TRADE WARS

News About World Trade

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EU blacklists 9 Russians involved in sentencing of Putin critic
Jun 06, 2023 (UPI)
The nine Russians hit with asset freezes include those involved in Kara-Murza's arrest, detention, prosecution and conviction. Among those named is Oleg Sviride...
EU agrees economic weapon in face of China trade spat
Jun 06, 2023 (AFP)
The new weapon would allow the 27-nation bloc to impose tariffs, restrict investment and limit access to public contracts for nations seen as engaging in econom...
Blinken eyes trip to China as tensions ease
Jun 06, 2023 (AFP)
Blinken had been set to travel to China in February but canceled the trip after the United States detected and later shot down what it said was a Chinese espion...
China inaugurates embassy in Honduras
Jun 05, 2023 (AFP)
The ceremony was held at a hotel in the capital Tegucigalpa, as Beijing has not yet defined the building where its diplomatic mission will operate. An interim e...
Sunak lauds UK defence chief amid NATO speculation
Jun 05, 2023 (AFP)
Wallace, a former captain in the British Army, is seen as a leading contender to replace Jens Stoltenberg who will retire as NATO secretary-general in October a...
Cash-strapped Bangladesh shuts power plant as heatwave hits
Jun 05, 2023 (AFP)
The 1,320-megawatt government-run Payra Power Plant in southern Bangladesh had already slashed production last month due to fuel shortages, but it was forced to...
Senior US official to travel to China for rare visit: govt
Jun 03, 2023 (AFP)
Assistant Secretary of State for East Asian and Pacific Affairs Daniel Kritenbrink will travel to China and New Zealand from June 4-10, the US State Department ...
Asian markets surge on Fed rate hopes
Jun 02, 2023 (AFP)
With US default worries out of the way after senators passed a debt ceiling bill for President Joe Biden to sign following months of wrangling, attention has re...
Ajay Banga starts work as new World Bank president
Jun 02, 2023 (AFP)
"We are at a critical moment in the arc of humanity and the planet," Banga wrote Friday morning in an email to staff obtained by AFP, calling on the bank to "ev...
Asian, European markets surge on Fed rate hopes
Jun 02, 2023 (AFP)
With US default worries out of the way after senators passed a debt ceiling bill for President Joe Biden to sign following months of wrangling, attention has re...
BRICS ministers open to enlargement as Putin looms large
Jun 01, 2023 (AFP)
Foreign ministers from the five-nation grouping of Brazil, Russia, India, China and South Africa called for a "rebalancing" of the global order, as they met in ...
Stocks mixed as US debt bill news offset by Fed, China worries
Jun 01, 2023 (AFP)
After weeks of brinkmanship, Democrats and Republicans came together to push through an agreement to lift the debt ceiling in rare bipartisan cooperation. Hardl...
Australia 'hopeful' China will lift barley tariffs
Jun 01, 2023 (AFP)
Australia has this year resumed exports of coal and timber, which were among a slew of commodities hit by Chinese import bans and restrictions as diplomatic rel...
China factory activity declines further in May
May 31, 2023 (AFP)
The official manufacturing purchasing managers' index (PMI) -- a key measure of factory output -- fell to 48.8 this month, below the 50-point mark that separate...
Markets tumble as hardline Republicans threaten US debt deal
May 31, 2023 (AFP)
Further signs that China's post-pandemic recovery was fading added to the downbeat mood on trading floors, as did worries that the US Federal Reserve is likely ...
Crypto here to stay, must be regulated: Hong Kong treasury chief
May 30, 2023 (AFP)
Cryptocurrencies have been banned in mainland China since 2021, but the former British colony, which has a separate financial system and regulators, has announc...
Asian markets mixed as traders await US debt ceiling vote
May 30, 2023 (AFP)
President Joe Biden and House Speaker Kevin McCarthy hammered out an agreement at the weekend that saw both sides give ground, a week before a June 5 deadline w...
Equity markets mixed as traders await US debt ceiling vote
May 30, 2023 (AFP)
President Joe Biden and House Speaker Kevin McCarthy hammered out an agreement at the weekend that saw both sides give ground, a week before a June 5 deadline w...
WTO to rule in Indonesia-EU steel stand-off
May 30, 2023 (AFP)
The WTO's Dispute Settlement Body decided to examine the countervailing and anti-dumping measures Brussels has imposed on imports of stainless-steel cold-rolled...
Asian markets rally as traders welcome US debt deal
May 29, 2023 (AFP)
After weeks of wrangling, the two announced that an agreement had finally been reached and urged lawmakers on both sides of the aisle to vote for it before the ...
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