Trade War Hinders Global Trade in April
Global trade stumbled in April as the tariff war between the United States and China showed few signs of ending, figures released June 25 showed.
Port Officials Look to Keep Giant Cranes off Trump Administration Tariff List
As America’s ports handle larger amounts of cargo from bigger container ships, the ports are in a building boom. But the cost of expanding could get more expensive if a Trump administration plan to impose 25% tariffs on ship-to-shore cranes manufactured only in China are implemented.
China Says US, China Trade Teams in Contact Ahead of G-20
BEIJING — Chinese and U.S. trade negotiators are discussing ways to resolve disputes ahead of a meeting between Presidents Donald Trump and Xi Jinping at the G-20 summit in Japan later this week, a Chinese official said June 24.
China Asks for US Soy Shipment Delay, Citing Lack of Storage
Chinese state soybean buyers asked U.S. exporters to delay cargoes scheduled for July loading into August, citing limited availability of storage capacity, according to people with knowledge of the situation.
June 14, 2019China Sets Sights on Hydrogen Fuel Cell Market
His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry, cementing a move from the combustion engine. Now, Wan Gang says get ready for the next game-changing moment.
June 13, 2019Chinese Imports Drop as Growing Tensions With US Cloud Trade
China’s imports tumbled in May and a surprise rise in exports wasn’t enough to dispel concerns that the economic dispute with the U.S. will intensify and damage the global economy.
June 10, 2019GM Won’t Get Tariff Relief for Chinese-Built Buick Envision
The largest U.S. automaker can’t get a pass on tariffs snagging one of its models. The Trump administration refused to grant General Motors Co. an exclusion for its Chinese-built Buick Envision SUV, keeping in place a 25% duty on the import.
US, China Exchange Barbs as Trade Rift Widens Ahead of G-20
The U.S. and China exchanged barbs over which nation wrecked trade negotiations, deepening divisions that have laid bare a breakdown in trust between the world’s two largest economies.
June 4, 2019Factories Feel Trade War Pain as Wall Street Sees Recession Risk
The latest signs of factory weakness — in countries including South Korea, Germany and Japan — underscore the growing threat to the world economy posed by the escalating U.S.-China trade war. The reports came amid a fresh warning from Wall Street about recession risks.
FedEx Shares Slide as China Opens Probe Over Huawei Deliveries
FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.