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TRADE WARS

News About World Trade

7,464 articles

US warns of 'consequences' if China abandons trade deal
May 04, 2020 (AFP)
The comments come amid a sharp drop in global trade caused by the coronavirus pandemic as well as a dispute between the two powers over fault for the spread of ...
Hong Kong economy shrinks record 8.9% in first quarter
May 04, 2020 (AFP)
The financial hub is now experiencing its third-straight quarter of negative growth -- its longest financial downturn since the aftermath of the 2008 global fin...
Macau's casino takings almost wiped out by pandemic impact
May 01, 2020 (AFP)
Figures from the Gaming Inspection and Coordination Bureau showed gross gaming revenue of 754 million patacas ($95 million) last month -- a drop of 97 percent f...
Chinese factory activity slows in face of global pandemic
Apr 30, 2020 (AFP)
While the country ramps up economic production as daily life slowly gets back to normal following weeks of strict lockdown measures, its crucial markets in the ...
EU, China and others kick off workaround for stalled WTO appeals body
Apr 30, 2020 (AFP)
The participants in the arrangement formally notified the World Trade Organization Thursday that the temporary appeals mechanism had entered into force. The "in...
Equities extend gains as lockdowns are eased but dealers cautious
Apr 29, 2020 (AFP)
Traders brushed off more data showing the gaping hole being blown in the global economy that is also seeing companies either pull their earnings reports or prov...
US cites Amazon's foreign platforms over counterfeit goods
Apr 29, 2020 (AFP)
The US Trade Representative's office placed Amazon on the list of retail operations under scrutiny for intellectual property protection. As part of its annual r...
HSBC profits halved as virus batters global economy
Apr 28, 2020 (AFP)
The lender reported pre-tax profits of $3.2 billion, down 48 percent from the same period in 2019, citing credit losses from clients struck by the economic slow...
Asia virus latest: India curbs foreign takeovers; Japanese tulips snipped
Apr 19, 2020 (AFP)
- India curbs 'opportunistic takeovers' of firms - India has increased restrictions on direct foreign investment to curb "opportunistic" takeovers and acquisiti...
EU commissioner slams Europe's 'morbid dependency' on China
Apr 19, 2020 (AFP)
"This crisis has revealed our morbid dependency on China and India as regards pharmaceuticals," Jourova said in a debate on Czech state television. "This is som...
Virus hands China its first economic contraction in decades
Apr 17, 2020 (AFP)
Gross domestic product shrank 6.8 percent in the January-March quarter from the same period a year earlier, according to figures released by the National Bureau...
China suffers historic contraction as virus paralyses economy
Apr 17, 2020 (AFP)
Gross domestic product in the world's second-largest economy fell 6.8 percent in January-March from a year earlier, according to government figures -- a stunnin...
Could virus crisis kill debt-laden US Postal Service?
Apr 17, 2020 (AFP)
But as with many ordinary things as the coronavirus crisis unfolds, the US Postal Service - already compromised by a mountain of debt - has a most uncertain fut...
Trump lays out gradual reopening of US as China faces virus fire
Apr 17, 2020 (AFP)
Trump's new push came as he saw progress in his campaign to pressure China, with fellow Western leaders agreeing that Beijing has not been transparent on the or...
Reeling states leave jobless Americans waiting for help
Apr 16, 2020 (AFP)
"I didn't know what I was going to do," Cooper, 36, told AFP in a phone interview from his home in Atlanta after finally being approved. "It feels like they hea...
EU aims to bar 'predatory' takeovers of weakened firms
Apr 16, 2020 (AFP)
A statement following the discussion held by videolink did not identify potential threats but participants later made it clear China was the main source of conc...
Chinese economy contracts for first time in decades: AFP survey
Apr 15, 2020 (AFP)
The world's second-largest economy tanked in the first three months of the year as factories closed, consumers were compelled to stay home and the virus spread ...
EU looks to apps as way of easing virus lockdown
Apr 15, 2020 (AFP)
That technology aims to spot localised COVID-19 outbreaks in real-time. Already many individual European governments are on the verge of rolling out their own t...
China foreign trade drops as pandemic drags outlook
Apr 14, 2020 (AFP)
Exports fell 6.6 percent in March from a year earlier and imports dropped 0.9 percent, according to Customs data released Tuesday. The contraction was less than...
China, India to narrowly avoid recession in virus-hit 2020: IMF
Apr 14, 2020 (AFP)
The pandemic has hammered the world economy, with millions of jobs lost and businesses shut because of unprecedented lockdown measures to slow the spread of the...
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