• Trade war delaying Chinese automaker's US plans

    7 monthes ago - By Chron

    DETROIT - Chinese automaker GAC Motor says the U.S.-China trade war has delayed its plans to enter the American market.
    Company President Yu Jun said Monday at Detroit's North American International Auto Show the dispute is a factor in moving its U.S. product launch from the end of this year to the first half of 2020.
    At its fifth Detroit show, GAC unveiled a concept called the Entranze. The "hyper family car" comes from GAC's Los Angeles design center, one of three such U.S. facilities.
    President Donald Trump imposed tariff increases of up to 25 percent on $250 billion of Chinese imports...
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  • The outlook for American soybeans remains 'bleak' in wake of Trump's trade war

    The outlook for American soybeans remains 'bleak' in wake of Trump's trade war

    7 monthes ago - By Business Insider

    China has agreed to continue purchasing US soybeans .
    Still, economists say it might be too late for the sector to get back to pre-trade-war conditions.
    Watch soybeans trade live.
    When the US and China agreed to a trade-war ceasefire in December, farmers breathed a sigh of relief. But economists say the soybean industry won't entirely recover.
    Even after Beijing agreed in trade talks with Washington to resume American soybean purchases, prices of the legume are still down more than 7% from a year earlier and aren't expected to improve anytime soon.
    "The upshot is that the outlook for US...
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  • Market Turmoil Hurt Citi's Revenue as '18 Ended, Signaling Possible Trouble

    7 monthes ago - By NY Times

    The first of the largest United States banks to report earnings for last year's fourth quarter warned that Fed policy and the trade war between the United States and China were creating new risks.
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  • China Is Losing The Trade War In Nearly Every Way

    7 monthes ago - By Forbes

    China trade numbers are worse than anyone imagined. Meanwhile, American exporters to China lose billions.
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