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Trade war

India in dialogue with US to resolve trade issues: Piyush Goyal

Goyal made the remarks while addressing a press briefing regarding a slew of recently-announced measures to prop-up country's exports.

Sep 17, 2019, 10:17 AM IST

US-China trade war starting to weigh on global economy: IMF

In its report released in Santiago in July, the IMF lowered its 2019 global growth forecast from 3.3 per cent to 3.2 per cent, citing international tensions and the US-China trade war in particular.

Sep 13, 2019, 17:57 PM IST

China, US to hold trade talks in October; Beijing says phone call went well

China and the United States on Thursday agreed to hold high-level trade talks in early October in Washington, amid fears that an escalating trade war could trigger a global economic recession.

Sep 05, 2019, 15:00 PM IST

China, US kick off fresh escalation in trade war; Donald Trump asks firms to find 'alternatives'

Trump, writing on Twitter, said his goal was to reduce US reliance on China and he again urged American companies to find alternate suppliers outside China.

Sep 02, 2019, 08:55 AM IST

Yuan weakens to 11-1/2-year low on trade fatigue, but PBOC fixing offers some relief

Losses were kept in check, however, after the central bank set a daily midpoint that was stronger than traders expected, raising hopes it was again trying to stabilise the currency.

Aug 27, 2019, 10:56 AM IST

Japan denies it gave away too much in trade talks with US

The US and Japan agreed in principle on Sunday to core elements of a trade deal that U.S. President Donald Trump and Prime Minister Shinzo Abe said they hoped to sign in New York next month.

Aug 26, 2019, 12:02 PM IST

Squabbles erupt among G7 nations as leaders gather for annual summit

Squabbles erupted among G7 nations on Saturday even before their leaders had gathered for an annual summit, exposing sharp differences on global trade tensions, Britain`s exit from the EU and how to respond to the fires raging in the Amazon rainforest.

Aug 25, 2019, 00:09 AM IST

Trade war gets murkier as Donald Trump orders US firms to exit China after tariff hike

We don’t need China and, frankly, would be far better off without them, says US President Donald Trump.

Aug 24, 2019, 09:26 AM IST

Yuan falls to fresh 11-year lows on trade war worries, despite state bank support

Traders said sentiment was fragile, with recent news headlines offering little hope of a U.S-China trade deal anytime soon and new U.S. levies on Chinese goods set to go into effect on Sept. 1.

Aug 22, 2019, 15:36 PM IST

China's Yuan steadies but stocks plunge as trade tensions grow

The currency has slumped 2.3% over the past three days and broken past the symbolic 7-per-dollar level, pounding stocks and pushing bonds higher as investors feared the yuan`s value has become a new front in the U.S.-China trade war.

Aug 06, 2019, 12:29 PM IST

US designates China a currency manipulator, escalates trade war

The US Treasury Department announced late on Monday that it had determined for the first time since 1994 that China was manipulating its currency.

Aug 06, 2019, 06:18 AM IST

China lets yuan break key seven level for first time in decade as trade war worsens

The sharp 1.4% drop in the yuan comes days after US President Donald Trump stunned financial markets by vowing to impose 10% tariffs on the remaining $300 billion of Chinese imports from September 1.

Aug 05, 2019, 14:37 PM IST

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