Economy

  1. China retaliates, slaps duties on U.S. soybeans

    China hit back quickly on Wednesday against the Trump administration’s plans to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, beef and chemicals.

    Region:
    World
    Category:
    Economy
    Beijing's list of 25 percent additional tariffs on U.S. goods covers 106 items with a trade value matching the $50 billion targeted on Washington's list
  2. World stocks bounce on report of U.S.-China trade talks

    World stocks came off six-week lows and U.S. stock futures jumped on Monday on optimism that the United States and China are set to begin negotiations on trade, easing fears about a trade war between the world’s two largest economies.

    Region:
    World
    Category:
    Economy
    Market watchers got a breather when Wall Street Journal reported the United States and China have quietly started negotiating to improve U.S. access to Chinese markets.