TRADE WARS - BIO FUEL DAILY

Trump planning new tariff crackdown on China

Mar 14, 2018 (AFP)

The White House is currently eyeing a hundred different Chinese products, a person with knowledge of internal discussions told AFP, stressing that the dollar va...

US proposes WTO reforms likely targeting China

Mar 14, 2018 (AFP)

President Donald Trump's envoys to the Geneva-based trade body have circulated a document, dated March 12, that aims to address "the chronic low level of compli...

China unloads Blackstone stake amid Trump trade tension

Mar 14, 2018 (AFP)

Blackstone said in an annual report released earlier this month that China Investment Corp (CIC) had recently unloaded the stake that it first began to acquire ...

China's industrial output posts strong start to 2018

Mar 14, 2018 (AFP)

Output at factories and workshops expanded 7.2 percent year-on-year in January and February combined, the National Bureau of Statistics (NBS) said, beating the ...

China rejects Canadian accusation of steel dumping

Mar 13, 2018 (AFP)

Prime Minister Justin Trudeau said Monday that Canada was "very concerned" about actions taken by China and that his country has already taken steps to prevent ...

US orders compliance overhaul at Industrial and Commercial Bank of China

Mar 13, 2018 (AFP)

The consent order came after an exam by the Federal Reserve Bank of New York found "significant deficiencies" at the branch in detecting and preventing illicit ...

China to merge banking, insurance regulators in massive overhaul

Mar 13, 2018 (AFP)

The sweeping changes were presented to the National People's Congress two days after President Xi Jinping tightened his grip on power with the legislature's app...

Canada's Trudeau accuses China of 'dumping' steel on global markets

Mar 12, 2018 (AFP)

"We are very concerned about the actions taken by China and the dumping of steel and aluminum on the global market," Trudeau said following a tour of an aluminu...

China says still talking with US on trade

Mar 11, 2018 (AFP)

President Xi Jinping's top economic advisor, Liu He, held trade discussions with US officials at the White House earlier this month but the meetings yielded few...

For Trump's numbers, close enough is frequently good enough

Mar 09, 2018 (AFP)

The latest example came as he announced negotiations were underway between Washington and Beijing to reduce the soaring US trade deficit with China -- with Trum...

Trump signs sweeping tariffs, sparking outrage, trade war fears

Mar 09, 2018 (AFP)

Signaling a sharp departure from a decades-long US-led drive for more open and less regulated trade, Trump declared that America had been "ravaged by aggressive...

China can be more 'courageous' in opening: central banker

Mar 09, 2018 (AFP)

"Now that we have entered a new stage, we can be more courageous in opening our market to the outside world," said Zhou Xiaochuan, governor of the People's Bank...

Allies, rivals alike hit out at Trump trade tariffs

Mar 09, 2018 (AFP)

Close ally Japan warned the tariffs of 25 percent on imported steel and 10 percent on aluminium "could have a grave impact on the economic relationship" between...

Trump tariffs chip away at world's free trade credo

Mar 09, 2018 (AFP)

But cracks in the belief that free trade is best had been visible even before the US President pulled the trigger on steel and aluminium tariffs, and institutio...

China says ready for trade war as Trump tariffs loom

Mar 08, 2018 (AFP)

Chinese Foreign Minister Wang Yi issued the stern message as the Trump administration geared up to formally introduce steel and aluminium tariffs as early as Th...

Embattled White House promises quick tariff decision

Mar 08, 2018 (AFP)

Administration big guns Commerce Secretary Wilbur Ross and Treasury Secretary Steve Mnuchin rushed to the cameras to calm market jitters over proposed steel and...

Despite tariffs, Trump takes softer tone with China

Mar 08, 2018 (AFP)

"We're negotiating now with China. We're in the midst of a big negotiation. I don't know that anything is going to come of it," Trump said at the White House wh...

EU's Brexit trade guidelines: key points

Mar 07, 2018 (AFP)

Here are the key points of the document produced by EU President Donald Tusk for approval by the 27 remaining member states, as seen by AFP: - 'Negative economi...

Iran signs deal with China to connect key port to rail network

Mar 07, 2018 (AFP)

The agreement was inked in Tehran in the presence of Iranian Transport Minister Abbas Akhoundi and officials from China Machinery Industry Construction Group. I...

China's finance minister waves away debt concerns

Mar 07, 2018 (AFP)

"We are capable of ensuring there is no systemic risk," Xiao Jie said at a press conference on the sidelines of China's annual parliamentary session. While he a...