Chinese imports

China removes several US products from tariffs list

8:12 pm September 11, 2019

Beijing : China on Wednesday said it would spare a number of US products from punitive tariffs in what is seen as an olive branch by Beijing in the protracted trade war ahead of high-level talks next month. However, the goods do not include big-ticket agricultural items that could be crucial to the ultimate success […]

COVID surge, vaccine shortages spread beyond India’s borders

Asian markets mostly down as China-US tariffs kick in

3:14 pm September 2, 2019

Hong Kong: Most Asian markets fell on Monday as fresh Chinese and US tariffs on goods worth hundreds of billions of dollars kicked in, though Donald Trump reiterated that the two sides were still due to hold talks this month. Hong Kong was weighed down by another weekend of violence, fuelling worries about possible Chinese […]

Trump says China trade deal still on after adviser's remarks

In escalating trade war, US consumers may see higher prices

11:48 pm September 1, 2019

WASHINGTON: The United States and China on Sunday put in place their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season. President Donald Trump said U.S.-China trade talks were still on for September. “We’ll see what happens,” […]

Rupee falls 17 paise against US dollar in early trade

12:14 pm August 29, 2019

Mumbai: The rupee depreciated by 17 paise to 71.95 against the US dollar in early trade on Thursday, tracking weak domestic equity market and persistent foreign fund outflows. Pessimism over US-China trade talks also put pressure on the domestic unit, forex dealers said. However, a weak dollar against other major currencies overseas and softening crude […]

Rupee hits fresh 6-mth low of 71.71; dives 28 paise

6:51 pm August 20, 2019

Mumbai: The Indian rupee on Tuesday furthered its loss by another 28 paise to close at a new six-month low of 71.71 against the US dollar as economic uncertainties continued to weigh. Investors remained risk averse considering a host of factors including fast-spreading economic slowdown, outlook on foreign fund outflows and weakness in most emerging […]