'Protectionist bullying': China denounces Trump administration's latest tariff hikes

Washington PostThe Chinese Commerce Ministry issued a stern statement Saturday saying that it “firmly opposes” the Trump administration's decision to increase tariffs on $550 billion worth of Chinese imports, calling it “protectionist bullying.” The latest development in the ...

August 25th 2019


Trump cited this law to order US companies out of China. It isn't that simple

QuartzGrab your gavel. The case is closed. Or so said Donald Trump in a tweet last night, ahead of today's G7 summit in France, explaining what gives him power to order US companies to “start looking for an alternative to China,” as he did yesterday in an earlier ...

August 24th 2019


Trump Ordered US Companies to Leave China. Is That Possible?

The New York TimesOn top of that is the question of whether severing American businesses from China is at all feasible. In the short term, it's not. American business is deeply intertwined with China, and untangling it would be messy and potentially destructive for the global ...

August 24th 2019


Trump “ordered” US companies out of China. Despite claiming otherwise, he can't do that.

VoxIn a late-night tweet on Friday, President Donald Trump defended a series of tweets from in which he “ordered” US companies to leave China and to manufacture their products in the US instead. Experts pointed out that no US president can order companies ...

August 24th 2019


'China is not paying for it': Trump tariff hike hits everyone from beer brewers to book publishers

CNBCTheir industries are diverse, but they all have something in common: They represent American small and medium-sized businesses that rely on China either for production or essential equipment. And they are dreading President Donald Trump's latest round ...

August 24th 2019


Trump Asserts He Can Force US Companies to Leave China

The New York TimesBIARRITZ, France — President Trump asserted on Saturday that he has the authority to make good on his threat to force all American businesses to leave China, citing a national security law that has been used mainly to target terrorists, drug traffickers and ...

August 24th 2019


China releases UK's Hong Kong consulate staffer

Aljazeera.comA Chinese national working at Britain's Hong Kong consulate has been released from detention in mainland China and has returned to the city, police and his family have said. Simon Cheng, who was detained on August 8 for breaching public security ...

August 24th 2019


Trump spurs new wave of economic angst by escalating China fight

The HillTrump, in turn, announced that $250 billion in Chinese goods he had intended to tax at 25 percent starting in September would now be taxed at 30 percent starting on October 1, while another $300 billion in goods being taxed at 10 percent would attract a 15 ...

August 24th 2019


What To Do With An Untethered Trump? Twitter Wits 'Hereby Order' Sassy Suggestions.

HuffPostIt's been a wild ride these last few days with President Donald Trump. He has retweeted a post that called him the “King of Israel” and the “second coming of God” — and referred to himself as “the chosen one.” He suggested Federal Reserve Chairman ...

August 24th 2019


Dow trading higher after China blinks

CNNThe Dow (INDU) pulled back from a more than 200 point gain, fell briefly into the red, and was trading about 100 points, or 0.5% higher. The S&P 500 (SPX) was up 0.6%, compared with nearly 1% earlier. The tech-heavy Nasdaq Composite (COMP), which ...

August 6th 2019


Dow Jones Looks To Snap Extended Losing Streaks

Investor's Business DailyThe stock market ran higher early Tuesday after China stabilized its currency. The Dow Jones industrials jumped more than 150 points at the open just one day after the stock market had its worst day of 2019. Dow Jones stock Apple (AAPL) was one of the top ...

August 6th 2019


The Dow Is Bouncing Back From the Brink Because China Isn't Letting Its Currency Crumble

Barron'sSweet Relief. Stocks are recovering from Monday's fall, with Dow Jones Industrial Average and S&P 500 futures up 1% at recent check, while the Nasdaq Composite is climbing 1.2% ahead of the open. China fixed the yuan back below 7, which reassured ...

August 6th 2019


Dow Jones Futures Plunge As US Labels China 'Currency Manipulator'; Apple, AMD Extend Losses

Investor's Business DailyDow Jones futures tumbled late Monday, along with S&P 500 futures and Nasdaq futures, after the U.S. declared China a "currency manipulator" following Beijing's yuan devaluation Monday. That yuan devaluation, in response to new tariffs from President ...

August 6th 2019


The Dow Plunged 767 Points Because China Is Punching Back Against Tariffs

Barron'sDamage Made. All three major U.S. stock indexes plunged Monday as China began to push back against U.S. tariffs. The Chinese yuan fell sharply to reach its lowest level against the dollar in more than a decade, and Beijing has reportedly asked ...

August 6th 2019