US President Donald Trump urged Japanese business leaders on Saturday to increase their investment in the United States while he chided Japan for having a “substantial edge”on trade that negotiators were trying to even out in a bilateral deal.
China’s foreign ministry said on Monday a Chinese delegation is preparing to go to United States for trade talks, after US President Donald Trump said he would raise tariffs on $200 billion
South Korea’s exports in May fell more than expected and for a sixth consecutive month from a year earlier, official data showed on Saturday, as expanding trade friction between the major economies darkened the prospects.
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 UAE Ministry of Finance (MoF), driven by its constant efforts to push the economic development of the country forward and in an attempt to provide innovative financial technology services (FinTech) to maintain an efficient growth in the financial sector, has signed a Memorandum of Understanding (MoU) with both; Abu Dhabi Global Market (ADGM) and the International Bank for Reconstruction and Development (IBRD).
China and the United States head on Thursday into a make-or-break round of trade war negotiations with hopes of a deal hanging by a thread after Washington scheduled a massive tariff hike on Chinese goods.
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
European and Asian stocks unravelled Friday, resuming a midweek slump, with investors spooked by a ratcheting up of trade war clouds after US President Donald Trump announced tariffs on all Mexican imports.
China’s exports unexpectedly shrank in April but imports surprised with their first increase in five months, painting a mixed picture of the economy as Washington ratchets up pressure on Beijing with threats of more punishing tariffs. The latest trade data, which would normally be pored over