CHINA

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China Vows To Respond If US Takes New Steps On Trade

China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States.
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Weak Exports Push US Trade Deficit To Five-Month High

The U.S. trade deficit rose to a five-month high in July as exports of soybeans and civilian aircraft declined and imports hit a record high, suggesting the Trump administration’s protectionist policy was so far not having an impact.
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Oil Prices Higher As US Sanctions Limit Iran Exports

Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply from OPEC and the United States.

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