On Monday, in a statement, Citadel, a Chicago-based hedge fund and Citadel Securities, which provides trading services to asset managers, banks, broker-dealers and hedge funds, said, it will open a new office in Singapore. Both businesses, which have offices across… Read More ›
war
Trump will have final say on tariffs and U.S.-China trade deal: Peter Navarro
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 ›
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 ›
U.S. manufacturing contracts for 1st time in a decade – private survey results
Since the private survey adds fuel to fears that the U.S.-China trade war, which is deeply hurting Beijing which for years have exploited western technologies and economic policies to its benefits, is hurting the U.S. economy, one will have to… Read More ›
China records highest trade surplus with U.S. since 2006
China’s trade surplus with the United States grew by 11.3% from the previous year. Customs data released on Monday shows, China recorded its biggest trade surplus with the United States which touched $323.32 billion – its highest since 2006. In… Read More ›
China to publish white paper on trade war with U.S.
Xinhua’s report has not provided any details other than the the time the report is set to be published and that it will include “facts and China’s position”. On Monday, China’s official Xinhua news agency reported that Beijing’s state council… Read More ›
Trade war could last for 20 years: Jack Ma
Jack Ma’s remarks on the escalating trade war between the U.S. and China, were made at an investor conference. On Tuesday, during an investor conference, Jack Ma, Alibaba’s co-founder and chairman said, he expects trade frictions between China and the… Read More ›
China vows response to U.S. tariffs threat
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
U.S. trade relations improve with EU, Mexico and Canada
In what is likely to be a strategic move, the United States has moved quickly to reach new trade deals with Mexico, the EU and Canada and in doing so it can then focus its energies on China, which is… Read More ›
EU woos Trump with potential import of U.S soybeans and U.S. LNG
The EU’s strategic decision to publish historic trade data is a message to Trump: let us work and trade competitively rather than fight bashful wars. Tariff-free trade can be a win-win situation for both economies. On Thursday, the European Union… Read More ›