US-China trade war may soon become a currency war, strategist warns
July 03, 2019 at 02:50 PM
Washington could trigger a currency war in “two to three years” once it shifts away from the trade war with China, according to Christian Gattiker, head of research at Julius Baer Group. Read More »
Trump says ‘very big trade deal’ with India may be coming
July 03, 2019 at 02:47 PM
US President Donald Trump has hinted that Washington and New Delhi may settle their trade dispute. It comes as the two countries have already hit each other with tit-for-tat tariffs and the US ended trade privileges for India. Read More »
‘Time will tell’: Trump not sure he is ready to stop China trade war, despite ‘excellent’ Xi meeting
July 02, 2019 at 11:58 AM
The trade dispute, including the US ban on tech giant Huawei, has dominated bilateral talks between Donald Trump and his Chinese counterpart Xi Jinping, but the US leader is not sure if the two sides are ready to strike a deal. Read More »
US will sanction any country that buys oil from Iran, no exemptions – special envoy
July 02, 2019 at 09:46 AM
The United States will put sanctions on any country that imports Iranian oil, and no exemptions are currently in place, US special envoy for Iran Brian Hook told reporters in London. Read More »
China blocks all Canadian meat imports as trade war with US heats up
June 30, 2019 at 12:07 PM
China has suspended all imports of meat from Canada, saying it found traces of illegal feed and demanding action. The move comes amid a trade war with the US and extradition hearings for an arrested Huawei executive. Read More »
‘Dollar becoming toxic’, more nations searching for alternatives – Russia’s foreign intel chief
June 27, 2019 at 12:20 PM
The use of the US dollar presents risks and more nations are looking into finding alternative tools for doing business, according to the director of the Russian Foreign Intelligence Service, Sergey Naryshkin. Read More »
Trump: US to Put Tariffs on $325bln of Chinese Goods if Washington Doesn't Agree a Deal With Beijing
June 16, 2019 at 01:41 PM
On Monday, US President Donald Trump stressed in an interview with CNBC that if China's leader Xi Jinping does not meet him at the G20 summit, tariffs on $300 billion worth of Chinese goods would come into effect immediately. Read More »
China asks India to team up to ward off US ‘bullying’ trade practices
June 12, 2019 at 11:32 AM
Chinese authorities have invited the Indian government to join efforts to effectively offset the potential impact of “protectionist“ and “unilateral“ trade practices implemented by the US across the world over recent months. Read More »
Global trust in the US dollar is falling – Putin
June 12, 2019 at 09:37 AM
The role of the US dollar as a reserve currency should be reconsidered since it has become Washington’s political weapon, Russian President Vladimir Putin told participants at the St. Petersburg International Economic Forum. Read More »
Russia to double global food exports, ready to replace US agricultural products in China
June 12, 2019 at 09:31 AM
Russian agricultural exports will continue to grow and are expected to reach $45 billion within the next five years, according to Agriculture Minister Dmitry Patrushev. Read More »
