Coronavirus outbreak in China spurs supply chain shifts that began during trade war

The China’s Council for the Promotion of International Trade have issued 1,615 force majeure slips to help companies avoid penalties for not being able to meet contractual obligations amid the COVID-19 outbreak. Health and Science U.S.HEALTHCARE UPDATE: SPECIAL NEWS UPDATE: … Read more…

U.S. charges China’s Huawei with racketeering and conspiracy to steal U.S. trade secrets in new indictment

Adding to charges already made against the company, the indictment accuses Huawei of violating the Racketeer Influenced and Corrupt Organizations Act by, among other actions, offering employees bonuses for obtaining confidential information from competitors. Business BEST DEAL UPDATE:

Huawei claims US charges of stealing trade secrets are an attempt to ‘irrevocably damage’ its image

U.S. prosecutors brought fresh charges against Huawei, accusing the company of stealing trade secrets from American firms and violating sanctions on Iran and North Korea. International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…

Coronavirus outbreak will speed up US-China ‘decoupling’ more than the trade war, Milken Institute analyst says

“We talked about China and the U.S. decoupling. The coronavirus more than the trade war has sped some of that decoupling as countries, as businesses think about their supply chain for the long run,” said Curtis Chin, an Asia fellow … Read more…

Buttigieg, Sanders supporters trade jeers — and cheers — 3 days before New Hampshire primary

The friction between supporters of Bernie Sanders and Pete Buttigieg played out Saturday night as those two candidates — plus other White House hopefuls — spoke at a major New Hampshire Democratic Party event just three days ahead of the first primary on the … Read more…

Dodgers acquire Mookie Betts, David Price in blockbuster trade with Red Sox

The Mookie Betts saga has reached its conclusion, and the result is a stunning three-team blockbuster that’ll massively alter the fortunes of all three clubs. The Dodgers are reportedly set to acquire Betts, David Price and significant cash considerations in a deal that … Read more…

Dillon Brooks, Ja Morant done with Andre Iguodala’s trade demand; Stephen Curry fires back

Andre Iguodala will almost certainly be in another uniform by Thursday night — and the young Grizzlies apparently can't wait until he's gone. Golden State traded Iguodala to Memphis last summer in a cost-saving move, and Iguodala didn't want to … Read more…

Tenuous US-China trade deal comes as Beijing and Washington remain on a permanent collision course

Beijing sees no other way of protecting its vital economic interests while remaining on a permanent collision course with the U.S. on so many war-and-peace issues. Commentary BEST DEAL UPDATE: Best of Web Pricing! Search 280+ weekly Flights to Cuba, … Read more…

There’s a ‘very good lesson’ from the coronavirus outbreak, says Singapore’s trade minister

“Today, China is not just producing low-end, low-value products, they are also in the supply chains of many of the high-end products,” said Chan Chun Sing, Singapore’s minister for trade and industry. Health and Science U.S.HEALTHCARE UPDATE: SPECIAL NEWS UPDATE: … Read more…

Sterling could fall toward $1.20 if UK-EU trade talks disappoint, strategists predict

Markets are underestimating the possibility that a trade agreement between the U.K. and the EU ends up resembling the much-feared “no-deal” scenario, some strategists say. International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX … Read more…

The US-China trade deal leaves a large American deficit and a permanent collision course

Investors should watch trade numbers for reliable signs of the real value of last week’s trade agreement between the U.S. and China, writes Dr. Michael Ivanovitch. International: Top News And Analysis SPECIAL NEWS UPDATE: Click today to request your free … Read more…

‘Not for sale’: Why the UK is so touchy about its health service being part of a US trade deal

When U.S. President Donald Trump said that the U.K.’s National Health Service (NHS) would be part of a “magnificent” trade deal with the U.K. that he promised earlier this year, most Brits recoiled in horror. International: Top News And Analysis … Read more…

China’s November foreign exchange reserves fall more than expected amid focus on trade deal

China's foreign exchange reserves fell $ 9 billion in November to $ 3.096 trillion, central bank data showed on Saturday, as Washington and Beijing remained locked in negotiations over an interim trade agreement. World News & Analysis SPECIAL NEWS UPDATE: … Read more…

Japan launches $122 billion stimulus to fight trade risks, post-Olympic slump

Japan’s cabinet approved a $ 122 billion fiscal package on Thursday to support stalling growth in the world’s third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics. Reuters: Business News SPECIAL DISCOUNT … Read more…

EMERGING MARKETS-EM stocks fall on trade deal doubts; Lira firms on central bank comments

Emerging markets stocks fell on Friday on worries that a new U.S. law backing Hong Kong protesters could hinder progress in resolving the Sino-U.S. trade war, while comments from the Turkish central bank breathed new life into the lira. Reuters: … Read more…

Fallout from US-China trade conflict could be ‘even worse’ than WWI, Kissinger says

The close economic and financial ties between the U.S. and China create potentially greater risks for America's global clout if the two countries separate further. Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount … Read more…

China invited US negotiators to Beijing for another round of trade talks, report says

China's top trade official has invited U.S. negotiators to take part in a fresh round of face-to-face talks, the Wall Street Journal reported on Thursday, citing people familiar with the matter. World News & Analysis SPECIAL NEWS UPDATE: Click today … Read more…

European markets open lower as investors monitor US-China trade developments

European markets opened slightly lower on Friday, as investors closely monitor the latest developments in the ongoing Sino-U.S. trade war. Europe News BEST DEAL UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save … Read more…

U.S.-China trade deal signing could be delayed to December; London a possible venue

A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue. News – FashionNetwork.com USA BEST DEAL UPDATE: Shop New … Read more…

China’s factory activity seen contracting for sixth month on trade pressure: Reuters poll

China’s factory activity is expected to have shrunk for the sixth month in October, a Reuters poll showed, suggesting hardly any let up in pressure on the domestic and export sectors from slowing global demand and a trade war with … Read more…

Here’s what small businesses, slammed by China tariffs, are doing to minimize impact of trade war

The sweeping tariffs imposed on China for its alleged unfair trade practices was intended to set right imbalances that put U.S. companies at a disadvantage. What wasn't intended: the financial hit U.S. small businesses are suffering as a result. Small … Read more…

If Washington wants to stop giving free rides, its trade partners need to stimulate their economies

The German trade surplus is stifling the economic growth in the rest of Europe, Michael Ivanovitch writes. World News & Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…

Tech consultations on parts of U.S. trade deal completed – China’s Commerce Ministry

Chinese Vice Premier Liu He had a phone call with U.S. trade officials as both countries confirmed technical consultations on some parts of a trade agreement were basically completed, China’s Ministry of Commerce said in a statement on Saturday. Reuters: … Read more…