Trade War
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Trump signals ease in trade tensions with China, global markets to gain
India | June 18, 2019 20:10 ISTIndian markets may gain on Wednesday as US President Donald Trump signaled an easing of US-China trade tensions.
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US ban will cost Huawei $30bn in two years: CEO Ren Zhengfei
Business | June 17, 2019 16:30 ISTIn a dialogue at Huawei's headquarters in Shenzhen with US futurist George Gilder and Nicholas Negroponte, Huawei CEO Ren Zhengfei compared the firm to a "badly damaged" plane, estimating that the company's revenues could miss targets by around $30 billion this year and the next but he expects a revival in 2021.
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Amid US-China trade war, Samsung faces global business Challenges
Business | June 13, 2019 19:26 ISTSamsung Electronics Co. has been facing a double whammy of a weak memory chip and smartphone market, as well as uncertainties from a trade war between the US and China.
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China getting hurt by United Stated tarrifs badly wants a deal with America: Donald Trump
World | June 12, 2019 9:55 IST"We're taking in billions and billions of dollars. Companies are leaving China right now and they're coming here because they don't want to pay the tariffs.
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India calls to lower global trade tensions
India | June 10, 2019 22:45 ISTUnion Minister Piyush Goyal has called for de-escalating trade tensions and reviving confidence in the rules-based multilateral trading system.
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China says door still open for talks with United States over trade war
Business | June 02, 2019 14:17 ISTThe US and China are locked in a bitter, year-long trade dispute which has seen the Trump administration recently boost tariffs on USD 250 billion of Chinese goods.
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Possibility of including Huawei in trade deal with China: Donald Trump
World | May 24, 2019 11:18 IST"I don't know how China can do this because I'll be honest, we are getting hundreds of millions of dollars brought into our country. We've never gotten USD 0.10. We are getting hundreds of billions of dollars coming into our country," said Donald Trump.
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Nike, Adidas urge Donald Trump to end trade war with china
India | May 22, 2019 9:18 ISTIn a letter signed by 170 companies, including Nike and Adidas, they said the President's decision to lift import tariffs to 25 per cent will disproportionately impact the working class, the BBC reported.
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GSP countries to benefit from trade war with China: Report
World | May 15, 2019 6:36 ISTNoting that imports from China, subject to new tariffs, are down significantly, the coalition said countries from which GSP imports of products on China Section 301 lists have increased the most in the first quarter of 2019.
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China rebuffs Trump's threats of more tariffs, vows to fight trade war till end
World | May 14, 2019 18:41 IST"China does not want or wish for a trade war but by no means it is afraid of one. If someone brings war to us we will fight it to the end. We will never succumb to any external pressure. We have the resolve and capability to defend our legitimate legal rights and interests," Geng said
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Trade war: China retaliates with tariff hike on US goods worth USD 60 billion
World | May 13, 2019 21:32 ISTChina on Monday increased tariffs on USD 60 billion worth of US goods in a tit-for-tat to America's move to raise tariffs on USD 200 billion worth of Chinese imports, saying Beijing will not "succumb to foreign pressure".
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US tariffs on Chinese goods to increase after no deal reached
World | May 10, 2019 9:41 ISTThe White House said talks would continue on Friday between top Trump administration officials and Chinese negotiators, said The New York Times.
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Sensex sheds 355 points due to global sell-off, closes below key 38,000-mark
Business | March 25, 2019 16:03 ISTInvestor sentiment dampened after weaker-than-expected economic data from the US and Europe last week stoked fears of a global slowdown. The trade worries between the US and China too added to the worries, brokers said.
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Macro data, global cues to steer markets this week: Analysts
Business | February 10, 2019 11:36 ISTFears of a global economic slowdown have resurfaced after US President Donald Trump said he does not expect to meet his Chinese counterpart Xi Jinping before the March 1 deadline in trade war negotiations between the two superpowers.
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India among countries to benefit from US-China trade war: UN
World | February 05, 2019 21:35 ISTThe US and China are locked in a trade war since President Donald Trump imposed heavy tariffs on imported steel and aluminium items in March last year, a move that sparked fears of a global trade war.
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India among countries to benefit from US-China trade war: United Nations
Business | February 05, 2019 21:10 ISTThe US and China are locked in a trade war since President Donald Trump imposed heavy tariffs on imported steel and aluminium items in March last year, a move that sparked fears of a global trade war.
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Trade war: US, China set to take action against each other as tensions escalate
World | December 13, 2018 11:56 ISTFrom 2011 to 2018, more than 90 per cent of the Department of Justice's cases alleging economic espionage by a state have involved China, and more than two-thirds of trade secret thefts have a nexus to China.
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Trade war will have no winners, says China's President Xi Jinping
India | November 17, 2018 10:26 ISTXi argued that disagreements should be resolved through dialogue and consultation, rather than trying to form "exclusive blocs" or "impose criteria on other countries".
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China no longer in race to supersede US as top economic power, says Donald Trump
World | November 08, 2018 22:38 ISTAddressing a press conference at the White House on Wednesday, Trump said, "China would have superseded us in two years as an economic power; now they are not even close."
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China's economic growth slumps to lowest since 2009
Business | October 19, 2018 17:03 ISTChina's National Bureau of Statistics said the economy saw a growth of 6.5 per cent in the third quarter on a yearly basis, below the expected rate of 6.6 per cent and slower than 6.7 per cent in the second quarter of this year.
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