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Hong Kong protesters go ‘Baltic,’ but some struggle to explain why

3 hours ago DieselGasoil Comments Off on Hong Kong protesters go ‘Baltic,’ but some struggle to explain why
Demonstrators in Hong Kong formed a human chain throughout the city, inspired they say by protests in the Baltics some 30 years ago. Some of them seemed rather lost about the state of the current standoff with their government. RT America’s Sara Montes de Oca asked the protesters why they are not satisfied with the government’s Read More

Key dates in the U.S.-China trade war

4 hours ago DieselGasoil Comments Off on Key dates in the U.S.-China trade war
(Reuters) – Hopes for settlement of the yearlong U.S.-China trade war dimmed further on Friday as China said it will slap retaliatory tariffs on about $75 billion worth of U.S. goods, the latest escalation in the dispute between the world’s two largest economies. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Read More

Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation

4 hours ago DieselGasoil Comments Off on Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world’s two largest economies. FILE PHOTO: Containers are seen at the Yangshan Deep Water Read More

Oil declines as China plans tariffs on imported US crude, escalating trade fight

6 hours ago DieselGasoil Comments Off on Oil declines as China plans tariffs on imported US crude, escalating trade fight
New York — Oil settled lower Friday amid renewed concerns that spiraling US-China trade tensions could blunt global energy demand growth. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX October WTI settled down $1.18 at $54.17/b, and ICE October Brent was 58 cents lower on the day at Read More

Made in USA: Trump calls on American firms to abandon China

7 hours ago DieselGasoil Comments Off on Made in USA: Trump calls on American firms to abandon China
By Ganesh Rao, business reporter President Donald Trump has furiously responded to China’s decision to impose new retaliatory tariffs on American goods. In a series of tweets, Mr Trump said he was ordering US companies to look at ways to close their operations in China and make more of their products in the United States Read More

Trump calls on U.S. firms to exit China as trade war escalates

7 hours ago DieselGasoil Comments Off on Trump calls on U.S. firms to exit China as trade war escalates
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession. FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping pose for a photo ahead of Read More

China places first-time tariff on U.S. crude

9 hours ago DieselGasoil Comments Off on China places first-time tariff on U.S. crude
By Jessica Summers and Sheela Tobben on 8/23/2019 NEW YORK (Bloomberg) – Crude plunged to a two-week low after China announced tariffs on U.S. crude oil for the first time as the trade war between the world’s biggest economies escalated. Futures fell as much as 3.5% in New York on Friday, erasing this week’s gain. Read More

Trump furiously responds to China’s new retaliatory tariffs

10 hours ago DieselGasoil Comments Off on Trump furiously responds to China’s new retaliatory tariffs
By Ganesh Rao, business reporter President Donald Trump has furiously responded to China’s decision to impose new retaliatory tariffs on American goods. In a series of tweets, Mr Trump said he was ordering US companies to look at ways to close their operations in China and make more of their products in the United States Read More

China to impose 5% tariff on US crude from Sep 1: State Council

10 hours ago DieselGasoil Comments Off on China to impose 5% tariff on US crude from Sep 1: State Council
Singapore — China’s plans to levy 5% tariff on US crude imports from September 1 caused a drop in benchmark crude prices Friday, jeopardized seaborne US crude shipments heading to China and limiting buying interest in US crude from Chinese refiners. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

Oil sinks as China places first-time tariff on U.S. crude

10 hours ago DieselGasoil Comments Off on Oil sinks as China places first-time tariff on U.S. crude
By Jessica Summers and Sheela Tobben on 8/23/2019 NEW YORK (Bloomberg) – Crude plunged to a two-week low after China announced tariffs on U.S. crude oil for the first time as the trade war between the world’s biggest economies escalated. Futures fell as much as 3.5% in New York on Friday, erasing this week’s gain. Read More