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Topic: trade-war

The US-China trade war: where are we now?

The US-China trade war: where are we now?

Delphine Touitou, Agence France-Presse
Posted at Dec 13 05:02 AM

The United States and China on Thursday reportedly struck a bargain on trade, that would cancel a fresh round of a tariffs on $160 billion in Chinese imports due to kick in on Sunday. Read more »

Rate cuts good, but 'clarity' over global issues better for business: Citi CEO

Rate cuts good, but 'clarity' over global issues better for business: Citi CEO

Cathy Yang, ABS-CBN News
Posted at Dec 11 05:44 PM

As central banks around the world cut interest rates to boost their economies, the head of one of the world's largest financial companies said interest rates can only do so much and businesses want "clarity" more.  Read more »

Asian shares adrift as tariff deadline looms

Asian shares adrift as tariff deadline looms

Tom Westbrook, Reuters
Posted at Dec 11 10:01 AM

Investors are beginning to suspect that even if US tariffs due to take effect on Sunday are delayed, it may be 2020 before Washington and Beijing can agree a broader rapprochement.   Read more »

ADB cuts growth views for China, developing Asia as trade war bites

ADB cuts growth views for China, developing Asia as trade war bites

Reuters
Posted at Dec 11 09:53 AM

The bank trimmed its growth forecast for developing Asia to 5.2 percent in 2019 and 2020, the Manila-based lender said in an updated annual outlook report, from 5.4 percent and 5.5 percent previously. Read more »

FDI net inflows down 36.9 pct in Jan-Sept

FDI net inflows down 36.9 pct in Jan-Sept

ABS-CBN News
Posted at Dec 10 11:32 PM

The Philippines booked $556 million in net inflows of foreign direct investments in September, lower by 2.9 percent compared to the same month in 2018.    Read more »

Trump calls for World Bank to stop loaning to China

Trump calls for World Bank to stop loaning to China

Reuters
Posted at Dec 07 10:11 AM

US President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington's objections. Read more »

China to waive tariffs on some US soybeans, pork in goodwill gesture

China to waive tariffs on some US soybeans, pork in goodwill gesture

Dominique Patton and Yawen Chen, Reuters
Posted at Dec 07 08:10 AM

The tariff waivers were based on applications by individual companies, the finance ministry said in a statement, citing a decision by the country's Cabinet without specifying the quantities involved. Read more »

Asian shares gain as Trump fuels trade deal optimism

Asian shares gain as Trump fuels trade deal optimism

Tomo Uetake and Hideyuki Sano, Reuters
Posted at Dec 06 12:42 PM

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 percent and Japan's Nikkei added 0.3 percent. Read more »

Huawei again sues US over product ban

Huawei again sues US over product ban

Kyodo News
Updated as of Dec 05 04:12 PM

Huawei Technologies Co. said Thursday that it has sued the US government over its latest attempt to blacklist the Chinese telecommunication giant from the American market on the grounds of national security concerns. Read more »

Asian stocks inch up on trade outlook but markets remain wary

Asian stocks inch up on trade outlook but markets remain wary

Stanley White, Reuters
Posted at Dec 05 10:43 AM

The fluid situation around Sino-US trade negotiations has cast a pall on financial markets heading into Christmas, with major economies grappling under the weight of weak exports, investments and corporate profits. Read more »

US House passes Uighur bill urging sanctions on Chinese officials

US House passes Uighur bill urging sanctions on Chinese officials

Agence France-Presse
Posted at Dec 04 12:53 PM

The legislation adds to tensions between the two superpowers just as they are locked in negotiations to finalize a "phase one" deal to resolve their protracted trade war.   Read more »

France fights back over US tariff threat to champagne, cheese

France fights back over US tariff threat to champagne, cheese

Sudip Kar-Gupta and Leigh Thomas, Reuters
Posted at Dec 04 09:56 AM

The threat of punitive tariffs followed a US government investigation that found a new digital services tax in France would harm US technology companies, and will intensify a festering trade dispute between Europe and the United States. Read more »

World markets rattled as Trump says no trade deadline

World markets rattled as Trump says no trade deadline

Agence France-Presse
Posted at Dec 03 08:53 PM

Global equities mostly retreated Tuesday after US President Donald Trump warned there was no deadline for doing a trade deal with China. Read more »

Trump says China trade deal might have to wait for 2020 election

Trump says China trade deal might have to wait for 2020 election

Steve Holland, Reuters
Posted at Dec 03 08:45 PM

US President Donald Trump said a trade agreement with China might have to wait until after the US presidential election in November 2020, denting hopes of a quick resolution to a dispute that has weighed on the world economy. Read more »

Fighting extradition, Huawei CFO writes of 'moments of fear’

Fighting extradition, Huawei CFO writes of 'moments of fear’

Dan Bilefsky, The New York Times
Posted at Dec 03 09:34 AM

The daughter of Huawei founder Ren Zhengfei has written a reflective, sometimes plaintive letter describing her year in detention in Vancouver. Read more »

World stocks stall as US-China tensions flare again

World stocks stall as US-China tensions flare again

Sujata Rao, Reuters
Posted at Nov 29 08:22 AM

Fading hopes of a rapprochement between the world's two biggest economies before additional, potentially damaging tariff hikes kick in has lowered risk appetite, pushing the benchmark German 10-year government yield to its lowest since Nov. 1. Read more »

Top US retailers absorb tariff pressure ahead of holiday shopping season

Top US retailers absorb tariff pressure ahead of holiday shopping season

Nandita Bose, Reuters
Posted at Nov 28 10:42 PM

Prices for electronics sold online at top US retailers were up slightly heading into the critical US shopping season, but sites including Walmart Inc and Amazon.com Inc have held prices steady for many other popular holiday products despite the pressure from tariffs on Chinese imports. Read more »

Asian shares climb on prospects of trade progress, low rates

Asian shares climb on prospects of trade progress, low rates

Andrew Galbraith, Reuters
Posted at Nov 27 09:27 AM

The positive mood pushed Wall Street indexes to fresh record closing highs on Tuesday and stoked confidence in early Asian trade with MSCI's broadest index of Asia-Pacific shares outside Japan up 0.14 percent. Australian shares added 0.46 percent and Japan's Nikkei rose 0.41 percent.   Read more »

US-China trade deal close, Trump says; negotiations continue

US-China trade deal close, Trump says; negotiations continue

Andrea Shalal and Kevin Yao, Reuters
Posted at Nov 27 08:41 AM

Trump said Washington was in the "final throes" of work on a deal that would defuse a 16-month trade war with Beijing, but also underscored Washington's support for protesters in Hong Kong, a potential huge sore point with China. Read more »

China summons US envoy to protest Hong Kong rights bill

China summons US envoy to protest Hong Kong rights bill

Reuters
Posted at Nov 26 12:16 PM

US President Donald Trump is expected to sign that bill and one other relating to Hong Kong into law, despite delicate trade talks with Beijing.   Read more »

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