Trade War

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. …

As America was hit by one popped “bubble” after another, we were frequently told that the Chinese bubble would burst any day now. It still hasn’t burst. Then we were told that the trade war would hurt China more than the US. The opposite appears to have been the case:…

Written by Pratik Kanjilal | Published: March 21, 2020 10:33:59 am US President Donald Trump takes questions during the coronavirus response daily briefing at the White House in Washington, U.S., March 20, 2020. REUTERSContrary to received wisdom, in times of distress, the mind does not turn to higher things. The…

By David LawderWASHINGTON (Reuters) - The Trump administration on Friday said it was soliciting public comments on lifting additional tariffs on Chinese imports that could help the United States battle the coronavirus pandemic, showing some flexibility in its trade war against Beijing.The U.S. Trade Representative's (USTR) office said it would…