United States president Donald Trump had said, while he announced a new round of import tariffs on Chinese goods last week, that he was willing to sever all ties with China if needed to make Beijing agree to a trade deal.    "We don't need China," the president tweeted, "and, frankly,...

The August agreement between Democrats and Republicans to add up to the US budget borrowing limit will lead to an increase in its deficit to $ 1 trillion as early as fiscal year 2020. In general, a gradual increase in the deficit will lead to growing volume of US public debt over the next ten years...

A deal was reached between the United States and France to put an end to their dispute over the 3 per cent technology tax imposed by Paris on large tech companies. However no confirmation was provided by US President Donald Trump about whether this deal meant that his threat of retaliatory tariff...

China was actively reaching out to the United States to restart stalled negotiations on trade and to "make a deal" to end the trade war between the countries which is going on for more than a year, said the US President Donald Trump. He also lauded the Chinese president as a great leader.  ...

Gold prices are returning to a six-year high. At the end of last week, they reached the level of $ 1,529.81 per troy ounce. Another round of the trade war between Washington and Beijing on the introduction of import duties forced investors to increase investment in defensive assets. The...

Following the escalation of last week’s bitter trade war between the U.S. and China, resulting in both imposing increasing tariffs on each other, China calls for “calm” discussions. China showed its willingness to resolve the ongoing “trade dispute” with the U.S. through “calm” discussions, while...

United Kingdom business would be allowed to continue to keep trading freely with South Korea after the exit of the UK form the European Union as London signed a "continuity" trade agreement with Seoul on Thursday.   The trade deal was signed by the International Trade Secretary Liz Truss on...

While saying that the trade negotiation that he had on a bilateral trade agreement with his United States counterpart were “very tough”, the Japanese Economy Minister Toshimitsu Motegi said the both the US and Japan need to strive harder to fill a number of gaps that still exists for the completion...

Global inequality is narrowing as emerging economies are catching up with wealthy nations. However, the gap in developed economies continues to widen, says McKinsey Global Institute study for the August G7 summit in Biarritz. At the same time, economic growth alone is not capable of ensuring...