Shares of Nike hit an all-time high after the world's largest athletic gear maker topped quarterly sales and profit forecasts.
U.S.stocks bounced back Tuesday from a sharp sell-off the previous day as China stepped in to stabilize the yuan,easing concerns that currencies would be the latest weapon in the U.S.-China trade war.
'Trade war serves nobody's interest,' says Se Gu, China's former ambassador to Iceland and former president of China Institute of International Studies.
The Donald Trump administration has decided to limit sales of United States' civil nuclear technology to China to prevent use for military or unauthorised purposes, thus heightening further tensions b
World Bank President Jim Yong Kim voices concerns about China-US trade tensions and that escalating tariff threats will lead to an economic slowdown.
Alibaba co-founder Jack Ma told the Wolrd Economic Forum that people should "mentally prepare" for 20 years of U.S.-China trade wars.
The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 per cent tariffs on an extra $200 billion worth of Chinese imports.
U.S. President Donald Trump threatened on Monday to impose a 10 percent tariff on $200 billion of Chinese goods, prompting a swift warning from Beijing of retaliation.
Chinese President Xi Jinping promises to open the country's economy further and lower import tariffs on products including cars, in a speech that struck a conciliatory tone amid rising trade tensions.
Donald Trump instructed US trade officials to consider a new $100 billion round of tariffs on China on Thursday.
China retaliates over the Trump administration's plans to slap tariffs on USD 50 billion in Chinese goods, unveiling a list of similar potential duties on key US imports.
China and the EU warn the U.S. that they will respond to President Donald Trump's measures to impose tariffs on imported steel and aluminum.
World stocks and emerging markets fell for the fifth straight day on Monday, hammered by fears of a global trade war and the prospect of political instability in Europe after inconclusive election res