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trade war
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Dollar starts new year with a hangover as others find cheer
The dollar had benefited from US economic outperformance for much of 2019, but an easing in Sino-US trade concerns has boosted optimism that this year could favour other major nations.

In Trump-Xi fight, both leaders make big bets that may backfire
Trump’s threat to raise tariffs on all Chinese goods last week shattered a truce reached with Xi just weeks earlier, unleashing tit-for-tat actions on trade and currency policy that risk accelerating a wider geopolitical fight between the world’s biggest economies.

Sensex, Nifty hit over 6-month low as rupee woes, trade war worries linger
Meanwhile, the rupee depreciated to 73.82 (intra-day) against the US dollar, which too had a negative influence.

China’s trade surplus with US hits record high despite Donald Trump’s biting tariffs
United States President Donald Trump’s much-touted hefty tariffs on Chinese imports are yet to have a negative effect as the Communist nation’s trade surplus with America ballooned to a record high of USD 34.1 billion in September, latest official data showed on Friday.
