TRADE WARS - AFRICA DAILY

China's Xi says 'no winner' in any trade war

Jul 25, 2018 (AFP)

"A trade war should be rejected because there will be no winner," Xi said at the opening of a BRICS summit of emerging economies in Johannesburg. "Unilateralism...

BRICS emerging economies meet as US trade war looms

Jul 25, 2018 (AFP)

US President Donald Trump's hardening stance has compounded fears of an all-out trade war after he slapped levies on goods from China worth tens of billions of ...

Trump set for tense trade talks with EU's Juncker

Jul 25, 2018 (AFP)

Speaking ahead of the White House talks, Juncker admitted he was "not very optimistic," while Trump kicked off the day with a combative series of tweets vowing ...

IMF official says 'no evidence' China manipulating currency

Jul 24, 2018 (AFP)

The comments by IMF chief economist Maury Obstfeld came after US President Donald Trump accused China and the European Union of keeping their currencies artific...

Trade war risk to dominate BRICS summit in S.Africa

Jul 24, 2018 (AFP)

US President Donald Trump's hardening stance has compounded fears of an all-out trade war after he slapped levies on goods from China worth tens of billions of ...

Stimulus measures push Chinese shares higher

Jul 24, 2018 (AFP)

After more than a year of pushing a crackdown on dangerous debt levels in the financial system, Premier Li Keqiang said the government's "fiscal policy should b...

IMF warns excess trade surpluses aggravate tensions

Jul 24, 2018 (AFP)

But in a message that seemed directed largely at US President Donald Trump, the IMF once again warned against using protectionist trade measures, calling this a...

China launches steel dumping probe against EU, Japan, S. Korea, Indonesia

Jul 23, 2018 (AFP)

This spring Washington slapped steep tariffs on steel and aluminium imports from major producers, including China, citing concerns that a glut of the metals was...

China increasingly seduced by Brazilian market

Jul 23, 2018 (AFP)

Before 2010, Chinese funds flowing into Brazil were primarily focused on assuring food and energy supplies for the Asian giant. But in recent years, that strate...

Mnuchin pushes for EU, China concessions amid trade stalemate

Jul 22, 2018 (AFP)

In his opening salvo at the Group of 20 summit in Buenos Aires, Mnuchin urged China and the EU to respect "free, fair and reciprocal trade" amid talk of an esca...

Trump threatens tariffs on all $505bn of Chinese imports

Jul 20, 2018 (AFP)

"I'm ready to go 500," the Republican leader told the US network CNBC, referring to the $505.5 billion in Chinese imports accepted into the United States in 201...

Trump accuses China, EU of currency manipulation

Jul 20, 2018 (AFP)

The comments also signaled an undiminished appetite for battle on multiple fronts after a week dominated by coverage of the fallout from his dealings with Russi...

Europe seeks steel safeguards against U.S. tariffs

Jul 18, 2018 (UPI)

"The U.S. tariffs on steel products are causing trade diversion, which may result in serious harm to EU steelmakers and workers in this industry," Commissioner ...

S. Korea minister warns of fallout of US-China trade war

Jul 18, 2018 (AFP)

The world's 11th largest economy is expected to grow 2.9 percent this year, lower than an earlier estimate of three percent, Kim Dong-yeon said, citing slowing ...

China's Xi holding up deal to resolve trade dispute: Trump adviser

Jul 18, 2018 (AFP)

"I think Xi is holding the game up," said Larry Kudlow, director of the White House National Economic Council. "I don't think President Xi has any intention of ...

US to respond to concerns over trade policy at G20: official

Jul 17, 2018 (AFP)

However, the official said Mnuchin has no plans for a separate meeting with Chinese officials to try to resolve the trade conflict that has led to an exchange o...

As trade war rages, Trump flags fly out of China factory

Jul 16, 2018 (AFP)

The US and China have slapped tariffs on billions of dollars worth of each other's goods, but there is little evidence of the dispute at the Jiahao Flag Company...

EU urges big powers to avert trade 'conflict and chaos'

Jul 16, 2018 (AFP)

The comments from EU Council President Donald Tusk come as Washington and Beijing stand on the brink of a trade war which many fear could hammer the global econ...

China economic growth slows in second quarter, warns on trade war

Jul 16, 2018 (AFP)

The world's second-biggest economy expanded 6.7 percent in April-June, down from 6.8 percent in the first quarter and in line with a forecasts in an AFP survey ...

EU takes anti-Trump trade show to China and Japan

Jul 14, 2018 (AFP)

The trip by EU Council President Donald Tusk and Commission head Jean-Claude Juncker includes the signing of a free trade deal with Japan, which was moved from ...