Beijing’s pledges to open up its economy fall well short of Trump’s demands on alleged forced transfers of technology and theft of intellectual property, analysts say.
tariffs
Posted inBusiness, Nation & World
Apple’s first-quarter revenue falling short as sales in China fail to meet expectations
The announcement of a rare misfire by the major U.S. company is likely to rattle investors and add further volatility to the stock markets.
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Posted inOp-eds, Opinion
Marc A. Thiessen: China goes toe-to-toe with Trump on trade – and trips
President Xi bet that tariffs targeting American voters in the heartland would turn them against the president, but they have stuck by him.
Posted inBusiness, Nation & World, News, Politics
Arrest of Huawei executive could sink U.S.-China trade talks
Analysts say Meng Wanzhou’s arrest at the request of the United States is politically motivated and ‘could get ugly very quickly.’
Posted inBusiness, Nation & World, News, Politics
Chinese tech executive’s arrest sends stocks tumbling; Federal Reserve reports lift them back up
The Wall Street Journal reported Thursday that the Fed may break from its current approach of steady rate hikes.
Posted inBusiness, Nation & World, Politics
Markets plummet as claims of China trade deal fizzle
Two days after President Trump announces an ‘incredible’ deal with Chinese President Xi Jinping, the nations offer widely different accounts of what transpired at the G-20 summit, and U.S. markets sink 3 percent.
Posted inBusiness, Nation & World
Trump hints he might decide to impose tariffs on car imports
He says that would give U.S. automakers more business and GM would not have to close plants.
Posted inBusiness, Nation & World
EU devising list of retaliatory U.S. tariffs, trade chief says
The group plans new levies on American products if President Trump imposes tariffs on European auto imports.
Posted inBusiness, Nation & World
China-owned pork producer eligible for U.S. funds paid to farm businesses hurt by Trump trade war
That means a measure to reduce the impact of China’s retaliatory tariffs on American farmers could be used to obtain federal money that ends up in Chinese hands.
Posted inBusiness, Local & State, News
Tariffs on exports to China continue to hobble Maine lobster dealers
In August, Maine and Massachusetts companies made 83 percent fewer sales to their second-largest export market than they did in June – before the tariffs took effect.