TRADE WARS - INDO DAILY

China says Xi pledges unrelated to US trade spat

Apr 12, 2018 (AFP)

Xi on Tuesday vowed ease tariffs and open the economy up more in what was seen as a conciliatory gesture to temper fears of a US trade war after Donald Trump la...

Markets 'overreacting' to trade war rhetoric: UN official

Apr 11, 2018 (AFP)

Arancha Gonzalez, who heads the International Trade Center (ITC), told reporters that traders have proven too sensitive in the face of "big headline announcemen...

IMF's Lagarde: Trade protectionism threatens economic growth

Apr 11, 2018 (AFP)

In a less than thinly-veiled warning to US President Donald Trump, who has locked horns with China on trade, the head of the IMF said countries should open trad...

ADB sees 6% Asia growth but warns on risks from trade tensions

Apr 11, 2018 (AFP)

Its flagship Asian Development Outlook on Wednesday also flagged the impact of technological advancements on jobs in the region, which it said could worsen alre...

China's US debt holdings: Double-edged sword in trade war

Apr 11, 2018 (AFP)

Donald Trump last month sparked fears of a potentially destabilising stand-off between the world's top two economies after threatening tariffs on Chinese import...

China challenges US over steel, aluminium tariffs at WTO

Apr 10, 2018 (AFP)

China's representative to the world trade body has requested "consultations" with Washington over its decision to impose "additional ad valorem rate of duty on ...

Xi vows to further open China economy as US trade spat simmers

Apr 10, 2018 (AFP)

Xi's remarks follow weeks of tit-for-tat tariffs and mutual threats of more levies on hundreds of billions of dollars worth of products between Beijing and Wash...

Trump praises Xi's 'kind words' in fresh sign of trade detente

Apr 10, 2018 (AFP)

Still, the White House also admonished China to take concrete action on US complaints about unfair trade practices. Xi earlier Tuesday pledged to open Chinese m...

IMF warns of heightened credit risk in easy-money era

Apr 10, 2018 (AFP)

The riskiness of credit globally, which tumbled after the crisis, rebounded to its historic norm in 2016, the last year of available data, said the report. "As ...

NAFTA deal 'fairly close,' Trump says

Apr 09, 2018 (AFP)

Officials in Washington and Mexico City have played down expectations a deal could be unveiled later this week when representatives of the US, Canada and Mexico...

Tech sector frets as US-China trade tensions simmer

Apr 08, 2018 (AFP)

The tech industry is not directly affected by the new tariffs unveiled by the Trump administration which aim to target Beijing for unfair trade practices failur...

Trump sees trade deal with 'friend' Xi

Apr 08, 2018 (AFP)

"China will take down its trade barriers because it is the right thing to do," Trump said in a tweet. "Taxes will become reciprocal & deal will be made on Intel...

Trump says WTO is unfair to US

Apr 06, 2018 (AFP)

A day after China asked the WTO to referee a rapidly escalating trade fight with Washington, Trump questioned the organization's impartiality. "China, which is ...

Trump threatens $100 bln more tariffs on China

Apr 06, 2018 (AFP)

Having already asked for $50 billion worth of Chinese goods to be punitively taxed, Trump responded to Beijing's countermeasures by doubling down. "Rather than ...

EU feels heat in China, US trade row

Apr 06, 2018 (AFP)

The European Union is caught in a bind as it too shares many of Washington's grievances with Beijing's trade practices, but is also under a threat of protection...

White House warns China tariffs are not a bluff

Apr 06, 2018 (AFP)

Indicating a tough stance that escalates the risks of a trade war between the world's two largest economies, Kudlow told reporters that President Donald Trump b...

China calls on world to stand up over trade; Launches WTO challenge

Apr 05, 2018 (AFP)

Addressing a news conference in Moscow, Wang Yi condemned a move by President Donald Trump's administration to slap tariffs on a list of Chinese goods and said ...

China to inject $9.7bn into troubled Anbang

Apr 04, 2018 (AFP)

China's insurance regulator announced an unprecedented commandeering of Anbang in February, and a Shanghai court last week accused former chairman Wu Xiaohui of...

Trade war inches closer as US-China tensions mount

Apr 04, 2018 (AFP)

Beijing unveiled plans for painful import duties targeting politically-sensitive US exports, including soybeans, aircraft and autos, to retaliate against loomin...

China plans to hit US soybeans, planes as trade war looms

Apr 04, 2018 (AFP)

The move came hours after President Donald Trump's administration published its own $50 billion list of Chinese products facing US tariffs because of Beijing's ...