close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Trade war

Huawei to lay off hundreds of workers in US

Huawei is planning to lay off workers at a research facility called Futurewei Technologies that employs 850 people in research labs including in Texas, California and Washington state.

Jul 15, 2019, 11:57 AM IST

Taiwanese firms to set up IT, electronics cluster in Bengaluru

Taiwan's Ambassador to India Chung-Kwang Tien said with the ongoing US-China trade conflict, Taiwanese companies are looking to expand beyond the Chinese market and India can be a major beneficiary.

Jun 28, 2019, 10:23 AM IST

Apple products escaped fallout of trade war: Cook

Analysts have forecast that the move is likely to raise the cost of iPhones by as much as 14 per cent; that hasn't happened so far, Cook said.

Jun 06, 2019, 10:55 AM IST

Huawei challenges legality of US defence bill as sanctions fight ramps up

The motion, filed late on Tuesday in the U.S. District Court for the Eastern District of Texas, asks to declare the 2019 National Defense Authorization Act (NDAA) unconstitutional in an update to a lawsuit brought by Huawei in March.

May 29, 2019, 12:16 PM IST

Huawei shipments could fall by up to a quarter this year

Smartphone shipments at Huawei, the world`s second-largest smartphone maker by volume, could tumble between 4% and 24% in 2019 if the ban stays put, according to Fubon Research and Strategy Analytics.

May 25, 2019, 10:07 AM IST

Possibility of including Huawei in trade deal with China: Trump

The world's two largest economies are locked in a trade war since Trump imposed heavy tariffs on imported steel and aluminium items from China in March last year. In response, China imposed tit-for-tat tariffs on billions of dollars worth of American imports.

May 24, 2019, 12:53 PM IST

Thaw in US-China trade war as Donald Trump meets Xi Jinping on sidelines of G20 summit

The meeting between the two leaders, first since the trade war broke out earlier this year, eased mounting tensions.

Dec 03, 2018, 06:20 AM IST

Trade war: Donald Trump says he wants to negotiate a fair deal with China

Having slapped China with additional tariff on import of its products worth USD250 billion, Trump did not rule out coming up with more tariffs on Chines products.

Oct 15, 2018, 07:21 AM IST

China pumps USD 109 billion into economy as trade war bites on growth

China's central bank said that it was cutting the reserve requirement ratios (RRRs) by one per cent from October 15. 

Oct 07, 2018, 19:11 PM IST

Rising US-China tensions good opportunity for us: Pakistan

Islamabad has been trying to deepen ties with China in recent years as relations with the United States remain on tenterhooks. 

Oct 04, 2018, 13:15 PM IST

Global factors to be blamed for rupee depreciation: Jaitley

It had closed at a one-week high of 71.84 on Friday.

Sep 18, 2018, 10:54 AM IST

US President Donald Trump approves tariffs on USD 50 billion worth of Chinese goods, Beijing vows to retaliate

Trump has decided to leavy new taxes even after he received flak for imposing penalties in the G7 meeting last weekend attended by Canada, France, Germany, Italy, Japan and the United Kingdom

Jun 15, 2018, 16:41 PM IST

France's Macron pushes back at 'America First' agenda

France's President has urged the United States to embrace multilateralism.

Apr 26, 2018, 00:34 AM IST

If we concede an inch, US will take a foot: Chinese media on why Beijing will not blink first in trade war

The US is trying to threaten its way to forcing China to accept its unreasonable decisions, a state-run newspaper has said.

Apr 20, 2018, 23:37 PM IST

Rising US-China trade tension may restrain India’s growth in 2018: Study

India will claim the top spot among the world's fastest-growing major economies this year, says a poll conducted by Reuters.

Apr 19, 2018, 06:16 AM IST

On the brink of trade war? China retaliates over Trump tariff plan, announces duties on key US imports

Unlike Washington's list, which was filled with many obscure industrial items, China's list strikes at signature US exports.

Apr 04, 2018, 14:48 PM IST

Trade War: China slaps tariffs on 128 US products

The trade war between China and the US escalated on Monday, with Beijing slapping a tariff as high as 25 per cent on 128 American products.

Apr 02, 2018, 10:23 AM IST

Wall Street posts biggest one-day gain in 2-1/2 years as trade-war fears ebb

Wall Street`s three major indexes jumped to their greatest one-day gain in two-and-a-half years on Monday, led by the tech sector, as trade war fears eased on reports that the United States and China were willing to renegotiate tariffs and trade imbalances.

Mar 27, 2018, 06:24 AM IST

Trade war begins: US, China impose tariffs on each other

The US currently has nearly $500 billion of trade deficit with China

Mar 23, 2018, 06:52 AM IST

European Union says no 'immediate' clarity from US on trade tariffs

Trump administration announcement of duties of 25% on imported steel and 10% on aluminium has stung the EU, along with other major economies.

Mar 10, 2018, 23:00 PM IST