Us China Trade Conflict

Donald Trump says China is having 'hard time' since US levied 10 percent tariffs on Chinese products in September

China has been hurt over the past months and is having a "hard time" due to strong steps taken by the US against it over trade, US president Donald Trump has claimed.

Mike Pompeo to visit Beijing next week amid trade war; likely to meet with President Xi Jinping, Foreign Minister Wang Yi

Pompeo's visit comes as the US administration is accusing China of trying to undermine President Donald Trump, who accused China during a meeting of the UN Security Council of interfering in American elections to help his Democratic rivals.

Rupee struggles: RBI will have to raise interest rates at least two more times to shore up currency, say investors

The rupee has been punished for the country’s widening trade gap and swept into the broader emerging market turmoil caused by rising US interest rates and an escalating US-China trade conflict. It is Asia’s worst performing currency this year.

Sensex drops 200 points on weak global cues to 38,182, Nifty below 11,550

Sensex fell by 206.85 points, or 0.54 percent, to 38,182.97 in early trade.

Rupee to trade near record low over coming year hampered by high oil prices; trade tensions hurt emerging markets

Rupee has lost over 7 percent this year, with worries over the US-China trade conflict pushing it to a new record low of 69.122 against the dollar in July, making it the worst performing Asian currency.