If China goes ahead with the move, it would help foreign automakers to export more cars into China and help reduce price gaps. On Thursday, Bloomberg has filed a report citing sources familiar with the matter at hand as saying,… Read More ›
trade
More flexibility and stricter reporting rules needed for U.S. derivatives market: chairman of CFTC
Strongly in favor of the 2010 Dodd-Frank Act, through this new blueprint Christopher Giancarlo aims to improve optimize it the implementation of the rules in the act. On Thursday, Christopher Giancarlo, the chairman of the Commodity Futures Trading Commission (CFTC),… Read More ›
China moving back on economic reforms: U.S. Consul general of Hong Kong & Macau
While China has been loquacious about economic reforms and opening up its domestic sector to foreign players, its actions on the ground reflect broken contracts and non-compliance of WTO rules. On Tuesday, the U.S. consul general of Macau and Hong… Read More ›
Hong Kong-based Modern Dental Group sees business opportunity in U.S. China trade conflict
With the United States slapping tariffs on Chinese imports, there is a growing market opportunity for rivals to Chinese companies to increase their market share in their respective segments and expand their foothold in the U.S. Modern Dental Group Ltd,… Read More ›
The United States threatens to impose tariffs on Chinese imports worth at least $100 billion
The U.S. tariffs are aimed at forcing China to modify and suitably change its coercive trade policy of forcible transfers of U.S. intellectual property to its domestic companies and gain technological advantage. U.S. President Donald Trump has directed official to… Read More ›
USDA looking for ways to shield farmers from U.S. – China trade conflict
Although the U.S. Department of Agriculture (USDA) has a range of options under which U.S. farmers could be protected, it is evaluating its options and gauging the market’s reaction. As per an official from the U.S. Department of Agriculture (USDA),… Read More ›
French President Emmanuel Macron warns China against escalation in international trade wars
U.S. President Donald Trump is set to announce additional tariffs on China following an investigation into its trade policy and violation of U.S. intellectual property rights. On Thursday, the office of French President Emmanuel Macron told his Chinese counterpart Xi… Read More ›
U.S. government drops demand for U.S. auto content in NAFTA negotiations
With this bone of contention being amicably resolved, NAFTA negotiations can continue. Two leading newspapers, The Mail and The Globe, have reported citing sources, that the U.S. government has dropped its demand all vehicles manufactured in Canada and Mexico for… Read More ›
Goldman Sachs preparing to move its London-based team to Frankfurt
Members of Goldman Sach’s derivatives and debt capital markets teams, working on German accounts, have been told to relocate to its offices in Frankfurt. According to two sources with knowledge of the matter, Goldman Sachs has put more than 2… Read More ›
Businesses will be able to avail of lower import tariffs
Peter Navarro, director of the White House National Trade Council, has clarified that the Trump Administration’s imposition of stiff trade tariffs will include exceptions for businesses for lower import tariffs on aluminum and steel. A top trade adviser to U.S…. Read More ›
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