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trade deficit
Updates on the trade deficit
The US imposes a 39% tax on goods imported from Switzerland due to a $48 billion trade deficit. Will gold prices benefit?
US President Donald Trump has imposed a 39% tariff on imports from Switzerland, the highest for a developed country. The reason may lie in refined gold.
Market
US tariff threat could cost Germany 200 billion euros
The US President announced that he will impose a 50% tariff on imports from the EU, citing stalled trade negotiations.
What does the Trump administration want from the rest of the world?
While much remains unclear about the White House's goals, a clearer picture of the trade talks is emerging, according to the Washington Post.
Three macro existences of the wood industry today
(Baonghean.vn) - At the conference to discuss solutions to promote the production, processing and export of forest products, on the morning of December 1, Mr. Do Xuan Lap - Chairman of the Vietnam Timber and Forest Products Association proposed to the Prime Minister and ministries and branches three major policy areas to move towards sustainable development of the wood industry.
Trump considering withdrawing US from NATO?; Germany will not make further concessions to Britain on Brexit
(Baonghean.vn) - In the past 24 hours, there have been many outstanding news in the world such as: Is President Trump considering withdrawing the US from NATO?; Israel admits to supplying weapons to rebels in Syria; Germany will not make further concessions to the UK on Brexit; Russian court orders extension of detention of 4 Ukrainian sailors; Another human trafficking ring was dismantled by Italian police...
China and the United States opened 2019 by “putting out” the trade war.
A US government delegation will visit Beijing for trade talks early in the second week of January, Bloomberg reported. Earlier, the Chinese Ministry of Commerce announced plans for the parties to hold trade talks in the first month of 2019.
G20 summit faces many disagreements
The upcoming US-China summit on the sidelines of the G20 conference in Argentina is expected to find a solution to the current trade war.
China shows willingness to negotiate trade dispute with US
November 6, 2018 12:54
(Baonghean.vn) - China is ready to negotiate and work with the United States to resolve trade disputes, as the world's two largest industries are at odds, Vice President of the People's Republic of China Wang Qishan said on November 6.
Preventing China's rise is a "foolish" move by the US
October 10, 2018 17:02
(Baonghean.vn) - On October 10, Alibaba Group Chairman Jack Ma said that the US's efforts to launch a cold war-style war against Beijing with the aim of preventing the rise of Asia's largest economy are "foolish".
China declares to stand firm in the face of trade threats from the US
September 28, 2018 08:13
A representative of China's Ministry of Commerce warned the United States not to underestimate its determination, confidence and capabilities.
The 'guts contest' between the two superpowers, the US and China: Who will 'put down the gun' first?
September 18, 2018 16:28
(Baonghean.vn) - Despite China's call not to impose additional tariffs, despite the call from a segment of American businesses to stop the trade war with China, US President Donald Trump still decided to "strike" when he announced that he would impose tariffs on 200 billion USD on imported goods from China from September 24.
US announces import tax on $200 billion worth of Chinese goods
September 18, 2018 07:51
The Donald Trump administration has just announced that it will impose a 10% tax on $200 billion worth of Chinese goods, increasing it to 25% early next year.
President Trump warns of tariffs of up to $267 billion on Chinese goods
September 15, 2018 07:03
On September 14, Bloomberg news agency reported that President Donald Trump has directed the imposition of an additional $200 billion in tariffs on Chinese goods.
The 'plot' to internationalize the yuan is being dragged down by the trade war
August 9, 2018 07:00
The recent decline in the yuan is posing a challenge to Beijing's efforts to promote its currency globally.
Trump unexpectedly compares "EU is probably just as bad as China"
July 2, 2018 16:40
(Baonghean.vn) - RT reported on July 2 that in an interview with Fox News, US President Donald Trump said that trade with the EU is almost as bad and unfair as trade with China. He noted that Washington has spent a fortune to “protect” its small European partners, and they have responded by doing “bad” things.
The truth about the US-China "trade war"
June 18, 2018 09:01
(Baonghean.vn) - After many rounds of trade negotiations, the US and China have reached some common understandings. However, just when public opinion had high expectations that the trade war between the two countries would soon end, the White House suddenly announced a 25% customs tax on 50 billion USD worth of Chinese goods imported into the US.
US plans to sell weapons to Vietnam
April 8, 2018 13:57
According to the US side, purchasing American weapons will contribute to changing the trade deficit between them and Vietnam, so this is a priority.
Hot: US President intends to withdraw troops from South Korea
March 15, 2018 21:12
(Baonghean.vn) - On March 14, the Washington Post reported that President Donald Trump appeared to threaten to withdraw US troops from South Korea if he could not agree with Seoul on trade issues.
'Beijing is surpassing Washington in every aspect'?
January 27, 2018 07:20
After Gallup released its survey results, a Chinese scholar declared that Beijing is surpassing Washington in every aspect.
President Macron visits China: Prospects for opening an “Asian chapter”
January 8, 2018 09:28
Mr. Emmanuel Macron will arrive in Xi'an, China on January 8 to begin his first Asian tour as President of France.
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