May 14, 2019

Factbox: Tariff wars – duties imposed by Trump and U.S. trading partners

China on Monday raised tariffs on $60 billion of U.S. goods in retaliation for President Donald Trump’s decision to increase tariffs on $200 billion worth of […]
May 14, 2019

China says hopes U.S. does not underestimate its determination

China’s foreign ministry said on Tuesday that it hopes the United States does not underestimate its determination to protect its interests, even as Washington threatened to […]
May 14, 2019

Huawei is not controlled by China, executive says

Huawei is a private company that is not controlled by the Chinese government and would refuse to hand over information to Beijing although no such request […]
May 14, 2019

Volkswagen shares up 2.7% in early trade on truck listing plans

Volkswagen shares were up 2.7% in early trade on Tuesday after the multi-brand carmaking group said it would press ahead with a listing of its trucks […]
May 14, 2019

Volkswagen will use Traton proceeds to internationalize truck business: CEO

Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the “internationalization” of the division, Chief Executive Officer Herbert […]
May 14, 2019

Asian shares fall to three-and-a-half month low as trade war escalates

Fresh U.S.-China tariff war volleys pressured Asian shares on Tuesday, but comments from U.S. President Donald Trump that he expects trade negotiations to be successful aided […]
May 14, 2019

Members only: U.S. retailers revamp loyalty schemes for Amazon era

With private fitting rooms, members-only stores and clever apps, U.S. department stores are reinventing their old and tested loyalty programs to fend off the challenge from […]
May 14, 2019

Cellphones and laptops on latest USTR China tariff list, drugs excluded

A list of products subject to possible U.S. tariffs on about $300 billion of Chinese imports will include cellphones and laptop computers but not pharmaceuticals and […]
May 14, 2019

Trump says U.S. farmers to get $15 bln in aid amid China trade war

President Donald Trump said on Monday that his administration was planning to provide about $15 billion in aid to help U.S. farmers whose products may be […]
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