Advertisements


Trump Trade War: Canada retaliates with $12.6B tariffs on U.S. goods

In this file photo, Canadian Prime Minister Justin Trudeau speaks during a news conference in Ottawa, Ontario. Canada announced Friday, June 29, billions of dollars in retaliatory tariffs against t.....»»

Category: newsSource: philippinetimes philippinetimesJul 3rd, 2018

Asian markets sink as global trade concerns return

Hong Kong — Asian markets started Monday on a negative note as trade tensions returned to the fore with Donald Trump eyeing fresh tariffs on a swathe of Chinese goods and NAFTA talks with Canada hitting a wall. The optimism that flowed through trading floors at the start of last week has been replaced by […] The post Asian markets sink as global trade concerns return appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 3rd, 2018

Asian markets sink as global trade concerns return

Asian markets started Monday on a negative note as trade tensions returned to the fore with Donald Trump eyeing fresh tariffs on a swathe of Chinese goods and NAFTA talks with Canada hitting a wall. The optimism that flowed through trading floors at the start of last week has been replaced by a now-familiar sense of dread after the US president hit out at Ottawa over the weekend as the two sides struggle to hammer out a new deal. In a tweet over the weekend, Trump threatened to exclude Canada from a new North American Free Trade Agreement after negotiations to rewrite the 25-year-old pact ended without an agreement Friday. He said there was "no political necessity to keep Canada...Keep on reading: Asian markets sink as global trade concerns return.....»»

Category: newsSource:  inquirerRelated NewsSep 3rd, 2018

Stock markets mixed as investors remain cautious over new trade deals

Stock markets traded mixed on Wednesday with investors moving cautiously as they gauge possible headwinds from the latest trade deal developments. New York on Tuesday provided another record lead on lingering optimism after the United States and Mexico agreed on a revised free-trade deal and Canada began talks that could see it join them. However, while the news was seen as a much-needed boost after US President Donald Trump threatened to tear up the North American Free Trade Agreement when he took office, concerns remain about his tariffs row with China that has rattled markets for months. Washington could soon also impose levies on $200 billion of Chinese goods, which would co...Keep on reading: Stock markets mixed as investors remain cautious over new trade deals.....»»

Category: newsSource:  inquirerRelated NewsAug 29th, 2018

Canadians defiant of Trump, boycotts, nuclearization urged

OTTAWA, Canada -- US President Donald Trump’s trade threats and bellicose diplomacy is being met on America’s northern frontier with boycotts of US goods and travel, and even a call for nuclearization. The grassroots backlash reflects the angry mood that has set in since Trump slapped punishing US tariffs on….....»»

Category: newsSource:  journalRelated NewsJun 21st, 2018

Trump OKs tough tariffs on China; Beijing retaliates

WASHINGTON---US President Donald Trump on Friday announced tariffs of 25 percent targeting tens of billions in Chinese imports, sparking immediate retaliation from Beijing and bringing the world's two largest economies to the brink of an all-out trade war feared by markets and industry.   Making good on a pledge to punish the alleged theft of American intellectual property, Trump warned in a statement of "additional tariffs" if China hits back with tit-for-tat duties on American goods and services exports.   At least initially, though, the new tariffs will not cover the full $50 billion in trade that the White House had threatened in March.   US Trade Rep...Keep on reading: Trump OKs tough tariffs on China; Beijing retaliates.....»»

Category: newsSource:  inquirerRelated NewsJun 16th, 2018

Trade war looms as US tariffs roil G7 meet

The world's largest economies stood at the precipice of an all-out trade war on Thursday as major United States allies announced retaliation against stinging steel and aluminum tariffs that are due to take effect in the coming hours.   President Donald Trump's decision on Thursday not to extend exemptions for Canada and the European Union -- the largest US sources of foreign aluminum and steel respectively -- upended the agenda for talks among Group of Seven (G7) foreign ministers underway in Canada.   As Brussels, Ottawa, and Mexico City vowed to impose counter-tariffs on billions in US goods, France said it would not negotiate while the tariffs were in effect, and...Keep on reading: Trade war looms as US tariffs roil G7 meet.....»»

Category: newsSource:  inquirerRelated NewsJun 1st, 2018

China vows to hit back as US hikes tariffs anew

WASHINGTON, D.C.: China on Tuesday vowed to retaliate against the United States and warned of “uncertainty” in trade talks after US President Donald Trump targeted another $200 billion in Chinese imports with tariffs starting next week. Trump ratcheted up pressure on Beijing as the new round of levies will bring the amount of goods hit… link: China vows to hit back as US hikes tariffs anew.....»»

Category: newsSource:  manilainformerRelated NewsSep 19th, 2018

China vows to hit back as US hikes tariffs anew

WASHINGTON, D.C.: China on Tuesday vowed to retaliate against the United States and warned of “uncertainty” in trade talks after US President Donald Trump targeted another $200 billion in Chinese imports with tariffs starting next week. Trump ratcheted up pressure on Beijing as the new round of levies will bring the amount of goods hit [...] The post China vows to hit back as US hikes tariffs anew appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 19th, 2018

US trade policy at a crossroads with Canada, China

President Donald Trump's trade policy faces a key crossroads on Thursday, as officials try to reach a deal with Canada, and he will decide whether to impose a huge wave of new tariffs on China.....»»

Category: newsSource:  philippinetimesRelated NewsSep 6th, 2018

Global stock markets wobble on trade, currency worries

Global stock markets wobbled Friday as US President Donald Trump eyed further tariffs even as roadblocks emerged on striking a key trade deal with Canada. Meanwhile, US stocks were essentially flat.....»»

Category: newsSource:  philippinetimesRelated NewsSep 1st, 2018

Asian markets in reverse as China-US trade row returns

Asian markets sank Friday as the China-US trade row burst back into view with a report that Donald Trump wants to impose tariffs on $200 billion of goods as early as next week. After starting the w.....»»

Category: newsSource:  philippinetimesRelated NewsAug 31st, 2018

US, China hike tariffs even as both hold talks

BEIJING: The United States slapped steep tariffs on another $16 billion in Chinese goods on Thursday, triggering a swift tit-for-tat retaliation from Beijing, even as negotiators from both sides seek to soothe trade tensions. The latest action completes the first round of $50 billion in Chinese products that President Donald Trump targeted with Beijing striking [...] The post US, China hike tariffs even as both hold talks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 23rd, 2018

Trump doesn’t expect much from China trade talks this week

WASHINGTON — US President Donald Trump does not expect much progress from trade talks with China this week in Washington, he told Reuters on Monday. Trump said in an interview that he had “no time frame” for ending the trade dispute with China, which threatens to impose tariffs on virtually all goods traded between the […].....»»

Category: newsSource:  interaksyonRelated NewsAug 21st, 2018

U.S. firms to Trump: Don’t hike tariffs on more Chinese goods

WASHINGTON, DC--- Fishermen off the Alaskan coast. A Florida maker of boat trailers. A building materials distributor in Tennessee. Those and hundreds of other American businesses are delivering the same plea to President Donald Trump as he considers imposing tariffs on nearly 40 percent of imported Chinese goods: Don't do it. The Trump administration will hold six days of hearings starting Monday in Washington on the next barrage in an escalating trade war between the world's two largest economies: Trump's proposed tariffs of 10 percent to 25 percent on $200 billion in Chinese goods that could kick in as early as next month. Once in effect, the tariffs would immediately ...Keep on reading: U.S. firms to Trump: Don’t hike tariffs on more Chinese goods.....»»

Category: newsSource:  inquirerRelated NewsAug 20th, 2018

China says tariff threat against U.S. justified

SINGAPORE, Singapore – China's foreign minister said Saturday, August 4 that his country's threat to impose retaliatory tariffs on $60 billion of American goods  in an escalating trade spat was "fully justified".  Beijing threatened Friday, August 3, to bring in the levies on products ranging from beef to condoms, after US President Donald Trump's ........»»

Category: newsSource:  rapplerRelated NewsAug 4th, 2018

US dollar down on as Trump makes fresh threats vs China

The dollar dropped against the euro as comments by US President Donald Trump risked ratcheting up trade war tensions, while stocks diverged. Artjom Hatsaturjants, research analyst at Accendo Markets, said "market sentiment soured on President Trump criticising the Fed for hiking rates and threatening to go 'whole hog' on imposing tariffs on all $500 billion of Chinese imports to the US, further inflaming global trade tensions and putting at risk central bank independence". In an interview with CNBC television broadcast Friday, Trump threatened to slap all Chinese imported goods with tariffs, risking an escalation in global trade war tactics. "I'm ready to go 500," the Republican...Keep on reading: US dollar down on as Trump makes fresh threats vs China.....»»

Category: newsSource:  inquirerRelated NewsJul 20th, 2018

US challenges China, EU and others at WTO over steel tariffs

The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization for retaliating against American tariffs on imported steel and aluminum. Source link link: US challenges China, EU and others at WTO over steel tariffs.....»»

Category: newsSource:  manilainformerRelated NewsJul 17th, 2018

Trade Wars: Trump loads decisive volley against China

Steep American tariffs on Chinese goods worth tens of billions of dollars are due to take effect at midnight Thursday, as US President Donald Trump fires the decisive salvo in a trade war between the world’s top two economies. Beijing has vowed to retaliate dollar-for-dollar, “immediately” imposing counter-tariffs on American exports despite warnings the burgeoning […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 6th, 2018

Trump says US tariffs could be applied to Chinese goods worth $500 billion

WASHINGTON/BEIJING — President Donald Trump said on Thursday the United States may ultimately impose tariffs on more than a half-trillion dollars’ worth of Chinese goods as the world’s two largest economies hurtled toward the start of a trade war. Trump confirmed that the United States would begin collecting tariffs on $34 billion in Chinese goods at […].....»»

Category: newsSource:  interaksyonRelated NewsJul 6th, 2018

Trump fires first salvo in trade war versus China

WASHINGTON: Steep American tariffs on Chinese goods worth tens of billions of dollars took effect when the clock struck twelve Thursday night as US President Donald Trump fired the first salvo in a trade war between the world’s top two economies. This file photo taken on May 19, 2018 shows a worker welding steel at… link: Trump fires first salvo in trade war versus China.....»»

Category: newsSource:  manilainformerRelated NewsJul 5th, 2018