Tag Archives: US-China trade war


Oil down nearly 2% as US-China trade war shakes confidence

08 August, 2019 6:53 am 6:53 am

TOKYO (Reuters) – Oil prices fell on Monday, pushing US crude to its lowest in more than two weeks, as a ratcheting up of tensions in the US-China war knocked confidence in the global economy. Brent crude was down 89 cents, or 1.5%, at $58.45 a barrel by 0044 GMT, having earlier touched $58.24, the … Read More

Oil prices dip on signs of economic slowdown, but OPEC-led cuts provide sup...

01 January, 2019 8:16 am 8:16 am

SINGAPORE (Reuters) – Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel. International Brent crude oil futures LCOc1 were at $60.46 per barrel at 0146 GMT, down 18 cents, or 0.3 percent from their last close. US West Texas … Read More

Boeing opens first 737 plant in China amid US-Sino trade war

12 December, 2018 9:43 am 9:43 am

ZHOUSHAN, China (Reuters) – Boeing Co  opened its first 737 completion plant in China ,a strategic investment aimed at building a sales lead over arch-rival Airbus  in one of the world’s top travel markets that has been overshadowed by the US-China trade war. The world’s largest planemaker also delivered the first of its top-selling 737s … Read More

US sets new March 2 date for China tariff increases amid talks

12 December, 2018 9:18 am 9:18 am

WASHINGTON (Reuters) – The US Trade Representative’s office officially changed the scheduled date of a tariff rate increase on $200 billion worth of Chinese goods to 12:01 a.m. EST (0501 GMT) on March 2, 2019 as the United States and China pursue talks on trade and intellectual property. The change was made in a Federal … Read More

US, China agree trade war ceasefire after Trump, Xi summit

12 December, 2018 8:16 am 8:16 am

BUENOS AIRES (Reuters) – China and the United States agreed to a ceasefire in their bitter trade war after high-stakes talks in Argentina between US President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1. Trump will leave tariffs on $200 billion worth of Chinese imports at 10 percent at … Read More

US-China trade war poses oil demand shock in 2019

09 September, 2018 9:02 am 9:02 am

SINGAPORE (Reuters) – US sanctions on Iran will tighten global oil supplies sharply until the end of the year, but a threat to world demand looms in 2019 from the US-China trade war, the head of BP’s oil trading in Asia said. “We’re moving into the tightest part of 2018 … the re-imposition of Iran … Read More

Asian shares extend losses on trade, emerging market anxiety

09 September, 2018 8:09 am 8:09 am

SYDNEY (Reuters) – Asian shares fell for the sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging markets and jitters over a potentially severe escalation in the US-China trade war. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent to hit … Read More