Could Ford Buy Tesla? Here’s How Likely A “Doomsday” Scenario Is

Former Tesla bulls have been bailing on the company. The stock continues to drop. Bond prices are at low levels. The auto maker is burning through $1 billion in cash a quarter, the cash from the latest $2.7 billion funding round will be gone within ten months, and demand is falling off. One of the […]

Data Sheet—How Trump’s China Trade War Is Morphing Into a Tech War

Good morning. Clay Chandler in Hong Kong, filling in for Adam. Shares in Hangzhou Hikvision Digital Technology, the world’s largest manufacturer of surveillance equipment, and rival Zhejiang Dahua Technology tanked on the Shenzhen exchange Wednesday following news that the Trump administration may forbid the companies from buying U.S. technology, adding them to a national security […]

Bitcoin: A Hedge for Trump’s China Trade War?

Global uncertainty is good for Bitcoin investors, it seems. As trade talks between the United States and China broke down earlier this month, the price of Bitcoin soared higher than it has all year. Market watchers have speculated that the cryptocurrency, commonly referred to as “digital gold,” benefited from investors’ jitters in the equities and […]

Apple’s Terrible Week Is Dominated by China, Tariffs, and Intel

In reviewing Apple’s past week, it’s extremely difficult–if not impossible–to find good news. The week started with China saying that it would impose $60 billion in new tariffs on a variety of goods, including the batteries that Apple uses in its iPhones. That alone could increase Apple’s manufacturing costs and push it to raise its […]

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 […]

U.S. Tariff Deal with Mexico, Canada Is Also About Cutting Off China’s Steel

The U.S. has reached an agreement to drop steel and aluminum tariffs on the two countries in return for preventing Chinese steel from coming over their borders into the U.S. In a speech before the National Association of Realtors, President Trump said, “I’m pleased to announce that we’ve just reached an agreement with Canada and […]

Honeywell CEO on China Tariffs: “We’re Ready”

As the tit for tat trade battle wages on in Washington and Beijing, one prominent American CEO says he’s prepared for just about every possible scenario. Honeywell CEO Darius Adamczyk says the company has already been moving critical supplies from North America to China and he has also been analyzing pricing options to “moderate the […]