TRADE WARS

News About World Trade

7,281 articles

US rejects WTO verdict on its steel tariffs
Dec 09, 2022 (AFP)
Former US president Donald Trump's administration introduced the tariffs on steel and aluminium imports from China, Norway, Switzerland and Turkey and his succe...
Equities boosted by China news before rate calls
Dec 09, 2022 (AFP)
Sentiment brightened on China's decision to shift away from its nearly three-year zero-Covid strategy of lockdowns and mass testing that slammed the economy. Af...
US slaps sanctions on Chinese officials over Tibet rights
Dec 09, 2022 (AFP)
The United States blocked any US assets and criminalized transactions with Wu Yingjie, who was China's boss in Tibet from 2016 to 2021, and Zhang Hongbo, China'...
Chinese developer Sunac proposes debt restructuring
Dec 09, 2022 (AFP)
The firm proposed converting up to $4 billion of offshore debt into ordinary shares or equity-linked instruments, according to a filing to the Hong Kong stock e...
Inflation in China falls below two percent in November
Dec 09, 2022 (AFP)
Last month saw a slew of gloomy figures for the world's second-largest economy as a hardline zero-Covid policy hammered businesses and supply chains, and dampen...
UK turns to army as crippling strikes loom
Dec 08, 2022 (AFP)
Interior minister Suella Braverman warned the public against flying over Christmas, after passport control officers voted to walk out. "If they go ahead with th...
Asian markets mixed as recession fears dampen China optimism
Dec 08, 2022 (AFP)
A rally across equities at the start of the month has been hobbled this week by growing concerns that the Federal Reserve's drive to rein inflation back from 40...
China's November imports, exports plunge owing to Covid rules
Dec 07, 2022 (AFP)
Beijing's strict zero-Covid policy of snap lockdowns, travel curbs and daily mass testing has left businesses reeling, disrupted supply chains and dampened cons...
EU targets Russian armed forces, banks in new sanctions
Dec 07, 2022 (AFP)
"Russia continues to bring deaths and devastation to Ukraine. It is deliberately targeting civilians and civilian infrastructure," European Commission President...
EU starts WTO action against China over Lithuania, patents
Dec 07, 2022 (AFP)
"In both cases, the Chinese measures are highly damaging to European businesses" and, in the Lithuania case, "impact the functioning of the EU internal market,"...
UK uni probe warns carmakers about 'Uyghur abuses' in supply chain
Dec 07, 2022 (AFP)
The probe by four academics and anonymous researchers at Sheffield Hallam University in northern England found international supply chains "captive to repressiv...
Stocks hit as recession fears overshadow China reopening hope
Dec 07, 2022 (AFP)
The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks warned of tough times ahead in 20...
Asian markets swing as Fed worries offset China Covid easing
Dec 06, 2022 (AFP)
After a strong start to the week in the region, traders tracked a big drop on Wall Street that came on the back of data showing a forecast-busting jump in activ...
Canada doubles trade surplus as exports to China hit new high
Dec 06, 2022 (AFP)
Total exports rose 1.5 percent to Can$67.0 billion, outpacing a 0.6 percent increase in imports valued at Can$65.8 billion, according to Statistics Canada. The ...
Stocks rise as China eases more Covid measures
Dec 05, 2022 (AFP)
The moves helped offset a forecast-busting US jobs report that dented hopes that the Federal Reserve will take a softer approach to hiking interest rates in its...
EU chief says bloc must act over US climate plan 'distortions'
Dec 04, 2022 (AFP)
EU countries have poured criticism on Washington's landmark Inflation Reduction Act (IRA), seeing it as anti-competitive and a threat to European jobs, especial...
Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data
Dec 02, 2022 (AFP)
Another positive inflation data release out of the United States added to expectations that the US central bank will take a lighter approach to lifting borrowin...
Asia extends stocks rally as dollar drops on Fed rate optimism
Dec 01, 2022 (AFP)
A growing sense of hope that months of sharp monetary tightening around the world is finally reining inflation back from its decades-long highs sent equities su...
Markets rise as traders weigh China moves, await Fed's Powell
Nov 30, 2022 (AFP)
Traders were also nervously awaiting a key policy speech by Federal Reserve chief Jerome Powell later in the day that could outline the bank's strategy for tack...
China's factory activity contracts as Covid disruptions spread
Nov 30, 2022 (AFP)
The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing in the world's second-biggest economy -- came in at 48.0, down from October's 49.2 and well...
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