Trade War

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…

The US wants to ink a trade deal with China by the end of 2019, but can't overlook violence in Hong Kong, the head of the National Security Agency has said. "We were hoping to have deal done by the end of the year. I still think that's possible," Robert…

Here is what you need to know.  1. Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal. Some SoftBank executives have said the WeWork cofounder and former CEO's leaving package is too generous, Bloom…

The OECD on Thursday released a warning to the global economy — GDP growth is going to drop, and it's up to governments to stop fighting to fix it. In a statement, the OECD said that world GDP growth this year is expected to fall to 2.9%, "it…