US

Asian markets sank again on Thursday as investors grow increasingly pessimistic about the outlook for China-US trade talks, while a closely watched recession indicator hit a level not seen since just before the financial crisis. The pound remained under pressure after Prime Minister Boris Johnson forced an extended suspension of parliament,...

Asian equity markets tanked and the yuan hit an 11-year low yesterday after US President Donald Trump ramped up his trade war with China by hiking tariffs on more than half-a-trillion dollars’ worth of imports. However, dealers pared earlier steep losses after the president said the two...

China will fight back against the latest US step to increase tariffs on Chinese goods, the ruling Communist Party’s People’s Daily said on Sunday amid an escalating trade war between the world’s two largest economies. ‘China is confident that it will follow its own path and do...

US president Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5 per cent duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world’s two largest economies. Trump’s move, announced...

China said yesterday it will impose retaliatory tariffs against about $75bn worth of US goods, putting as much as an extra 10% on top of existing rates in the dispute between the world’s top two economies. The latest salvo from China comes after the United States unveiled...

The US-China trade war has a new chapter. After Mr Trump announced added tariffs of 10% on the remaining 300 billion US dollars in goods from China, now their application on certain footwear items is delayed to December Yesterday, the Office of the United States Trade Representative...

The relationship between President Donald Trump and the largest US technology companies has often been frosty but a common opponent — France’s plan to tax US tech giants — will bring the two sides together, at least temporarily. Alphabet Inc’s Google, Facebook Inc and Amazon.com Inc are...

A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve actions, according to a survey released Monday. The survey came out after President Donald Trump pushed back against talk of a looming recession as a...