Trade War

Prakarsh GagdaniWith the US president talking about new tariffs on Beijing in the wake of the pandemic, another range of speculations has been ignited swirling up discussions over what could be the impact of the potential move over the various markets.From the very beginning of the spread of the pandemic…

NZD/USD drops on renewed trade concerns and risk-off tone in stocks.  The Kiwi trades near the 5-day average support, having printed a high of 0.6126 early Friday. The New Zealand dollar is on the offer on Friday with renewed fears of a trade war weighing over the risk sentiment.  The…

Image copyright Reuters US President Donald Trump has said China "will do anything they can" to make him lose his re-election bid, stepping up his criticism of Beijing amid the coronavirus pandemic.In a White House interview with Reuters news agency, he said Beijing faced a "lot" of possible consequences from…

US tech giants seeking to expand test production in Taiwan Aaron Lee, Taipei; Willis Ke, DIGITIMES Wednesday 29 April 2020 US tech giants including Apple, Facebook and Google reportedly are mulling expanding test production of new products in Taiwan, whose advantages in the IT manufacturing sector have been highlighted by US-China…

By Rich Woods Senior Editor for North America Neowin @@TheRichWoods · Apr 28, 2020 16:20 EDT · Hot! According to a new leak from WinFuture, Huawei is set to refresh its P Smart handset. The device itself isn't particularly exciting, sitting quietly in the lower end of the mid-tier. What's…

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A record year of sales is set to sharply reverse course, at least for the moment. The last year has been rough going for Xilinx (NASDAQ:XLNX). The field programmable gate array (FPGA) leader first started to show signs its growth run was coming to an end during the U.S.-China trade…

U.S. president Donald Trump's power struggle with China was perhaps the defining feature of his presidency, until the coronavirus COVID-19 pandemic struck. The pandemic—and subsequent lockdowns—crashed global markets and pushed investors around the world toward the safety of the almighty dollar. But the U.S. dollar's days as the world's reserve…

How severely can countries really punish China when many of them need Beijing for the most crucial of things—medical supplies? Yasmeen SerhanKathy Gilsinan 11:12 AM ET TR / AFP / Getty“Hold China accountable,” urges a fundraising appeal from U.S. President Donald Trump. U.K. Foreign Secretary Dominic Raab vowed to ask…

When Covid-19 shut down much of China through February, the crisis highlighted how dependent international companies truly are on Chinese manufacturing.In short order, international firms making products from clothes to consumer electronics were paralyzed as work froze at Chinese factories assembling their goods or producing essential components. The reliance on…