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U.S. Manufacturing Group Hacked by China as Trade Talks Intensified…

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As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald Trump’s trade policies, according to two people familiar with the matter. The National Association of Manufacturers (NAM) was hacked over the summer and hired a cybersecurity firm, […]

Dow Plunges More Than 600 on Worsening U.S.-China Trade Brawl…

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U.S. stocks plunged Friday, with the Dow Jones Industrial Average dropping more than 600 points as President Trump vowed to retaliate against China’s fresh round of tariffs on some U.S. goods beginning as early as Sept. 1. The sell-off — which at one point saw the blue-chip Dow down more than 700 points — left […]

SHOT: Futures Plunge After China Announces Retaliatory Tariffs on Another $75BN in U.S. Goods…

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Just over an hour after the Global Times’ Hu Xijing warned that China would announce retaliatory tariffs on certain US products, adding that “China has ammunition to fight back”, that’s precisely what happened when China’s Ministry of Finance said in statement posted on website late Friday that it would levy retaliatory tariffs on another $75BN […]

CHASER: President Trump Announces Tariff Increases on Chinese Products…

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President Trump has announced the raising of tariffs on China effective Sept 1st and October 1st, 2019. This is one arrow in a quiver filled with economic consequences: The preexisting 25 percent tariff on $250 billion in Chinese goods will increase to 30 percent effective October 1st, 2019. The pre-planned 10 percent tariff on $300 […]

Now It Makes Sense – Beijing Assigned Hardline Trade Handler to Vice-Premier Liu He…

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We had to wait a few weeks to see how the Beijing communists and Xi Jinping hardliners were positioned for new trade talks; and now things make sense. Initially it seemed at odds with Beijing’s prior position to restart U.S-China trade negotiations with Vice-Premier Liu He. The prior three months of negotiation came to a […]

Chinese Goods Navigate Alternate Trade Routes to Avoid Tariff Charges…

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Higher U.S. tariffs from the trade war with China are altering patterns of world trade as exporters use third countries to bypass the duties, data reveals. Chinese exports to the U.S. tumbled by $15.2 billion, or 12%, in the January-March quarter of 2019 on a year-on-year basis. But an analysis conducted by Nikkei showed that […]

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