Tag Archives: trade war

China exports saw biggest fall in three years in February

Chinese exports saw the steepest fall in three years in February, adding to worries about growth in the world’s second largest economy. Official data show exports from China plunged 20.7% from a year earlier, as its trade war with the US took a toll. Imports fell 5.2% and the figures sent Asia stock markets sharply lower. Economists caution the data… Read more »

Trump to delay further tariffs on Chinese goods

President Donald Trump has announced that the US will delay imposing further trade tariffs on Chinese goods. The rise in import duties on Chinese goods from 10% to 25% was due to come into effect on 1 March. Mr Trump said both sides had made “substantial progress” in trade talks, which sent Chinese stocks up nearly 5%. He added that… Read more »