The U.S. and China are launching into another round of trade talks. The current tariffs have one U.S. manufacturer facing a double whammy. CNBC’s Contessa Brewer brings us that story from Northbridge, MA.
Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?
Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.
Trade war: US and Chinese firms braced for tariff shock
The US is set to increase tariffs on $200bn (£153.7bn) worth of Chinese products on Friday, in a sharp escalation of their damaging trade war. Tariffs on those Chinese goods will more than double to 25% at 04:01 GMT, and Beijing has vowed to retaliate.
Royal Decree bans use of chemical weapons
Muscat: His Majesty Sultan Qaboos bin Said has issued Royal Decree number 39, which implements the agreement of prohibiting chemical weapons signed in 1993.
Nepal holds meeting with Oman to send more skilled workers
As per recent reports in the Himalayan Times, Ram Prasad Ghimire, joint secretary at the Ministry of Labour, Employment and Social Security, Nepal said that their country has had fruitful negotiations with Oman to send workers.
MoT looks to establish offices in China, Saudi Arabia
Oman is looking to expand its presence in international markets and will soon open its representative offices in China and Saudi Arabia.
Opening of new Oman-Saudi road to ease congestion
Muscat: The opening of the road linking Oman with Saudi Arabia, through The Empty Quarter desert, will lead to less traffic at Oman’s border crossings, according to a government unit.
Yemen war ‘does not serve any party’ says Oman’s ambassador to US
WASHINGTON — Oman rejects military operations against Yemen and believes the war there “does not serve any party” and is “devastating for the Yemeni people,” said Hunaina Al-Mughairy, Oman’s ambassador to the United States, in an exclusive interview with Al-Monitor at the Omani Embassy
China’s ‘charming towns’ plan turns into a nightmare for investors, amid legal crackdown
When visited by the South China Morning Post in 2017, Happy Town’s blueprints for a sex toy shopping street, a sex exhibition centre and an “adult-only” hotel, seemed a world away from the town’s traditional sights of grapes, mulberry trees and turtle ponds.
New Agriculture and Fisheries Minister takes oath
Before His Majesty Sultan Qaboos bin Said, Dr Hamad bin Said bin Sulaiman al Oufi, Minister of Agriculture and Fisheries, took oath at Bait al Barakah, on Tuesday evening.