Trade War

Reuters The University of Michigan's consumer sentiment index posted its largest monthly decline since 2012 Friday, coming in well under a preliminary reading from earlier in the month.  The gauge of Americans' expectations for the economy fell to 89.3 in …

President Donald Trump on Friday appeared to accuse companies of falsely claiming that they've been hurt by his escalating trade war with China, instead saying they're mismanaging their businesses. If the Fed would cut, we would have one of the biggest Stock…

August 30, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. The major stock indexes were down more than two percent last Friday after President Trump threatened to increase tariffs again on Chinese goods, but rallied yesterda…

Claim: President Trump says three million jobs have been lost in China as a consequence of the trade war with the United States. Verdict: While estimates for China's employment vary widely, they do not generally support Mr Trump's claim. When asked, the Whi…

Top players in the American footwear industry want U.S. President Donald Trump to step back from new tariffs on Chinese goods, saying it could cost consumers billions. Nike, Adidas, Converse, Crocs and Fila are among more than 200 U.S. shoe companies that ha…

(Reuters) - Several U.S. retailers, footwear companies and business groups have warned that the long-drawn Sino-U.S. trade war would jack up consumer prices and trigger job losses. The following are the latest comments from retailers on the tariffs after th…

HONG KONG/SINGAPORE (Reuters) - Three months of anti-government protests have thrown Hong Kong into its deepest crisis in decades, pounding the financial hub’s economy and stock market and adding to its Sino-U.S. trade war woes. The Hong Kong dollar HKD=D3 …

Image copyrightGetty Images Rising fears about the health of the global economy have prompted talk of recession, spreading anxiety about jobs and growth. The US-China trade war is casting a shadow over the world economy and warning signs of a looming downtu…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.

Xi seems to be saying that he cantwrite into Chinese law the market-opening, verification and transparency regulations that Trump demands even though they would enhance Chinas own needed economic reform process because Xi would appear to be conceding to the d…