Tag: U.S.-CHINA TRADE WAR

August 10, 2020

What a difference two months can make. In May, Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest chipmaker, lost the business of Huawei Technologies—its biggest Chinese customer and the source of 13% of its revenue—as a casualty of geopolitical jockeying […]

December 26, 2019

President Donald Trump’s stock market stacks up well against the majority of his presidential predecessors. The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into […]

December 23, 2019

China cut import tariffs on a wide range of goods including food, consumer items and parts for manufacturing smart-phones, continuing Beijing’s drive to lower trade barriers and spur domestic demand. The Ministry of Finance on Monday published a list of […]

December 20, 2019

U.S. stocks just keep on climbing. The three major benchmark indexes all closed at fresh record highs on Thursday despite President Donald Trump’s historic impeachment. The U.S.-China trade war truce and recent positive economic data have buoyed investors toward the […]

November 26, 2019

Global shares were mixed Tuesday after China said its top trade envoy and other senior officials spoke by phone with U.S. negotiators. The lackluster session followed a rally of technology shares on Wall Street prompted by China’s new guidelines for […]

September 25, 2019

The threat of impeachment is back, and this time investors appear to be paying at least some attention. “It felt like politics really wasn’t moving markets too much until today,” Art Hogan, chief market strategist for National, told MarketWatch during […]

August 29, 2019

China indicated that it wouldn’t immediately retaliate against the latest U.S. tariff increase announced by President Donald Trump last week, emphasizing the need to discuss ways to deescalate the trade war between the world’s two largest economies. “China has ample […]

June 11, 2019

Apple Inc. has a backup plan if the U.S.-China trade war gets out of hand. The Cupertino, Calif.-based company’s primary manufacturing partner has enough capacity to make all iPhones bound for the U.S. outside of China if necessary, according to […]

July 11, 2018

Less than a week into the trade war with China, President Trump is already thinking about levying more tariffs against goods imported from that nation to the U.S. The White House said it was considering additional tariffs of 10% on […]

June 15, 2018

President Donald Trump has approved tariffs on Chinese goods worth about $50 billion, said a person familiar with the decision, ratcheting up a confrontation on trade with Beijing and triggering losses in the domestic stock market. The Trump administration is […]