U.S. Parts Ban Forces Halt to ZTE Operations
The Chinese smartphone maker, which is heavily reliant on Qualcomm processors, is seeking a reversal of the Commerce Department's ban.
U.S. Blasts China’s Free Trade Posture at WTO
“We have now entered the realm of Alice in Wonderland,” the U.S. envoy to the WTO says. “White is black. Up is down.”
How CFOs Can Navigate Trump’s Trade War
Imagine what it was like to sit in the C-suite of a U.S.-based steel distributor the day the president announced a 25% tariff on foreign-made steel.
U.S. Trade Deficit Falls 15% to $49 Billion
Despite the March decline, the U.S. is still “on track to run another large trade gap in 2018 that exceeds the deficit in the prior year."
U.S. Adds Canada to IP ‘Priority Watch List’
The decision reflects Canada's "failure to resolve key longstanding deficiencies in protection and enforcement" of intellectual property.
Starbucks Sales Top $6B But Shares Drop 2%
The coffee giant's U.S. store traffic was flat in the second quarter despite heavy Happy Hour discounting.
China’s ZTE Banned From Using U.S. Parts
The Commerce Department punishes the telecom firm with a seven-year denial of export privileges for violating a 2017 settlement agreement.
NYSE’s Owner to Buy Chicago Stock Exchange
The sale of the last U.S. regional stock exchange follows the collapse of its deal to be acquired by a Chinese-led investor group.
China Hits Back at U.S. in Tariff Tit-for-Tat
Beijing's list of $50 billion in proposed tariffs would hit U.S. exports of soya beans and other farm products particularly hard if they take effect.
U.S. Trade Gap Climbs 5% in January to $56.6B
The increase in the trade deficit to a nine-year high "will only add fuel to President Donald Trump’s protectionist rhetoric ," an economist says.
Trump’s Steel Tariff Plan Fuels Trade War Fears
The president promises to rebuild the U.S. steel industry but GOP lawmakers and others fear retaliation from exporting countries.