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Tag Archives: trade war

US-China trade deal: The possible results

After the announcement of US government that it will delay the tariffs increase, hopes for a trade deal between the two global giants are rising. A possible trade agreement will be probably reached at the next meeting between the two countries’ leaders. Which will be the results of a possible trade …

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Trade war seems to come to an ending – But what happens with the global economic slowdown?

President Donald Trump said on Twitter on Sunday (Feb. 24) that the U.S. will delay an increase in tariffs on Chinese goods that was initially planned for early-March. Asian markets on Monday reacted positively to Trump’s announcement, but several experts pointed out that an easing of tensions between the two …

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US trade deficit with China narrows

The United States’ trade deficit with China fell US$2.8 billion to US$35.4 billion in November, led by a decline in US imports of consumer goods The data will be well-received by US President Trump, who has railed against the US’ perceived lopsided trading relationship with China. The United States’ trade …

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Who is profiting from US-Chinese trade tensions? (UNCTAD)

The below figures summarize the effect of 25 per cent tariffs applied to the United States of America and Chinese lists of goods affected by retaliatory tariffs as September 2018. Trade diversion, trade retained and trade loss are calculated using trade elasticities from the economic literature. In particular, elasticities of …

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Hong Kong business sentiments sinks

Sentiment has fallen to its lowest level since second quarter 2016, according to new survey About 81 per cent of Hong Kong employers not hopeful about US, China trade talks Business sentiment among small and medium-sized business owners in Hong Kong fell to its lowest level in nearly three years, …

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Shipping industry to face a challenging year

Online freight forwarder iContainers says a year of uncertainty awaits the shipping industry, with many issues surrounding the US-China trade war, Brexit, and IMO 2020 far from being resolved. According to the Barcelona-based digital forwarder, the shipping industry will continue to face the same incertitudes in 2019 as those that …

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NRF welcomes delay of tariff increase

The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the Trump administration’s decision to hold off on tariff increases that were set to take effect January 2019. “We commend President Trump for his efforts to restore a fair and balanced trade relationship …

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China’s November export, import growth shrinks

Sluggishness in China’s trade in ‘full swing’, economist says. Exports up 5.4% year-on-year, below poll’s 10%. The November trade numbers came out less than a week after Presidents Donald Trump and Xi Jinping agreed to a 90-day truce delaying that tariff hike as they negotiate a trade deal. China reported …

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Scrap paper shipments up in Oakland

A scrappy little export commodity at the Port of Oakland is winning the battle against global trade headwinds. The Port said that scrap paper shipments were up 3 percent in the first 10 months of 2018. The increase in Oakland’s recyclable paper shipments contrasts with a generally challenging environment for …

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U.S. & China agree on trade war ceasefire

China and the United States agreed to a ceasefire in their bitter trade war on Saturday (Dec. 1) after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1. Trump will leave tariffs on $200 billion worth of Chinese …

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