Finance chiefs from India, Japan and the Paris Club of sovereign creditors held a joint briefing in Washington with the International Monetary Fund to mark the start of the restructuring.
Compounding the danger is the most aggressive monetary tightening campaign the Federal Reserve has embarked on in two decades.
Even if the hit is temporary, as most anticipate, the disruptions and closures are likely to slow the fragile rebound in some sectors and weigh on businesses’ future plans.
In recent weeks, U.S. President Donald Trump has drawn the ire of security hawks in Congress for suggesting he could trade away his blacklisting of Huawei Technologies Co. to secure a trade deal with China. On Saturday he took a big step toward doing just ...
One of Donald Trump's most persistent economic promises as president has been to rewrite the U.S. relationship with China. Yet as he approaches a potential deal, some of the very hawks who have cheered on his trade war already fear he may end up ...
Ever since negotiators from the United States and China sat down in Beijing after a Christmas meltdown in global markets, Donald Trump has sought to calm investors and claim his trade talks are making great strides. But that glosses over a more uncomfortable reality. According ...
