- Search results for trade war
The US and China are locked in a trade war since President Donald Trump imposed heavy tariffs on imported steel and aluminium items in March last year, a move that sparked fears of a global trade war.
While Sensex closed at 35,592, Nifty closed at 10,652 on mixed cues.
After dropping over 100 points in early trade, the 30-share index turned rangebound, and was trading 21.49 points, or 0.06 per cent, lower at 35,635.21.
Since then, Kumaresan started dominating the ganja business and even resorted to snatching ganja from Sagayaraj’s men.
The US officials have been in Beijing since Monday for the first sit-down talks since Donald Trump and Xi Jinping agreed on December 1 to a three-month truce after the trade war.
The critical question is whether US and China can strike a deal by the March 1 deadline because if they succeed, a cloud will be lifted off the world economy.
Paul Romer, who won this year’s Nobel economics prize for his work on how technology drives growth, is more concerned about the flow of ideas.
Increased interdependence has been dealt a blow by heightened commercial animosity.
Trade experts and observers agree the timeframe will not allow for a comprehensive trade pact between the world's two biggest economies.
Elections herald volatility not just on account of political uncertainty, but also possible slowdown in projects, spending and economic growth.