Trade Dispute
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Oil prices surge on hopes of US-China trade talks success; Trump says tariff hike if dialogues fail to clinch deal
•Oil prices have also been receiving support from supply cuts started at the end of 2018 by a group of producers around the OPEC as well as non-OPEC member Russia.
China's industrial profits suffer first drop in three years; trade dispute with US piles pressure on manufacturing sector
•In November, China’s factory price growth slowed to the weakest pace in two years as domestic demand lost further momentum.
Oil prices claw back some ground, but emerging market crises, trade disputes could dent demand, cautions IEA
•Brent crude oil was up 23 cents, or 0.3 percent, at $78.41 a barrel by 0122 GMT, after falling 2 percent on Thursday. The global benchmark the day before rose to its highest since May 22 at $80.13 a barrel.
Trade dispute intensifies: US to impose $16 billion import tariffs on 279 items from China from 23 August
•Washington had already imposed tariffs on $34 billion on 6 July but held off on a final $16 billion in goods as a result of concerns from US companies.
US-China trade war: Contrary to assumptions, evolving dispute won't open doors that easily for Indian exporters
Madan •The US-China trade war may not be all smooth sailing for Indian exports given the tenuous relations we have with America on the trade front.
Gold prices dip but fails to stoke demand as buyers await bigger fall ahead of festival season
•In the Indian market, gold futures were trading at around 29,800 rupees per 10 grams on Friday, having fallen to the lowest since 19 January, at 29,638 rupees, earlier this week.
What govt is not saying: Real threat to food bill is US, not BJP
Pramod •The double-standards of these rich countries are not surprising because they have to protect their trade interests. But India's lack of transparency on the issue before its public as well as its lack of resolve to fight the US and EU are indeed surprising
US challenges India's 'discriminatory' solar panel import policy
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