US Ambassador to India Kenneth Juster (centre) arrives with Assistant US Trade Representative for South and Central Asia Christopher Wilson (right) and Brendan Lynch for a meeting with Indian officials in New Delhi. Associated Press
When US Secretary of State Mike Pompeo sits down with India’s prime minister on Wednesday he will be trying to chart a path that keeps the Asian ally onside politically even as the two countries are at loggerheads over trade.
China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus as US tariffs and weaker domestic demand ramped up pressure on new orders for goods.
China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of “unreliable” foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.
China has suspended additional tariffs on some US goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade deal on Friday.
Abdulla Bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Bruno Le Maire, the French Ministry of Economy, Finance and Industrial and Digital Sovereignty,
The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) have entered into a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP).
Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held talks with Zafrul Aziz, Minister of Investment, Trade and Industry for Malaysia,