China and the US

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Trump announces "phase one" trade deal reached with China

The U.S. has reached a preliminary trade deal with China, President Donald Trump announced, CBS reports. As part of the deal, China has agreed to some intellectual property protections and will step up U.S. agricultural purchases. In …

 China willing to resolve trade dispute with U.S.

China is willing to resolve its trade dispute with the United States through calm negotiations, Chinese Vice Premier Liu He said at a tech conference in Chongqing. According to him, Beijing resolutely opposes …

 Trump explains why he delayed China tariffs

U.S. President Donald Trump said he is delaying some tariffs on Chinese imports ahead of the Christmas season to stem their potential impact on holiday shopping. "We’re doing this for the Christmas …

Are U.S. recession concerns rising with trade war?

Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth, Bloomberg reported citing a research note. The U.S. investment bank said it no longer …

Beijing sets yuan at its weakest level since 2008

China’s yuan inched up in early trade today, despite the central bank setting its official midpoint past the key seven to the dollar threshold for the first time since global financial crisis. The People's Bank of China (PBOC) …

Oreshkin: Russia may replace some U.S. goods for China

Russia and China are in talks on various fields of cooperation including Moscow’s replacement of some U.S. goods for China and shifting China to the Russian market, Russian Economic Development Minister Maxim Oreshkin …

Oil prices climb on short-covering after decline

Oil prices rose more than 1% this morning as traders betting on falling prices bought back contracts to lock in profits after declines over the last three sessions due to the escalating trade tensions between China and United States. …

 China threatens to respond to U.S. tariff hike

  China is ready to respond to the U.S. tariff increase announced by President Donald Trump, Chinese Foreign Ministry Spokesperson Hua Chunying said today at a regular briefing. "If the U.S. is …

 Putin reveals threat to global economy

The entire world will be affected if the United States and China fail to find a way out of the trade frictions, it is necessary to abandon the practice of politically motivated restrictions, Russian President Vladimir Putin …