Huawei expects no relief from U.S. sanctions but is confident firm can stand on its own tech
The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs because of the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology. Ren Zhengfei also said he doesn't want ...
South Korea and Japan have toned down the rhetoric but show little sign of compromise in a bitter political and economic dispute as their foreign ministers prepare to meet in China this week. Relations between the two neighbors are at their worst in years, with ...
G7 summit likely to skip communique, reflecting gulf between U.S. and Europe, Japan source says
The plan to stop short of issuing a communique reflects the wide rift between the U.S. and Europe over issues such as free trade and climate change.
74% of economists in survey see U.S. recession by end of 2021
A strong majority, 74 percent, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. The economists surveyed by the National Association for Business ...
'Another Tiananmen Square' crackdown in Hong Kong would harm trade deal, Trump warns
U.S. President Donald Trump warned China that carrying out a Tiananmen Square-style crackdown on Hong Kong pro-democracy protesters would harm trade talks between the two countries. "I think it'd be very hard to deal if they do violence, I mean, if it's another Tiananmen Square," ...
Japan's goods trade deficit grew in July on weak exports to China
Japan logged a goods trade deficit of ¥249.6 billion in July, weighed down by a decrease in exports to China amid Beijing's ongoing trade conflict with Washington, according to government data released Monday. The preliminary reading for July followed a revised ¥589.6 billion surplus for ...
Japan's feud with South Korea threatens heating fuel shortage
Consumers may pay a higher price to stay warm this winter if South Korea bans exports of heating fuel to Japan as the bilateral trade feud deepens. Kerosene is used as a fuel in portable stoves and fan heaters, particularly in the colder northern part ...
U.S. ban on Huawei largely ignored in Southeast Asia
Trade tensions between the United States and China have sent a shiver across Southeast Asia, a region that depends heavily on both sides for its economic health, but when it comes to 5G, many countries have shrugged off a U.S. ban on Chinese telecommunications ...
Apple's Tim Cook worried about losing edge to Samsung with tariffs, Trump says
President Donald Trump said Apple Inc. Chief Executive Officer Tim Cook voiced concerns about chief competitor Samsung Electronics getting an edge because its products, unlike Apple's, won't be subject to tariffs when imported by the U.S. Cook and Trump had dinner on Friday night, while ...
President Donald Trump's top economic adviser is playing down fears of a looming recession after last week's sharp drop in the financial markets and predicting the economy will perform well in the second half of 2019. Larry Kudlow said in Sunday television interviews that consumers ...
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 ...
57% against sending SDF to join U.S.-led maritime coalition in Mideast amid tensions with Iran: poll
A poll finds over half of voters oppose dispatching Self-Defense Forces personnel to the Middle East to join a U.S.-led coalition to protect shipping in the Strait of Hormuz amid heightened tensions with Iran.
