Thursday, 2 December 2021

Tag Archives: trade war

US-China trade war enters new phase

WASHINGTON/BEIJING: President Donald Trump on Monday effectively broadsided one of the world’s largest trade relationships, announcing plans to proceed with tariffs on another $200 billion in US imports of Chinese goods. Taken with the $50 billion in tariffs already in place, this means roughly half of everything Americans buy from ...

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Trump tells Apple to make products in US to avoid China tariffs

WASHINGTON: US President Trump tweeted that Apple Inc should make products inside the United States if it wants to avoid tariffs on Chinese imports, Reuters reported. The company told trade officials in a letter on Friday that the proposed tariffs would affect prices for a “wide range” of Apple products, including ...

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China delegation will visit U.S. to address trade war

China’s commerce ministry said it will send a delegation to the United States this month for talks aimed at easing the contentious trade war. Commerce Vice-Minister Wang Shouwen will lead the delegation to meet U.S. Treasury Undersecretary David Malpass, to discuss “economic and trade issues” at the invitation of the ...

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Trade war: US lists next $200 bn Chinese goods to face tariffs

WASHINGTON: The United States late Tuesday announced it was starting the process to slap 10 percent tariffs on another $200 billion in Chinese export goods as soon as September, escalating the trade war between the world’s two largest economies. President Donald Trump vowed to hit back on a growing list ...

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Asian markets rise as China and US agree to avert trade war

BEIJING: Asian markets rallied Monday and the dollar extended gains after the US and China said they had agreed to hold off imposing tariffs, averting a potentially damaging trade war . After high-level talks in Washington the two economic superpowers revealed a deal had been hammered out, ending months of ...

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Russia: New sanctions a ‘fully-fledged trade war’

MOSCOW: The US has actually declared trade war on Russia by tightening sanctions against it, Russian Prime Minister Dmitry Medvedev said in a Facebook post. He is confident that these measures will have no sense and that Russia, nevertheless, will be able to develop. “A full-fledged trade war has been ...

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