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EghtesadOnline: Will the US-China trade war grow to affect Iran’s economy? Experts present two diverse perspectives on this escalating tension and its impact on Iran’s economy. One group believes that because of Iran’s small economic role in global trade, the country is highly unlikely to be seriously affected by the fallout of trade war whereas another group cites its strong ties with China to express concerns about the seemingly unending conflict’s negative consequences for Iran.
EghtesadOnline: Iran’s ICT minister says the United States’ belligerence has proved harmful for global trade and stability.
EghtesadOnline: Tehran stocks closed higher for a second straight session on Monday, supported by expectation of improved global trade atmosphere in the wake of the China-US trade truce and hike in international oil prices.
EghtesadOnline: Crude oil prices rose more than 1% on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline since investors worried that global trade disputes could slow economic growth and hurt energy demand.
EghtesadOnline: Prices for shipping containers, the metal boxes that carry 90% of the world's manufactured goods, have risen to their highest since October 2015, a clear indicator that seaborne trade is increasing and should grow further this year.
EghtesadOnline: Factories across Europe and much of Asia posted another month of solid growth in March, rounding off a strong quarter for manufacturers, even though exporters fear a rise in U.S. protectionism could snuff out a global trade recovery.
EghtesadOnline: The U.S. dollar slumped to a six-week low on Monday on worries over a dovish Federal Reserve, while U.S. and European stock markets dipped amid concerns about G20 financial leaders' decision to drop a pledge to keep global trade free and open.
EghtesadOnline: U.S. stocks slipped with European equities as oil fell toward $48 a barrel, with investors digesting fresh signs that the U.S. intends to rewrite the terms of global trade. The dollar and Treasuries were little changed.
EghtesadOnline: Finance chiefs of the world’s largest economies set aside a pledge to avoid protectionism and signed up to a fudged statement on trade instead, in response to the Trump administration’s call to rethink the global order for commerce.