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trade row

China growth beats forecasts in face of trade row, financial risk

BEIJING: China's economy grew more than expected in the first quarter as it withstood headwinds from Beijing's fight against financial risk and pollution, and trade tensions with the United States. While acknowledging the potential negative impact of a US trade war officials on Tuesday warned the country faced greater downside risk at home, citing the need for reforms. The world's number two economy expanded 6.8 percent in January-March, better than the 6.7 percent tipped in an AFP survey of economists and the same as…

No breakthrough for EU, Japan in US trade row talks

BRUSSELS: The EU's top trade official said the US failed on Saturday to provide full clarity on how Europe and Japan could be spared from Washington's controversial steel and aluminium tariffs, but said talks would continue next week. European Trade Commissioner Cecilia Malmstroem made her statement after crunch talks with US Trade Representative Robert Lighthizer in an effort to defuse a bitter row that many fear could turn into an all-out trade war. President Donald Trump's announcement of duties of 25 percent on…