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GENEVA (Reuters) - The World Trade Organization chief said on Thursday that any tit-for-tat trade wars would have catastrophic consequences for global growth in a debate where U.S. President ...
DAVOS, Switzerland (Reuters) - China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's ...
WASHINGTON (Reuters) - Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an ...
WASHINGTON (Reuters) -Donald Trump will issue a broad trade memo on Monday that stops short of immediately imposing new tariffs on his first day in office but directs federal agencies to evaluate ...
PARIS (Reuters) - French President Emmanuel Macron and German Chancellor Olaf Scholz were set to meet in Paris on Wednesday to discuss Ukraine and economic issues, as Europe struggles to respond ...
The increased tit-for-tat tariff announcements stoked fears that the two countries are inching closer to a trade war. [141] [142] [143] On April 4, 2018, President Trump responded to speculation tweeting: "We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now ...
The trade war contributed to a rise in Chinese nationalism; the South China Morning Post reported that the conflict helped the Chinese Communist Party "shore up much-needed domestic support". [261] The external pressure of the trade war allowed Chinese leader Xi Jinping to point to the United States' actions as a reason for China's economic ...
LONDON (Reuters) - Bankers at JPMorgan worked through the night in a "war room" to try and assess the early impact of U.S. President Donald Trump's administration on global trade, regulation and ...