Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia edged up Monday afternoon as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.Europe Politicsread more
President Donald Trump on Thursday said he has "no doubt" that Chinese President Xi Jinping could bring an end to the unrest in Hong Kong by meeting face to face with the protesters.
Trump said this in a tweet Thursday morning, less than a day after he first appeared to propose that a "personal meeting" between himself and Xi could bring a speedy end to "the Hong Kong problem. "
All aspects of the U.S.-China relationship have come under intense scrutiny, as the escalating trade war between Beijing and Washington roils global markets and tensions ratchet up between mainland China and protesters in semiautonomous Hong Kong.
Trump has been criticized for taking an ambiguous stance on the Chinese government's action in Hong Kong, where hundreds of thousands of people have taken to the streets originally to protest a divisive extradition bill supported by Beijing.
Meanwhile, the U.S. and China have both upped the ante in the ongoing trade war between the world's two biggest economies.
In early August, Trump announced he would slap 10% tariffs by September on the remaining $300 billion or so worth of Chinese imports not subject to levies.
The admission Tuesday from Trump, who has long claimed that his tariffs only helped the U.S. at China's expense, sent the market soaring. The next day, however, the president claimed "the American consumer is fine with or without the September date, but much good will come from the short deferral to December."
The U.S. has already imposed 25% tariffs on about $250 billion worth of Chinese goods, while China has fired back by slapping duties on about $110 billion in U.S. imports.
After Trump threatened to put tariffs on the remaining balance of Chinese imports, Beijing announced it would no longer buy U.S. agricultural products — a major blow to farmers who were already hurting from the trade war. The U.S. followed by labeling China a currency manipulator.
China on Thursday threatened further retaliation if new U.S. tariffs go into effect Sept. 1, as they're largely still planned to do.
A few hours after the initial statement, a spokesperson for the Chinese Foreign Ministry took a softer tone, saying Beijing hopes to "meet the U.S. halfway" on trade issues.