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China's President Xi Jinping (R) meets former US secretary of state Henry Kissinger at the Great Hall of the People in Beijing on November 8, 2018. (Photo by THOMAS PETER - POOL - AFP)

China’s exports hold up despite US tariffs

China's exports to the United States and the rest of the world saw a surprise jump in October, data showed Thursday, suggesting businesses are ramping up trans-Pacific shipments before higher tariffs kick in.

IMF, World Bank end meetings with call to brace for risks

Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank yesterday, by urging countries to brace for potential risks from trade disputes and other tensions.
(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.
Xi Jinping

China retaliates, levies tariff on $60bn U.S. imports

China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.
President Buhari and President Xi Jinping

China exports to Nigeria hit $75 billion

Recently calculated total exports to Nigeria from China amounted to about $75 billion while on the Nigerian side, total export to China was about $9.6 billion.
Donald Trump

Donald Trump may raise tariffs further on Chinese goods – reports

US President Donald Trump is now considering a 25 per cent tariff on $200 billion in Chinese imports, rather than the 10 per cent previously touted, reports said Tuesday.

Drop in US inventory, Libya jack up oil prices

Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in oil producer Libya.

Tariff war: China replies US on new Donald Trump threat

China will fight back firmly with “qualitative” and “quantitative” measures if the U.S. publishes an additional list of tariffs on Chinese goods, the commerce ministry said, accusing the U.S. of initiating a trade war.

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