“There is nothing to point to in [the November factory activity] report that signals a bottom in domestic manufacturing."
Ahead of this week's trade talks between the two countries, the timing of the U.S. action "is going to be awkward for the Chinese."
The data suggest “the labor market remains strong even as employers are becoming more cautious about hiring workers.”
“We have now tariffed our way into a manufacturing recession in the U.S. and globally,” a chief investment officer said.
Another cut in December is "contingent upon an escalation in trade tensions, further weakness in global growth, and increased geopolitical tensions."
"Trade-related uncertainty in Asia impacted our software revenue performance in the region," CFO Luka Mucic says.
The country’s economy experienced a significant slowdown as it faces trade tensions with the United States.
Huawei and 70 affiliates were placed on the U.S. trade blacklist.
Trade tensions and the China slowdown "have contributed to a sense of uncertainty and pessimism about the global economy," AICPA says.
Meng Wanzhou, who was arrested in Canada at the request of the United States, is "by birth and position a member of China’s corporate royalty.”
China responds to Washington's latest round of tariffs by announcing tariffs of 5% to 10% on $60 billion worth of American products.
The U.S.-China trade conflict "will remain in an escalatory cycle as the two sides are at a fundamental impasse," one expert says.
