US shale producers warn Chinese tariffs would hit energy exports

By Ernest Scheyder and Collin Eaton HOUSTON, June 20 : China’s proposed tariffs on US petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry’s largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week. China has said […]

U.S. Senate backers of ZTE measure ready to battle Trump over Chinese firm

By Patricia Zengerle WASHINGTON, June 19 : U.S. senators who back a clampdown on China’s ZTE Corp said on Tuesday they intend to fight for the measure, and urged fellow lawmakers not to give in to White House pressure to give up on the legislation. In a rare break with President Donald Trump’s policy, the […]

Russia to impose duties on American goods after U.S. sets metals tariffs

By Polina Nikolskaya MINSK, June 19 : Russia will impose import tariffs on certain goods from the United States in response to duties imposed by Washington on steel and aluminium imports, Economy Minister Maxim Oreshkin said on Tuesday. The tariffs will target goods that have domestic equivalents in Russia, and the move will not affect […]

China slams U.S. ‘blackmailing’ after Trump makes new trade threat

By Michael Martina and Eric Beech BEIJING/WASHINGTON, June 19 : China accused the United States on Tuesday of “extreme pressure and blackmailing” and vowed to retaliate after U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods in an escalation of the trade conflict between the world’s two […]

Trump ratchets up China trade conflict with fresh tariff threat

By Eric Beech and Tony Munroe WASHINGTON/BEIJING, June 19 : U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods, prompting a swift warning from Beijing of retaliation, as the trade conflict between the world’s two biggest economies quickly escalated. Trump’s latest move, as Washington fights trade battles […]