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China Has a Big Currency Decision to Make

Allowing the yuan to weaken beyond seven per dollar could mark a huge shift in the international terms of trade. Also, actively responding to passive aggression......»»

Category: topSource: washpostMay 21st, 2019

UK says to decide on Huawei soon but China must play by rules

Britain will make a decision soon about whether to allow Huawei equipment to be used in its 5G networks but China must play by the rules if it gets access to Western markets, Defense Secretary Ben Wallace said......»»

Category: topSource: reutersSep 11th, 2019

Britain to make Huawei decision on 5G by the autumn: digital minister

Britain will make a decision on whether to allow China's Huawei equipment to be used in its 5G networks in the autumn, the digital minister Nicky Morgan said......»»

Category: topSource: reutersAug 27th, 2019

Lack of G7, IMF support seen dimming impact of U.S. move on China"s yuan

China is unlikely to face serious consequences from the Trump administration's decision to label it a currency manipulator given the apparent lack of G7 and IMF support for the move, former and current U.S. and G7 officials said......»»

Category: topSource: reutersAug 11th, 2019

Trump dismisses trade war fears; China warns of market chaos

U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China despite a warning from Beijing that Washington's decision to label it a currency manipulator would lead to chaos in financial markets......»»

Category: topSource: reutersAug 6th, 2019

Trump shrugs off trade war concerns; China warns of market chaos

U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, as Beijing warned that Washington's decision to label it a currency manipulator would lead to chaos in financial markets......»»

Category: topSource: reutersAug 6th, 2019

China says U.S. currency manipulator labeling could cause chaos in financial markets

China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and cause chaos in financial markets"......»»

Category: topSource: moneycentralAug 6th, 2019

China says U.S. currency manipulator labeling could cause chaos in financial markets

China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and cause chaos in financial markets"......»»

Category: topSource: reutersAug 6th, 2019

China firmly opposes currency manipulator label: PBOC

China firmly opposes a U.S. decision to label it a currency manipulator, its central bank said on Tuesday, adding that Beijing has not used and will not use the yuan to cope with trade frictions with the world's biggest economy......»»

Category: topSource: reutersAug 6th, 2019

Markets brace for volatility surge as currencies enter trade war

China's decision to let its yuan plunge through a previously sacrosanct level means a tit-for-tat trade conflict could morph into a currency war, injecting volatility into long-dormant foreign exchanges and piling pressure on world markets......»»

Category: topSource: reutersAug 5th, 2019

Emerging Markets Report: Turkish lira drops after Erdogan boots central-bank chief

Turkish President Recep Tayyip Erdogan’s decision over the weekend to oust the country’s top central banker might make U.S. President Donald Trump jealous, but it runs the risk of sending Turkey into a full-blown currency crisis, analysts said Monday......»»

Category: topSource: marketwatchJul 8th, 2019

Apple looks back to China to make its Mac Pro line

Unfazed by the threat of new tariffs on Chinese imports, Apple is moving its production of the Mac Pro from Austin, Texas back to China, The Wall Street Journal reports. The decision comes despite escalating rhetoric from President Donald Trump ov.....»»

Category: topSource: bizjournalsJun 28th, 2019

Zimbabweans wary as dollarisation decade ends

On the streets of Harare, locals say they're worried about a decision to make Zimbabwe's interim currency its sole legal tender. Serena Chaudhry reports......»»

Category: videoSource: reutersJun 27th, 2019

Mnuchin: Trump happy to hit China with tariffs if meeting goes poorly

U.S. President Donald Trump will make a decision about whether to slap China with more tariffs after meeting with his Chinese counterpart later this month in Japan, according to U.S. Treasury Secretary Steven Mnuchin......»»

Category: topSource: moneycentralJun 9th, 2019

Mnuchin: Trump happy to hit China with new tariffs if Xi meeting doesn"t go well

U.S. President Donald Trump will make a decision about whether to slap China with more tariffs after meeting with his Chinese counterpart later this month in Japan, according to U.S. Treasury Secretary Steven Mnuchin......»»

Category: topSource: moneycentralJun 9th, 2019

Mnuchin: Trump happy to hit China with new tariffs if Xi meeting doesn"t go well

U.S. President Donald Trump will make a decision about whether to slap China with more tariffs after meeting with his Chinese counterpart later this month in Japan, according to U.S. Treasury Secretary Steven Mnuchin......»»

Category: topSource: moneycentralJun 9th, 2019

Trump says he"ll make decision on extra China tariffs after G-20 meeting

President Donald Trump said Thursday he'll make a decision on additional tariffs on Chinese goods "probably right after the.....»»

Category: topSource: marketwatchJun 6th, 2019

Commerce Department Targets China With Proposed Tariffs On "Currency Manipulators"

A lot has happened since then-candidate Trump said he would label China a currency manipulator on 'day one' should he make it to the Oval Office. So far, at least, the pledge to hold Beijing accountable for manipul.....»»

Category: blogSource: zerohedgeMay 24th, 2019

US, China begin new round of tariff war negotiations

American and Chinese trade negotiators have begun more talks aimed at ending a tariff war after Treasury Secretary Steven Mnuchin said U.S. officials might be moving toward a decision on whether to make a deal with Beijing......»»

Category: topSource: foxnewsApr 30th, 2019

Global Economy Week Ahead: China Trade Balance, U.S. Inflation, BOE Meeting

This week, the U.S. and China will see inflation data, China will release its trade balance for April, and the Bank of England will make a monetary policy decision and release new economic projections......»»

Category: smallbizSource: wsjMay 6th, 2018

China offered to buy $70 billion in U.S. products to ward off Trump’s tariffs

The offer was made in talks in Beijing over the weekend with Commerce Secretary Wilbur Ross, part of sensitive trade negotiations that could force President Trump to make a tough decision about accepting this proposal or pushing for more......»»

Category: topSource: washpostJun 5th, 2018