The U.S. Grants Huawei a Temporary Reprieve from Blacklist—And Saves Itself Some Trouble

The U.S. has thrown Huawei Technologies a lifeline, but it likely isn’t doing it for the Chinese company’s sake. Last Wednesday, the Commerce Department added Huawei and 68 affiliates to its prohibitive “entities list”–a catalogue of companies considered threats to national security. Entities on the list are required to apply for special permission to purchase […]

How China’s top-down political system holds it back

Clay Chandler here, chiming in from Hong Kong with CEO Daily’s weekly Sino-Saturday edition. It has been more than a week now since the collapse of trade talks between the world’s two largest economies. China and Washington have since announced billions of dollars in new tariffs on each others’ exports. Official rhetoric between the two […]

China Is Running Out of U.S. Goods to Tariff, But It Has Other Trade War Weapons to Unleash

When President Donald Trump suddenly hiked tariffs on $200 billion worth of Chinese imports last week, China said it would respond with “necessary countermeasures.” But then it announced a tariff increase on just $60 billion of U.S. goods. China simply doesn’t import enough from the U.S. to match tariffs “tit-for-tat,” hence the $140 billion shortfall […]

Tesla Stock Plunged Due to Fear of Auto Tariffs from China

The re-escalation of the U.S.-China trade war is hitting Tesla Inc. shares hardest among major automakers, with investors betting it won’t be long before cars crossing the two countries’ borders are again subject to bigger tariffs. Tesla plunged as much as 6.3% to $224.50, the lowest intraday since January 2017, after China defied U.S. President […]

How to Invest During a Trade War

President Trump wasn’t bluffing. On Friday, the Trump administration followed through on its threat to raise import tariffs on $200 billion worth of Chinese goods from 10% to 25%, escalating long-simmering trade tensions between the U.S. and China to an unprecedented level. While some would claim this a necessary maneuver in the President’s quest to […]

How Trump’s China Tariffs Could Hurt American Consumers

And with a tweet, a U.S.-China trade war could become a reality. On Sunday, President Donald Trump declared on Twitter that the tariffs already imposed on Chinese goods “are partially responsible for our great economic results” and announced that they would increase from 10% to 25% on Friday. “The Tariffs paid to the USA have […]

U.S., China Are Close to a Trade Deal—but the Trade War Could Continue

The world’s two largest economies are nearing the finish line on a trade deal that could be signed by President Donald Trump and his Chinese counterpart Xi Jinping as early as this month. But that doesn’t mean the trade war ends. More work remains on a deal that will ensure that Beijing will follow through […]

Slouching Towards Mar-a-Lago: Xi and Trump Inch Closer to Yes

There have been a flurry of small and medium-sized developments over the last few days as we await the outcome of U.S.-China trade negotiations. On Thursday, the White House confirmed it would suspend President Trump’s March 1 deadline for slapping new tariffs on Chinese imports. On Friday, Trump said in a tweet that he has […]

Slouching Toward Mar-a-Lago: Xi and Trump Inch Closer to Yes

There have been a flurry of small and medium-sized developments over the last few days as we await the outcome of U.S.-China trade negotiations. On Thursday, the White House confirmed it would suspend President Trump’s March 1 deadline for slapping new tariffs on Chinese imports. On Friday, Trump said in a tweet that he has […]