Japan’s exports likely contracted for a fifth straight month in April as the US-China trade war raged, adding to pressure on its struggling economy, a Reuters poll of economists showed yesterday. Separately a leading indicator of capital expenditure due next week is forecast to have fallen slightly...
China struck a more aggressive tone in its trade war with the United States yesterday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, US...
China will raise tariffs on $60 billion worth US goods from June 1 in
retaliation to the US tariff hikes and US plans to target almost all Chinese
imports, China’s foreign ministry announced on May 13. This followed the latest
round of US-China trade talks that ended on May 10...