trade battle

BEIJING | American officials due in Beijing for talks on trade battle

BEIJING —Jan 04, 2019— American officials are due in Beijing Monday for talks aimed at easing the U.S.-China trade battle that threatens to hobble global economic growth. The talks are going ahead despite tension over the arrest of a Chinese tech executive in Canada on U.S. charges related to possible violations of trade sanctions on … Continue reading BEIJING | American officials due in Beijing for talks on trade battle

BEIJING | China says talks with US on trade battle have resumed

BEIJING — Washington and Beijing have resumed talks over their spiraling trade dispute ahead of a meeting between Presidents Xi Jinping and Donald Trump, China’s Commerce Ministry said Thursday. The two sides are “maintaining close contact” following a Nov. 1 phone call between Xi and Trump, said ministry spokesman Gao Feng. He gave no details … Continue reading BEIJING | China says talks with US on trade battle have resumed

BEIJING | Global stocks mostly lower as investors await US tariff hike

BEIJING — Major global stock markets were mostly lower Tuesday after Wall Street‘s gains as investors waited for a new U.S. tariff hike in a trade battle with China. KEEPING SCORE: In early trading, Germany’s DAX lost 0.1 percent to 11,971.94 and London’s FTSE 100 fell 0.3 percent to 7,258.47. France’s CAC 40 was little-changed … Continue reading BEIJING | Global stocks mostly lower as investors await US tariff hike

NEW YORK | Stocks fall again on trade war, rate worries

NEW YORK— U.S. stock indexes fell Friday after President Donald Trump said he may intensify his trade battle with China. A strong jobs report also pushed investors to gird for higher interest rates. The S&P 500 bounced between modest gains and losses in an up-and-down day, but its most decisive move was downward after Trump … Continue reading NEW YORK | Stocks fall again on trade war, rate worries

SEOUL, South Korea | South Korea’s central bank cuts outlook on trade battle

SEOUL, South Korea — South Korea’s central bank cut its forecast on the country’s economy Thursday, citing mounting uncertainties from the U.S.-China trade battle. The Bank of Korea said it lowered its growth outlook on Asia’s fourth-largest economy to 2.9 percent this year, compared with its earlier forecast of 3 percent growth. The bank said … Continue reading SEOUL, South Korea | South Korea’s central bank cuts outlook on trade battle

BEIJING | China auto sales growth weakens in June amid trade battle

BEIJING  — China’s auto sales decelerated in June, adding to economic pressure on Beijing amid a worsening trade battle with Washington, an industry group reported Wednesday. Sales of SUVs, sedans and minivans rose 2.3 percent in the most populous auto market, down from May’s 7.9 percent growth, according to the China Association of Automobile Manufacturers. … Continue reading BEIJING | China auto sales growth weakens in June amid trade battle