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Trade War

The US is hurtling toward another trade war – but this time it isn’t with China Trade War

The US is hurtling toward another trade war – but this time it isn’t with China

French Finance Minister Bruno Le Maire attends a press conference after the weekly cabinet meeting. France’s finance minister has called the. Photo: AP PhotoThe US and the EU both want the right to tax Google, Facebook and Amazon Topic |   US-ally trade warsPublished: 4:43am, 19 Jun, 2020Updated: 8:08pm, 19 Jun, 2020Read…
bubmag
June 18, 2020
Taiwanese court fines Taiwanese chipmaker UMC $3.4M after finding three of its engineers stole trade secrets from US chipmaker Micron for China-backed company (Debby Wu/Bloomberg) Trade War

Taiwanese court fines Taiwanese chipmaker UMC $3.4M after finding three of its engineers stole trade secrets from US chipmaker Micron for China-backed company (Debby Wu/Bloomberg)

June 12, 2020, 11:05 PM Top News More: Zoom Blog, The Verge, Engadget, Gizmodo, CyberScoop, Reuters, TechCrunch, Quartz, Techdirt, Digital Trends, Reclaim The Net, Axios, and Fortune Tweets: @benthompson, @zoom_us, @bethanyallenebr, @kurt_loder, @williamyang120, @counternotions, @repmichaelwaltz, @andreaslandwehr, @sarahleah1, @senrickscott, @pelstrom, @tomgrundy, @tombschrader, @kenroth, @mishichoudhary, @zackwhittaker, @rover829, @jane_li911, @janiswong_, @jmulich, and @rosenbergerlm More:…
bubmag
June 13, 2020
Retail sales will drop 5.7% this year because of the pandemic Trade War

Retail sales will drop 5.7% this year because of the pandemic

This story was delivered to Insider Intelligence eMarketer Briefing subscribers earlier this morning.IInsider Intelligence analyzes this industry and several others to provide in-depth analyst reports, proprietary forecasts, customizable charts, and more. Learn more about what we offer.Retail sales worldwide will total $23.36 trillion this year, a 5.7% drop from last…
bubmag
June 11, 2020
Tech-heavy Nasdaq 100 becomes first major US stock index to reach record highs after coronavirus plunge Trade War

Tech-heavy Nasdaq 100 becomes first major US stock index to reach record highs after coronavirus plunge

REUTERS/Eric Thayer The Nasdaq 100 index set a new intraday record on Thursday, becoming the first major US stock index to fully erase losses from the coronavirus sell-off. The index peaked at 9,741.97 at 10:32 a.m. ET before sliding alongside peer indexes as the session's run-up froze. eBay's 9.8% rally…
bubmag
June 4, 2020
Timeline: China’s post-Tiananmen re-emergence onto the world Trade War

Timeline: China’s post-Tiananmen re-emergence onto the world

BEIJING (Reuters) - Thursday marks the anniversary of when China bloodily suppressed pro-democracy demonstrations in and around central Beijing’s Tiananmen Square, when Chinese troops opened fire on their own people. Here are some landmark dates following the 1989 demonstrations: 1990: China’s economic growth sinks to 3.9% due to international sanctions…
bubmag
June 4, 2020
First the trade war, then the pandemic. Now Chinese manufacturers are turning inward. Trade War

First the trade war, then the pandemic. Now Chinese manufacturers are turning inward.

Ask Zhu Kaiyu about his factory, and he can rattle off a series of statistics meant to impress: 15,000 square meters, 800 employees, 300 machines, 5 million articles of clothing sold per year. Zhu opened his factory for knitted apparel in Dongguan, in China’s Guangdong province, in 2002. He’s proud…
bubmag
June 3, 2020