U.S. President Donald Trump will have the final on tariffs as well as that on the U.S.-China trade deal, said White House trade adviser Peter Navarro. “Either way we’re going to be in a great place … The president loves… Read More ›
Donald Trump
U.S. adds fortitude to U.S.-China relations with passage of Uighur Act of 2019
In a development that signals further delays towards resolving the U.S.-China trade war, the U.S. House of Representatives has overwhelmingly voted a bill that requires U.S. President Donald Trump to toughen its response to China’s genocide of its Muslim minorities…. Read More ›
Brazil in touch with USTR on surprise U.S. tariffs on Brazilian steel and aluminum
According to a source familiar with Brasil’s reaction to the surprise decision by U.S. President Donald Trump to restore tariffs on Brazilian steel and aluminum, the Brazilian government is in touch with the U.S. Trade Representative’s office and other agencies…. Read More ›
Measure of effectiveness of U.S. trade tariffs against China
In a development that underscores the measure of effectiveness of U.S sanctions on China’s economy, a Chinese newspaper the Global Times has reported citing sources with direct knowledge of the trade talks that Beijing’s top priority in the phase one… Read More ›
Trump signs into law 2 legislations backing Hong Kong
In a significant development, U.S. President Donald Trump has signed into law a congressional legislation which backs the pro-democracy uprising in Hong Kong despite objections from China. The development midst Washington and Beijing trying to hammer out a deal to… Read More ›
China not stepping up in trade negotiations: Trump
In a warning shot, U.S. President Donald Trump sent a clear message to China when he said, a U.S.-China trade deal is still elusive because Beijing still thinks it can get away with stealing U.S. intellectual property and is not… Read More ›
Cuba attracts $1.7 billion in foreign direct investments
Faced with a cooling economy, Cuba aims to boost its economy with its annual trade fair in Havana. Cuba’s Trade Minister Rodrigo Malmierca told a news conference at Cuba’s annual trade fair in Havana that Cuba has attracted foreign investments… Read More ›
U.S.-China close to finalizing Phase One deal
According to China trade experts, the completion of the Phase One deal is likely to provide little incentive for Beijing to negotiate any further, given the approaching U.S. presidential election in 2020. According to U.S. Trade Representative’s office and China’s… Read More ›
South Korea ready to give up its developing country status at WTO
While this will come into effect during future negotiations, it is to be seen how this will impact its agricultural sector. On Friday, in a statement South Korea’s finance minister stated, given its enhanced economic status, it is ready to… Read More ›
Investors dump stocks midst “bearish paralysis” on Wall Street
Investor appetite for equities saw a low following growing global uncertainties. They have channeled $11.1 billion in the bond market as of Wednesday. On Friday, Bank of America Merrill Lynch disclosed, $11.1 billion flowed into the bond market in the… Read More ›
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