G-20 finance chiefs to maintain past pledges on currencies

Group of 20 finance chiefs were to reiterate existing pledges on currencies, including commitments to avoid competitive devaluations, at the urging of Japan and the United States, a G-20 source said Saturday, as they prepared to wrap up a two-day meeting and issue a communique. Meanwhile, the wording that the ...

Trade war will only bring 'pain,' China warns U.S.

/ Mar 11, 2017

Trade war will only bring 'pain,' China warns U.S.

China on Saturday warned the U.S. against launching a trade war, saying that both countries would suffer if U.S. President Donald Trump follows through on his threats. The billionaire politician has repeatedly accused China of using unfair trade policies to steal jobs from the ...