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US-China trade war News

US-China trade war

15 Jul 2020

China vows retaliation after US ends preferential trade status for Hong Kong

Chinese foreign ministry said it "firmly opposes and strongly condemns" the Hong Kong Autonomy Act, which was unanimously passed the US Congress earlier this month "China will make necessary responses to protect its legitimate interests, and impose sanctions on relevant US personnel and entities," the ministry added Trump on Tuesday stepped up the pressure to punish Beijing for what he called its "aggressive actions" in Hong Kong

26 Dec 2019

Gold rises above $1,500 level as investors await US-China trade deal signing

Spot gold rose 0.3% to $1,503.16 per ounce by 0709 GMT. Prices hit their highest since Nov. 5 earlier in the session at $1,505.32. US gold futures were up 0.2% to $1,508.00 per ounce.

US-China tariffs

04 Dec 2018

US-China decision to put off higher tariffs de-escalates hostility temporarily

Signalling an end to the six-month-long trade war, Trump agreed that on January 1, 2019, he will leave the tariffs on USD 200 billion worth of product at the 10 percent rate, and not raise it to 25 percent at this time.

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