Xi Jinping

Chinese tech firm Huawei is planning on laying off hundreds of U.S. workers after landing on a Commerce Department blacklist that has savaged its ability to do business stateside, the Wall Street Journal reported on Sunday. The layoffs are expected to hit Fu…

President Donald Trump took aim at China on Thursday, saying that it hadn't followed through with vows to increase purchases of American agricultural products. "China is letting us down in that they have not been buying the agricultural products from our g…

China said Thursday that the thorny trade issues plaguing relations with the United States are resolvable after fractious talks between the economic giants were kickstarted by the Trump-Xi meeting in Japan. Washington and Beijing have hit each other with pun…

Treasury Secretary Steven Mnuchin has encouraged US suppliers to seek approval to resume selling equipment to blacklisted Chinese telecommunications giant Huawei, The Wall Street Journal reported on Wednesday. The US has raised concerns in recent months th…

After months of being in limbo, Huawei appears to be getting a reprieve from the Commerce Department. The good news comes, after Commerce Secretary Wilbur Ross made the proclamation, that the department will begin issuing licenses to American companies lookin…

Its been a rough few months for Huawei, but as of now, it looks like there might be some relief for the Chinese tech giant at the center of recent U.S.China trade tensions. In a speech in Washington, DC, on Tuesday, U.S. Commerce Secretary Wilbur Ross clarifi…

Tech companies have some of the highest capitalizations in the stock market. (Microsoft is worth more than $1 trillion.) Such large valuations give these tech giants significant influence over the S&P 500. Thats not to say the rally this year has not ha…

President Donald Trump told Xi Jinping that the US would mute its support for the anti-China protest movement in Hong Kong in exchange for re-opening US-China trade talks, according to a report by the Financial Times (FT). The newspaper, citing several unn…

About two months after Huawei was placed on the Commerce Departments Entity List, the Chinese telecom equipment and smartphone giant will be able to do business with American suppliers again–but only if they get a license from the U.S. government. Commerce Se…

Stocks slumped on Monday after a stellar US jobs report weighed on traders' hopes of a cut to interest rates this month. The US economy added 224,000 jobs last month, exceeding the 160,000 predicted by economists. A steady stream of weak economic data and …