Chinese companies in the US under pressure due to the US-China trade war; AmCham China report

Chinese companies in the US under pressure due to the US-China trade war; AmCham China report

Beijing/Washington: The American Chamber of Commerce in China has warned that there is an atmosphere of fear, among the US companies in China, because of the import taxes imposed by President Trump and the action taken against Huawei. The American Chamber of Commerce, in its report, has said that the trade of nearly 200 US […]

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United States withdraws special trade status designated to Turkey ; an attempt to build pressure on S400 Missile system issue

United States withdraws special trade status designated to Turkey ; an attempt to build pressure on S400 Missile system issue

Washington/ Ankara: United States is disappointed with Turkey on the issue of the S400 Missile system; as a consequence, it has withdrawn special trade status assigned to Turkey. Considering the trade and economic progress between the United States and Turkey, this privilege has been, and the implementation of the same has been done with immediate […]

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China will have to pay the price for violating the trade agreement; threatens US President Donald Trump

China will have to pay the price for violating the trade agreement; threatens US President Donald Trump

Washington/Beijing: US President Trump threatened to intensify the trade war saying ‘China will have to pay the price as it has violated the trade agreement with the United States.’ A severe reaction has been received from China against the threat issued by Trump and China has said that it was fully equipped to safeguard its […]

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US-China trade war threatens global economy: International Monetary Fund

US-China trade war threatens global economy: International Monetary Fund

Washington: ‘The International Monetary Fund feels that the trade tensions should be resolved to the satisfaction of everyone. It assumes significance against the background of the currently raging US-China trade war, as it has threatened the global economy,’ the IMF chief Christine Lagarde warned. At the same time, she cautioned both, the United States and […]

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China says will not negotiate with the US on trade talks ‘with a gun pointed its head’ after Trump announced new tariffs

China says will not negotiate with the US on trade talks ‘with a gun pointed its head’ after Trump announced new tariffs

Washington: President Trump announced new tariffs on Chinese goods saying that the United States is suffering a loss of $500 billion per year in the trade with China and the United States would not tolerate it henceforth. The blow Trump delivered at a time when the US-China trade negotiations are in the final phases had […]

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US will declare a trade war against the European Union over the issue of tax on Harley-Davidson, threatens President Trump

US will declare a trade war against the European Union over the issue of tax on Harley-Davidson, threatens President Trump

Washington/Brussels: Claiming that the Harley Davidson company is suffering major losses because of the taxes imposed on its motorcycles,by the European Union, President Trump threatened to initiate a trade war against the Union, in retaliation. Only two weeks ago, President Trump had warned of imposing taxes worth billions of dollars, against the European Union. This […]

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Japan and the US hold independent talks with China against the background of economic slowdown and trade war

Japan and the US hold independent talks with China against the background of economic slowdown and trade war

Tokyo/Beijing/Washington: The major agencies of the world have been warning that the global economy has been heading towards a recession. This recession could hit all the major economies of the world, and all the concerned countries have initiated measures to counter the threat. Japan, the third largest economy of the world has started taking rapid […]

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China increases gold purchase, takes its reserves to 1,874 tonnes amid the trade war with the US

China increases gold purchase, takes its reserves to 1,874 tonnes amid the trade war with the US

Beijing: Against the backdrop of repeated jolts received by the economy and the uncertainty in the trade war with the United States; China has increased its Gold purchases. The Chinese Central Bank has purchased Gold for the third successive month, taking the total official gold holdings to 1,874 Tonnes. This consistent purchase of gold by […]

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Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Beijing: Analysts have claimed that the challenges faced by Chinese President Xi Jinping are increasing because of the slide in the economy, trade war with the United States and the international criticism on the issues of Huawei and Xinjiang. Meeting of the ruling Communist party started on Sunday, and the parliamentary session is scheduled to […]

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