Trade War Fears To Dominate G20 Talks
"); jQuery("#212 h3").html("
"); });
2018-03-19 HKT 08:19
Share this story
The Group of 20 meets today in Buenos Aires for a two-day meeting that’s likely to focus on a possible China-US trade war. US Treasury Secretary Steven Mnuchin will be in the position of defending President Trump’s trade plans against widespread fears that it could choke off the strongest global growth since the 2008 financial crisis.
News that the US is considering potentially broader anti-China tariffs and investment restrictions as part of a US intellectual property probe have raised worries about a Sino-US trade war.
Reuters reported last week that the Trump administration is considering punitive tariffs on about 60 billion US dollars worth of Chinese information technology, telecoms and consumer products annually.
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more