united state and china trade war news

The United States and China have announced a ceasefire in their tariffs war, hours after US President Donald Trump upended another international forum by snubbing G20 action on trade disputes and climate change.... Read more via TODAY.NG – https://ift.tt/2U5awra Get more World News

US Treasury Secretary Steven Mnuchin warned China on Wednesday against engaging in competitive currency devaluations as the two countries wage a trade war, in comments published in the Financial Times. There are several factors behind the recent fall in the Chinese yuan, or renminbi (RMB)...

Chinese factory activity slowed in September, official data showed Sunday, as the Asian giant’s trade war with the United States showed no sign of abating.... Read more via TODAY.NG – https://ift.tt/2IrhelT Get more World News

Chinese factory activity slowed in September, official data showed Sunday, as the Asian giant’s trade war with the United States showed no sign of abating. The Purchasing Managers’ Index (PMI), a key gauge of factory conditions, came in at 50.8 for the month, down from 51.3 in August, the...

President Donald Trump announced tariffs on $200 billion worth of Chinese imports Monday, prompting Beijing to impose retaliatory taxes on $60 billion worth of American imports. The two countries had already placed tariffs on $50 billion worth of each other’s products. The … Read more via...

The United States trade tensions with China is more likely to deteriorate this year and will dampen global growth in 2019, Moody’s Investors Service, one of the loading global rating agencies have stated in its quarterly Global Macroeconomic Outlook update. “We expect to see more restrictions...

China’s retaliatory tariffs on U.S. goods struck just as one of its biggest meat importers was rushing a shipment from California through Shanghai customs. Now Suzhou Huadong Foods is saddled with a stack of unaffordable American steak. Only three containers of frozen produce including prime...

The US-China trade war officially kicked off on Friday, and it didn’t take long for the consequences to flow on to the public. Tesla cars became considerably more pricey in China over the weekend, according to the Wall Street Journal. The Model X is now priced at … Read more via CNET –...

China’s state media lashed out at President Donald Trump on Friday, accusing the White House of behaving like a "gang of hoodlums" as the world’s two biggest economies careened toward the start of an outright trade war.... Read more via Automotive News Breaking News Feed –...

President Donald Trump is firing the biggest shot yet in the global trade war by imposing tariffs on $34 billion of Chinese imports, including auto parts, delivering on a promise to his political supporters that risks provoking retaliation .... Read more via Automotive News Breaking News Feed...