Trade War

How China built tech prowess: Chemistry classes and research labs

Spending on research and development has surged, tripling in the past decade and moving China into second place after the United States

China accuses EU of foul play, says escalation could trigger 'trade war'

China's Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38 per cent. Ministry spokesman He Yadong said the European side had demanded excessive amounts of information from Chinese automakers and then unfairly accused the Chinese companies of failing to cooperate. The types, scope, and amount of information collected by the European side are unprecedented, far exceeding the requirements of anti-subsidy investigations, He said. He said that included requiring details on manufacturing and development, technology and product formulas, among other aspects, from Chinese electric vehicle and battery companies. "After Chinese companies did their best to cooperate with the investigation and provided information, the European Commission still unreasonably accused Chinese companies of not fully cooperating and imposed punitive high tax ..

Japan imposes trade curbs on Chinese firms for backing Ukraine war

The new sanctions also target firms in India, Kazakhstan, and Uzbekistan

Xi has few options to retaliate against Europe without sparking trade war

China has also signaled it's considering tariffs as high as 25% on imported cars with large engines

Trade divide could cost global economy $1.4 trillion: IMF chief Georgieva

Trade spats could cut 1.5% from global GDP; 3% in Asia

China rejects United States trade complaint, criticizes Washington

The Ministry of Commerce criticized the Biden administration for saying it is developing new ways to deal with Chinese trade tactics

EU leaders to threaten UK's Johnson with trade war over Northern Ireland

European Union leaders will threaten British Prime Minister Boris Johnson with a trade war over Northern Ireland, The Times reported on Friday, without citing sources

More dark clouds over trade

We have been witnessing an exacerbation and an amplification of existing trade tensions

Tariffs, trade barriers: How India plans to protect domestic biz from China

Bilateral trade between China and India was worth $88 billion in the fiscal year ending March 2019, with a trade deficit of $53.5 billion in China's favour, the widest India has with any country

'No trade war': Australia after China imposes import tariffs on barley

"The reality is they have used a process, quite fairly, around a belief that we have not been fair in our trade," agriculture minister says

Letter to BS: Trade war to Coronavirus, China's loss is India's gain

For India again, the US is a major exporting destination and India's share in US imports jumped slightly from 2.2 per cent in 2018 to 2.3 per cent in 2019.

Coronavirus: China offers to relax tariff on import of US medical equipment

Products that qualify include patient monitors, blood transfusion equipment and instruments to measure blood pressure

What happens if China really does try to buy $52 bn of US crude, coal, LNG?

The terms of the deal imply an absolutely massive increase in Chinese imports of US energy, and if this actually comes to pass, it will have serious disruptive effects across global markets

For French champagne makers, Trump tariff threat is not the only worry

The US, the second-biggest overseas destination, is threatening 100 per cent tariffs on the drink in response to a French digital-services tax affecting the likes of Alphabet's Google and Amazon.com

Trump's trade wars expose an abiding truth on the bluff of free trade

The protectionist impulse behind the trade war remains as ineradicable as ever

Initial China trade deal defuses tensions, but US still has concerns

The United States has now collected more than $39 billion from the tariffs placed on $360 billion worth of Chinese goods

China tariffs will rise 'even higher' if a deal is not sealed, says Trump

"If we don't make a deal with China, I'll just raise the tariffs even higher," he told reporters at the White House

Global Markets: Stocks back to 'risk-on' after Trump's trade war scare

While Trump had dashed hoped for a preliminary agreement and triggered a sell-off in stocks on Wall Street and in Asia, the Bloomberg report caused a brutal swing that took traders by surprise

Wall Street hovers near record levels after US extends Huawei reprieve

Dow Jones indexes hit fresh record highs, while the Nasdaq was near its all-time level

Wall Street opens higher as investors shift focus to Donald Trump speech

The Dow Jones Industrial Average rose 10.10 points, or 0.04%, at the open to 27,701.59