Trade wars are good, and easy to win. So President Donald Trump said last year as he embarked on his first round of tariffs on foreign imports. It seems that things have proven so good and easy that he’s readying for another bout. Trump is prepared to increase a 10 per cent levy on $200 billion of imports from China
President Donald Trump’s decision to allow US companies to continue selling to Huawei followed an extensive lobbying campaign by the US semiconductor industry that argued the ban could hurt America’s economic and national security. In multiple high-level meetings and a letter to the Commerce
The slapping of new tariffs on China by US President Donald Trump has intensified the trade war between the world’s top two economies and the repercussions will surely be felt across the globe. It is unfortunate that the trade war has entered a new phase of turbulence at a time when the global growth
European stocks posted their biggest drop of 2019 on Friday and bond yields tumbled to record lows after US President Donald Trump fired another trade war salvo at China, sparking a frenzied dash for safe-haven assets.
The president's tone was in marked contrast to the steady hardening of positions in the number one and two economies.
While talking to reporters on the White House lawn on Wednesday about his plans for prosecuting a trade war with China, the president of the United States looked up briefly toward the heavens.
It is unusual for a country to wage war on a company, which makes the ongoing United States-Huawei dispute so strange and disconcerting. The Trump administration has prohibited US firms from doing business with the Chinese tech behemoth and is trying to convince other countries to ban Huawei equipment from their
When President Donald Trump and Chinese President Xi Jinping meet in Japan later this week to discuss their nations’ worsening conflict over trade and commercial relations, the course of the global economy may depend on which Donald Trump shows up. Trump has veered for months from threatening to bring down the
President Donald Trump has called out China for unfairly subsidising its state-owned enterprises, not enforcing intellectual property protections, placing trade restrictions on US firms, and pressuring them to hand over technology in exchange for market access. If these problems are eliminated, more US companies
Shortly before igniting a new round in his trade war with China, President Donald Trump last week accused Beijing of trying to stall talks until after the 2020 election in hopes of negotiating a better deal with a Democrat in the White House. But Trump has strong incentives to drag out the fight: Behind a relatively strong