Mike Jacob, Pacific Merchant Shipping Association president, joins ‘Power Lunch’ to discuss impact of tariffs on ports and the American economy.
NEWS
OpenAI chief Sam Altman: US barely ahead of China in artificial intelligence arms race
Sen. Ted Cruz chaired a Commerce Committee hearing featuring Sam Altman, Lisa Su, Michael Intrator and Brad Smith.
Moody’s says tariffs may hit African banks through China slowdown
By Colleen Goko JOHANNESBURG (Reuters) -Banks in sub-Saharan Africa will not be directly impacted by U.S. import tariffs, but “second round effects”, including their impact on the macroeconomic outlook and on China,
US imposes Iran-related sanctions on third China ‘teapot’ refinery, port terminal
U.S. President Donald Trump’s administration on Thursday imposed sanctions on a third Chinese independent, or “teapot” oil refinery and port terminal operators in China for purchases of Iranian oil ahead of an expected fourth round…
Factbox-China Exempts Some US Imports From Tariffs
(Reuters) -China has granted tariff exemptions on select pharmaceuticals, microchips and aircraft engines from its 125% retaliatory tariffs on U.S. goods imposed after President Donald Trump unleashed his tariffs in April.
US imposes Iran-related sanctions on third China ‘teapot’ refinery, ports
U.S. President Donald Trump’s administration on Thursday imposed sanctions on a third Chinese independent – or “teapot” – oil refinery, and port terminal operators in China for purchases of Iranian oil.
Chinese companies line up to sell ‘innovation bonds’, capitalising on Beijing’s technology push
Chinese banks, brokerages and private equity firms are among companies kicking off plans on Thursday to sell so-called sci-tech innovation bonds.
China issues disaster prevention and mitigation plan to ensure stable grain harvest
China has recently issued a disaster prevention and mitigation plan to ensure a stable grain harvest, urging major efforts in response to drought, high temperatures and heat damage, national …
Xi Jinping tries to press China’s advantage in South America
Xi Jinping, China’s president, will welcome South American bigwigs to Beijing for China’s biggest diplomatic jamboree since Donald Trump took office. Among them will be Luiz Inácio Lula da Silva (known as Lula),
US AI execs to give Congress policy wishlist for beating China
Top executives at American AI giants OpenAI, Microsoft and AMD are set to appear at a U.S. Senate hearing on Thursday and outline ways they believe Washington can stay ahead of Beijing in the artificial…
Trump Says He’ll Raise Jimmy Lai’s Case in China Trade Talks
President Donald Trump said he will raise the case of ex-media mogul Jimmy Lai as part of US trade talks with China, a move likely to antagonize Beijing just days before the two sides meet.
Russia’s VEB development bank plans $42 billion in funding for projects with China, chairman says
Russian state development bank VEB plans to provide around 3.5 trillion roubles ($42.74 billion) in funding for joint projects with Chinese businesses, VEB head Igor Shuvalov said on Thursday as the two countries’ leaders held…
Huawei building new chip fab in Shenzhen for advanced chip production – report
Huawei is building a production line for advanced chips in Shenzhen, the FT has reported, citing satellite imagery obtained by the news outlet. Three manufacturing sites are currently under …
