September 17, 2020
Via: FortuneHuawei sanctions. The Hong Kong Autonomy Act. The Holding Foreign Companies Accountable Act. A demand that TikTok’s U.S. operations be sold and the threat to ban WeChat. These are all regulations the U.S. has imposed on China this year. Despite […]
September 16, 2020
Via: FortuneOn Tuesday, the World Trade Organization ruled that tariffs the Trump Administration imposed on Chinese imports in 2018 are a violation of international trade rules—handing China a symbolic victory in the prolonged trade war. But the ruling is unlikely to […]
December 6, 2019
Via: ABC NewsChina is waiving punitive tariffs on U.S. soybeans and pork while the two sides negotiate a trade deal, the Ministry of Finance said Friday. Beijing promised in September to lift the tariffs, adding to conciliatory steps that raised hopes for […]
September 13, 2019
Via: ABC NewsA Chinese state news agency says U.S. soybeans, pork and some other farm products will be exempt from tariff hikes in a possible goodwill gesture ahead of trade negotiations next month. The official Xinhua News Agency announced the step Friday, […]
September 3, 2019
Via: USA TODAYIf you’re still catching your breath from the stock market’s characteristically wild swings in August, buckle up: September could be even bumpier. Over the past 50 years, September has been the worst month for stocks, posting an average decline of […]
August 13, 2019
Via: ABC NewsThe United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether in a move that triggered a rally on Wall Street. The Office of the U.S. Trade […]
May 10, 2019
Via: The New York TimesStocks edged lower again on Wall Street, sending the S&P 500 down for its fifth consecutive day, as the Trump administration imposed fresh tariffs, escalating the trade war with China. The benchmark American stock market index fell, led by declines […]
April 3, 2019
Via: CNBCU.S. stock futures climbed Wednesday on optimism over U.S.-China trade talks. As of 02:45 a.m. ET, Dow futures were 100 points higher, indicating a positive open of 67 points. S&P 500 and Nasdaq futures also rose. American and Chinese officials […]
March 4, 2019
Via: ABC NewsMost global stocks rose Monday after news reports said Washington and Beijing are close to an agreement to end their costly tariff war. Benchmarks in London, Frankfurt, Shanghai and Tokyo advanced after Bloomberg News and The Wall Street Journal, citing […]
February 8, 2019
Via: The New York Times(Reuters) – Technology shares pulled Wall Street lower on Friday, as skepticism over the United States and China reaching a trade deal before a looming deadline added to investor nerves over slowing global growth. Another round of talks is set […]
August 24, 2018
Via: CNBCU.S. tariffs on Chinese imports will simply mean that American consumers have to pay higher prices for products down the road, an industry association leader said on Friday. “We’re having some serious problems with this tariffs situation,” said Rick Helfenbein, […]
August 8, 2018
Via: FortuneThe Trump administration just announced tariffs on another $16 billion in Chinese imports to the U.S. This latest round makes good on the president’s promise in June to impose a 25% tariff on $50 billion in Chinese goods. An earlier […]
August 1, 2018
Via: ABC NewsWorld shares were mixed Wednesday on uncertainties over trade, as news the U.S. and China may be working to reopen trade talks was overshadowed by talk of plans for even higher tariffs on Chinese imports. KEEPING SCORE: Britain’s FTSE 100 […]