Day: May 20, 2019

Asian shares steady after steep losses; Saudi comments lift oil – Reuters

SHANGHAI (Reuters) – Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in …

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US-China trade war: Moving to Vietnam to avoid sanctions

Image copyright Getty Images Image caption China’s industries have been hit by US tariff hikes Companies operating in China are facing stiff increases in tariffs on exports to the United States as the trade war between the two countries escalates.So, there’s an incentive for manufacturers in China to move their production to countries not subject…