The U.S. and China are set to add taxes to imported goods in an unprecedented commerce battle that could rattle markets, cripple trade and sour relations.
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Posted inBusiness, Nation & World
Face-scanning technologies turn businesses’ attention to moral questions
The all-seeing devices have many valuable uses, but some companies are uneasy about selling them for doing such tasks as military activity, spying on citizens or lie detection.
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Posted inBusiness, Nation & World
Consumer boycotts of U.S. brands in China could backfire
If President Xi uses them as a trade war weapon, he would be risking collateral damage at home because so many companies are partly owned by Chinese firms.
Posted inNation & World
Panda conservation boosts economy, study suggests
A report published in the journal Current Biology highlights the economic benefits that go hand in hand with conservation of the panda’s habitat.
Posted inBusiness, Nation & World
EU prepares to slap tariffs on American products
And the highest-stakes fight still looms if the conflict beween the U.S. and China escalates.
Posted inBusiness, Nation & World
U.S.-China trade war carries big risks for both countries, and for global growth
If implemented, tit-for-tat tariffs would ripple through the world’s two largest economies, as evidenced by Tuesday’s falling stock markets, and the damage could spread.
Posted inBusiness, Local & State, News
China’s threatened tariff on lobster from U.S. has Maine’s industry on edge
It could put lobstermen at a price disadvantage of as much as 45% in their biggest overseas market, threatening a drop-off in sales that would ripple across the state’s economy.
Posted inBusiness, Nation & World
U.S. deal with China’s ZTE includes $1 billion fine
But critics question Trump’s decision to relax the punishment on the Chinese telecom company.
Posted inBusiness, Nation & World, Politics
U.S. renews threats of retaliation against China for unfair trade practices
Analysts say the moves could be part negotiating strategy and part appeasement aimed at congressional critics of Trump’s deal allowing Chinese telecom giant ZTE Corp. to stay in business.
Posted inBusiness, Nation & World
U.S.-China trade dispute begins to take toll on both sides
More talks aimed at resolving the conflict are planned for next week in Washington.