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November 15, 2019

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In swipe at US, BRICS hit out at protectionism

In swipe at US, BRICS hit out at protectionism

Five of the biggest emerging economies railed against protectionism on Thursday as they vowed to overcome "significant challenges" facing multilateralism, in a swipe at US tariffs and unilateral action.The joint declaration by BRICS countries -- Brazil, Russ

In swipe at US, BRICS hit out at trade protectionism

In swipe at US, BRICS hit out at trade protectionism

Five of the biggest emerging economies railed against protectionism on Thursday as they vowed to overcome "significant challenges" facing multilateralism, in a swipe at US tariffs and unilateral action.In a joint declaration, BRICS countries -- Brazil, Russi

Tariffs' removal a 'condition' for US trade deal: China

Tariffs' removal a 'condition' for US trade deal: China

China on Thursday said eliminating tariffs was a "condition" for reaching a trade agreement with the United States, a demand US President Donald Trump said earlier this month that he had rejected.The Commerce Ministry's remarks showed a sizeable distance st

Hanoi struggles to curb fake "Made in Vietnam" goods

Hanoi struggles to curb fake

Vietnam is struggling to curb fraud in exports destined for America, custom officials said Thursday, as manufacturers seek to dodge punishing tariffs due to the US-China trade spat by illegally using "Made in Vietnam" labels.Exporters have started shifting p

Trump says will make decision on auto tariffs 'very soon'

Trump says will make decision on auto tariffs 'very soon'

President Donald Trump said Wednesday he will announce his decision on tariffs on imported autos "very soon."Trump gave no hints about what his decision would be, but industry sources told AFP they expect tariffs to be deferred for another six months."I wil