Trade War

President Trump announced on Monday that he's imposing new steel aluminum tariffs on Brazil and Argentina. It's a stunning move that opens new fronts and widening his global trade war into two of the largest economies in South America.  In a tweet, Trump bla…

However, Micklethwait noted that Bloomberg News would continue to investigate the Trump administration. Just in: Extraordinary statement from Bloomberg News Editor-In-Chief John Micklethwait about Bloombergs coverage plans of Mike Bloombergs candidacy: Bloom…

South Korea didn't buy any beer from Japan last month

CFIUS' Role in U.S-China Trade War

China-based technology company ByteDance is on a charm offensive, reports Reuters, ramping up efforts to distance its popular social app TikTok from the rest of its Chinese operations.The PR moves coincide with a U.S. national security panel inquiry into the …

WASHINGTON, (Reuters) - The number of Americans filing applications for unemployment benefits fell last week, but the underlying trend suggested some softening in labor market conditions. Initial claims for state unemployment benefits declined 15,000 to a s…

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WASHINGTON (Reuters) - When the Trump administration imposed tariffs on Chinese imports last year, officials insisted China would pay the cost - implying Chinese firms would have to cut their prices to absorb import “taxes” of up to 25% when the goods hit U.S…

By Howard Schneider WASHINGTON, Nov 25 (Reuters) - When the Trump administration imposed tariffs on Chinese imports last year, officials insisted China would pay the cost - implying Chinese firms would have to cut their prices to absorb import "taxes" of up …

President Trump will tell you China is "dying to make a deal" with the US. He will tell you that Beijing is tired of paying tariffs to the US (Americans actually pay them). He will tell you that China's supply chains are breaking, and that its economy is on t…