The United States faced unified opposition from the world’s top economies to President Donald Trump’s escalating, multi-front trade offensive at the end of high-level meetings Saturday soured by the imposition of tariffs.
Trade and Industry Minister Rob Davies says trade relations between South Africa and India should be accelerated to enhance both economies.
Trade conflicts benefit no one as there are no winners, says Chair of the International Monetary Fund’s top policy steering committee Lesetja Kganyago.
The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe but after that risks will build, the International Monetary Fund said Tuesday. In the latest update to its World Economic Outlook, the IMF still predicts world growth of 3.9 percent in […]
US President Donald Trump teed up a fight with the World Trade Organization Friday, claiming the 164-country body was biased against the United States. A day after China asked the WTO to referee a rapidly escalating trade fight with Washington, Trump questioned the organization’s impartiality. “China, which is a great economic power, is considered a […]