News

Billionaire Bill Ackman sends hard-nosed message on China, U.S. trade war
The U.S. and China have locked horns over trade, and neither country will likely escape unscathed. The decision to impose ...
Xbox prices abruptly spike amid U.S. trade war with China
It’s virtually unheard of for an aging console system to rise so significantly in price. Analysts point to Microsoft’s ...
The Economist10h
Why China has the upper hand in its trade war with America
That stubbornness has given China unaccustomed power over America’s immediate economic fate. If it reaches out to Mr Trump, ...
Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations
Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade ...
Port of L.A. executive director says retailers will soon have only about 7 weeks of full inventories left amid U.S.-China trade war
The U.S.-China trade war fallout has begun. The Port of Los Angeles anticipates plummeting cargo traffic until a deal on ...
China adopts law to bolster private sector amid trade war
China on Wednesday passed a new law aimed at boosting confidence in the private sector and strengthening its role in the ...
Treasury Secretary Bessent signals US advantage in tariff battle as China's economy crumbles
Treasury Secretary Scott Bessent is "confident" that China wants to reach a trade deal as the U.S. adversary's economy shows signs of slowing down to "devastating" lows.