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Tag: Chinese imports


Finance Tech, News, Trading

The U.S. has nailed Chinese companies this year. Why hasn’t Beijing retaliated?

September 17, 2020

Via: Fortune

Huawei 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 […]


Finance Tech, Trading

Trump’s prolonged assault of WTO means its ruling against Chinese tariffs is essentially moot

September 16, 2020

Via: Fortune

On 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 […]


News

China waiving tariff hikes on US soybeans, pork

December 6, 2019

Via: ABC News

China 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 […]


Finance Tech, Trading

China says US soybeans, pork to be exempt from tariff hikes

September 13, 2019

Via: ABC News

A 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, […]


Finance Tech, Trading

Good riddance to August but September could be just as bumpy for stocks, history shows

September 3, 2019

Via: USA TODAY

If 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 […]


News

US delays tariffs on some Chinese goods, drops others

August 13, 2019

Via: ABC News

The 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 […]


Finance Tech, Trading

U.S.-China Trade War Worsens, but Global Markets Find a Footing

May 10, 2019

Via: The New York Times

Stocks 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 […]


Finance Tech, Trading

Stocks set to rise on hopes the US and China are close to a trade deal

April 3, 2019

Via: CNBC

U.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 […]


Finance Tech, Trading

Global stocks rise on reports US, China close to trade deal

March 4, 2019

Via: ABC News

Most 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 […]


Finance Tech, Trading

Wall Street Falls as Trade Worries Persist

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 […]


Finance Tech, Trading

US industry leader on tariffs: ‘Prices will go up, sales will go down, jobs will be lost’

August 24, 2018

Via: CNBC

U.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, […]


News

The Trump Administration Just Announced Tariffs on $16 Billion in Chinese Imports. Here’s What’s New

August 8, 2018

Via: Fortune

The 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 […]


Finance Tech, Trading

World shares mixed on fears of higher US tariffs on China

August 1, 2018

Via: ABC News

World 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 […]