A container ship unloads its cargo at the main port terminal in Long Beach, California. Agence France-Presse
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.
The White House said on Friday that President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan.
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.
The United States began collecting higher, 25% tariffs on many Chinese goods arriving in US seaports on Saturday morning in an intensification of the trade war between the world’s two largest economies and drawing retaliation from Beijing.
Dubai: Pearl Initiative, a business-led non-profit organisation promoting a culture of corporate transparency and accountability for the Gulf Region’s private sector, recently hosted a roundtable
AJMAN: The Ajman Chamber of Commerce and Industry (ACCI) has concluded the first learning station entitled “Innovation in Government Work”, offered by Mohammed Bin Rashid Centre
Finance Minister Nirmala SItharaman has said a calibrated and balanced approach to deploying a mix of fiscal, monetary and structural measures by countries can help achieve their growth potential and asked the IMF