Growth worries rise as Japan’s July factory output falls

Growth worries rise as Japan’s July factory output falls

Japan’s factory output fell for a third straight month in July due to slowing exports of cars and steel and flooding that disrupted production, compounded by global trade tensions that cloud the export-reliant economy’s outlook.Trade ministry data out on Friday showed factory output fell 0.1 percent in July from the previous month, undershooting economists’ median […]

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Trade wars, US slaps tariffs on another USD 16 billion in Chinese goods as talks continue

Trade wars, US slaps tariffs on another USD 16 billion in Chinese goods as talks continue

The United States today imposed steep import tariffs on another USD 16 billion in Chinese goods over what Washington has called rampant theft of American technology, even as trade negotiators were in talks to avert further confrontations. The latest action completes the first round of USD 50 billion in products that President Donald Trump targeted, […]

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US-Mexico trade talks progressing but no breakthrough with China

US-Mexico trade talks progressing but no breakthrough with China

Negotiations between the United States and Mexico to revise the nearly 25-year-old North American Free Trade agreement are making progress but will not be concluded this week, Mexico’s Economy Minister Ildefonso Guajardo has said.But a Chinese delegation, in Washington for talks aimed at defusing the spiraling US trade war with Beijing, left without any breakthrough […]

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