On trade wars China is playing a careful game, but it holds more cards than Trump

Beijing knows the US presidents needs at least the appearance of a thriving economy before next year’s electionAt the beginning of September, Chinese president Xi Jinping incensed Donald Trump by imposing a flurry of new import duties on US goods, incl…

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‘Amazing deal’ or ‘capitulation’? Why the US-China trade truce may not last

Donald Trump hailed the agreement, but others think it masks a process of deglobalisation as the two superpowers struggle for hegemonyThe trade war between the US and China may never be settled, experts fear, even after the two sides agreed on an outli…

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Wall Street hits high as Trump raises hopes of US-China trade deal

Expectation is Washington may abandon plans to raise tariffs on fresh range of Chinese goodsShare prices on Wall Street have surged to record levels after Donald Trump boosted hopes of an imminent trade deal with China.The US president raised expectati…

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UK’s post-Brexit trade at risk as WTO’s top court shuts down

Shutdown of court will leave UK at mercy of EU in its trading relationship after transition periodLatest election news – live updatesThe UK is at risk of being left at the mercy of the EU in its trading relationship in a year’s time after Donald Trump …

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US economy smashes forecasts with 266,000 new jobs in November – business live

America’s non-farm payroll has surged by the most in 10 months, in a boost for the economy….and Donald TrumpLatest: US non-farm payroll beats forecastsJob creation up, unemployment rate downEarlier: UK house prices up 1% in NovemberIntroduction: Germ…

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UK could drop plans to tax tech firms in rush to secure US trade deal

Trade experts raise doubts about digital sales tax aimed at companies such as GoogleBoris Johnson’s plans for a multibillion-pound tax on tech companies such as Google and Facebook may be dropped in the post-Brexit rush to secure a trade deal with the …

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