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China Slaps US with US$60B New Tariffs

JAKARTA (TheInsiderStories) – China finally decided to retaliate on United States (US), by setting a new import tariffs, ranging from 5 to 25 percent...

US, China Trade War Escalates Again as Truce Collapses

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump’ decision to hike tariffs from 10 percent to 25 percent on US$200 billion of Chinese imported...

Hot and Cold US – China Trade War

JAKARTA (TheInsiderStories) — There is still uncertainty over the United States (US) and China trade war. Today, US impose 25 percent tariff on US$200...

Morning Briefing: Today, US Charges China’s Goods 25%

JAKARTA (TheInsiderStories) — Good morning! Starting today United States will charge US$200 billion Chinese goods 25 percent from earlier only 10 percent. President Donald...

China’s exports Declined in April on weakening US Demand

JAKARTA (TheInsiderStories) - China' merchandise exports contracted 2.7 percent in in April in terms of USD, down from a revised 13.8 percent expansion in March,...

US to Implements New Tariffs on US$200B Chinese Goods This Friday

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump has escalated the trade war with China by announcing plans to hike the tariff imposed...

US’ Natural Gas Exports to Europe Surge by 272%

JAKARTA (TheInsiderStories) - The European Union (EU) announced that  liquefied natural gas (LNG) imports from United States (US) have climbed 272 percent since 2016. The steepest...

Trump Welcomes Trilateral Trade with UK, Japan after Brexit

JAKARTA (TheInsiderStories) - Amid the tariff war between the United States (US) and China which continues to negotiate, the world will witness an increase...

Morning Briefing: US, China Hopeful Trade Deal Wrap in Two More...

JAKARTA (TheInsiderStories) — United States (US) and China are expected no longer far from reaching a trade deal. US Treasury Secretary Steven Mnuchin hoped...

Russia Summit: Putin Pledges to Normalize US, North Korea Relationship

JAKARTA (TheInsiderStories) - North Korean Leader Kim Jong-un has asked Russian President Vladimir Putin to served as an intermediary with the United States (US)...

Oil Price Surges as US Ends Waivers for Iranian Oil

JAKARTA (TheInsiderStories) – Global oil prices surged to nearly six month higher at US$74 a barrel after President Donald Trump decided not to reissue...

Weekly Briefing: Welcoming China’s Belt and Road Initiative Summit

JAKARTA (TheInsiderStories) — Good morning! China will hold the Belt and Road Initiative (BRI) Summit on April 25-27. 37 world leaders in the summit is...

Morning Briefing: Polls said Widodo Leads Presidential Race

JAKARTA (TheInsiderStories) — Good morning! Based on exit polls, Joko Widodo - Ma'ruf Amin lead Indonesia' presidential race. While, the contender Prabowo Subianto -...

EU Open Renegotiates Trade Tariff with US

JAKARTA (TheInsiderStories) – The European Union (EU) now is ready to launch negotiations with United States (US) to eliminating trade tariffs, said the agency...

Morning Briefing: Lower US Recession Risk, Goldman Sach Says

JAKARTA (TheInsiderStories) — Good morning! Federal Open Market Committee policy has been rising the recession risk to 10 percent from 20 percent in United...

US’s EIA Raises Crude Oil Output Growth and Price

JAKARTA (TheInsiderStories) - United States' (US) Energy Information Administration (EIA) raised its forecasts for the country and global benchmark crude prices this year, The...

Morning Briefing: US Inflation Tame in March, EU Gives New Hope...

JAKARTA (TheInsiderStories) — Good morning! The inflation rate in United States (US) rose 0.41 percent in March, following the prior month at 0.2 percent, the Labor...

Moody’s: US’s Car Tariffs to Disrupt Global Trade

JAKARTA (TheInsiderStories) – The response to the imposition of United States (US) tariffs on cars and imported parts from the European Union (EU) has...

David Malpass: The World Needs New Approach to Reduce Poverty in...

JAKARTA (TheInsiderStories) – The World Bank Executive Board has approved David Robert Malpass's victory to fill the leadership chair of financial institutions after being...

China Extends to Suspend US’s Vehicle, Auto Parts Tariff

JAKARTA (TheInsiderStories) – The Chinese State Council continues to extend the 25 percent retaliation rate for vehicles and auto parts from the United States...

US’s Trade Deficit Narrows Down More Than Expected

JAKARTA (TheInsiderStories) - United States (US) Commerce Department reported the country trade deficit narrowed to US$51.1 billion in January of 2019 from an upwardly...

Morning Briefing: Indonesia May Gain Benefit over the US Recession

JAKARTA (TheInsiderStories) — Good morning! United States bond market’ yield curve showed ominous sign of a recession. Yesterday, US 10-year bond yield fell deeply...

Morning Briefing: Trump Give Sanction to North Korea

JAKARTA (TheInsiderStories) – Good morning! After saying a sanction will be imposed on two Chinese shipping companies accused of violating North Korea trade prohibition, United...

Unites States Deficit Widened to US$234B in February

JAKARTA (TheInsiderStories) – United States (US) experienced the biggest monthly budget deficit to US$234 billion, amid a 20 percent decline in corporate tax revenues and...

Powell: US’S Interest Rates Unchanged This Year

JAKARTA (TheInsiderStories) – The Federal Reserves (Fed) maintains a target range for the federal fund level at 2.25-2.5 percent during the March 19-20 meeting,...

IMF: Advanced Protectionism Worsens Global Crisis

JAKARTA (TheInsiderStories) – Protectionism and trade war are the most real threats to the world economy today, said International Monetary Fund (IMF). Caused of the...

US Jobless Rise Slightly, China’s Slowdown Hit its Workers

JAKARTA (TheInsiderStories) – The number of Americans filling out jobless benefits increased by 6,000 to 229,000 which ended March 9 from the previous week...

US’s Senate Rejects Emergency Declaration, Trump Headed for Veto

JAKARTA (TheInsiderStories) - United States (US) Senate rejected President Donald Trump’ emergency declaration at the southern border, setting up what will be the first veto...

China’s Industrial Growth Declines, US’s Production Rises

JAKARTA (TheInsiderStories) – China' industrial production rose only 5.3 percent year-on-year in the February. This was the slowest pace since the same period in 2002...

China’s Export Drops 20% in February, The Biggest Declines Since 2016

JAKARTA (TheInsiderStories) -  China foreign trade of goods fell 13.8 percent in February to US$266.36 billion compared to same month in 2018. While, Exports...