trade war

trade war News

Japan removes South Korea from trusted trade partner list

The new measure, to go into effect August 28, will apply a stricter approvals process to an expanded list of materials that could be diverted to military use. It could require South Korean exporters to take extra administrative procedures to secure export licenses.

Nintendo says to shift part of Switch console production out of China

The move would make Nintendo the latest company to relocate production out of China amid a Sino-U.S. trade war punctuated by tit-for-tat import tariffs spanning industries.


South Korea may retaliate against Japan high-tech export curbs

Samsung Electronics Co and SK Hynix Inc - the world's top memory chipmakers and suppliers to Apple and China's Huawei Technologies - could face delays if the measures that took effect on Thursday drag on.

China issues travel alerts, slams US 'interference': All that has happened today

After a temporary truce between the nations in December, Washington slapped additional tariffs on 200 billion dollars worth of Chinese goods to 25 percent from 10 per cent, prompting Beijing to retaliate.

Vietnam tops list of biggest winners from US-China trade war

The Southeast Asian nation, which shares a border with China, gained orders from trade diversion on tariffed goods equal to 7.9% of gross domestic product in the year through the first quarter of 2019, according to a study by Nomura Holdings Inc.

US-India trade ties: India terms preferential status removal as 'unfortunate', Trump cites 'failure of assurance'

The decision to terminate India's designation as a beneficiary developing nation under the GSP programmes results from its failure to assure the US that it will provide "equitable and reasonable access to its markets."


Get ready for difficult times, China's Xi Jinping warns during trade war

US and China are locked in tit-for-tat tariff increases on each other's imports, after talks broke down to resolve their dispute.

Try respect

Amid jingoistic taunts and military escalation, Iran’s foreign minister offers Donald Trump sound diplomatic advice.

US-China trade war: Trump hikes tariffs, Beijing likely to take 'countermeasures'

In a statement released on Friday, China's Ministry of Commerce said the government "deeply regrets that it will have to take necessary countermeasures." However, the countermeasures that the country might take were not specified.

China's Vice Premier 'very unlikely' to go to US this week: Global Times editor in chief

Global Times is a tabloid published by the Ruling Communist Party's People's Daily.