Trump’s China Threat Shakes Stock, Oil markets
Crude oil and global equity markets tumbled last Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, renewing investor jitters about the potential impact a tariff war would have on the world...
Trump Considers $100b More Tariffs on China Goods
President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, again intensifying up tensions with Beijing.
Trump said in a statement the further tariffs were being considered...
China Vows Counter Measures Against Trump’s tariffs
China has vowed imminent countermeasures in the escalating trade war between it and Donald Trump’s America as it also condemned the administration’s plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products.
The U.S. government...
China Slams Tariffs on US Pork, 127 others
China has responded to US imposition of tariffs on imports of Aluminium and steel by slamming tariffs by up to 25 percent on 128 U.S. products including frozen pork, wine and certain fruits and nuts.
The tariffs, to...
Volkswagen Recalls 350,000 Diesel Vehicles in U.S
Volkswagen AG has paid more than $7.4 billion to buy back about 350,000 U.S. diesel vehicles stored in 37 centres in the United States through mid-February. The German automaker has been storing hundreds of thousands of vehicles around...
Trade War Unsettles Stocks in US, China
The trade war ignited by U.S President Donald Trump against China has caused a dip in the stock markets of both countries.
The Dow Jones industrial average dropped more than 700 points as investors worried that trade tensions between...
