Global Trade War | The Asian Age

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Germany's economy contracted on weaker exports in the second quarter, and leading economists say it is facing a recession, as German firms have been caught in the crossfire of a US-China trade war. (Photo: AP)

'Hope China, US trade problems will be over soon,' says Merkel

Merkel made the remarks at the start of formal talks with Chinese Premier Li Keqiang at Beijing's Great Hall of People during trip to China.

06 Sep 2019 10:34 AM

The world's two biggest economies have been embroiled in a bruising year-long trade war which escalated further on Sunday when Washington moved ahead with fresh levy hikes which Beijing had promised to match. (Photo: File)

After imposition of fresh tariffs, China lodges WTO trade complaint against US

US's latest levies on imports from China took effect under high-pressure campaign aimed at compelling Beijing to sign a new trade deal.

03 Sep 2019 11:14 AM

Trump said layers of US tariffs have hurt China so badly that it will have no choice but to make a trade deal with the United States. (Photo: File)

'Sorry, it's the way I negotiate': Donald Trump on US-China trade

Trump was challenged on a negotiating style in which he praises Chinese President Xi Jinping one day and castigates him the next.

27 Aug 2019 12:39 PM

Trump said that his pressure had paid off, bringing the Chinese back to the table after talks had appeared to have gone off the rails. (Photo: File)

'China called last night': Trump says trade talks to resume 'very shortly'

Trump said that Chinese officials had made two 'very, very good calls' and that 'they want to make a deal'.

26 Aug 2019 2:17 PM

It would be the first time a G7 summit ends without a communique since meetings began in 1975, underscoring the rift US President Donald Trump's 'America First' trade policies has created among the G7 advanced economies. (Photo: File)

G7 summit may end without joint communique due to trade tensions

The G7 comprises the United States, France, Britain, Japan, Germany, Italy, Canada and the European Union.

20 Aug 2019 1:57 PM

In addition to his comments on Apple, Trump said on Twitter earlier in the day that his administration was 'doing very well with China' . (Photo: AFP)

Tim Cook 'made good case' that tariffs could hurt Apple: Trump

By contrast, the United States and South Korea struck a trade agreement last September.

19 Aug 2019 12:32 PM

Trump's comments fanned fears on Wall Street that the world's two largest economies were digging in for a longer and costlier trade war, causing major stock indexes to extend losses to more than 1per cent. (Photo: File)

Trump says US and China still talking on trade but not ready for a deal

Trump, speaking to reporters at White House, also called into question whether another round of scheduled talks would take place in Sept.

10 Aug 2019 10:02 AM

Trump had assured Xi that some of restrictions on Huawei would be relaxed, but US companies have complained that they have received few answers about the situation so far. (Photo: File)

'China was killing us with unfair trade deals,' says Donald Trump

US-China trade war escalated sharply after Washington on Monday branded Beijing currency manipulator for first time since 1994.

08 Aug 2019 8:04 AM

As a result of the ongoing trade war between the US and China, imports from China to the US dropped by 12 per cent and America's export to China fell by 19 per cent, the daily said. (Photo: File)

China no longer US' top trading partner as tariff war continues

After coming to power, Trump has imposed 25 per cent import tariff on chinese products worth USD 250 billion.

03 Aug 2019 10:23 AM

The two days of talks are to be led on the US side by trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. (Photo: AFP)

China-US trade talks to restart after G-20 tariff truce

The negotiations in China’s financial hub will be the first face-to-face discussions since negotiations collapsed in May.

30 Jul 2019 9:56 AM

President said, 'We will work it out. I think they are going to announce that they are going to build a plant in Texas. And if they do that, I am starting to get very happy.' (Photo: File)

Manufacture in US, not China to avoid tariffs, Trump tells Apple

Earlier in the day, Trump said Apple will not get any tariff waiver for its products made in China.

27 Jul 2019 1:21 PM

Later, he confirmed earlier hints that wine may be the target. (Photo: File)

Donald Trump threatens wine tariffs in retaliation over French tech tax

'We will announce a substantial reciprocal action on Macron's foolishness shortly,' Trump said.

27 Jul 2019 12:43 PM

China has not confirmed the missile tests yet. (Photo: AFP/Representational)

Chinese missile launch in disputed South China Sea was 'disturbing': Pentagon

Chinese foreign ministry declined to comment, referring the questions to defense ministry, which did not respond to a request for comment.

03 Jul 2019 12:35 PM

'I am in no hurry, but things look very good,' Trump wrote in a post on Twitter, referring to ongoing talks between Washington and Beijing. (Photo: File)

'No hurry, quality of transaction important': Trump on trade deal with China

Trump also said he would not increase existing tariffs to China.

30 Jun 2019 12:29 PM

The crunch talks on the damaging trade war between the world's top two economies came on the sidelines of a meeting of the G-20 in Japan's Osaka, with all eyes on whether the pair would agree a truce. (Photo: FIle)

Trade talks with China 'back on track': Trump, agrees to hold off on new tariffs

'We had a very good meeting with President Xi of China,' Trump said after the talks. 'I would say excellent.'

29 Jun 2019 12:11 PM

For his part, Xi said that 'dialogue' was better than confrontation after both sides had slapped tit-for-tat tariffs on each other's goods. (Photo: File)

'Ready for 'historic' trade deal with China at G-20 Summit,' says Donald Trump

Trump said: 'It would be historic if we could do a fair trade deal. We are totally open to it.'

29 Jun 2019 9:31 AM

The United States and China have waged an 11-month trade war marked by tit-for-tat tariffs on hundreds of billions of dollars of each others' goods, roiling financial markets, disrupting supply chains and crimping global economic growth prospects. (Photo: AP | File)

Trump 'comfortable with any outcome' on trade talks with Xi Jinping: US official

The much-anticipated meeting at G-20 summit in Japan will be the first face-to-face meeting for leaders since trade talks broke off in May.

25 Jun 2019 10:57 AM

Speaking to Xi on Tuesday, Trump further said that the world hopes to see the United States and China reach an agreement. (Photo: File)

Xi Jinping, Donald Trump hold talks amidst trade dispute

The talks were held at the request of US President Donald Trump, according to Chinese state media agency Xinhua.

19 Jun 2019 8:40 AM

Trade talks between the world's two largest economies fell apart in May. (Photo: AP | File)

'Have a feeling that we’re going to make a trade deal with China,' says Trump

Trump also reiterated his intention to meet with Chinese President Xi Jinping but gave no further details.

13 Jun 2019 10:03 AM

Trump has repeatedly said he is getting ready to meet Xi at the summit in Osaka, Japan, at the end of June, but China has not confirmed it. (Photo: AP | File)

Trump defends tariff strategy, China says 'not afraid' of trade war

'Tariffs are great negotiating tool,' Trump tweeted, one day after saying he was ready to impose another round of punitive tariffs on China.

12 Jun 2019 11:56 AM

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Shobhaa De