The world’s two largest economies will sign a compromise Wednesday that calms their trade war – here’s the back story U.S. talks with China to complete a first-stage trade deal had hit an impasse around … [Read more...]
Trump’s trade deal with China won’t give many U.S. companies relief, as most tariffs will remain
From the Rust Belt to the Pacific Northwest and from the Gulf Coast to Niagara Falls, the outlook could not have been brighter for U.S. chemical companies. Then President Trump nearly two years ago launched … [Read more...]
US drops China’s designation as currency manipulator
The US Treasury Department has removed China from its list of currency manipulators ahead of a new US-China trade deal. Chinese regulators have been accused of devaluing the yuan to make exports more … [Read more...]
China urges US to ‘immediately halt’ sanctions on Chinese firms with Iran ties
Foreign ministry calls it a ‘wrongful action’ and says trade with Iran is legitimate and ‘should be respected’ US Treasury Secretary Steve Mnuchin on Sunday said China was ‘subject to sanctions just like … [Read more...]
‘Eleventh hour’ US-China trade deal could happen before tariffs kick in Sunday, analysts say
There will be an “eleventh hour” announcement about a deal on Saturday night, says Kenny Polcari, senior market strategist at Slatestone Wealth. More tariffs — 15% on about $160 billion in Chinese exports to … [Read more...]
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