TRADE WARS

News About World Trade

7,281 articles

US trade deficit widens in 2022 to record on strong imports
Feb 07, 2023 (AFP)
The overall trade gap grew $103.0 billion from 2021 to $948.1 billion last year, Commerce Department data showed, on a surge in goods imports ranging from crude...
Asian markets rebound from Fed sell-off but traders still uneasy
Feb 07, 2023 (AFP)
January's rally has come to a halt this month as investors contemplate an extended period of high borrowing costs aimed at bringing down inflation from multi-de...
Australia seeks 'unimpeded trade' with China after costly sanctions
Feb 06, 2023 (AFP)
China slapped hefty tariffs on key Australian exports such as barley, beef and wine in 2020 at the height of a bitter dispute with the former conservative gover...
US tech giant Dell to cut 5% of its global workforce
Feb 06, 2023 (AFP)
The cuts follow similar steps by tech giants Microsoft, Facebook owner Meta, Google-parent Alphabet, Amazon and Twitter as the industry girds for economic downt...
Global stocks fall amid worries over interest rate, US-China tensions
Feb 06, 2023 (AFP)
Adding to the downbeat mood were geopolitical concerns after the United States shot down a suspected Chinese spy balloon that had floated across the country for...
Markets take a hit as US jobs fan rate worries
Feb 06, 2023 (AFP)
Adding to the downbeat mood were geopolitical concerns after the United States shot down a suspected Chinese spy balloon that had floated across the country for...
Danes protest against plan to abolish public holiday
Feb 05, 2023 (AFP)
"It's a totally unfair proposal", said Lizette Risgaard, the head of the FH union which organised the demonstration and which has 1.3 million members in the cou...
Europe in crossfire of US-China economic rivalry
Feb 04, 2023 (AFP)
The United States has adopted the Inflation Reduction Act (IRA), which contains $370 billion in sweeping investments, subsidies and tax cuts to reduce greenhous...
China expected to boost global growth but uncertainties remain: IMF
Feb 03, 2023 (AFP)
After almost three years of stringent health restrictions, Beijing in December abruptly ended the zero-Covid policy that had battered the economy and provoked w...
British Steel mulling 1,200 job cuts: union
Feb 03, 2023 (AFP)
The company wants to "make up to 1,200 workers redundant" at its steelworks in the northern English town of Scunthorpe, Unite said in a statement on Thursday. T...
Asian markets drift as weak tech earnings dent recovery optimism
Feb 03, 2023 (AFP)
Disappointing earnings from Wall Street titans Apple, Amazon and Alphabet -- who together are worth almost $5 trillion -- indicated higher borrowing costs and e...
Markets mostly rise but tech earnings dent recovery optimism
Feb 03, 2023 (AFP)
Disappointing earnings from Wall Street titans Apple, Amazon and Alphabet -- who together are worth almost $5 trillion -- indicated higher borrowing costs and e...
Hong Kong offers free flights after Covid isolation; Economy shrank 3.5% in 2022
Feb 02, 2023 (AFP)
The government's rebranding campaign, "Hello, Hong Kong", bills itself as an effort to tell "good stories" about the southern Chinese city, where years of polit...
Hong Kong offers free flights after Covid isolation
Feb 02, 2023 (AFP)
The government's rebranding campaign, "Hello, Hong Kong", bills itself as an effort to tell "good stories" about the southern Chinese city, where years of polit...
US temporarily extends tariff relief on Chinese medical goods
Feb 02, 2023 (AFP)
These exclusions cover 81 medical-care products, and the exemptions stem from the US battle against the Covid-19 pandemic. The current exclusions were originall...
Starbucks profit rises despite hit from China; As markets drift lower
Feb 02, 2023 (AFP)
The big coffee chain's results were a study in contrast between its two main markets, with North American comparable sales jumping 10 percent and China comparab...
Markets mixed as early Fed-fuelled rally peters out
Feb 02, 2023 (AFP)
Tech firms led a surge in the Nasdaq and S&P 500 on Wall Street after the central bank unveiled its forecast quarter-point increase in borrowing costs but also ...
Pandemic to paradise: Chinese tourists return to Bali after three years
Feb 02, 2023 (AFP)
Exploring "turtle island", taking day trips to neighbouring Lombok and hitting Bali's famed beaches, the world's biggest-spending tourists were back after the L...
Asian markets rebound from losses after Wall St rally
Feb 01, 2023 (AFP)
The gains will provide some relief to investors after January's rally appeared to have hit the buffers this week on lingering concerns about the economic outloo...
Hong Kong economy shrank 3.5 percent in 2022
Feb 01, 2023 (AFP)
Vast swathes of Hong Kong's economy were shut down at the start of the year, when the territory recorded one of the world's highest Covid per capita death rates...
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