Trade War

US liquor imports have fallen off the table. In the second quarter of 2020, the US brought in about $1.8 billion in liquor from abroad, down from $2.5 billion in 2019, a fall of nearly 30%. The decline has been most acute for whiskey imports, which are down by almost…

* Results broadly in line with analyst expectations* Miner to delay share buyback decision to Sept 2021* Analysts see scope for recovery as commodity prices recover* Shares fall by 1.6% (Adds chief executive, analyst comment, share price movement)MELBOURNE - Aug 20 (Reuters) - Australian miner South32 Ltd on Thursday reported…

Early this month, Secretary of State Mike Pompeo announced the “Clean Network” plan, a trade war offensive aiming to cut Chinese tech companies off from United States consumers. Before a numb and beleaguered public could wrap its head around such a plan, Trump dispatched a pair of chaotic executive orders…

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Most of our iPhones are made in China. Angela Lang/CNET Apple has several key marketing phrases that pretty much all techies know by heart, such as "Think different" and "There's an app for that." But its most ubiquitous one may soon start to change: "Designed by Apple in California. Assembled…

U.S. President Donald Trump and China's President Xi Jinping (not shown) make a joint statement at the Great Hall of the People on November 9, 2017 in Beijing, China. Trump is on a 10-day trip to Asia. Thomas Peter-Pool/Getty Images Foxconn chairman Young Liu said Trump's trade war against China…

Chinese Vice-Premier Liu He (left) and US President Donald Trump hold up signed copies of the phase one trade deal between their countries in January. Liu is expected to hold a video conference this week with the US side to discuss the deal. Photo: DPAVice-Premier Liu He is expected to…

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT). Subscribe here. They say business needs certainty to succeed, but new tech startups are still getting funded aggressively despite the pandemic, recession, trade wars and various large disasters created by…

President Trump's rhetoric on China has tended to run hotter than his actions — until now.Why it matters: Even at the height of Trump's trade war, his administration never hit China as hard, as fast, and on as many fronts as it is right now.Thursday night, Trump escalated his campaign to…

The Republican-led Senate flew home without passing a bill to renew or extend its stimulus measure, raising the prospect that millions of Americans will face more economic hardship in the weeks and months ahead. Democrats in the House of Representatives passed their own version of a second stimulus bill in…