Chinese citizens wear face masks to protect against the spread of the Coronavirus as they check in to their Air China flight to Beijing, at Los Angeles International Airport, on February 2, 2020. Mark Ralston | AFP | Getty Images Dai Xin planned to fly to the northeastern Chinese city of Shenyang this month to […]
Tag: Trade
Brexit is happening: What happens next
The U.K. will leave the EU on Friday evening after 47 years of membership, marking one of the biggest political and economic shifts in modern Europe. Brexit brings about the end of a tumultuous three-and-a-half year departure process that has caused turmoil in the U.K.’s political establishment, economic uncertainty and heightened tensions between the U.K. […]
Coronavirus could bring jobs, manufacturing back to the US
Wilbur Ross Mike Blake | Reuters The fast-spreading coronavirus has infected thousands of people in China and raised fears about a global pandemic — and that could have a positive impact on the U.S. economy, Secretary of Commerce Wilbur Ross said Thursday. Ross said in a Fox Business Network interview that the disease, which Chinese […]
Trump urges countries to put own citizens first, touts US economy
President Donald Trump took a possibility to deal with world leaders on Tuesday to trumpet his “America First” agenda and encourage different nations to undertake the same nation-focused method to economics and political relations all over the world. “America’s newfound prosperity is simple, unprecedented and unmatched anyplace on the earth,” Trump mentioned on […]
Kudlow says ‘tax cuts 2.0’ will be unveiled later this year during Trump presidential campaign
“I’m nonetheless operating a technique of Tax Cuts 2.0. We’re many months away – it’s going to come out someday later in the course of the marketing campaign,” Kudlow instructed WSM. “Tax Cuts 2.Zero to assist middle-class financial progress: That’s nonetheless our objective.” “I had an amazing assembly with my buddy Kevin Brady, who […]
Boeing expected to take another big, ugly charge on 737 Max crisis
A 12 months in the past, Boeing posted file revenues topping $100 billion with hopes of delivering a chart-topping variety of airplanes in 2019, together with a whole bunch of 737 Max jetliners. The information is not going to be so rosy on its fourth-quarter earnings name this 12 months. Those bestselling planes had been […]
Former GOP Rep. Chris Collins set to be sentenced in insider trading case
Disgraced former Rep. Chris Collins is about to be sentenced Friday within the insider-trading case that led him to surrender his seat in Congress. U.S. Judge Vernon Broderick is scheduled to ship Collins’ sentence at 2:30 p.m. ET in federal court docket in decrease Manhattan. Federal prosecutors need Broderick to condemn Collins to […]
US-China phase one deal brings some relief, but uncertainty remains
A partial trade deal signed by the U.S. and China gives some relief to the market but doesn’t remove uncertainty, analysts said. “There’s a great sense of welcome that the deal was signed and a little bit of relief, naturally, and some measured optimism about how we can move forward,” said Gregory Gilligan, chairman of […]
Intellectual property protection benefits Beijing
President Donald Trump, with (L-R) Vice President Mike Pence, Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, speaks during a press conference with Chinas Vice Premier Liu He(not shown), the countrys top trade negotiator, before they sign a trade agreement between the US and China during a ceremony in the East Room of […]
US-China phase one trade deal may not hold, tariffs could return: Expert
China’s President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on Nov. 9, 2017. Nicolas Asfouri | AFP | Getty Images China could face difficulties fulfilling its commitment in the so-called phase one trade deal with the U.S., allowing President Donald Trump to […]