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Trump Administration Adds Xiaomi, Cnoonc To List Of Blacklisted Chinese Firms In Last Days of Office
Friday, January 15, 2021 - 3:36am | 974The outgoing President Donald Trump’s administration continues to add pressure on China even as its term nears an end. In the latest move, U.S. has added China’s leading smartphone maker Xiaomi Corp (OTC: XIACF) and its third-biggest driller CNOOC Ltd (NYSE: CEO) to...
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Trump Administration Issues New Order Clarifying Investment Ban Against Chinese Companies
Thursday, January 14, 2021 - 2:50am | 749The outgoing President Donald Trump's administration continues to put pressure on China as it nears the end of its term. Trump issued an amended executive order that clarifies the ban on investment in companies tied to the Chinese military, Bloomberg reports. What Happened: The...
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Top Us Banks To Remove Hong Kong listed Products With Exposure To Sanctioned Chinese Companies
Monday, January 11, 2021 - 7:17am | 703Top U.S. banks like JPMorgan Chase & Co (NYSE: JPM), Goldman Sachs Group Inc (NYSE: GS), and Morgan Stanley (NYSE: MS) will delist structured products listed on the Hong Kong stock exchange, according to a Financial Times publication on...
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In A Major U-Turn, NYSE Says Will Not Delist China's Major Telecom Operators
Tuesday, January 5, 2021 - 1:20am | 575In an unorthodox twist, Intercontinental Exchange Inc (NYSE: ICE)-owned New York Stock Exchange is reversing its decision to delist China Mobile Ltd. (NYSE: CHL), China Telecom Corporation Limited (NYSE: CHA), and China Unicom Hong Kong Limited (...
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China Threatens Retaliation Against NYSE Move To Delist Country's Major Telecom Operators
Monday, January 4, 2021 - 3:11am | 396The trade tensions between Beijing and Washington have flared up again as the New York Stock Exchange moves to delist China’s three large telecom carriers, the Associated Press reports. What Happened: The Wall Street Journal notes that NYSE’s move complies with outgoing President...
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Will US-China Relationship Improve Under Joe Biden?
Monday, November 9, 2020 - 8:11am | 543The world's two largest economies, U.S. and China, have been hostile towards each other after President Trump's tough protectionist stance. The hostility led to both imposing tariffs on imported goods and restricting the export of specific technologies. The two countries signed a Phase...
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US Did Not Benefit From Trade War With China: WSJ
Monday, October 26, 2020 - 5:46am | 346President Donald Trump's trade war with China did not achieve the objective of boosting manufacturing in the U.S., the Wall Street Jornal reports. What Happened: Manufacturing activity in the U.S. has not reversed despite billions of dollars in tariffs to discourage...
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The Trade War And A Changing Market For Soybeans
Friday, September 4, 2020 - 6:08am | 672As the 2020/21 USDA marketing year begins for U.S. soybeans, exports of the commodity appear to be entering positive territory. The USDA reported that on August 26, China purchased 400,000 metric tons of U.S. soybeans. That's one reason the agency now forecasts U.S. soybean exports to rise $4....
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Alibaba, Tencent Among Stocks Hit By US-China Tension; Jobs Number A Step In Right Direction
Friday, August 7, 2020 - 9:14am | 2511Investors might be breathing a sigh of relief as Friday’s jobs report didn’t sound too many alarms about the U.S. economy. At the same time, there could be some rough water to navigate on the way to the weekend as China tension mounts and wheels spin in Washington. The U.S....
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Commentary: Trade Flow And The Warning Flares It Signals
Thursday, May 14, 2020 - 1:44pm | 1134The U.S. trade war with China and COVID-19 have reshaped the flow of supply and demand. While the trade war shifted the movement and volume of goods, the coronavirus has impacted the buying behavior of consumers. Now with the world in various stages of reopening, the big question that remains is...
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Commentary: April Fools! Who's The Loser In Phase One?
Wednesday, April 1, 2020 - 8:24am | 838The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. April Fools' Day jokes span from the funny to the mean spirited. In the case of the Phase One trade deal the results are a joke but at the United States' expense....
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China's 'Regionalization' Agreement To Benefit US Poultry Exports
Tuesday, March 24, 2020 - 1:00pm | 516The U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS) announced that it has reached a "regionalization" agreement with China for the safe trade of poultry products during disease outbreaks. "This agreement will help our farmers and ranchers by maintaining export...
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US Lets Up On Import Tariffs For Chinese Medical Supplies
Monday, March 23, 2020 - 12:17pm | 478The White House's trade negotiating office assured U.S. medical supplies importers that it will not impose import tariffs on Chinese products such as ventilators, oxygen masks and nubilators during the coronavirus (COVID-19) pandemic. "Throughout the process of administering its Section 301 action...
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The Sustainable Energy Heroes Who Are Resisting A Tough Macroeconomy
Wednesday, March 4, 2020 - 11:45am | 11572019 set quite a few records when it comes to stock market growth. And this is despite the tensions caused by Brexit and and the USA-China trade war saga. But the energy industry suffered some dramatic movements due to all this drama. And by energy industry, we mean the total of all companies...