Tag: China trade deal
Donald Trump foresees a recession in China if it does not forge a trade deal with the US. He has also said his tariffs are driving China’s slowdown.
President Trump wants a personal meeting with President Jinping to solve the Hong Kong issue humanely. The protests took an ugly turn on Wednesday.
The US has delayed the implementation of the new 10% tariff on China from September to December. Let's take a look at why.
Amazon (AMZN) stock has fallen more than 10% since the company reported mixed second-quarter results. The stock fell 3.2% on Monday.
Yesterday, the United States declared China a currency manipulator. China let its controlled currency slide below 7 against the US dollar yesterday.
On Tuesday, President Trump's comments about a China trade deal left the stock market with serious concerns. More tariffs could be on the table.
Huawei is preparing for “extensive layoffs” in the US, which could put the US-China trade deal on the rocks.