The country’s central bank guided the renminbi past another key point, suggesting Beijing could weaponize it if Trump imposes more tariffs.
Tag: Economic Conditions and Trends
With Tougher U.S. Sanctions on Venezuela, Bolton Says ‘Now is the Time for Action’
At a conference meant to find a solution to the standoff in Venezuela, John R. Bolton, the Trump administration’s national security adviser, pushed a hard-line approach and rejected compromises.
Circulating in China’s Financial System: More Than $200 Billion in I.O.U.s
As the trade war escalates, Beijing needs private companies to pull China’s economy out of its rut. But for some, ready money can be hard to find.
How Does China’s Currency Move Put Pressure on U.S.?
A weaker renminbi blunts President Trump’s tariffs on Chinese-made goods. But the strategy carries risks beyond worsening relations with the United States.
Trump Imposes New Sanctions on Venezuela
The order freezes the property and assets of the Venezuelan government, but some sanctions experts were skeptical about its likely effects.
Trump Imposes New Sanctions on Venezuela
The order freezes the property and assets of the Venezuelan government, but some sanctions experts were skeptical about its likely effects.
U.S.-China Trade Talks End With No Deal in Sight
Negotiators left Shanghai on Wednesday with little immediate sign of progress as both sides appear to be settling in for a long economic clash.
European Economy Slows, Raising Expectations of E.C.B. Action
The eurozone economies grew 0.2 percent last quarter, and inflation remains far below the European Central Bank’s target.
They Survived Colonization and War. But Venezuela’s Collapse Was Too Much.
The Wayuu have long lived between Venezuela and Colombia. But as Venezuela collapses, many are seeking refuge with their Colombian kin, straining resources — and relationships.
Japan Cites ‘National Security’ in Free Trade Crackdown. Sound Familiar?
Tokyo has moved to limit exports of chemicals to big South Korean chip makers like Samsung, citing vague threats to Japan’s security. Seoul says a political dispute is the real reason for the move.