The tit-for-tat trade war between the United States and China is not likely to cause a recession, according to MKM Partners, a Wall Street equity research and trading firm.
SEOUL (Reuters) - Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers.
LONDON/NEW YORK (Reuters) - The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market.
WASHINGTON—Nearly all tires imported from China, as well as a long list of rubber products, polymers and other raw materials important to the rubber industry, are subject to a 10 percent tariff proposed by the Trump administration.
PHNOM PENH, July 14 (Xinhua) -- Cambodia had exported 84,419 tons of dry rubber in the first six months of 2018, up 21 percent over the same period last year, according to a General Directorate of Rubber report on Saturday.
BEIJING (Reuters) - China is expected to report a modest slowdown in second-quarter economic growth on Monday, as the government’s efforts to tackle debt risks crimp activity and a trade war with the United States threatens exports.