Sanctions against Iran & trade war could trigger a surge in crude oil prices up to $120, claim analysts

Sanctions against Iran & trade war could trigger a surge in crude oil prices up to $120, claim analysts

Washington: The experts and analysts in the oil sector have claimed that crude oil rates could rise up to $120 due to the sanctions imposed by the United States on Iran and the trade war in the global economy. The oil supply from Iran has declined since the European and Asian countries have taken steps […]

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China warns that the trade war enforced by the US will slow down the global economy

China warns that the trade war enforced by the US will slow down the global economy

Beijing: China has warned that the intensifying trade war started by the United States will result in a global economic slowdown. The Chinese economic growth rate has seen a decline for the second consecutive quarter, and it is being attributed to the trade war with the United States. US President, Donald Trump has warned of […]

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Against the backdrop of trade war with the US, China and Germany strike multi-billion-dollar trade cooperation deals

Against the backdrop of trade war with the US, China and Germany strike multi-billion-dollar trade cooperation deals

Berlin: While the trade war with the United States is intensifying, China has challenged the United States by establishing independent trade cooperation with Germany. Germany and China have signed a trade deal worth $ 23.5 billion for cars, mobile phones and other sectors and leaders of both the countries have criticised it as cooperation against […]

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International trade war intensifies as Canada imposes taxes on more than 250 US products

International trade war intensifies as Canada imposes taxes on more than 250 US products

Ottawa/Washington: The trade war sparked by President Trump is intensifying by the day. After China and the European Union (EU) targeted the United States by imposing taxes on US products, Canada has now jumped into the fray and imposed tariffs as well. After warning that Canada will not retreat, the Canadian Foreign Minister, Chrystia Freeland […]

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Trade war will trigger worldwide recession, warn Europe and China who have united against the US

Trade war will trigger worldwide recession, warn Europe and China who have united against the US

Beijing: China and the European Union have said that they are firmly against unilateral trade policies and trade protectionism and that the international economy may be hit by recession due to such policies. High level trade discussions between China and the European Union were held in Beijing on Monday. Although Europe and China have indicated […]

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China seeks India’s support against US, as the US-China trade war is underway

China seeks India’s support against US, as the US-China trade war is underway

Beijing: China is expecting support from India once the trade war starts with the United States. The Chinese government daily, Global Times, has suggested that India and China should jointly counter the United States trade policies. This expectation expressed by the Chinese Government mouthpiece, which has consistently been criticising India otherwise, is suggestive and apparently […]

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Trump threatens Europe with trade war too; will impose 20% tariffs on European cars

Trump threatens Europe with trade war too; will impose 20% tariffs on European cars

Washington: The European Union should immediately remove tariffs imposed on the United States as well as barriers in its trade, else 20% tariffs will be slapped on the cars imported from Europe to the United States, warns US President, Donald Trump. He further added that the EU should consider manufacturing cars in the United States […]

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Trade War: US to impose import tariffs on Canada, Mexico & the EU; EU & Canada vow to retaliate

Trade War: US to impose import tariffs on Canada, Mexico & the EU; EU & Canada vow to retaliate

Washington/Paris/Ottawa: US President Donald Trump has decided to impose trade tariffs on its allies, Canada and Mexico as well, along with the European Union. On Thursday, the US Secretary of Commerce Wilbur Ross announced imposition of taxes on the imports of steel and aluminium from Canada and Mexico along with the European Union. There have […]

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The decision of starting a trade war with Europe lies with the United States, warns French Finance Minister

The decision of starting a trade war with Europe lies with the United States, warns French Finance Minister

Paris: ‘The fresh taxes imposed by the United States on the import of Steel and Aluminium from Europe are totally unjust and dangerous for global development. The decision about initiating a trade war with Europe, which is the closest and largest trade partner of the United States, lies entirely with the United States. The United […]

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