US-China trade war is a ‘lose-lose’ situation for them and the world, warn UN economists

Nov 06, 2019, at 10:00 am

New York/IBNS: The trade tariff spat between China and the United States has been a “lose-lose” situation for both countries and the wider world and it is likely to deteriorate unless a deal is reached, UN economists said on Tuesday.

At UN, China says it will not be ‘blackmailed’ or yield to trade pressure

Sep 29, 2018, at 07:41 am

New York, Sept 29 (IBNS): International trade is “win-win by nature” and should not be a zero-sum game, China’s Foreign Minister Wang Yi told world leaders at the United Nations today, saying that China “will not be blackmailed or yield to pressure.”

Trade war: President Xi says will relax trade policies, open up parts of Chinese economy

Apr 10, 2018, at 07:21 pm

Beijing, Apr 10 (IBNS): Chinese President Xi Jinping has vowed to open up parts of China's economy and relax certain trade policies, reports said on Tuesday.

Trade War: Donald Trump threatens to slap $100 billion in additional tariffs on China

Apr 06, 2018, at 03:05 pm

Washington, Apr 6  (IBNS): US President Donald Trump has said he is mulling an additional $100 billion in tariffs on China, media reports said.

US government releases proposed China tariff list

Apr 04, 2018, at 03:22 pm

Washington, Apr 4 (IBNS): The Office of the U.S. Trade Representative (USTR) has published a proposed list of products imported from China that could be subject to additional tariffs.

Beijing mulling retaliation after US announces tariffs on Chinese imports

Mar 23, 2018, at 09:09 pm

Beijing/Washington, Mar 23 (IBNS): Alleging years of intellectual property theft by China, the White House announced on Thursday that it is planning to impose tariffs on Chinese imports, prompting the latter to mull retaliatory steps.

Trump hints at sanctioning Beijing, experts say US-China trade war could widen

Mar 22, 2018, at 06:23 pm

Washington/Beijing, Mar 22 (IBNS): US President Donald Trump has hinted that his administration could impose sanctions against China on Thursday, after reports claimed that Beijing indulges in transfer and theft of intellectual property from US businesses.

President Trump's decision to hike import tariff of steel and aluminium puts nations in a quandary

Mar 03, 2018, at 08:46 pm

Mumbai, Mar 3 (IBNS): The global market fears that the decision taken by the United States to impose heavy tariff on imported steel and aluminium may spiral into a trade war, media reports said.