Latest in Tag: trade war Highlight
Latest in Tag: trade war

Oil prices fall to $64.19 barrel due to US-China trade war
Brent rate increased by 1.5% on Friday after OPEC’s agreement to further reduce production

Trade war threatens global trade landscape
The United States is the world’s largest importing country, with $2.6tn, followed by China with $2.1tn. However, the European Union is, collectively, the world’s largest importer, sending $6.5tn on imports.

Gold surges to $1,550/oz in 1H2019 over US-China trade war
Gold rose by EGP 115 in Egypt since the beginning of 2019, marking an unprecedented level, says Baqy

Oil prices fall to $61.15 per barrel as trade war subsides
Decline in oil prices to reduce fuel subsidies to 10% in Q1 of FY 2019/20

The spinning wheel of US-China trade war
As Chinese economy slows, US import prices recognise biggest drop in six months, so when will the trade war end?

Direct impact of US-China tensions is expected to be modest: IIF
Ripple effects across supply chains, business confidence, investment could hit much harder, when non-trade policy comes into scope, says IIF

G20 finance leaders agree trade tensions have ‘intensified’
International Monetary Fund chief Christine Lagarde said trade tension was the “major” headwind facing the global economy, telling Japan’s Nikkei daily it was a “significant risk on the horizon.”

EGX likely to continue trade decline amid hopes of US-China trade war end
Pharos expects main index to pass 13.800 points supported by decline in sales

Long trade war may benefit China, yet would hurt US’ economy: ECB
According to US government data, bilateral trade value estimated at $505bn last year, making it world’s largest trade relationship

Opinion: Let’s just call it by its name — a winnable trade war
The tariff tiff between China and the US has reached levels unimaginable a year ago. But China is running out of ammunition and the global trade regime may be on the brink of big change, says DW’s Timothy Rooks.When Washington announced 25 percent tariffs on $50 billion (€42.7 billion) of Chinese goods earlier this year, …

German business morale suffers on threat of trade war
Confidence among German businesses keeps falling, the most recent monthly survey by a German think tank has shown. Current escalating global trade tensions were reported to be behind the drop in morale.German business confidence dropped for a second straight month in March, reaching its lowest level in nearly a year, Germany’s Ifo economic think tank …

US companies warn of trade war with China
US companies operating in China have warned the future administration under Donald Trump against heading toward a trade war with China. They said excessive US import tariffs were likely to trigger retaliation.In a fresh survey presented Wednesday, the American Chamber of Commerce warned of a full-blown trade war with China, indicating that the Asian nation …