Trade War
China’s Wang says China will not be blackmailed or yield to pressure over trade – GSR
China’s Wang says China will not be blackmailed or yield to pressure over trade GSR — Days after U.S. President Donald Trump denounced globalism at the United Nations, China positioned itself Friday as a “champion of multilateralism” that is keeping international promises when Washington is backing away from them.
Trade war eating up China industrial profits – Gold Silver Reports
GSR (Gold Silver Reports) — While other data still have yet to show the trade war impact, industrial profits seem to show that the trade war is eating up profits of manufacturers in China, and even more so for foreign manufacturers.
What China Can Gain from Trump’s Trade War – Gold Silver Reports
Gold Silver Reports (GSR) — The world’s two largest economies – China and the United States – are engaged in a full-blown trade war, and what US President Donald Trump hoped would be a blitzkrieg has turned out more like trench combat. Many fear that this is only the beginning of a long conflict that could include weapons – and casualties – far outside the realm of trade.
Global Stocks Slip on Report China Calls off US Trade Talks – Gold Silver Reports
The U.S. and China officially began taxing larger amounts of each other’s goods Monday, and the Wall Street Journal reported that China pulled out of talks that could have led to a new round of negotiations to end the trade war. Global stocks took small losses Monday after China reportedly pulled out of trade talks with the U.S. Industrial companies and banks suffered some of the worst declines among American stocks.
China: It Has No Choice But To Retaliate Against Latest US Tariffs
Hopes US Realizes Negative Consequences Of Its Actions China Does Not Offer Details On Possible Countermeasures Against US In Its Statement
Trump administration to Impose Tariffs on Approximately $200 bln Worth of Imports from China Effective Sept. 24 -Senior Administration Official
Trump administration remains open to negotiations with China, but no details on talks available -official: Rtrs
Tariff rate on $200 bln list will start at 10 pct, go up to 25 pct at end of year -official