As President Donald Trump unleashes sweeping changes across the US government and slaps tariffs on America’s leading trade partners, Chinese leader Xi Jinping is preparing to hold a major political …
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China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. logs, stepping up retaliatory action after the United States imposed additional tariffs on Chinese …
Starbucks’s China comeback relies on right partner, brewing back the vibe
As Starbucks tries to revive its faltering business in China, analysts say strategic partnerships and returning to its roots as a place where customers come for a coffee “experience” offer the best bet to beat…
Trump tariffs push China to retaliate: Soybean farms hit, lumber imports halted
China also imposed import levies covering $21B worth of US agricultural and food products including soybeans, wheat, meat and cotton.
Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.
China’s CNOOC to launch refinery expansion after $2.7 bln upgrade, sources say
China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer’s further expansion into refining and petrochemicals,
Trump’s tariffs on Mexico, Canada and China are in effect — all the products Americans can expect to pay more for
Goods from China face at least a 20% tariff, while imports from Mexico and Canada are being hit with a 25% levy.
Illumina Stock Slammed As China Retaliates Against Trump’s Tariffs
Illumina stock skidded Tuesday after China signaled it would ban the company from importing its gene-mapping products.
$1.4 Billion In Stolen Crypto From Bybit Hack Is Not Coming Back
Hackers who managed to run off with $1.4 billion in stolen Ethereum from the Bybit exchange have already converted most of the funds into Bitcoin. That is according to experts at several blockchain …
Why is the crypto market down today? Trump’s tariffs cause trouble
Bitcoin plummets to $83,591, reversing gains from Trump’s U.S. crypto reserve announcement amid global market uncertainty.
China retaliates against new Trump tariffs, showing it’s not desperate for a deal yet
China’s new agriculture-focused tariffs on US imports shows Beijing isn’t in a hurry to reach a deal on the trade war.
This budget business class delivers bang for your buck where it counts
While there may not be brand-name products or cutting-edge tech, this underdog airline delivers bang for your buck where it counts.
Illumina Stock Drops as China Bans Imports of Gene Sequencing Technology
Illumina stock slid on Tuesday after China banned imports of the biotech’s gene sequencing machines as part of a broader retaliatory response to U.S. tariffs. Shares of Illumina slipped 3.6% to $81.16 as President Donald…