Page 50 - Us China Trade War

Shipping freight market defies ongoing trade war, global economic slowdown

Revival in iron ore exports from Brazil and Australia in last few months has helped improve the dry bulk segment

What China has and hasn't done to allay US gripes: mixed picture by experts

While many US companies acknowledge China's efforts to improve intellectual property laws, especially with respect to trademark and brand protection, they still feel China's safeguards come up short

Trade war impact? Asia's beaches go quiet as Chinese tourists stay home

The Chinese travel boom in the region is now in reverse gear

Companies in US blame trade war for 10,488 layoffs in August: Report

The pace of downsizing at American companies surged last month, with more than 10,000 job cuts blamed on "trade difficulties" alone, according to figures released Thursday. Employers also announced the most layoffs of any August since 2009, the outplacement firm Challenger, Gray & Christmas said. Job cuts rose 38 percent over July, with 53,480 positions to be slashed from employer payrolls, led by workforce reductions in health care, which had been a mainstay of recent job creation, the tech sector and manufacturing. "Employers are beginning to feel the effects of the trade war and imposed tariffs by the US and China," Andrew Challenger, the firm's vice president, said in a statement. "We are continuing to see investor concerns shaking confidence in the market, and employers appear to be cutting workers in response to a slowdown in demand for their products and service." Among the reasons cited by employers who let go of workers last month, "trade difficulties" accounted for ...

India's BPCL buys US crude set to arrive in China after new tariffs kick in

Six tankers carrying about 12 million barrels of US crude were on the way to China at the time of the announcement of new tariffs

Canon mulls plants in India, elsewhere to hedge against US-China trade war

Firm is conducting feasilbility studies on setting up units in 40 countries, will take final call based on global fallout of trade spat

Indian exporters fret as shipment value to troubled Hong Kong dips 6.6%

A drop in the number of people attending a key trade fair in Hong Kong later this month following advisories against travel to the city could further weaken India's exports, experts say

Trade war damage piles weight onto consumers, fans global recession fears

Morgan Stanley economists are already warning that American consumers are all that stand in the way of a US contraction

This gym equipment maker might dominate world market thanks to trade war

Trade War Set to Help Gym Equipment Maker's Quest for World Dominance

Trade war: China drags US to WTO, says latest tariffs violate consensus

Many experts also decry China's decision to fight fire with fire, by imposing tariffs on US goods imported into China, also without the WTO's approval

China downplays Trump's latest tariff hike, trade deal remains uncertain

Chinese officials have yet to give a clear sign that they intend to carry through a plan for in-person negotiations in Washington this month

Huawei upbeat on AI strategy for India; no word on 5G roll-out plans yet

Washington has also been putting pressure on other countries to restrict operations of the Chinese telecom firm

American Factory: Documentary has Chinese buzzing, but they can't watch it

The documentary, backed by Barack and Michelle Obama's new production company, follows along as a shuttered GM plant outside Dayton is bought and converted into a factory run by China's Fuyao Glass

Surveys show China manufacturing demand weak amid mounting tariff war

Two surveys of Chinese manufacturing show demand is weak amid a mounting tariff war with Washington over trade and technology. A monthly purchasing managers' index released by a business magazine, Caixin, rose to 50.4 from July's 49.9 on a 100-point scale on which numbers above 50 show activity increasing. That indicates "renewed improvement" but said a gauge of new orders fell to its lowest level this year, the magazine said. A separate survey released Saturday by an industry group, the China Federation of Logistics & Purchasing, showed activity declining to 49.5 from July's 49.7. It said market demand was "relatively weak". Chinese exporters are struggling in the face of U.S. tariff hikes. Exports to the United States, their biggest market, fell 6.5 per cent in July. Washington and Beijing stepped up their fight on Sunday by imposing additional tariffs on billions of dollars of each other's goods. Beijing has propped up economic growth by boosting government spending on ...

Trade war: With new tariffs in place, prices may shoot up for US consumers

The 15% US taxes apply to about $112 billion of Chinese imports

Donald Trump's 15% tariffs on Chinese goods worth $112 bn take effect

After Sunday's tariff hike, 87% of textiles and clothing from China and 52% of shoes will be subject to import taxes

Trade war: China, US to collect additional tariffs on each other's goods

The Trump administration will begin collecting 15% tariffs on more than $125 billion in Chinese imports; Beijing to impose 5% tariff on US crude oil

13% firms will leave China, says Trump as new tariffs all set to kick in

A fresh set of tariffs are set to be imposed on Chinese products on September 1

Nomura cuts 2020 India growth forecast to 6.9%; pegs global growth at 3.3%

Nomura expects a gradual growth recovery to set in in the latter part of 2020, as Asian economies benefit from ongoing policy easing and a potential capex recovery in the tech sector

China cuts taxes in Shanghai FTZ to lure investment, undo trade war damage

The new preferential policies come as rising labour and land costs, along with higher US tariffs on Chinese goods, prompt some foreign firms to move their production facilities overseas