U.S. hikes tariffs on Chinese goods, China says to strike back
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire delivers a speech during a high-level forum on debt at the Finance ministry in Paris, France, May 7, 2019. REUTERS/Benoit Tessier
PARIS - French Finance Minister Bruno Le Maire on Friday said that an escalation in the trade dispute between China and the United States posed the gravest threat to global growth and threatened jobs across Europe. “There is no greater threat to world growth,” Le Maire told CNews. “It would mean that trade tariffs go up, fewer goods would circulate around the world ... and jobs in France and in Europe would be destroyed.”
U.S. President Donald Trump’s tariff increase to 25 percent on $200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
France urges U.S. and China to avoid escalation in trade tensionsThe United States and China must avoid escalating trade tensions in their curren...
और पढो »
US tariffs on China jump as deadline passes, China immediately says it will retaliateThe Trump administration is hiking duties on $200 billion worth of Chinese products to 25% from 10%.
और पढो »
China's Sinopec, CNPC skip Iran oil buys for May as U.S. sanctions waivers end: sourcesChina Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC...
और पढो »
Cramer Remix: China needs us more than we need ChinaJim Cramer explains how the United States has the upper hand in trade negotiations with our stronger, cash fueled economy.
और पढो »
US Navy destroyers sail near disputed islands claimed by China in South China SeaTwo U.S. guided missile destroyers sailed near disputed islands claimed by China in the South China Sea on Monday, the U.S. Navy says in a statement.
और पढो »
Huawei Has Taken Over Apple's Market Share In China; It Will Get WorseWait until Hauwei launches its own operating system. Then even Google will have a new rival.
और पढो »
Markets Right Now: Dow falls 500 points on trade jittersNEW YORK (AP) — The latest on developments in financial markets (all times local): 1:20 p.m. Stocks are falling sharply on Wall Street as the U.S. and China move closer to an...
और पढो »
One group of stocks is already on the cusp of a bear market as trade war heats upEnergy stocks slumped towards bear market territory after an escalation in the U.S.-China trade dispute dragged the stock market lower.
और पढो »
Worsening U.S.-China trade tensions rattle financial marketsStocks’ losses on Wall Street accelerated as investors remained on edge over President Trump’s threat to increase tariffs on imports from China.
और पढो »
How To Trade The China Trade WarRun? Emerging market specialists still bet on a deal. But overall, pessimism is starting to set in. How long that lasts depends on this week's trade talks in Washington.
और पढो »
How To Trade The China Trade WarRun? Emerging market specialists still bet on a deal. But overall, pessimism is starting to set in. How long that lasts depends on this week's trade talks in Washington.
और पढो »