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Oil prices drop as more tariff added in US-China trade war

TOKYO: Oil prices were lower on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent crude was down 27 cents, or

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China, USA impose additional tariffs on each other’s goods

BEIJING: China and the United States will begin imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a bruising trade war despite signs talks would resume sometime this month. A new round of U.S. tariffs on

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Trump delays tariffs on Chinese products, market soars

WASHINGTON: US President Donald Trump yesterday backed off his Sept 1 deadline for 10% tariffs on remaining Chinese imports, delaying duties on cellphones, laptops and other consumer goods, in the hopes of blunting their impact on US holiday sales. The

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India set to raise tariffs on some US goods

India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times since announcing it last year, media reported Saturday. The government had said last June it would raise import taxes

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US to decide on US$300 billion China tariffs after G20 meeting

FRANCE/BEIJING: US President Donald Trump said on Thursday that he would decide whether to carry out his threat to hit Beijing with tariffs on at least US$300 billion in Chinese goods after a meeting of leaders of the world’s largest

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US-China trade war: Retaliatory tariffs imposed on US imports

BEIJING: China raised tariffs on tens of billions of dollars of goods imported from the U.S., implementing the promised retaliation to President Donald Trump’s latest round of trade war duties on about US$200 billion in Chinese exports. As of Saturday,

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