Trade War | The Asian Age

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Donald Trump's top aides on Sunday downplayed the idea of US companies being forced to abandon China any time soon, as an edict from the president ordering businesses to start looking for alternatives has been met with skepticism. (Photo: File)

Trump aides downplay ‘order’ to US companies to leave china

Trump said he has 'no plan now' to bring US companies in line, and his aides quickly reinforced the message.

26 Aug 2019 10:47 AM

US President Donald Trump on Friday announced to raise existing and planned tariffs on Chinese products in retaliation for Beijing's announcement earlier in the day of new duties on American goods. (Photo: File)

Amid escalating trade war, Trump increases 5 pc tariff on Chinese goods

In his statement, which was mainly against China, Trump also issued a warning to other countries as well.

24 Aug 2019 9:06 AM

Latest data from the US Treasury Department showed that Japan was the largest holder, with holdings of American government securities worth USD 1.122 trillion, followed by Mainland China whose exposure stood at USD 1.112 trillion. (Representational Image/ Pixabay)

India's holding of US govt securities jumps to USD 162.7 bln

Among the major foreign holders of the Treasury securities, India was at the 13th position with holding to the tune of USD 162.7 billion.

18 Aug 2019 4:08 PM

Concerns over economic slowdown, muted earnings, crisis in the auto industry and global trade issues have been weighing on investor sentiment, experts said.

Global factors to determine market trend this week: Experts

Participants are also awaiting measures from the government to boost growth and revive consumer sentiment, experts added.

18 Aug 2019 11:26 AM

China doing very poorly as a result of trade war: Donald Trump

Trump claimed that millions of jobs have been lost and thousands of companies are shutting down in China.

16 Aug 2019 12:33 PM

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

Chinese employees in the United States were being given an option to return home and stay with the company. (Photo: AP)

Huawei plans huge cutbacks at its US enterprise

The layoffs are expected to affect jobs at Huawei’s US-based research and development subsidiary Futurewei Technologies.

15 Jul 2019 12:22 PM

Japan also told the South Korean officials that South Korea’s trade control system was “vulnerable”.

Japan export restrictions are not countermeasures over forced wartime labour

South Korean officials did not ask that Japan withdraw the export restrictions.

13 Jul 2019 1:11 PM

Responses are required by July 31, a short time frame that underscores the Pentagon’s urgency. The US government’s fiscal year ends in September.

Pentagon in pursuit of US rare earths output amid China trade dispute

The Pentagon is rapidly assessing the United States’ rare earths capability in a race to secure stable supply of the specialized material.

13 Jul 2019 12:57 PM

Indian tariffs on US goods unacceptable: Donald Trump

The trade row has prompted both countries to raise tariffs and created unease over the depth of their security alliance.

10 Jul 2019 8:47 AM

Huawei sued the US government in early March, in a complaint filed in federal court in Texas, saying that a law limiting its American business was unconstitutional. (Photo: ANI)

Throw out Huawei lawsuit, US ask federal court

The US government filed a motion on Wednesday asking for the dismissal of a lawsuit by Chinese telecommunications giant Huawei.

06 Jul 2019 12:25 PM

Memory chipmakers like Samsung and South Korea’s SK Hynix are hurting as rising tariffs hit global demand for electronics. (Photo: AP)

Samsung Electronics take hit, one-off gains to beat expectations

The South Korean tech giant is on track to post year-on-year profit declines for a third consecutive quarter.

06 Jul 2019 11:31 AM

As part of preparations, U.S. Trade Representative Robert Lighthizer spoke by phone Monday with the top Chinese negotiator, Vice Premier Liu He. (Photo: File)

China hoping Trump-Xi meeting will help bridge differences

Trump has already imposed 25% tariffs on $250 billion in Chinese imports and China has retaliated with tariffs on US goods.

25 Jun 2019 4:53 PM

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: File)

Trump 'comfortable with any outcome' in talks with Xi Jinping: US Official

The much-anticipated meeting at the G20 summit will be the first face-to-face meeting for the leaders since trade talks broke off in May.

25 Jun 2019 1:14 PM

‘The Chinese side hopes the US side can treat Chinese firms in a fair manner. I agree to have the two countries' trade teams maintain contact on how to solve the dispute,’ Chinese premier Xi said. (Photo: AP)

President Xi to attend G20 summit, set to meet Trump to end trade war

‘We will be having an extended meeting next week at G-20 in Japan. Our respective teams will begin talks prior to our meeting,’ Trump said.

23 Jun 2019 1:13 PM

Obviously, in a situation when the world is seeing trade wars across nations, across continents, India will come in the crossfire. But then its a cross fire which we can handle, Piyush Goyal said during Question Hour in Rajya Sabha..

India well placed to deal with global trade crossfire: Goyal

At a time when the world is witnessing trade wars across nations, India too will be impacted.

21 Jun 2019 4:23 PM

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

The ban has forced companies, including Alphabet Inc’s Google and British chip designer ARM to limit or cease their relationships with the Chinese company. (Photo: AP)

Huawei states that US ban to wipe out astonishing USD 30 billion off revenue

Ren’s downbeat assessment that the ban will hit revenue by USD 30 billion comes as a surprise after weeks of defiant comments.

18 Jun 2019 7:34 AM

The broader Nifty fell 0.58 per cent to 11,755.05 as of 0510 GMT, while the benchmark Sensex declined 0.52 per cent to 39,247.55.

Sensex, Nifty falter as tariffs on US goods stoke trade war fears

India putting retaliatory tariffs on US is creating a fear of a trade war,' said Siddhartha Khemka of Motilal Oswal Securities.

17 Jun 2019 12:49 PM

The Indian products which can tap the Chinese market include copper ores, rubber, paper/paperboard, equipment for transmission voice/data in a wired network, tunes and pipes. (Photo: PTI/File)

India can boost exports of 300 products to US, China amid trade war: Report

Both US and China are imposing heavy import duties on each other's products, which has triggered a trade war.

16 Jun 2019 1:59 PM

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Sunil Gatade