Page 20 - Us-china Trade War
Trade war: With new tariffs in place, prices may shoot up for US consumers
The 15% US taxes apply to about $112 billion of Chinese imports
 "Trade war: With new tariffs in place, prices may shoot up for US consumers")
Donald Trump's 15% tariffs on Chinese goods worth $112 bn take effect
After Sunday's tariff hike, 87% of textiles and clothing from China and 52% of shoes will be subject to import taxes
 "Donald Trump's 15% tariffs on Chinese goods worth $112 bn take effect")
Trade war: China, US to collect additional tariffs on each other's goods
The Trump administration will begin collecting 15% tariffs on more than $125 billion in Chinese imports; Beijing to impose 5% tariff on US crude oil
 "Trade war: China, US to collect additional tariffs on each other's goods")
13% firms will leave China, says Trump as new tariffs all set to kick in
A fresh set of tariffs are set to be imposed on Chinese products on September 1
Nomura cuts 2020 India growth forecast to 6.9%; pegs global growth at 3.3%
Nomura expects a gradual growth recovery to set in in the latter part of 2020, as Asian economies benefit from ongoing policy easing and a potential capex recovery in the tech sector
 "Nomura cuts 2020 India growth forecast to 6.9%; pegs global growth at 3.3%")
China cuts taxes in Shanghai FTZ to lure investment, undo trade war damage
The new preferential policies come as rising labour and land costs, along with higher US tariffs on Chinese goods, prompt some foreign firms to move their production facilities overseas
 "China cuts taxes in Shanghai FTZ to lure investment, undo trade war damage")
US firms hurt by trade war, but 97% of them still find China ops profitable
But they still aren't ready to give up on the Chinese market. Nearly 88 per cent say they have no plans to move out of China
Trade war: China indicates it won't retaliate now on new US tariffs
China has hit back against each previous tariff increase by the US, so not responding in kind this time may signal a change in strategy
 "Trade war: China indicates it won't retaliate now on new US tariffs")
Govt should use funds from RBI to stimulate economy, says ADB chief
The visiting ADB president supported the RBI's approval to the fund transfer and said the country should come up with more such ideas to support growth
 "Govt should use funds from RBI to stimulate economy, says ADB chief")
Govt sees gain in US-China trade war, to woo foreign firms like Apple
Govt ministries asked to submit their policies and incentive structures for Invest India, luring companies affected by US-China dispute.
 "Govt sees gain in US-China trade war, to woo foreign firms like Apple")
Apple data shows deepening dependence on China amid trade war, more tariffs
Even if Apple can make devices in India or Vietnam, the volumes would be small compared with Apple's overall needs
China's slowdown deepens in August on declining exports, tensions with US
With trade tensions worsening and the currency weakening past 7 to the dollar, policy-makers have stepped up targeted measures to support the economy
 "China's slowdown deepens in August on declining exports, tensions with US")
India can increase trade footprint amid US-China tiff, says DBS Bank report
Apart from trade, diversion in investment flows is an opportunity that India could benefit from, as manufacturers seek alternative origination destinations, said the report
 "India can increase trade footprint amid US-China tiff, says DBS Bank report")
Trump foresees a trade deal, says China bowing to economic pressure
Chinese Vice Premier Liu He, who has been leading the talks with Washington, said on Monday that China was willing to resolve the trade dispute through 'calm' negotiations
 "Trump foresees a trade deal, says China bowing to economic pressure")
No impact of US-China trade war on India: CEA Krishnamurthy Subramanian
Our exports share is still very small. Our share of global export trade itself is about 2%, said CEA
 "No impact of US-China trade war on India: CEA Krishnamurthy Subramanian")
World's largest wealth manager turns bearish on stocks as trade war deepens
The Swiss asset manager cut its stock positioning relative to high-grade bonds to reduce its exposure to trade wars and political uncertainty
 "World's largest wealth manager turns bearish on stocks as trade war deepens")
Apple's $44 billion valuation drop shows growing cost of reliance on China
US President Donald Trump this weekend 'ordered' American companies to immediately start looking for alternatives to manufacturing in China
How trade war between US and China could be fueling Amazon fires
The danger of the current situation is that China's hunger for soy may derail the halting recent progress in ending deforestation
 "How trade war between US and China could be fueling Amazon fires")
Quarter of China's sportswear factories lying idle: Nike competitor
The idling capacity in a country that's long been the workshop to the world underscores the blow of the trade war to Chinese manufacturers
Amid Trump's attacks, US Fed says trade war, not rates, undermining economy
Trump has elevated his criticism of the central bank to a shrill level in recent weeks
 "Amid Trump's attacks, US Fed says trade war, not rates, undermining economy")
