Year-old Xinhua alert spreads proclaiming U.S.-China trade row ceasefire

BEIJING (Reuters) – China’s official Xinhua news agency condemned the spreading of “false news” on Monday after some websites published a year-old alert announcing a ceasefire in the Sino-U.S. trade dispute. The one-line item, originally published on May 20, 2018, gave no details but U.S. Treasury Secretary Steven Mnuchin said that day the trade war with China was “on hold” […]

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U.S. tariffs against Airbus would harm Delta: airline official

WASHINGTON (Reuters) – U.S. imposition of tariffs against the European Union over aircraft subsidies would cause “serious harm” to Delta Air Lines since the U.S. carrier is already under contract to buy several billion dollars worth of Airbus aircraft, a senior airline official said on Wednesday. Delta Associate General Counsel Scott McClain told a hearing that the airline was contractually […]

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China voices strength, pushes nationalism around trade war

What do tilapia, Jane Austen and Chinese revolutionary poster art have in common? Interested in China? All have been used to rally public support around China’s position in its trade dispute with the U.S., as the ruling Communist Party takes a more aggressive approach — projecting stability and stirring up nationalistic sentiment in the process. “If you want to negotiate, […]

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Trump ratchets up tariff threat after talks show no progress

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China, underscoring a lack of progress by U.S. and Chinese negotiators in talks aimed at ending an escalating trade war. Trump’s move would subject about $300 billion worth of Chinese imports to punitive tariffs, U.S. […]

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China-US speed trade talks 'went fairly well'

John Negroponte on China’s best options in US trade talks Former U.S. Ambassador to the U.N. John Negroponte on U.S. trade talks with China and tensions with North Korea. Chinese Vice Premier Liu He said trade talks between China and the U.S., which lasted for two hours on Friday, “went fairly well” and that “talks would continue.” Continue Reading Below U.S. stocks curbed […]

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US stocks fall as trade tensions with China rise

Anthony Scaramucci: Stock market may experience heavy volatility over the next 3 months Skybridge Capital founder Anthony Scaramucci discusses how the U.S.-China trade dispute is affecting the stock market. U.S. stocks fell Friday after President Trump sharply increased tariffs on Chinese goods and Beijing vowed retaliation. Continue Reading Below Trump hiked tariffs on $200 billion worth of Chinese exports to 25 […]

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