China says tariff threat against USA 'justified'

SINGAPORE, Aug 04 (AFP): China's foreign minister said Saturday that his country's threat to impose retaliatory tariffs on $60 billion of American goods in an escalating trade spat was "fully justified".Beijing threatened Friday to bring in the levies on products ranging from beef to condoms, after US President Donald Trump's...

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S Arabia to resume oil exports through Red Sea lane

DUBAI, Aug 04 (Reuters): Top oil exporter Saudi Arabia said on Saturday it would resume all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb, the state news agency SPA reported.Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big...

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