90 day truce in the US-China trade war, decision taken in Trump-Jinping meeting during the G-20 summit

90 day truce in the US-China trade war, decision taken in Trump-Jinping meeting during the G-20 summit

Buenos Aires: The US-China trade war that has rocked the world economy since the last six months seems to have taken a temporary break. A decision to that effect was taken in the meeting between US President Trump and Chinese President Jinping against the backdrop of the G-20 summit in Argentina. According to this decision, […]

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US and China issue warning to each other at the APEC over trade war

US and China issue warning to each other at the APEC over trade war

Singapore: It was evident at the APEC meet in Singapore that the flames of the trade war are intensifying on the international stage. Chinese President targeted the United States by talking about trade protectionism and unilateral decisions. Replying to the Chinese allegations, the US Vice President Mike Pence warned that the trade war will be […]

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China faces a fresh impact of the trade war with the US; multinationals initiate withdrawal from China

China faces a fresh impact of the trade war with the US; multinationals initiate withdrawal from China

Beijing: The reports of the US-China trade war affecting the manufacturing sector in China have already been published. Multinational companies have begun the process of withdrawal from China, which is known as the manufacturing hub of the world. These include companies from Japan, Taiwan and the United States. Japanese Panasonic and Taiwanese Pegatron are included […]

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Against the background of the trade war with the US, Chinese economy hit by recession

Against the background of the trade war with the US, Chinese economy hit by recession

Beijing: The claims that the Chinese economy will be the worst affected because of the trade war with the United States seem to be turning into a reality. The Chinese economy is hit by a severe recession because of the trade war triggered by US President Donald Trump. As per the Chinese agencies, the growth […]

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China makes provision for $110 billion to face the trade war with US

China makes provision for $110 billion to face the trade war with US

Beijing: The jolts that the Chinese economy is facing due to the trade war started by the US President Donald Trump, seem to intensifying by the day. The Chinese central bank suddenly, through an independent statement, announced additional financial aid of USD 110 billion to the banking sector. The Chinese economists and analysts claim that […]

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Against the background of the trade war with China and Europe, US and South Korea sign a fresh free trade agreement

Against the background of the trade war with China and Europe, US and South Korea sign a fresh free trade agreement

Washington/Seoul: A free trade agreement boosting the import of US cars, trucks and medicine into South Korea and easing the procedures for the same, was signed on Monday. The agreement gains significance as it is the first bilateral agreement signed by President Trump, since he came to power. President Trump expressed confidence that both the […]

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US will certainly win the trade war with China, asserts US Secretary of State, Mike Pompeo

US will certainly win the trade war with China, asserts US Secretary of State, Mike Pompeo

Washington/Beijing: ‘China was playing a trade war against the United States for many years. The Trump administration has changed it. Many people have termed it as a trade war and the United States has ventured into it only to win. We’re going to get an outcome which forces China to behave in a way that […]

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US still has several ‘bullets’ left to use in the trade war; President Trump warns China

US still has several ‘bullets’ left to use in the trade war;  President Trump warns China

Washington/Beijing: ‘The United States will be imposing 25% tax on the Chinese imports worth $200 billion. If China retaliates we will take a bigger action. The US has more bullets than China for the trade war,’ was the stern warning issued by President Trump. US Secretary of Commerce, Wilbur Ross had recently retorted that China […]

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