Trade War

The US economy is about one month away from recording its longest expansion ever, even as other developed nations fight off recessions. Its unique standing has not escaped Alain Bokobza, the head of global asset allocation and equity strategy at Societe Ge…

Reuters Oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.   Thursday's attacks on two oil tankers raise the prospect of a US-Iran military showdown, experts warn.  Broadcom shares are trading down 8.7…

Two white steel pulleys, part of a $16 million ride going up in eastern China's newest military-themed amusement park, Sun Tzu Cultural Park. They'll be shipped to the Qingdao port southeast of Beijing, where customers will have to pay a newly imposed tariff.…

China's economy showed further signs of weakness last month, with industrial output posting its slowest growth in 17 years, placing further pressure on the government as it tries to steady the ship while battling a trade war with the US. Authorities have for…

China’s much-anticipated Science and Technology Innovation board officially launched in Shanghai today, marking Beijing’s major step in drawing high-potential tech companies to list at home. The new Star Market, first announced by President Xi Jinping in Nov…

The price of oil surged on Thursday after a suspected attack on two tankers in the Gulf of Oman. One of the vessels, Front Altair, was "suspected of being hit by a torpedo," according to the Associated Press, citing Taiwan's state oil refiner CPC Corp, whi…

News Agency Of The (IRIB) Islamic Republic of Iran Broadcasting (iribnews) The price of oil surged on Thursday after a suspected torpedo attack on two tankers in the Gulf of Oman. West Texas Intermediate crude jumped 3%, while Brent crude jumped 3.8%. Oil …

Chinese tech giant Huawei has cancelled the planned launch of a new MateBook laptop at the CES Asia 2019 trade show in Shanghai this week due to sweeping U.S. sanctions against the company, Ars Technica reported on Wednesday. News of the cancellation first c…

Last month, the US increased import tariffs on certain Chinese goods from 10 percent to 25 percent. If the tariff hike goes through, items like motherboards, smartphones, video game consoles and computers could be subject to the 25 percent tax. At that rate, …

As the U.S.-Chine trade war continues, so does the threat of further tariffs being imposed by President Trump. They could potentially cut deeply into the profit margins of the iPhone, but according to Foxconn, Apple has nothing to worry about. As Bloomberg r…