Trade war

China Says 'not Afraid to Fight' Trade War With US

China warned Wednesday it was "not afraid" to fight a trade war with the United States and reiterated calls for dialogue, after US President Donald Trump said it was up to Beijing to come to the negotiating table. "If the US really wants to resolve the issue through dialogue and negotiation, it should stop exerting extreme pressure, stop ...

Will China Overcome Trump’s Tariffs?

The global stage is in full turmoil. Donald Trump, acting as the grand conductor, has introduced new tariffs that have shaken stock markets and spread panic across the world economy. But the curtain hasn’t dropped yet. China, a major player, is preparing its counterattack and will, as of April 10, impose a 34% tax on American products. The game ...

ECB Senior Official Deems Trade War With US Very Probable

A trade war with the United States “is very likely” under the presidency of Donald Trump, with negative consequences for activity and prices, warned a senior official of the European Central Bank (ECB) on Sunday. Tariffs have played “a central role in the communication of Donald Trump," who will be inaugurated president on ...