AFP Asia Business
Japan tariff envoy departs for round two of US talks
Tokyo’s tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump’s trade levies.Ryosei Akazawa may also reportedly offer to buy more US corn and soybeans, or continue discussions on developing liquefied natural gas (LNG) fields in …
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China’s manufacturing shrinks in April as trade war bites
China’s factory activity shrank this month, official data showed Wednesday, with Beijing blaming a “sharp shift” in the global economy as it fights a mounting trade war with the United States.Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April, while Beijing has responded with fresh 125 percent …
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