Donald Trump’s decision to extend a deadline on additional tariffs on Chinese goods provides Xi Jinping with some temporary relief as he struggles to arrest an economic slowdown.
February 25, 2019Government, Business, Logistics
Trump’s Extension of China Truce Gives Xi Breathing Room on Slowdown
Government, Business, Logistics
US, China Crafting Foundation for Trade Deal, Source Says
U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks.
February 21, 2019Government, Business, Technology, Logistics
Tesla Racing to Get Model 3s to China Before Potential Tariff Hike
Tesla Inc. is loading as many Model 3 sedans as it can onto vessels destined for the People’s Republic ahead of March 1, when a trade-war truce between presidents Donald Trump and Xi Jinping is scheduled to expire.
February 13, 2019Government, Business
Trump Says Summit With Xi ‘Unlikely’ by Tariff Deadline Date
President Donald Trump said he won’t meet Chinese President Xi Jinping before a March 1 deadline to avert higher U.S. tariffs on Chinese goods, intensifying fears the two won’t strike a deal before the end of a 90-day truce.
February 8, 2019Government, Business
Tariffs Deliver on One Front, IIF Study Finds
President Donald Trump’s tariffs on imports from China continue to attract opposition from economists and much of the business community. They also may be delivering on at least one goal of the administration’s trade wars: reducing imports of targeted products from China.
February 5, 2019Business, Logistics
As China Reduces Pollution, Value of Vessels Transporting LNG Increases
The world’s biggest shipbuilder sees China’s cleanup of its smoggy skies lifting prices of the vessels this year.
January 29, 2019Government, Business
US Confirms China Trade Talks to Begin
The Trump administration confirmed it will hold two days of talks this week in Washington to discuss structural changes to China’s economy and Beijing’s pledge to buy more American goods.
January 28, 2019Business
Caterpillar 4Q Profits Tumble; Trade With China Cited
Caterpillar Inc. posted the biggest quarterly profit miss in a decade as a China slowdown hit demand for its signature yellow construction and mining equipment.
January 28, 2019Business, Logistics
China’s Car Slowdown Begins to Bite as Hyundai Lays Off Workers
As China’s car industry loses its shine, automakers are starting to buckle up for the downward slope with Hyundai Motor Co. announcing it is letting workers go and is reviewing production plans in the world’s biggest market.
January 25, 2019Government, Business, Fuel
US Sanctions on Venezuelan Oil Could Benefit China, India
If the United States decides to deploy a slate of sanctions that it is said to have drafted against the Latin American nation, American refiners would be forced to cease purchases. That may mean more supply becomes available for the OPEC producer’s other big customers: China and India.
January 24, 2019