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Global stocks rally, safe-haven currencies drop, on China plan to cut tariffs

World equity markets rallied for a fourth day on Thursday, with key stock indexes touching fresh peaks, as news that China plans to cut tariffs in half on some U.S. goods buoyed risk sentiment and..
Reuters India - Published

China to halve tariffs on some U.S. imports as coronavirus risks grow

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that defused a bruising trade war between the world's two..
Reuters India - Published

Videos for "China Tariffs"


China to Cut Tariffs on $75 Billion of U.S. Goods [Video]China to Cut Tariffs on $75 Billion of U.S. Goods

The change will go into effect on Feb. 14.

Credit: The Street     Duration: 01:20Published

China To Cut Tariffs In Half On $75 Billion Worth Of U.S. Goods [Video]China To Cut Tariffs In Half On $75 Billion Worth Of U.S. Goods

The Chinese Ministry of Finance said retaliatory tariffs on some U.S. goods will be reduced from 10% to 5% and on others from 5% to 2.5%.

Credit: Rumble     Duration: 01:25Published

China to halve tariffs on some U.S. imports as virus risks grow [Video]China to halve tariffs on some U.S. imports as virus risks grow

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal. Ciara Lee reports

Credit: Rumble     Duration: 01:33Published

European stocks shrug off virus worries, hit record highs [Video]European stocks shrug off virus worries, hit record highs

European stocks shrugged off coronavirus worries Thursday to hit record highs, with robust earnings reports among the positives for investors. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:20Published

 

Global Markets: Stocks gain as China cuts tariffs, investors look beyond virus

Stock markets across the world gained on Thursday, helped by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods as investors bet that the global economy would avoid..
Reuters India - Published

China to cut tariffs on $75 billion in US imports: official

China will cut punitive tariffs on $75 billion in U.S. imports by half starting February 14, the government said Thursday, a month after Beijing and
Hindu - Published

U.S. election no hard deadline for next China trade talks - Mnuchin

The United States has no hard deadline to conclude the next phase of trade talks with China, but tariffs would not be cut until the next round, Treasury Secretary Steven Mnuchin said.
Reuters India - Published

Factbox: How China tariffs on U.S. commodities, energy stand after Phase 1 trade deal

China and the United States have agreed to terms of a Phase 1 trade deal on Jan 15 but Beijing has not reduced or waived tariffs on any commodities or energy further.
Reuters India - Published

Gold inches up as U.S. says China tariffs in place till Phase 2 deal

Gold edged up on Wednesday, after a top U.S. official said tariffs on China would stay until a Phase 2 deal is completed, ahead of the signing of an interim trade deal between the two countries, while..
Reuters India - Published

US plans to keep $360 billion worth of China tariffs intact despite Phase-1 trade deal

Washington D.C. [USA], Jan 15 (ANI): The Trump administration has no current plans to lift the tariffs worth about $370 billion, or nearly on two-thirds of Chinese imports to the United States, despite..
Sify - Published

China to lower import tariffs on frozen pork, avocados from January 1

China will lower tariffs on products ranging from frozen pork and avocado to some types of semiconductors next year as Beijing looks to boost imports amid a slowing economy and a trade war with the..
Reuters India - Published

Currency markets go risk-on amid trade war, Brexit optimism

The dollar fell 0.6% on Friday, with global risk appetite boosted by the apparent clearing of two clouds that have been hanging over world markets: U.S.-China tariffs due on Dec. 15 and Britain's..
Reuters India - Published

Dollar falls 0.6% on U.S.-China deal reports

The dollar fell more than half a percent on Friday, with global risk appetite boosted by the apparent clearing of two clouds that have been hanging over world markets -- U.S.-China tariffs due on Dec...
Reuters India - Published

U.S. sets China trade deal terms, sources say, but Beijing mum

Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing buying more American farm goods, U.S. sources said on..
Reuters India - Published

High-stakes White House meeting expected Thursday to debate U.S.-China tariffs - sources

U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to discuss planned Dec. 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said,..
Reuters India - Published

Trump's Dec. 15 China tariffs threaten a long list of Christmas favourites

U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion (£124.71 billion) in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome..
Reuters India - Published

Trump will make final call on China tariffs, likes direction of talks - Kudlow

Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes..
Reuters India - Published

China to waive tariffs on some U.S. soybeans, pork in goodwill gesture

China on Friday confirmed that it will waive import tariffs for some soybeans and pork shipments from the United States, as the two sides try to thrash out a broader agreement to defuse their..
Reuters India - Published Also reported by •Hindu

China says to waive tariffs for some soybeans, pork purchased from U.S.

China will waive imports tariffs for some soybeans and pork originating from the United States, China's finance ministry said on Friday citing a decision by the country's cabinet.
Reuters India - Published

China maintains tariffs must be reduced for phase one trade deal with U.S.

Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Chinese commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be..
Reuters India - Published

Trump considering whether Apple should be exempt from China tariffs

President Donald Trump said on Wednesday after touring a plant that assembles Apple Inc computers that he was considering whether to exempt the U.S. company from tariffs on imports from China.
Reuters India - Published

Trump hails 'cash' to farmers, U.S. aid in China trade war

U.S. President Donald Trump on Sunday welcomed a "cash" payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs, but that money actually is part of a U.S...
Reuters India - Published

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