Page 3 - Trade War

Apple and Foxconn broke a Chinese labour law to build new iPhones

Foxconn said it fired two executives at one of its Chinese plants after another CLW investigation

China's exports fall in August as bruising trade war with US rumbles

China's trade surplus also dropped sharply in August to $34.83 billion

Shipping freight market defies ongoing trade war, global economic slowdown

Revival in iron ore exports from Brazil and Australia in last few months has helped improve the dry bulk segment

Trade war: With new tariffs in place, prices may shoot up for US consumers

The 15% US taxes apply to about $112 billion of Chinese imports

The growth collapse

Global factors do not fully explain the slowdown

Trade war: China indicates it won't retaliate now on new US tariffs

China has hit back against each previous tariff increase by the US, so not responding in kind this time may signal a change in strategy

Could a US recession end the trade war?

In recent downturns, the US has been more willing than normal to cooperate with China in order to try to spur recovery

'Bullying' US would eat its own bitter fruit: China on tariff hike

European leaders have also warned US President Donald Trump of the dangers of trade skirmishes with China and Europe, which look set to dominate the G7 summit due to begin in France

G7 summit: Emmanuel Macron, Donald Tusk sound alarm over trade war risks

"Trade wars will lead to recession, while trade deals will boost the economy," Tusk said as leaders of the G7 countries descended on the French resort town of Biarritz for a three-day summit

Analysts expect FPI selling to reverse; see a market rally on Monday

In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains

Big relief for market as govt withdraws FPI surcharge: 15 key announcements

Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market

Cisco gives lackluster sales forecast amid trade-dispute worries

Cisco shares declined 6.2 per cent to $47.50 at 9:36 am in New York, rebounding from an earlier 8 per cent drop, the biggest intraday fall since May 2017

China holds off its biggest policy gun even as global currency war looms

Beijing is sticking to a cautious monetary strategy even after President Donald Trump's accusations of Beijing's currency manipulation adding sensitivity to any stimulus measures

US labels China a currency manipulator, escalating trade war with Beijing

It's the first time that the US labeled a country a manipulator since the 1990s, when China was also the target

Users of new oil pipeline to pay for cost of Trump tariffs on steel imports

Trump administration last year imposed tariffs on imported steel and aluminum to shield US producers from overseas competition and protect jobs

S. Korea's Moon condemns Japan's 'reckless' trade decision

Tokyo's "selfish act will inflict tremendous damage on the world economy by disrupting global supply chains, said South Korean President Moon Jae-in

Foxconn eyes sale of $8.8 billion China plant amid trade war woes

A sale would come at a delicate time for Foxconn, which has extensive investments in China, a large roster of US clients that includes Apple Inc, and is having to navigate a tricky path

US, China negotiators wrap up trade talks after Trump's Twitter tirade

"My team is negotiating with them now, but they always change the deal in the end to their benefit," Trump wrote on Tuesday.

World's top toymaker to leave China; may shift plants to India, Vietnam

Hasbro is the latest company changing its strategy amid heightened tensions between the US and China

Despite Donald Trump's best efforts American factories won't leave Asia

A survey released in May found that fewer than 6 per cent of the companies that were shifting or considering moving production out of China were choosing the US as a new destination