EU, German and Chinese leaders took turns defending global cooperation in Davos on Tuesday as the spectre of new trade wars looms following Donald Trump’s return to the White House.Trump will make an online appearance at the World Economic Forum in Switzerland this week, but he has been the elephant in the room for the …
EU, China warn against trade friction after Trump’s return Read More »
EU chief Ursula von der Leyen declared Tuesday that Europe was ready to negotiate with the United States and seek to improve ties with China as Beijing warned against damaging trade wars in the face of Donald Trump’s protectionism.Trump returned to the White House on Monday, and while he may not be physically present in …
EU, China warn against trade friction at Davos after Trump return Read More »
European and Asian stock markets diverged Tuesday and the dollar rallied as Donald Trump wasted no time in starting his second term as US president with a raft of announcements affecting the global economy.Wall Street reopens later after being shut Monday for the Martin Luther King holiday, which coincided with Trump’s inauguration.Trading was mixed “as …
Stocks diverge, dollar rallies as Trump gets to work Read More »
Asian markets saw big fluctuations Tuesday as Donald Trump took office warning he could impose stiff tariffs on Canada and Mexico next month but appeared to delay any action against China for now.The new US president’s announcement that the country’s closest neighbours could be hit with 25 percent levies as soon as February 1 also …
Asian markets swing as Trump revives tariff fears on taking office Read More »
Treading a familiar path for women in rural Vietnam, Nguyen Thi Hiep found a factory job in dynamic Ho Chi Minh City and spent 16 years helping make shoes for Western brands such as Adidas and Nike.Vietnam is among the world’s largest exporters of clothing, footwear and furniture and Ho Chi Minh City and its …
‘Too hard’: Vietnam’s factory workers return to country life Read More »
President Donald Trump said Monday he may impose 25 percent tariffs on Canada and Mexico as early as February 1, while promising punitive measures on other countries as part of new US trade policy.Trump rekindled his threat against the two major US trading partners hours after taking the oath of office — accusing them of …
Trump says could impose 25% tariffs on Canada, Mexico on Feb 1 Read More »
US President Donald Trump promised tariffs and taxes on other countries Monday after being sworn in, although he held off announcing any immediate measures.Since his election victory, Trump has taken aim at foreign allies and adversaries alike, raising the prospect of fresh levies to push other countries towards tougher action on US priorities.Early Monday, Trump …
US President Donald Trump promised tariffs and taxes on other countries Monday, in a nationalistic inaugural address after being sworn in as the 47th president.”I will immediately begin the overhaul of our trade system to protect American workers and families,” he said at the US Capitol.”Instead of taxing our citizens to enrich other countries, we …
Trump vows trade policy of ‘tariff and tax’ on other countries Read More »
European and Asian stock markets rose on Monday and bitcoin hit a fresh high as Donald Trump prepared to re-enter office as president of the world’s biggest economy.The dollar slid more than one percent versus the euro and lost similar ground against the pound after The Wall Street Journal reported that Trump would not immediately …
Stock markets rise, bitcoin hits high as Trump returns Read More »
Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who plans to deregulate the cryptocurrency sector and has launched his own “meme coin”, prepares to be sworn in as US president.Bitcoin surged to an all-time peak of $109,241 ahead of Trump’s inauguration ceremony, before falling back to around $107,000.The world’s biggest cryptocurrency …
Bitcoin hits record above $109,000 awaiting Trump Read More »
