Faced with two fronts, the China’s steel industry perhaps could be persuaded to adequately alter its production and trading policy. The imposition of EU tariffs on Chinese steel could complicate matters if not significantly alter the face of the industry…. Read More ›
With China’s trade surplus with the United States at $375 billion, it clearly has much to lose. The Trump Administration has demanded that China cut this surplus by at least $100 billion. As per a source familiar with the discussions… Read More ›
The differences in trade between the United States and South Korea have been settled through a agreement on trade. A new version of the trade agreement that had existed between the countries over the last six years was developed and… Read More ›
Hikes in pay in some parts of Britain do not match the enhancement in worker output, warns a new report also highlighting the possibility of a split of the British economy widening further after the initial lines were drawn by… Read More ›
News of U.S. Treasury Secretary Mnuchin planning a visit to China had eased fears of a trade war between the two giant economies. With the United States and China set to negotiate on trade, fears of trade wars between two… Read More ›
The financial support of up to $37 million to small and medium sized companies who are affected by on of GM’s Korea’s plant, could be extended to more depending on the overall impact the closure will have on these companies… Read More ›
The specter of a rising trade war and heightened tensions between the U.S. and China instilled fear among investors resulting in a drop in the global stock markets on Friday. While London’s FTSE 100 shed fell by 0.7% Germany’s DAX… Read More ›
In an announcement that was being expected by the European Union following meetings between executives of booth countries earlier this week, the block, along with six other countries would get temporary exemption from the Trump tariffs already announced by the… Read More ›
The exemption, albeit temporary, will be further reviewed on May 1 2018. In a strategically significant development with widespread repercussions, U.S. President Donald Trump has excluded, albeit temporarily, 6 countries, including the European Union, Canada and Mexico, from stiff U.S…. Read More ›
The training of U.S Marines in Australia is likely to dampen Australia-China relations while bolstering the United States’ long standing Asia pivot strategy. In a move designed to reign in Chinese aggression in Australia, on Friday, the Australian defense minister… Read More ›
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