Wall Street sinks as yuan slide inflames US-China trade dispute, Dow falls 767 points
The yuan weakened past the key seven-per-dollar level to its lowest level in 11 years, after the People`s Bank of China, with the blessing of policymakers in Beijing, set its daily midpoint at the weakest level in eight months.
Aug 06, 2019, 10:28 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
No easy options for China as trade war, US pressure bite
China said this week it would impose higher tariffs on most US imports on a revised $60 billion target list.
May 15, 2019, 14:07 PM IST
Don't blame China for taking our advantage, blame our leaders: Donald Trump
In his State of the Union address, Donald Trump claimed that he had managed to put an end to China stealing American jobs and wealth.
Feb 06, 2019, 10:27 AM IST
China eagerly wants to make trade deal with US: Trump
In December last year, Trump and Chinese President Xi Jinping at a meeting in Argentina agreed to give a pause to the trade war and reach an agreement before March 1.
Jan 24, 2019, 10:08 AM IST
China's economy slumps to 28 year low to 6.6% in 2018
In the three months to December, the economy grew 6.4% from a year earlier, down from 6.5 percent in the previous quarter.
Jan 21, 2019, 10:27 AM IST
US, China dealing trade negotiations at highest levels: Trump
China has pledged to take measures to step-up American imports and investments to meet the US' demand of bringing down the USD 375 billion bilateral trade deficit.
Jan 05, 2019, 14:49 PM IST
G-20 Summit: Xi Jinping, Donald Trump agree on trade war truce during dinner; no new tariffs 'after January 1'
US President Trump met his Chinese counterpart over dinner amid heightened trade war tensions.
Dec 02, 2018, 08:33 AM IST
Alibaba's Jack Ma says US-China trade friction could last 20 years
Ma was speaking at an Alibaba investor conference hours after Washington said it would impose duties on an extra $200 billion worth of Chinese imports, drawing a warning from Beijing that it would retaliate.
Sep 19, 2018, 13:59 PM IST
Chinese exports accelerate even as Trump escalates trade war
Washington is set to begin collecting 25 percent tariffs on another $16 billion in Chinese goods on August 23.
Aug 08, 2018, 18:08 PM IST
US President Donald Trump approves tariffs on USD 50 billion worth of Chinese goods, Beijing vows to retaliate
Trump has decided to leavy new taxes even after he received flak for imposing penalties in the G7 meeting last weekend attended by Canada, France, Germany, Italy, Japan and the United Kingdom
Jun 15, 2018, 16:41 PM IST
If we concede an inch, US will take a foot: Chinese media on why Beijing will not blink first in trade war
The US is trying to threaten its way to forcing China to accept its unreasonable decisions, a state-run newspaper has said.
Apr 20, 2018, 23:37 PM IST
Nationalism vs fast food? Burger, donuts and chicken too good for Chinese to give up
Despite US-China trade tiff, Chinese consumers largely agree that calls to boycotts American fast food joints are from a small section of people looking to create ruckus.
Apr 14, 2018, 18:37 PM IST
Explained: US-China Trade fight and what happens next
The US has voiced willingness to negotiate a resolution to an escalating trade fight with China after Beijing retaliated against proposed US tariffs.
Apr 05, 2018, 11:50 AM IST
Apple CEO Tim Cook says 'calm heads' needed in looming US, China trade war
Amid fears of a possible trade war between the world's top two economies over import tariffs.
Mar 24, 2018, 20:12 PM IST
Global economic recovery will plunge if US-China trade war soar: Raghuram Rajan
The former RBI chief said that there are very worrisome scenarios, and we should not take this as lightly.
Mar 23, 2018, 21:28 PM IST
Chinese stock markets open down 3% after launch of trade war with US
China has announced a list of US goods including pork and aluminium pipe it says may be hit by higher tariffs in response to President Donald Trump's higher import duties on steel and aluminium.
Mar 23, 2018, 07:53 AM IST
Donald Trump set to impose tariffs on $50 billion in Chinese goods
Donald Trump has maintained that the US has a mammoth trade deficit with China but experts repeatedly warn that any action could make ordinary goods - made in China - expensive for Americans at large.
Mar 22, 2018, 22:12 PM IST