Foreign direct investment in U.S. businesses and factories plunged in 2017 and is falling this year.
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Posted inBusiness, Nation & World
China asks World Trade Organization to step in after latest U.S. tariff threat
Beijing looks for outside help on trade because it’s ‘unable to fight equally.’
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Posted inBusiness, Nation & World
China to American companies: Lobby Trump to back off on higher tariffs
The unusual effort to stoke domestic opposition comes as trade talks remain stalled and as a union warns the dispute may cause layoffs at a Hyundai plant in Alabama.
Posted inBusiness, Nation & World, Politics
As tariff clashes begin, Federal Reserve sees signs of early damage
The U.S. and China are set to add taxes to imported goods in an unprecedented commerce battle that could rattle markets, cripple trade and sour relations.
Posted inNation & World
Trump’s trade war with China is here – and it will be ugly
President Trump’s first tariffs will hit $34 billion in Chinese imports Friday.
Posted inBusiness, Nation & World
Face-scanning technologies turn businesses’ attention to moral questions
The all-seeing devices have many valuable uses, but some companies are uneasy about selling them for doing such tasks as military activity, spying on citizens or lie detection.
Posted inBusiness, Nation & World
Consumer boycotts of U.S. brands in China could backfire
If President Xi uses them as a trade war weapon, he would be risking collateral damage at home because so many companies are partly owned by Chinese firms.
Posted inNation & World
Panda conservation boosts economy, study suggests
A report published in the journal Current Biology highlights the economic benefits that go hand in hand with conservation of the panda’s habitat.
Posted inEditorials, Opinion
Our View: ‘America first’ trade policy hurts Maine fishermen first
A tit-for-tat conflict with China could result in shrinking the world market for Maine lobster.
Posted inBusiness, Nation & World
EU prepares to slap tariffs on American products
And the highest-stakes fight still looms if the conflict beween the U.S. and China escalates.