U.S. and China continue tariff fight
Oklahoma State University professor Sunderesh Heragu joins LiveNOW’s Austin Westfall to discuss the evolving economic … source
China foreign minister says Trump’s tariffs reveal ‘extreme egoism’ as he speaks out against protectionism
Panelists Ben Levishorn, Jacob Sonnencine and Megan Leonhard look at the recycling trends and share their top stock picks in “Baron’s Round Table.” China’s foreign minister King said on Friday that Beijing supported international rules regarding tariffs imposed by US President Donald Trump, and that US taxation indicates “extreme egoism.” The Foreign Minister made comments […]
China drops tariffs on US semiconductors, weighs more exemptions: reports
According to reports, China has quietly exempts some semiconductors from tariffs and is considering exclusion of more of certain US industries. Taxes on at least eight classifications of US microchips have been reduced to zero. This has dropped significantly from China’s 125% retaliatory tariffs on all other US goods, Caijing reported Friday. The article was […]
Apple to Shift All U.S. iPhone Assembly from China to India
Apple plans to move all iPhone assemblies for sale in the US from China to India by the end of 2026. Financial Times. Financial Times Report Apple aims to source the entire US iPhone supply from India soon next year, with a major pivot driven by the ongoing trade war between the US and China. […]
Rules on self-driving cars loosened in bid to challenge China
The Trump administration will allow self-driving vehicles to be exempt from several safety regulations for testing amid efforts to compete with China, Transport Secretary Sean Duffy said Thursday. According to a letter from the National Highway Traffic Safety Administration, U.S. developers of motor vehicles are now able to access the exemption program for non-commercial purposes, […]
Feds launch probe of UC Berkeley over hiding millions in funding from China, other countries
WASHINGTON – The Department of Education has launched an investigation into the University of California, Berkeley. On Friday, they were unable to report Chinese funds from China after allegedly violating federal law because they failed to report hundreds of millions of dollars in foreign funds from China. UC Berkeley raked $220 million from Chinese government […]
Apple to shift most US iPhone production to India by 2026 to avoid China tariffs: reports
Apple reportedly plans to shift production of most of its iPhones it sells in the US to its Indian factories by the end of 2026. CEO Tim Cook’s company aims to dodge massive tariffs on Chinese imports. The Cupertino, California-based company has already added manufacturing capacity in India in recent years, but has accelerated these […]
China Mulls Tariff Exemptions for Select US Goods: Reports Reveal
China is contemplating the possibility of exempting select imports from the US from the 125% tariffs it enacted earlier this month as the retaliatory measures between the two largest economies persist. Several sources reported this on Friday. Chinese officials are deliberating the possibility of increasing import duties on certain chemicals, including medical instruments and ethane. […]
China is teaching Trump some tough lessons on trade
China is trying to pass President Trump to his head. Trump’s tariff efforts to submit to bully China are already brilliantly wrong. Far from being threatened, China is being encouraged by a new sense National Purpose. For those who had a bit of understanding China’s history, this was all completely predictable. The first Opium War […]
China Cheers on Trump’s Iran Talks, Supports Tehran Nuclear Program
The Chinese king said on Wednesday that Iran’s Foreign Minister Abbas Aragut during his latter visit to Beijing, the Chinese Communist Party supported continued talks between Iran’s terrorist state and President Donald Trump’s administration, supporting Iran’s illegal nuclear program. In his remarks, the king, along with his Iranian counterparts, argued that Iran had the “right […]