trade war news

The de-escalation of a trade war could result in a weaker dollar and stronger global growth, which along with International Maritime Organization (IMO) changes to shipping fuel rules could raise Brent oil to $90 a barrel, Bank of America, Merrill Lynch said. “The new shipping fuel … Read...

Business economists overwhelmingly worry President Donald Trump’s trade wars will harm the US economy, according to a survey released Monday. The Trump administration on Thursday is due to impose its latest round of punitive tariffs on China, … Read more via The Guardian Nigeria Newspaper –...

President Recep Tayyip Erdogan on Tuesday said Turkey would boycott US electronic goods like the iPhone in retaliation for punitive sanctions from Washington, as the Turkish lira finally clawed back some ground after going into a tailspin over the tensions.... Read more via The Guardian...

Chinese state media kept up their criticism of U.S. President Donald Trump’s trade policies, with a newspaper on.... Read more via TODAY.NG – https://ift.tt/2vKNtXc Get more World News

Secretary of State Mike Pompeo faced criticism from China and skepticism from Southeast Asian powers over U.S. trade policies, as well as a warning from North Korea about Washington’s approach to talks, at a weekend … Read more via MarketWatch.com – Top Stories – https://ift.tt/2MlxupD Get...

After a phony war stretching to the earliest days of his presidency, Donald Trump fired off the loudest salvo yet in his trade battle with China in July. Threatening to impose 10% tariffs on over $500bn of … Read more via African Business Magazine – https://ift.tt/2M7t9q2 Get more: Nigeria...

President Donald Trump declared victory for American farmers Thursday after brokering a ceasefire in a trade dispute with the European Union, but it is unclear how soon it will bring relief to those hurt by tit-for-tat tariffs. The White House painted the agreement as a vindication of the US...

As the risks of his trade war become apparent in key electoral battlegrounds, his low-yield summits with the leaders of Russia and North Korea are lampooned and the Russia investigation threatens, the President is trying to do what he does best — bend political reality. “Just remember, what...

A trade war is now a reality, French Finance Minister Bruno Le Maire has warned as G20 ministers gather for a summit in Argentina. The current US trade policy of imposing unilateral tariffs is based on “the law of the jungle”, he said. But US Treasury Secretary Steven … Read more via...