Trade war

Gold prices surged to a record high in Asian trade on Friday, extending a recent run-up as demand for safe haven assets remained underpinned by heightened fears of a bitter U.S.-China trade war. The yellow metal clocked stellar gains this…

China’s 84% retaliatory tariffs on the U.S. took effect from midday, Chinese time, on Thursday, marking an escalation in a steadily worsening trade war with the United States. China’s 84% tariffs on U.S. goods went into effect from 12:01…

President Donald Trump on Sunday denied that his trade war with China is causing friction at the G7 summit, but indicated he will hold off from a threatened further escalation for now. “I think they respect the trade war. It has to…

The U.S.-China trade war and uncertainty over Brexit that are “increasing by the day' pose risks to Africa’s economic prospects  and could cause a review of growth projection for the continent, according  to Akinwumi Adesina, head of…

When a relatively unknown Chinese company called Jushi built a state-of-the-art fiberglass factory in the pine woods of South Carolina not long ago, it made a big splash. In a chronically depressed area where the most conspicuous…

Stocks across Asia advanced on Monday as China’s efforts to stop sharp declines in its currency and capital flight supported wider sentiment in the region while oil rises. The escalating Sino-U.S. trade conflict capped gains.…

China is fully prepared for the U.S.’ threats to escalate the two countries’ trade war and will have to fight back to defend its dignity and the interests of its people, the commerce ministry said on Thursday. China upholds the use…

China on Tuesday urged the U.S. not to allow Taiwan President Tsai Ing-wen to transit its territory when she visits Belize and Paraguay in August. That statement according to the report has added to the tension between Beijing and…

United States President Donald Trump on Monday said China had pledged to buy “massive amounts” of American agricultural products. However, he gave no other details about planned commitments from Beijing, following U.S.-China trade talks…