US-China Trade War

The People's Republic of China is cutting tariffs on hundreds of the United States imports worth about $75 billion by half, the country's Ministry of Finance said in a statement Thursday. What Happened The goods whose import was taxed at 10% will be reduced to 5%; the goods taxed at 5%...

After nearly three years of discordant trade talks between the U.S. and China that have stifled growth and investment in both nations while sending financial markets into a frenzy, the U.S. and China have finally reached ‘phase one' of a trade agreement. This first phase was signed by both parties...

Everything from driverless trucks, the U.S. tariff war with China and the growth of ocean ports was discussed during the opening day of the National Industrial Transportation League (NITL) Transportation Summit in San Antonio. The 2020 NITL summit is being held through Wednesday. The summit brings...

Chinese telecom giant Huawei Technologies Co. Ltd. is collaborating with Dutch digital maps supplier TomTom NV (OTC: TMOAF) to make an alternative to Google Maps for its phones, according to Reuters. What Happened Huawei can now use the Dutch digital mapping company’s maps, traffic...

Soybean bulls hoping for an upward jolt to break out of a recent consolidation range likely were disappointed this week. Agricultural futures moved lower this week, despite the Trade War Phase 1 deal between the U.S. and China as well as the passage of the USMCA agreement in the Senate –...

The Republic of Korea's central bank on Friday said that it is keeping its lending rate at 1.25% as the country's economy shows signs of recovery. What Happened The Bank of Korea, in its first such announcement this year, said that the "sluggishness" in the domestic economy...

China's economy grew by 6.1% in 2019, the National Bureau of Statistics of China said Friday. What Happened This is the slowest annual growth for China's gross domestic product since 1990, when international sanctions following the Tiananmen Square Massacre weakened the country's...

The signing of the Phase One trade pact between the U.S. and China on Wednesday is a clear positive for ocean shipping demand. But the sentiment overhang on shipping equities will likely linger. There's still too much uncertainty on future trade relations between the two countries. China is...

The earnings parade has started on a positive note and that could be providing momentum early Thursday as markets appear set to re-test record highs. Morgan Stanley (NYSE: MS) became the latest big bank to open its books Thursday morning as the company easily beat analysts’ estimates on...

After continued market choppiness and rising tensions, the U.S. and China have signed a trade deal that temporarily puts economic conflict on a pause. However, concern remains that this deal may not ease trade tensions for long, with numerous issues still unresolved and tariffs still lingering. But...

President Donald Trump and Chinese Vice Premier Liu He signed the Phase One trade deal on Wednesday during a ceremony at the White House. Trump said the deal will result in China greatly expanding imports from the U.S. "This increase will make important progress in rebalancing the United States-...

The United States will no longer consider China a currency manipulator, according to media reports. The move helps pave the way for a trade deal the countries are expected to sign in the coming days. Bloomberg said Monday that Trump administration sources said the Treasury Department will lift the...

The United States and China could sign the long-awaited Phase 1 trade agreement shortly after Jan. 15, according to Reuters. What Happened U.S. President Donald Trump said on Thursday that the proposed trade deal between the United States and China scheduled to be signed on Jan. 15 could be...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. For the first time since the summer of 2017, TD Ameritrade’s Investor Movement Index (IMX) posted its third consecutive increase to...

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