trade

August 23, 2019

Huawei is facing a “life or death crisis” amid continued pressure from the U.S. government, its founder and CEO told employees, as he laid out a strategy for the Chinese telecommunications giant going forward. In a memo to employees of Huawei’s networking division seen by CNBC, Ren Zhengfei described the company’s current situation as a “battle.”

August 21, 2019

...even if there are significant breakthroughs on the trade front -- and that’s a very big “if” -- it will do little to change the anti-China mood in Washington. Partisan rancor and the president’s Twitter musings may get the headlines, but there is broad agreement in the nation’s capital that the Sino-U.S. relationship has fundamentally changed.

August 21, 2019

Underscoring the complexity of the U.S.-China trade relationship, careful observers will notice that there are more than two sides vying for influence at the table as negotiations continue in search of a possible deal. In fact, when it comes to the most important strategic question at the very heart of the dispute--what to do about China’s mercantilist campaign to dominate global markets for key advanced technologies--there are at least three contending positions on the U.S. side alone.

August 19, 2019

President Trump directed the Commerce Department in May to place Huawei on its “Entity List,” which is seen as a death sentence for included groups as U.S. companies are banned from doing business with them. A “temporary general license” allowing Huawei to continue doing business in the U.S. had already been granted for one 90-day period.

August 14, 2019

The United States Trade Representative office said Tuesday that new tariffs on certain consumer items would be delayed until Dec. 15, while other products were being removed from the new China tariff list altogether. It cited health and security factors. The duties had been set to go into effect on Sept. 1, so the announcement eased concerns about the holiday shopping season.

August 13, 2019

The US economy did pretty well during the Cold War. Per capita GDP rose by 150% in real terms from the end of World War Two through the collapse of the Soviet Union, with the stock market notching a similar inflation-adjusted performance. And when the long twilight struggle was over, America was on the verge of a historic productivity surge and technological advance.

August 13, 2019

As the China-U.S. trade talks resume in Shanghai, with President Trump warning President Xi that there will be consequences if China tries to “wait Trump out” until next year’s U.S. presidential election, the key question is whether there is a path to reengagement and some normalcy over trade relations—or whether a new trade cold war, with an ultimate decoupling of the two economies, is the inevitable endgame.

July 24, 2019

Apple Inc. has asked the Trump administration to exclude components that make up the forthcoming Mac Pro high-end desktop computer from import tariffs, weeks after planning to re-locate production of the line to China from Texas.

July 22, 2019

The tariffs that President Donald Trump has slapped on Chinese imports haven't sparked the widespread return of manufacturers to the U.S. that Trump envisioned. About 41% of American companies are considering moving factories from China because of the trade war, or have already done so, but fewer than 6% are heading to the U.S., the American Chamber of Commerce in China said in a recent survey.

July 08, 2019

“Huge amounts of capital and talent are going to be thrown at building self-reliance and establishing a kind of parallel ecosystem here without dependence on U.S. chips, operating systems,” said Ben Harburg, managing partner of MSA Capital, a Beijing-based venture capital firm. “The rationale is that this moment created demand. Previously, it didn’t have demand for those Chinese chips...

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