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TRADE WARS

News About World Trade

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Europe steps up reopening, unveils plans for summer travel
May 13, 2020 (AFP)
Britain followed France, Italy and Spain in easing its lockdown but only in England, where people were given more freedom to leave their homes and return to the...
China exempts more US goods from tariffs as virus hits economy
May 12, 2020 (AFP)
The list of goods, posted online by the Customs Tariff Commission of the State Council, includes medical disinfectant, rare-earth metal ores, and some silicon w...
Stocks down on fears over second wave as lockdowns ease
May 12, 2020 (AFP)
As some of the worst-hit countries including Spain, Italy and France take heart from slowing death and infection rates, they are gradually allowing businesses t...
US Senate threatens sanctions on China over COVID-19 accounting
May 12, 2020 (AFP)
"The Chinese Communist Party must be held accountable for the detrimental role they played in this pandemic," said Senator Jim Inhofe, one of the sponsors of th...
China factory prices plunge as virus hammers demand
May 12, 2020 (AFP)
The producer price index (PPI) -- which reflects what factories charge wholesalers -- dropped again, fuelling concern among analysts about the post-pandemic rec...
China cuts Australian beef imports after warning over virus probe
May 12, 2020 (AFP)
Analysts said the move raised concerns of a possible standoff between Australia and its most important trading partner that could spill over into other crucial ...
Stocks rally as restrictions are eased and death rates drop
May 11, 2020 (AFP)
However, observers warned that with the outlook still murky traders could be getting ahead of themselves, while there are concerns of a second wave hitting Sout...
Trump rules out renegotiating China trade deal
May 11, 2020 (AFP)
"I'm not interested in that," Trump told reporters when asked about reports that China was looking to reopen talks about the trade deal signed in January. "Not ...
China, US commit to implement trade deal despite virus row
May 08, 2020 (AFP)
Vice Premier Liu He, who had led Beijing's negotiations, held a call in the morning with US Trade Representative Robert Lighthizer and Treasury Secretary Steven...
Stocks rally as reopening, easing China-US tensions beat bad data
May 08, 2020 (AFP)
Some of the world's biggest economies are in contraction, factory production has collapsed, hundreds of millions of jobs have been destroyed and numerous compan...
Asia equities turn negative as virus economic reality bites
May 07, 2020 (AFP)
With countries from Asia-Pacific to Europe and US states reopening their shattered economies, global equities have enjoyed a strong revival after crashing in Ma...
US jobless claims begin decline, but still high at 3.2 mn
May 07, 2020 (AFP)
The latest data from the Labor Department brings the number of claims filed since mid-March, when the pandemic forced businesses to close their doors to stop th...
Stock markets rise on easing lockdowns and China exports
May 07, 2020 (AFP)
Major Wall Street indices gained around one percent or more, a rise comparable to the advances seen at the closing bell across Europe. China's exports saw a sur...
China exports see surprise 3.5% jump in April, imports fall
May 07, 2020 (AFP)
But analysts warned of weakness ahead as key markets suffer downturns, as well as the brewing threat of a renewed trade war with the United States. Imports fell...
Grim and getting worse: US set for historic unemployment surge
May 06, 2020 (AFP)
In the US economy, skyrocketing unemployment is the most-visible sign of the devastation: almost overnight, at least 30 million workers lost their jobs. The Apr...
Stocks advance as virus restrictions are eased
May 06, 2020 (AFP)
While a string of data highlighted the calamity visited upon the global economy by COVID-19, a slowdown in both infections and deaths in some nations is allowin...
EU faces historic recession as China, US spar over virus origins
May 06, 2020 (AFP)
The grim prediction from Brussels came as Germany -- Europe's biggest economy -- unveiled plans for a near-return to normality, with fresh data revealing the ex...
Facebook-backed Libra appoints chief executive
May 06, 2020 (AFP)
Levey, who has most recently been chief legal officer at HSBC Holdings, will lead the group founded by Facebook to manage a global digital payments system. Leve...
Equities tumble as Trump revives trade war fears
May 04, 2020 (AFP)
Claims by the US president and Secretary of State Mike Pompeo that the disease started in a lab in Wuhan, and that those responsible would be held to account, o...
Equities tumble in Asia as Trump revives trade war fears
May 04, 2020 (AFP)
Claims by the US president and Secretary of State Mike Pompeo that the disease started in a lab in Wuhan, and that those responsible would be held to account, o...
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