Trade War

Business Wall Street's main indexes were lower in choppy trading on Thursday, as renewed worries about Sino-U.S. trade relations added to fears of an extended economic downturn due to the virus outbreak. FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during…

WASHINGTON (Reuters) - President Donald Trump threatened on Thursday to impose new taxes on American companies that produce goods outside the United States, another move his administration could make to push supply chains away from China and raise new trade barriers. FILE PHOTO: U.S. President Donald Trump and China's President…

Clockwise from left: Sea of Legends, The Hobbit: An Unexpected Party, Headbanz on the front lines, and Battle of the Boy Bands.Image: Guildhall Studios, Weta Workshop, Game and a Curry, Photo: Spin MasterWelcome back to Gaming Shelf, io9's column all about board games and tabletop roleplaying games. There are a…

Large Chunks of a Chinese Rocket Missed NYC By About 15 Minutes (arstechnica.com) Posted by BeauHD on Tuesday May 12, 2020 @06:02PM from the disaster-averted dept. An anonymous reader quotes a report from Ars Technica: A week ago, China launched the newest version of its largest rocket, the Long March…

Illustration picture showing U.S. dollar and China's yuan banknotesBEIJING (Reuters) - China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States.China's finance…

BEIJING (Reuters) - Hawkish voices have emerged in China seeking a reevaluation of its Phase 1 trade deal with the United States, with some advisers urging fresh talks, a state-controlled tabloid said, citing sources close to the Chinese government. FILE PHOTO: The flags of China, U.S. and the Chinese Communist…

Apple has shifted about 30% of its AirPod production to Vietnam as it looks to diversify given trade wars and pandemics. Apple (NASDAQ:AAPL) is beginning to shift some of its AirPods production to Vietnam and out of China, according to a recent report.  Citing unnamed sources, the Nikkei Asian Review…

The two countries said on Friday — Thursday night, Washington time — that their top trade and financial officials had held talks via conference call, their first since the coronavirus pandemic ballooned in late January. Although President Trump had suggested this week that the White House would take a skeptical…

Here's What You Need To Remember: Trump has pushed companies to scatter their factories around the world, furthering the deindustrialization of China. The process looks irreversible, and so America will win the trade war. On Sunday, the Communist Party’s most important journal expounded on Sino-U.S. relations in advance of the anticipated…

Mumbai: The rupee depreciated 9 paise to close at 75.72 against the US dollar on Wednesday, following a strong American currency overseas and fears of a renewed trade war between the US and China. Forex traders said the weakness in the rupee was largely due to the strengthening of the…