The dollar index, which measures the greenback against six major peers, rose 0.28 per cent at 96.3371 in late trading.
January 19, 2019The public will have until the end of August to comment on the list before the new tariffs come into effect.
July 11, 2018Stocks fell back slightly from that point, with Shanghai closing up half a percentage point.
July 6, 2018China on Tuesday accused the US of ”blackmailing” by threatening to slap additional tariffs on USD 200 billion of Chinese goods and warned that it would hit back with comprehensive measures if Washington went ahead with the plan. China’s response came after US President Donald Trump threatened to impose tariffs on an additional USD 200 …
Continue reading "China accuses US of blackmailing after Trump’s tariff threat"
June 19, 2018The seemingly endless trade standoff between the US and China looks set to continue as US President Donald Trump has given approval on tariffs on Chinese goods amounting to over $50 billion. The newest tariffs will come despite grumblings in the US market that Trump’s brinkmanship on trade has negatively impacted US industries. On Thursday, …
Continue reading "China–US trade standoff heats up again"
June 15, 2018