Trade War

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…

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…

Click here for an update from The Motley Fool Co-Founders Tom and David Gardner. An industry trade group offers alternatives to benefit distillers beyond one-time cash payments. Like many of the industries lining up to ask the federal government for a bailout, the distillers trade group says failure to provide…

March 19, 2020 at 7:02 am EDT By Taegan Goddard Leave a Comment Politico: “Despite the coronavirus pandemic, unprecedented lockdowns and fears of a global economic meltdown, U.S. President Trump is still waging his tariff-hiking trade war.” “Just one day after G7 leaders — including Trump — said they remained…

Between a coronavirus pandemic and collapsing stock markets, the global economy may be in a worse situation than it was during the 2008 financial crisis, because America has all but slammed the door shut on international cooperation. And yet, without a multilateral response, the US will suffer as much as…