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Nalezeno "Trade War": 46

US China Trade War Effect on Global Economy


A trade war is the last thing that any country would want as it weakens the entire global economy and disrupts people’s well-being. A trade war happens when one country retaliates against another by placing restrictions, like raising import on goods imported from other countries. A trade...

$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars


Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...

China Takes Another Step Away From USD Hegemony


The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...

NFL Could Pay a Steep Price Owing to US-China Trade War


The United States-China trade war shows no signs of relenting and in a new development, the National Retail Federation has indicated that it could take a toll on fans of the National Football League (NFL). According to the findings of the National Retail Federation, NFL fans will need to pay a...

China Adds Almost 100 Tons to Its Gold Reserves


The world has been in the middle of an economic downturn for most of 2019 due to a range of factors. The uncertainty with regards to interest rates and the continued United States–China trade war has brought on a lot of chaos on to the markets. Due to such chaos many investors have decided...

Currency War Erupts as US and China Bring Out the Big Guns


What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...

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