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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Europe will give a fitting reply to US tariffs, warns Europe’s trade chief

Europe will give a fitting reply to US tariffs, warns Europe’s trade chief

Washington: Cecilia Malmstrom, the European Commissioner for Trade issued a stern warning to the United States, ‘If US President Donald Trump imposes taxes on European cars, Europe will retaliate with equivalent taxes. Europe will try to maintain the trade balance by targeting various US sectors. We are ready with the list of US goods and […]

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China should take the right decisions to avoid Cold War with the United States, warns US Vice President Mike Pence

China should take the right decisions to avoid Cold War with the United States, warns US Vice President Mike Pence

Washington: US Vice President Mike Pence warned, ‘The United States will not retreat from the dispute over the import duties with China, even if this leads to a Cold War between the United States and China. If China wishes to avoid this Cold War, it should take appropriate decisions regarding the demands of the United […]

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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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Seeds of a next global economic crisis are being sown, serious warning by economist in IMF meeting

Seeds of a next global economic crisis are being sown, serious warning by economist in IMF meeting

Jakarta: Seeds for a new economic crisis are being sown with the trade war between the United States and China, rising interest rates in the United States and declining currency value of the developing countries, was the warning issued in the meeting of the International Monitory Fund (IMF) meeting. Chief of the IMF, Christine Lagarde […]

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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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