Trade war

    • South Korea urges dialogue with Japan

      South Korea urges dialogue with Japan

      In a speech marking the 74th anniversary of Korea's liberation from Japan's rule from 1910 to 1945, South Korea’s President Moon Jae-in on Thursday urged Japan to contemplate its wartime past and offered to engage in talks to repair strained ties, while Japan pledged to never repeat the horrors of war.

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    • Signs of hope in US-China trade war

      Signs of hope in US-China trade war

      US retailers and global financial markets got an early Christmas present Tuesday as President Donald Trump's administration announced it is delaying tariffs on key consumer electronic goods imported from China. News that top US and Chinese trade officials spoke by telephone early Tuesday offered further signs of a possible letup in the trade war that had been escalating in recent weeks.

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    • Europe agrees to buy more US beef

      Europe agrees to buy more US beef

      President Donald Trump has hailed a new trade agreement with the European Union on Friday which will significantly increase US access to European beef markets. The EU has agreed to increase the quota allocated to US beef exporters to 35,000 tonnes a year. The total quota of non-hormone-beef permitted to enter the EU market will remain unchanged at 45,000 tonnes.

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    • Latest US-China trade talks  increase uncertainty

      Latest US-China trade talks increase uncertainty

      US and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as “constructive”. The first face-to-face trade talks since a ceasefire was agreed last month amounted to a working dinner on Tuesday at Shanghai’s historic Fairmont Peace Hotel and a half-day meeting on Wednesday, before US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin flew out.

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    • Huawei says sales up 23% despite US controls

      Huawei says sales up 23% despite US controls

      Huawei’s sales rose by double digits in the first half of this year despite being blacklisted by Washington and its chairman, saying US pressure has “galvanised our people,” expressed confidence Tuesday the Chinese tech giant will “enter a new period of growth.” Sales in the six months through June rose 23.2% over a year earlier to 401.3bn yuan ($58.3bn), according to Liang. That was up from 2018′s full-year growth rate of 19.5%, but Liang warned Huawei will “face difficulties” in the second half.

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    • US-China trade talks kick off in Shanghai

      US-China trade talks kick off in Shanghai

      US and Chinese trade representatives are about to begin their first official in-person meeting since the G-20 truce. Talks have already began in Shanghai today, with this being Shanghai's first time to host them during the trade spat and the twelfth round of negotiations overall.

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    • EU should prepare for economic shock

      EU should prepare for economic shock

      In its annual growth report, released last week, the Organisation for Economic Co-operation and Development (OECD) painted a gloomy picture for the global market economy - rising inequalities, slowing growth and strong headwinds, notably because of increasing uncertainties on the world political stage and ongoing trade wars.

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    • US, China resume trade talks

      US, China resume trade talks

      Top US and Chinese trade officials relaunched trade talks as Washington and Beijing work to iron out a trade deal after a two-month hiatus. According to American media, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan “to continue negotiations aimed at resolving the outstanding trade disputes” between the world’s two largest economies.

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    • US and China agree to continue tariff talks

      US and China agree to continue tariff talks

      The United States and China agreed on Saturday to restart trade talks and Washington will not levy new tariffs on Chinese exports, China’s foreign ministry said, raising hopes for the world’s two largest economies to resolve their trade war.

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