Page 21 - Us China Trade War
'Bullying' US would eat its own bitter fruit: China on tariff hike
European leaders have also warned US President Donald Trump of the dangers of trade skirmishes with China and Europe, which look set to dominate the G7 summit due to begin in France
 "'Bullying' US would eat its own bitter fruit: China on tariff hike")
Intensifying US-China trade war pushes gold futures to record high
In India, the rise in gold prices as well as the depreciation in the rupee value has pushed its prices to new highs
 "Intensifying US-China trade war pushes gold futures to record high")
G7 summit: Emmanuel Macron, Donald Tusk sound alarm over trade war risks
"Trade wars will lead to recession, while trade deals will boost the economy," Tusk said as leaders of the G7 countries descended on the French resort town of Biarritz for a three-day summit
 "G7 summit: Emmanuel Macron, Donald Tusk sound alarm over trade war risks")
Donald Trump orders firms out of China as Beijing sets new duties
China on Friday said it would impose retaliatory tariffs on $75 billion of US goods, targeting crude oil for the first time and renewing punitive duties on American-made autos
Wall Street tumbles as Donald Trump escalates trade dispute with China
Jerome Powell says will 'act as appropriate' to support growth as indexes fall.
 "Wall Street tumbles as Donald Trump escalates trade dispute with China")
China escalates trade war, hikes tariffs on $75 billion of American goods
The tariffs of 10 per cent and 5 per cent take effect on two batches of goods on September 1 and December 15, the official Xinhua News Agency said
 "China escalates trade war, hikes tariffs on $75 billion of American goods")
Analysts expect FPI selling to reverse; see a market rally on Monday
In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains
 "Analysts expect FPI selling to reverse; see a market rally on Monday")
Big relief for market as govt withdraws FPI surcharge: 15 key announcements
Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market
 "Big relief for market as govt withdraws FPI surcharge: 15 key announcements")
Manufacturers want to quit China, but neither Vietnam nor India match up
India has the manpower, but skill levels fall short and government rules are relatively restrictive
 "Manufacturers want to quit China, but neither Vietnam nor India match up")
Asian indices drop as traders await US Fed Chairman Jerome Powell's speech
The Fed released minutes of its July meeting later on Wednesday, which will provide an insight into its deliberations when cutting interest rates for the first time since the financial crisis
 "Asian indices drop as traders await US Fed Chairman Jerome Powell's speech")
China calls on US to 'meet halfway', restore 'mutually beneficial' trade
On Tuesday, Trump responded to complaints about the impact on the United States by telling reporters "somebody had to take China on."
US tariffs on China may mean economic pain for Americans, Trump admits
The president indicated that he had no choice but to impose the tariffs that have been a drag on US manufacturers, financial markets and, by some measures, American consumers
 "US tariffs on China may mean economic pain for Americans, Trump admits")
'Slowbalisation': Will the slowing global economy be a boon or bane?
Some economists worry the world has passed 'peak globalisation'. But that could be good for the planet
 "'Slowbalisation': Will the slowing global economy be a boon or bane?")
Had to 'take China on' regardless of short-term impact on US economy: Trump
Trump added that the Chinese economy was suffering due to the trade war, which placed the US in a good negotiating position
 "Had to 'take China on' regardless of short-term impact on US economy: Trump")
'You prepare for war': How one US firm tried escaping Trump's China tariffs
Rising labour costs and tighter regulations in China had already led companies to consider moving their business elsewhere in Asia, but the trade war may force their hand
 "'You prepare for war': How one US firm tried escaping Trump's China tariffs")
Huawei dismisses 3-month delay in US ban, says it was 'treated unjustly'
The original ban was announced earlier this year by US authorities who claim it provides a backdoor for Chinese intelligence services
 "Huawei dismisses 3-month delay in US ban, says it was 'treated unjustly'")
Cook made a good case: Trump on Apple CEO 's China tariffs, Samsung warning
In addition to his comments on Apple, Trump said on Twitter earlier in the day that his administration was 'doing very well with China'
 "Cook made a good case: Trump on Apple CEO 's China tariffs, Samsung warning")
Most Indian cos working in China say trade war has had no impact: Survey
Moreover, the number of IT and BPO companies that plan to make additional investments in China in 2019, has increased over the previous year
US spares Chinese furniture, modems from next round of 10% tariffs
Modems and routers made in China were part of a $200 billion list of products hit with tariffs
 "US spares Chinese furniture, modems from next round of 10% tariffs")
'Longer it goes on, the stronger we get': Trump takes on China on trade war
Trump claimed that millions of jobs have been lost and thousands of companies are shutting down in China.
