Scotch Whiskey among Goods Targeted by New US Trade Tariffs

The United States threatened the European Union with tariffs on EU imported goods, worth up to $4 billion. However, it is unknown when, or even if, these tariffs will be imposed. The US is the largest foreign market in the world for Scotch whiskey by value and the second largest by volume. A spokesperson for […]
  • Vladimir Sumina
  • July 3, 2019
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Huawei: Smartphone Sales Down 40% as US-China Trade War Intensifies

Reports on Tuesday had it that the founder and chief executive of Huawei, Mr. Ren Zhengfei stated at a panel discussion at the company’s headquarter in Shenzhen saying “In the coming two years, the company will cut production by 30 billion dollars.” This statement was made after the company recorded a 40 percent drop in […]
  • Monica Harvey
  • June 18, 2019
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Huawei to Launch 5G Networks in Russia

The Chinese tech giant, Huawei signed a deal with Russia’s largest carrier, MTS, to build 5G networks in the country on Thursday. This deal was signed by the Huawei board chairman, Guo Ping, and the MTS President and CEO, Alexei Kornya on the sideline of a heated talk between the Chinese President, Xi Jinping and […]
  • Monica Harvey
  • June 7, 2019
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US-China Trade War: America to Expect Inflation Caused by Raised Tariffs

  The US-China trade war is rubbing off on the businesses and citizens of both countries involved as Americans are beginning to worry about how the trade war could affect them. BBC World Service economics correspondent, Andrew Walker compiled series of questions that are being asked by Americans regarding the effect of the trade war […]
  • Monica Harvey
  • May 22, 2019
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Updates on Huawei: The Focal Point of the US-China Trade War Gets a 90-Day Trade License

The Chinese tech giant, Huawei has become a focal point of the US-China trade war, and this was made evident when the Trump administration added the company to its entity list last week. According to BBC, Huawei has become a controversial company after being suspected of working with the Chinese government in accessing the privacy […]
  • Monica Harvey
  • May 21, 2019
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China will implement more tariffs

Tit-for-tat escalates China announced on Friday that it will implement up to 25 percent tariffs on $60 billion worth of US goods if President Trump follows through with his plan of taxing $200 billion worth of Chinese goods. The move is the latest in a tit-for-tat standoff between the two countries. Tariffs have been increasing […]
  • Ben Norman
  • August 3, 2018
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Apple plans to clean China’s environment

Green Apple Apple announced on Thursday that it will invest $300 million in clean energy in China. The company stated that it will partner with ten of its global suppliers in the initiative. Their goal is to create enough renewable energy to power one million homes in China. Not only is this initiative beneficial for […]
  • Ben Norman
  • July 13, 2018
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ZTE stock rises

Can ZTE bounce back? China tech-firm ZTE saw its stock rise 25% on Thursday following a government announcement that the US ban will soon be removed. The US Commerce Department first created the ban on the tech firm because of its trade with North Korea and Iran – despite the sanctions the US placed on […]
  • Ben Norman
  • July 12, 2018
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Trump Tweet Threatens Harley-Davidson

Harley-Davidson has reported that they will be moving production abroad due to Trump tariffs. President Trump did not hesitate to hit Twitter. Trump fired back via Twitter on Tuesday: “Early this year, Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand. That was long before Tariffs were announced. Hence, […]
  • Peter Boyer
  • June 28, 2018
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