Trade War

Two-thirds of Americans now view China unfavorably, up from 47% two years ago, according to data from Pew that suggests the increasingly adversarial approach from Washington is spreading throughout the country.The big picture: Americans have tended to view China negatively since 2013, but that sentiment has grown dramatically over the…

Casey and Adam Donner each own a small business in Lincoln, Neb. She is a make-up artist, helping brides get camera-ready on their big day. Her husband employs 30 people at his construction firm. Both businesses were churning along when the novel coronavirus crashed on U.S. soil, bringing much of…

New research from Gartner suggests that worldwide semiconductor revenue fell by 12% in 2019 compared to 2018, totalling $419.1 billion. The decline was helped by an oversupply in DRAM and the U.S.-China trade war distorted sales throughout the year creating “additional headwind to revenue growth”. Turmoil in the market also…

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Rural America had already been facing a slogging economy during President Donald Trump’s trade war and just as the war was ending, the coronavirus pandemic came to American shores. Kenneth Johnson, a senior demographer at the Carsey School, looked into the demographics of the age and death rate within each…

The high-level executive was appointed to help the Chinese tech giant "navigate industry challenges and deliver fast, reliable internet connections to millions of households across the UK", a Huawei spokesperson said in a statement seen by Sputnik.Huawei Technologies has appointed Sir Michael Rake, former president of the Confederation of British…

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WASHINGTON (AP) — By the time President Donald Trump first spoke publicly about the coronavirus, it may already have been too late. Interviewed at Davos, a gathering of global elites in the Swiss Alps, the president on Jan. 22 played down the threat posed by the respiratory virus from China,…

Business U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two lower-priced Model 3 variants built at its Shanghai plant, meaning all Model 3 sedans sold in the country are now locally made and not subject to import tax. Tesla China-made Model 3 vehicles…

Recessions characterized by a sharp deceleration in economic growth are often followed by a sharp acceleration. Hence, the origin of the nomenclature a “V-shaped recovery.”Given the sudden, severe and exogenous nature of the current downturn, the onset of which will likely be dated to March 2020, economists were initially expecting…