of dollars are due to take effect when the clock strikes twelve on Thursday night, as US President Donald Trump fires the first salvo in a trade war between the world’s top two economies. China has vowed to respond “immediately”, ...

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China presses Europe for anti-US alliance on trade

BRUSSELS: China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade policies at a summit later this month but is facing resistance, European officials said. In meetings in Brussels, Berlin and Beijing, senior Chinese officials, including Vice Premier Liu He and ...

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US aims to reduce Iran’s oil revenue to zero

The US State Department has spelled out a campaign of “maximum economic and diplomatic pressure” to drive Iran towards negotiating a “better” deal to replace the Iran nuclear deal. State Department Director of Policy Planning Brian Hook told reporters on Monday that Iran is not a “normal” country and must ...

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Pakistan needs to do more: US

KABUL: Calling on Pakistan to exert more pressure on the militants, the Trump administration has said that the Taliban’s failure to engage in talks to end Afghanistan’s nearly 17-year conflict was “unacceptable”. During a recent visit to Kabul, two weeks after a ceasefire triggered street celebrations, US envoy Alice Wells ...

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Beijing eases investment curbs as clash with US looms

BEIJING: China is ending limits on foreign ownership in auto manufacturing, insurance and other fields but didn’t directly address complaints about trade and technology that are fueling conflict with Washington. The change, announced late on Thursday, had been sought by Washington, Germany and other trading partners. They complain Beijing blocks ...

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Canada hits back at US on tariffs, says it will not back down

OTTAWA: Canada struck back at the Trump administration over US steel and aluminium tariffs on Friday, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) worth of American goods until Washington relents. The announcement by Foreign Minister Chrystia Freeland marks a new low in ties between the neighbors and ...

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Nikki Haley tells Modi to cut Iranian oil use

US Ambassador to the United Nations Nikki Haley told India’s Prime Minister Narendra Modi it was important India cut Iranian oil use, but said the United States would work to allow India to use an Iranian port as corridor to Afghanistan. “Sanctions are coming (on Iran) and we’re going forward ...

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US, Russia agree to Putin-Trump summit

  MOSCOW: Russian President Vladimir Putin agreed to hold a summit with Donald Trump in a third country at talks on Wednesday with the US leader’s hawkish national security advisor, voicing hope for an easing of tensions between the two nations. Adviser John Bolton was received in Moscow with top ...

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