U.S. and China seeking to revive trade talks, Trump adviser says

Business Aug 19, 2019

U.S. and China seeking to revive trade talks, Trump adviser says

Washington and Beijing are working actively to revive negotiations aimed at ending the trade war that has rattled world markets, Donald Trump's chief economic adviser said Sunday. If teleconferences between both sides' deputies pan out in the next 10 days "and we can have a ...

Japan regains status as top foreign holder of U.S. Treasurys

Business Aug 16, 2019

Japan regains status as top foreign holder of U.S. Treasurys

Japan surpassed China in June as the top holder of U.S. Treasurys after raising its holdings to a nearly three-year high, as the trade war between the world's two largest economies intensified. Holdings of U.S. bonds, bills and notes were increased by $21.9 billion to ...

Trump bows to economic fears in move to delay China tariffs

Business Aug 14, 2019

Trump bows to economic fears in move to delay China tariffs

U.S. President Donald Trump bowed to pressure from American businesses and concerns over the economic fallout of his trade war with China, delaying the imposition of new tariffs on a wide variety of consumer products including toys and laptops until December. Tuesday's move to at ...

U.S. slaps duties on $4.4 billion in imported Chinese cabinets

Business Aug 9, 2019

U.S. slaps duties on $4.4 billion in imported Chinese cabinets

The United States hit China with new import duties Thursday on more than $4 billion in imported wooden cabinets and vanities, after finding manufacturers there benefit from unfair subsidies. The Commerce Department's preliminary finding comes just a week after Washington announced new punitive duties on ...