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+3 +1
Uighurs in 'forced labour for Western brands'
A report says China has moved minority Muslims into factory jobs, where their freedom is restricted.
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+2 +1
Arrogance destroyed the World Trade Organisation. What replaces it will be even worse
We are about to go from having rules that overreached to having few rules. The US, China and the EU will be able to act with impunity.
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+3 +1
Make ban on Chinese wildlife markets permanent, says environment expert
Temporary ban to curb coronavirus is not enough, says environmental leader Jinfeng Zhou
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+11 +1
How Trump lost the trade wars in 16 cool charts
The verdict is in. The US started trade wars with several trading partners. It has lost them comprehensively
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+4 +1
'Amazing deal' or 'capitulation'? Why the US-China trade truce may not last
The trade war between the US and China may never be settled, experts fear, even after the two sides agreed on an outline “phase one” deal. Economists and investors have been poring over the weekend’s announcement, which appeared to end a dispute that has roiled financial markets for 17 months.
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+18 +1
Get ready for radical change as economic problems hit 'boiling point', warns global bank
The next decade is likely to see higher prices and interest rates and a reversal of globalisation, but also a reduction in inequality and increased climate action, predicts one of the world's biggest banks.
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+14 +1
Why Trump's Tariffs May Ruin Black Friday
Take note, shoppers. While the holiday season is traditionally the best time of year to make your tech purchases, the ongoing trade war with China is throwing everything on its head.
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+9 +1
Apple Watch may soon get expensive
Apple Watch may get expensive soon as the US government led by president Donald Trump slapped increased tariffs on new set of Chinese imports on Sunday. Apple Watch is affected by the new tariffs. Apple has not yet confirmed whether they will increase the price of Apple Watch, but it is highly likely that they will pass on the import tax hike to the consumer. Apple is not a company that will compromise on its margins. Most probably, Apple Watch price will increase by $20 to $50 depending on the model.
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+12 +1
Trump admits to having 'second thoughts' on his trade war with China
Donald Trump has admitted to having "second thoughts" on his ongoing trade war with China. Speaking to reporters at the G7 summit in Biarritz, France, the president was asked whether he had thought twice about his decision to impose tariffs. "Sure. Why not?" he replied, adding that "I have second thoughts about everything." However, he insisted that he had pushed ahead due to China's "outrageous" behaviour.
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+14 +1
China Threatens New Tariffs if Trump Escalates Trade War
Beijing said it will target $75 billion in U.S. goods, suggesting the economic conflict that has rocked global markets won’t end anytime soon.
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+22 +1
The U.S.-China trade war could get much worse
Stocks continued their sell-off overnight as fears of further escalation in the U.S.-China trade war were realized after markets closed on Monday. Investors are beginning to fear that not only will the trade war dent business confidence and economic growth, but with further escalation and no end in sight, it could do massive damage to the entire global economy.
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+2 +1
PS5: Sony warns of price hike that could make console eye-wateringly expensive
Sony's PlayStation 5 console is launching next year and is already up for pre-order at at certain retailers, and while the very expensive price tag currently hanging off it is most likely a placeholder, it could still be more expensive than we'd all like.
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+2 +1
Amid Tariff War, China No Longer US' Top Trading Partner. Slips To Third
As a result of their ongoing trade war, China is no longer the top trading partner of the United States and has been replaced by America's neighbours Mexico and Canada, according to a media report.
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+24 +1
Trump says US will impose 10% tariffs on another $300 billion of Chinese goods starting Sept.1
President Donald Trump said Thursday that the U.S. is putting 10% tariffs on another $300 billion worth of Chinese goods, effective Sept. 1. “Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country...
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+21 +1
Why an “AI Race” Between the U.S. and China Is a Terrible, Terrible Idea
We don’t need to win this nationalistic race — especially when we don’t even know what’s at the finish line.
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+30 +1
Donald Trump has invoked a three-pronged attack against his Chinese nemesis
The weekend negotiations between the US President and China's Xi Jinping have been portrayed in some quarters as a breakthrough in the trade war, but it is nothing of the sort. Ah, the irony. It was China that rode to the rescue a decade ago to rescue global capitalism from itself and its excesses after a spectacular implosion in America's banking system.
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+9 +1
Trump suspends new tariffs, U.S. and China to restart trade talks
President Trump and China's Xi Jinping agreed to restart trade talks on Saturday, averting an escalation feared by financial markets, businesses and farmers. "We're going to work with China where we left off," he said. Mr. Trump said existing U.S. tariffs would remain in place against Chinese imports while negotiations continue, but additional tariffs he's threatened to slap on other Chinese goods will not go forward for the "time being."
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+10 +1
China Is Cutting Tariffs—For Everyone Else
Lobster is Maine’s top export. Like many Americans with something to sell, Maine’s trappers benefited from positive turns in China’s economic development. The movement of tens of millions of people out of poverty and into the middle class increased demand for a source of protein—and a Chinese New Year delicacy—that Maine could happily provide.
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+24 +1
China is reportedly on the brink of 'major retaliative measures' against the US as the trade war escalates further
China is preparing to deploy "major retaliative measures" over the US' decision to blacklist Huawei, according to the editor of one of the country's state media outlets. Hu Xijin, editor of the tabloid newspaper Global Times, wrote on Twitter: "China will take major retaliative measures against the US placing Huawei and other Chinese companies on Entity List." "This move indicates Beijing will not wait passively and more countermeasures will follow."
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+9 +1
US considers 25% tariff on game consoles
The Trump administration's escalating trade dispute with China could have a significant impact on gaming in the near future. As reported by Game Daily, the Office of the United States Trade Representative has proposed a tariff of up to 25% on a wide array of products imported from China.
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