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Trade War - SERIES 139 {22 articles}

Panelists clash over trade war with China - CNN Video

9/18/2018, 12:06:10 AM
China has accused the US of starting "the biggest trade war in economic history" as the two sides imposed steep new tariffs on tens of billions of dollars of each other's exports. ✔ MUST WATCH Panelists clash over trade war with China China has accused the US of starting the biggest trade war in economic history as the two sides imposed steep new tariffs on tens of billions of dollars of each other's exports


Japan calls for early solution to U.S.-China trade war

9/18/2018, 1:59:42 AM
Japanese Economy Minister Toshimitsu Motegi on Tuesday called for an early solut... ✔ FILE PHOTO: Japanese Minister of Economic Revitalization Toshimitsu Motegi attends a news conference on the Trans Pacific Partnership (TPP) Ministerial Meeting during APEC 2017 in Da Nang, Vietnam, November 11, 2017 ✔ U.S. President Donald Trump escalated his trade war with China on Monday, imposing 10 percent tariffs on about $200 billion worth of Chinese imports ✔ Our Standards:The Thomson Reuters Trust Principles


Oil prices drop as escalating trade war clouds demand outlook

9/18/2018, 1:52:48 AM
Oil prices fell on Tuesday following the imposition of tariffs by the U.S. on approximately $200 billion of Chinese imports. ✔ Oil markets dropped on Tuesday as the latest escalation in the Sino-U.S ✔ trade war clouded the outlook for demand, although concerns over tightening supply offered prices some support ✔ The growing trade dispute has hurt trading sentiment ✔ Sanctions affecting Iran's petroleum sector will come into force from Nov. 4


US slaps tariffs on $200bn in China goods as trade war escalates

9/18/2018, 12:42:54 AM
Trump warns US will impose further tariffs on $267bn worth of additional imports if China retaliates. ✔ Consumer tech trimmed The US Trade Representative's office eliminated about 300 product categories from the proposed tariff list, along with some subsets of other categories, but administration officials said the total value of the revised list would still be approximately $200 billion


US TRADE WAR: Donald Trump announces further tariffs on $200 BILLION of Chinese goods

9/18/2018, 12:44:07 AM
US PRESIDENT Donald Trump has announced Washington is set to impose further tariffs on $200billion (£152billion) of Chinese goods as of next week, intensifying the trade war between the two nations. ✔ Donald Trump is set to implement further tariffs on Chinese goods next week (Image: GETTY) Donald Trump warned he would implement further tariffs if China retaliates against the order (Image: GETTY) But, so far, China has been unwilling to change its practices


New tariffs on China spare smartwatches but hit tech networks

9/18/2018, 12:59:11 AM
Networking equipment gets caught in the trade war. ✔ GoPro CEO: We're 'actively looking' to source outside of China President Donald Trump's latest tariffs on Chinese goods won't hit the Apple Watch or Air Pods ✔ The Consumer Technology Association said in a statement that while it's glad that certain consumer items were removed from the list, it believes the tariffs are bad policy


Trump imposes tariffs on $200 bil more of Chinese goods; Apple smart watches, other gadgets exempt

9/18/2018, 2:34:44 AM
The Trump administration will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on consumer goods ranging from handbags to bicycle tires. The tariffs will start at 10 percent, beginning Monday of next… ✔ By expanding the list to $200 billion worth of Chinese imports, Trump risks spreading the pain to ordinary Americans ✔ In a filing with the government, for instance, Giant Bicycles Inc ✔ This material may not be published, broadcast, rewritten or redistributed.


China stocks and renminbi lower as Trump imposes new tariffs

9/18/2018, 3:04:17 AM
undefined ✔ Hopefully, this is what is going to happen, though the chance is low, Ms Pang said ✔ The reaction to the US tariffs was more marked for China’s renminbi ✔ The rate for the onshore renminbi, which is permitted to trade 2 per cent either side of a daily mid point set by the People’s Bank of China, was 0.4 per cent weaker at Rmb6.8778 per dollar while the offshore renminbi was 0.2 per cent weaker at Rmb6.8787 ✔ The price of gold also fell, down almost $3 at $1,197 an ounce


China securities official says U.S. trade action will not work

9/18/2018, 2:25:09 AM
The United State's trade actions against China will not work as China has a... ✔ REUTERS/Damir Sagolj Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC), said at a conference in Tianjin that he hopes the two sides can sit down and negotiate on trade and that he looks forward to good China-U.S ✔ Our Standards:The Thomson Reuters Trust Principles


China commerce minister says U.S. unilateralism, protectionism will...

9/18/2018, 3:54:32 AM
China's commerce minister told representatives of foreign firms on Monday t... ✔ FILE PHOTO: A container truck moves past containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018 ✔ China will accelerate its opening up and create a better business environment for companies, Zhong was quoted as saying ✔ Our Standards:The Thomson Reuters Trust Principles


US imposes 10% tariffs on $200bn of Chinese goods, threatens more

9/18/2018, 12:56:25 AM
Trump vows to tax another $267bn of imports if Beijing retaliates ✔ China has many levers and can negate half of the 10% tariffs just by lowering their currency and have state banks lend money to Chinese companies that will never have to be repaid, said Morici, who has advised the Trump administration on tariffs and whose praise the president cited in a Monday tweet


Apple Watch is safe, but China tariffs could still hit other consumer tech products

9/18/2018, 2:38:00 AM
While Apple Inc. and the smartwatch business is safe for now against the tariffs the Trump administration enacted against China, there are many other potential areas of tech that could be hurt by the tariffs on $200 billion in Chinese goods. ✔ Intel said the list was so broad and encompasses so many information, communication and technology products that significant consumer harm is unavoidable ✔ Therese Poletti Therese Poletti is a senior columnist for MarketWatch in San Francisco ✔ We Want to Hear from You Join the conversation Comment


Markets Live: Trade tariffs to rattle market

9/18/2018, 12:02:40 AM
Australian stocks are expected to dip on opening after President Trump announced tariffs on $US200 billion worth of goods. ✔ Total Australian sales grew 9.6 per cent to $307 million ✔ But if clear air can be found, the next test for the ASX and its budding recovery sits around 6205 ✔ More 9:36am Hello and welcome to today's Markets Live blog ✔ Your editor today is Lucy Battersby (lbattersby@fairfaxmedia.com.au) This blog is not intended as financial advice


Opinion | Trump could play Scrooge this holiday season

9/18/2018, 12:33:13 AM
Some $250 billion worth of duties on foreign goods is the real War on Christmas. ✔ By Catherine Rampell Catherine Rampell Columnist covering economics, public policy, politics and culture Email Bio Follow Columnist September 17 at 8:11 PM For years, Donald Trump and right-wing pundits warned us about the War on Christmas ✔ But Apple fanboys shouldn’t sleep snug in their beds just yet


New U.S. trade action 'poisons' atmosphere, won't work on China:...

9/18/2018, 3:01:29 AM
The United State's trade actions against China will not work as China has a... ✔ Trump also threatened to immediately pursue tariffs on another $267 billion of imports if China retaliates ✔ If he puts tariffs on all Chinese exports to the United States - which he says he will - even in that scenario, the negative impact on China’s economy is about 0.7 percent, Fang said ✔ Our Standards:The Thomson Reuters Trust Principles


US slaps new tariffs on $200 bil. worth of Chinese imports

9/18/2018, 12:07:02 AM
undefined ✔ US President Donald J. Trump delivers remarks during the Hispanic Heritage Month celebration in the East Room of the White House, in Washington, DC, USA, 17 September 2018 ✔ In anticipation of the move, China promised to retaliate ✔ They just refuse to make the changes we want to see


Explained: Donald Trump’s $200bn of new tariffs on China

9/18/2018, 2:12:16 AM
undefined ✔ According to US data, bilateral trade between the two countries’ reached $630bn in 2017, with Chinese exports to the US ($500bn) dwarfing US exports to China ($130bn) ✔ Chinese officials are hoping that if the Republicans suffer losses in the House and Senate elections on November 6, those defeats and the growing frustration of US consumers and companies with higher import prices will weaken Mr Trump’s hand


China's military and economic power 'cannot be denied' and US 'has to make room'

9/18/2018, 2:43:20 AM
The United States needs to determine how to accommodate China as a rising power in the Asia-Pacific region, even if a declining U.S. presence there reduces stability, according to an expert. ✔ A desire to counter China's economic and political influence, which Beijing is expanding through its massive Belt and Road infrastructure program, is believed to be a major factor driving this Indo-Pacific policy ✔ CNBC's Nyshka Chandran and Arjun Kharpal contributed to this report


Chinese producers expected to beat US tariffs by rerouting goods

9/18/2018, 2:26:13 AM
Experts say practice is already widespread in some industries ✔ The honey is then put into jars with labels that state their origin as these Southeast Asian countries ✔ The jars of honey are then shipped from Thailand and Vietnam to the U.S. without incurring antidumping duties, said an industry source ✔ Try 3 months for $9 Offer ends September 30th


U.S. duties spare Apple gadgets but hit cloud industry

9/18/2018, 1:13:46 AM
The United States will spare Apple Inc's Watch and other consumer gadgets f... ✔ REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY ✔ That could affect smaller technology firms such as Eero, a startup company that makes home routers and had asked to be exempted from the tariffs ✔ Our Standards:The Thomson Reuters Trust Principles


Commentary: Trump tariffs only a weak blow to China

9/18/2018, 12:25:39 AM
China is fully prepared to win any kind of tariff war that Donald Trump can thro... ✔ At the same time, Chinese exports to the United States represented just 18 percent of its total exports last year ✔ In short, very much a lose-lose proposition for the White House ✔ He’s president for life, utterly in charge of his system of Autocratic Capitalism


Trump has put a gun to China's head and we're in the crossfire

9/18/2018, 2:05:43 AM
Donald Trump's simplistic view of trade is dangerous not only to China, Australia and the rest of Asia, it's going to hurt his own country too. ✔ Photo: AP There is little doubt the tariffs will do harm to an economy already weakening as the Chinese authorities try to reduce the level of financial leverage in their system ✔ If the US continues down this path it will damage the global economy and the layers of multi-lateral relationships that have underpinned growth in the post-war era


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