The trade spat that has bene termed by China as the “biggest trade war in economic history” has just escalated as Russia has slapped its own tariffs on US goods as a reaction to the US imposing import tariffs on… Read More ›
Geopolitics
Malaysia, Taiwan, South Korea And Brazil Would Suffer Due To A US-China Trade War
A potential trade war between the two largest economies of the world – US and China, could very easily alter the course of economies of smaller countries that are reliant on trade even though the actions of a trade war would… Read More ›
Higher Tariffs On Chinese Imports In To US Threatened By Trump Administration
Imposition of 25 per cent import tariffs on Chinese goods worth $200 billion is being considered by the US. This is more than double the 10% that was planned initially. President Donald Trump has made this request for a review… Read More ›
A weak yuan is one of China’s tools in its trade-war strategy
A weak yuan fits well into the ongoing global move of a loose monetary policy. Chinese policymakers have also made it very easy for investors to borrow and short-sell the yuan, which indicates that they are indirectly pushing down interest… Read More ›
Will retaliate if Washington takes further trade measures: Beijing
Given its trade surplus with the U.S., China will have to fight this trade very carefully. Beijing has let it be known that it is open to dialog. On Wednesday, in a move that is indicative of the economic impact… Read More ›
Amid Falling UK Sale, SMMT Claims UK Carmakers Not Ready For Brexit
The head of the automotive trade body in UK has warned that the car industry there is not ready for taking on the Brexit challenges. This amidst renewed concerns over cross border trading with the Europe because nine out of… Read More ›
The Only Cause Of Worry For Chinese Economy Is Not The US Trade War
Analysts claim that the economic health of China is in a far worse shape than is suggested by its economic figures even before the economy is to feel the complete impact of US tariffs. A national inflation-adjusted growth rate of… Read More ›
British auto industry will face significant disruption in case of a cliff-edge Brexit
The Society of Motor Manufacturers and Traders (SMMT) has made it amply clear to the British government that a no-Brexit deal is not an option. On Tuesday, Britain’s automobile industry group made it lucidly clear to the government that a… Read More ›
EU Warned By UK Of Tit-For-Tat Steps On Financial Sector Post Brexit
If the European Union does not change its stance on the City of London after Brexit, then there could be regulations for about 7,000 European-based investment funds which depend on British clients for their cash and profits, warned the UK negotiators… Read More ›
US Steel Industry Feeling Elated With The Trump Trade Tariffs
An 18 per cent increase in prices resulted in record revenues for US frim Reliance Steel & Aluminum (RS). At the same time, the second best quarter in its history was recorded by another US firm Nucor (NUE). “All in… Read More ›