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China manufacturing activity slows as trade war rages

Chinese factory activity slowed in September, official data showed Sunday, as the Asian giant’s trade war with the United States showed no sign of abating.
(FILES) In this file photo taken on November 9, 2017 shows US President Donald Trump (L) and China's President Xi Jinping leaving a business leaders event at the Great Hall of the People in Beijing. President Donald Trump on September 18, 2018 accused China of seeking to influence upcoming US elections by taking aim at his political support base in the countries' escalating trade war. "China has openly stated that they are actively trying to impact and change our election by attacking our farmers, ranchers and industrial workers because of their loyalty to me," Trump tweeted.Trump's comments came a day after he targeted another $200 billion in Chinese imports with tariffs starting next week, drawing an immediate vow of retaliation from Beijing. / AFP PHOTO / Nicolas ASFOURI

ECB: Why US will lose more from trade war with China

The United States would have most to lose if it started a trade war with other countries, while China would be better off after retaliating, a simulation by the European Central Bank showed on Wednesday.
US President Donald Trump speaks during an event to announces a grant for drug-free communities support program, in the Roosevelt Room of the White House in Washington, DC, on August 29, 2018. - AFP PHOTO - MANDEL NGAN

Donald Trump slams tariffs on $200 billion Chinese goods

U.S. President Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said.
Pedestrians walk past the electronics stock indicator at the window of a security company in Tokyo on March 2, 2018. Tokyo stocks opened lower on March 2, taking a negative lead from Wall Street where shares tumbled after President Donald Trump vowed to enact steep tariffs on steel and aluminium imports, reviving fears of a trade war. / AFP PHOTO / Toshifumi KITAMURA

Asian markets sink on fresh trade fears after Donald Trump remarks

Hong Kong and Shanghai led a broad sell-off across most Asian markets Monday after Donald Trump threatened to impose tariffs on all Chinese imports, ramping up fears of an all-out trade war between the world's top two economies.
US President Donald Trump speaks during an event to announces a grant for drug-free communities support program, in the Roosevelt Room of the White House in Washington, DC, on August 29, 2018. - AFP PHOTO - MANDEL NGAN

Donald Trump threatens tariffs on all imports from China

President Donald Trump, on Friday, threatened to place tariffs on all of the Chinese goods imported into the United States, ramping up the already tense trade relations with Beijing.
Chinese Foreign Ministry spokesman Geng Shuang (pic) attributed the arrest of Swedish bookseller Gui Minhai to the 'violation of Chinese laws', without further explanation. – EPA pic, February 6, 2018.

China: US ‘disappoints’ the world with trade war

China warned the United States on Thursday that upping the ante in a tit-for-tat trade war will "only serve to disappoint" the world as Washington threatened to raise the tariff rate on the next $200 billion of Chinese imports.

Blatant trade bullying will only backfire

On July 20, the United States threatened to impose tariffs on all US$500bn worth of Chinese imports. Earlier on July 6, the US announced to impose 25 per cent tariffs on US$34bn worth of Chinese goods. On July 11, the US further escalated by announcing a tariff list of Chinese products worth US$200bn.

Donald Trump threatens $505 billion tariff on Chinese imports

US President Donald Trump said in an interview released Friday he is willing to hit all Chinese goods imported to the United States with tariffs if necessary.

Donald Trump threatens new round of $200 billion tariffs on Chinese goods

President Donald Trump has directed the US Trade Representative to prepare new tariffs on $200bn in Chinese imports as the two nations moved closer to a wider trade war, with Beijing promising retaliation.

China vows to hit back against US tariffs

China says on Friday that it will strike back quickly if the United States hurts its interests, hours before US President Donald Trump was due to unveil revisions to a tariff list targeting 50 billion dollars worth of Chinese goods.

CBN gives incentives to importers using Chinese Yuan

The Central Bank of Nigeria (CBN), has come up with fresh incentives for importers as it seeks to replace the use of Dollars with the Yuan as the currency of importation from China. It has also assured Nigerians that it has enough arsenals to defend the Naira.

European stocks bounce on Italy deal, Spanish prime minister exit

European stock markets rallied on Friday after Italy reached a new coalition deal, with investors brushing aside trade war fears as they awaited key US jobs data.

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