Trade War

The world's largest telecoms equipment provider released figures from sales revenues across numerous divisions on Tuesday, with high-level executives weighing in on the company's performance amid US trade restrictions and the ongoing Coronavirus pandemic.Huawei Technologies reported "solid business performance" in its 2019 Annual Report, with revenues increasing 19.1 percent year-on-year…

These are crazy times, I get it. Two weeks ago today, I moved my wife and two young boys from our two-bedroom apartment in Brooklyn, New York, to my mom’s house in Cambridge, Massachusetts. Every day has been a blur of HousingWire, homeschooling two boys and sharing space with five…

Coronavirus Updates Unlivable Wage Documentary Social Distancing Guidelines Remembering Maria Mercader Coronavirus Relief Package New York ICUs Stimulus Checks News US World Politics Entertainment Health MoneyWatch Technology Science Crime Sports Brené Brown: The "60 Minutes" Interview The disturbing history of tipping: "It's literally a slave wage" Hanukkah stabbings victim dies…

Peter Navarro, director of the National Trade Council, from left, Steven Mnuchin, U.S. Treasury ... secretary, Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, and Alex Azar, secretary of Health and Human Services (HHS), listen during a news conference in Washington, D.C., U.S., on Monday, March…

Business17:45 GMT 27.03.2020(updated 17:57 GMT 27.03.2020) Get short URL71114West Australian authorities were forced to axe a lucrative mobile network deal with Huawei, citing US trade restrictions, it was revealed on Friday. The news comes after the Chinese telecoms giant had committed to building 80 mobile towers across Perth's railway networks.The…

In China, the economic fallout of the COVID-19 outbreak will drag on 2020 gross domestic product (GDP) growth as the country endures the twin hits of the early-year domestic slowdown and the as-yet-unknown drop in overseas demand in key markets. But the country’s high debt levels — partly fueled by…

Huawei is expected to announce it’s flagship phones for 2020 tomorrow. The Huawei P40 and P40 Pro will be replacing the current flagships from the company and will be hitting the markets soon.The event was planned to take place in Paris tomorrow but was cancelled due to the coronavirus outbreak.…

Chinese and U.S. flags flutter near The Bund in ShanghaiBy Chen AizhuSINGAPORE (Reuters) - China has begun buying U.S. liquefied petroleum gas (LPG) again after a hiatus of nearly 20 months as Beijing waived punitive tariffs to boost imports of U.S. goods as part of the Sino-U.S. Phase 1 trade…

Novel coronavirus (Covid-19) is reshaping the global order at a clip faster than anyone anticipated. It is also creating upheavals that may deal the final blow to unfettered globalization. The implications of this pandemic will long outlive the virus wreaking havoc in the world. We are witnessing an epochal moment…

Click here for The Motley Fool's resources on Coronavirus and the market. Apple won't have to pay a 7.5% duty on the devices imported from China. Apple (NASDAQ:AAPL) has received a waiver from the U.S. Trade Representative excluding its smartwatch from tariffs imposed on Chinese exports to the United States. …