Trade War

Donald Trump has done it again. With his latest decree that the US will impose tariffs of 5% on Mexican imports starting June 10, the president has shifted the sights of his ever-escalating global trade war. Per usual, Trump delivered the news in the fo…

Image copyrightReuters US President Donald Trump's threat to open a trade war with Mexico sent Wall Street sliding, with shares in carmakers among the worst hit. Markets in Europe were already spooked by news the US would hit Mexico with tariffs in an anti-…

The Chinese government announced on Friday that it would create an Unreliable Entity List of foreign companies and individuals that threaten the interests of Chinese companies. The move appears to be direct retaliation for Huaweis placement on the U.S. Comm…

China is preparing to deploy "major retaliative measures" over the US' decision to blacklist Huawei, according to the editor of one of the country's state media outlets. Hu Xijin, editor of the tabloid newspaper Global Times, wrote on Twitter: "China will …

Tesla’s big bet on China-based production is key to a new effort to lure Chinese consumers with cheaper prices. Today the U.S. firm revealed that its incoming Model 3, which will be produced in China, will sell from 328,000 RMB — that’s around $47,500 and som…

The Bank of Canada has joined the chorus of experts worrying that a rare reversal of short and long-term interest rates may point to darker days ahead for the global economy, and even a recession. These unusual financial-market conditions reflect concern abo…

A senior Chinese official on Thursday accused the United States of engaging in "naked economic terrorism" and said China is "not afraid" of a trade war as tensions with the Trump administration continue to escalate. Chinese Vice Foreign Minister Zhang Hanh…

BEIJING (Reuters) - A Chinese state TV anchor and a host from Fox Business, whose sparring over the U.S.-China trade war has been avidly followed on Chinese social media, brought their duel to the American cable network for what turned out to be a respectful …

LONDON (Reuters) - Global stocks will continue their march to higher ground but an escalation of the U.S.-China trade war poses the biggest risk, Reuters polls of over 200 equity strategists, analysts and fund managers from around the world found. Last year…

BEIJING (Reuters) - China’s Communist Party newspaper warned the United States on Wednesday that the country was ready to use rare earths to strike back in their bitter trade war, saying in an extremely strongly worded commentary “don’t say we didn’t warn you…