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Chinese Sinopec can increase oil imports from the US to a record level
China, Economy, Oil, USA
Asia's largest oil refinery company Sinopec plans to increase oil imports from the US to a record level in the framework of Beijing's measures to reduce the trade deficit with the United States.
Trump suggested the EU cut steel supplies in the US by 10%
Economy, EU, Trump, USA
Washington offers Brussels two options for resolving a trade dispute. Both suggest reducing imports of steel and aluminum to the United States by 10%.
EC recommended to stop the forced reduction of the deficit of France
Economy, EU, France
The European Commission recommends that France withdraw from the procedure of compulsory reduction of the budget deficit, said European Commissioner for Economics and Financial Affairs Pierre Moscovici, whose words are on the organization's website.
India complained to the WTO on the US duty on steel and aluminum
Economy, India, USA
India filed a complaint with the World Trade Organization (WTO) on the US duty on aluminum and steel.
China announced the reduction of import duties on imports of cars and parts
Auto, China, Economy
The Chinese authorities from July 1 will lower duties on the import of cars and parts. This is stated in a message on the website of the Chinese Ministry of Finance.
Brent oil exceeded $ 79 per barrel
Economy, Oil
Oil prices rise in Asian trading on Monday after the announcement of a truce in the US-China trade war and Venezuelan elections.
The head of the US Treasury announced a pause in the trade war with China
China, Economy, USA
US Treasury Secretary Stephen Mnuchin said that after Washington and Beijing decided to abandon the mutual tariff threats and are working on a "broader trade agreement", "the trade war between the United States and China is suspended."
Gold fell to the lowest level this year
China, Economy, Gold, USA
Quotations of gold futures are down and can finish the day at the lowest level this year.
Trade contradictions between the US and China can lead to accelerated rates of deforestation in Brazil
Brazil, China, Economy, USA
Contradictions of the US and China in trade issues can lead to negative impacts on forests and the climate of Brazil.
China could make US concession for $ 200 billion in trade war
China, Economy, USA
Representatives of the Chinese authorities during the talks in Washington offered the US president a package of measures that should reduce the trade balance deficit between the countries by $ 200 billion.