Asian firms shuffle production around region as China tariffs hit
A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports......»»
Asia shares struggle for footing after rough virus-scarred week
Asian share markets fought to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases, mounting deaths, flight suspensions and production pauses at factories......»»
The Tell: S&P 500 companies are complaining about tariffs despite Trump trade deal
Major U.S. stock benchmark indexes climbed steadily in the lead up to the signing earlier this month of a U.S. - China trade deal, but many large U.S. firms do not share investors’ optimism......»»
Coronavirus outbreak may disrupt Apple"s iPhone production ramp up plans: Nikkei
Apple Inc's plan to ramp up iPhone production by 10% in the first half of this year may hit a roadblock as the coronavirus outbreak spreads across China, the Nikkei Asian Review reported on Tuesday......»»
Metals Stocks: Gold struggles to hold above support level at $1,550 as China flu seen spreading
Gold futures trade slightly lower Thursday but hold above an important technical level as investors watch the spread of a fast-moving influenza to Singapore during Lunar New Year, a key travel and gold-buying period in the Asian region......»»
Asian Stocks Mixed, Futures Edge Higher, As US, China Sign Trade Deal That Won"t Eliminate All Tariffs
Markets in Asia remain mixed on Thursday .....»»
Trump could still slap tariffs on China, expert warns
China would have to buy a "crazy amount" of U.S. goods and services to fulfill its commitments in the deal, said Deborah Elms, executive director of Asian Trade Centre......»»
Trump could still slap tariffs on China after signing "phase one" trade deal, expert warns
China would have to buy a "crazy amount" of U.S. goods and services to fulfill its commitments in the deal, said Deborah Elms, executive director of Asian Trade Centre......»»
Stocks tick lower ahead of U.S.-China "Phase 1" trade deal signing
Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary that tariffs would remain in place for now......»»
Stocks slip ahead of U.S.-China trade deal signing
Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary that tariffs would remain in place for now......»»
Stocks tread water ahead of signing of initial U.S.-China trade deal
Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary's that tariffs would remain in place for now......»»
Trump’s trade deal with China won’t give many U.S. companies relief, as most tariffs will remain
Many firms thought import penalties would be lifted quickly, but Trump has signaled keeping some for future leverage.....»»
China"s November industrial profits rebound, but soft demand still a risk
Profits at China's industrial firms in November grew at the fastest pace in eight months, breaking a three-month declining streak, as production and sales quickened, but broad weakness in domestic demand remains a risk for earnings next year......»»
Companies have dodged Trump"s tariffs in China, undermining a key argument for the trade war
Reuters President Donald Trump has argued that his trade dispute with China would bring business back to the US. But European firms who operate there said they have instead been forced.....»»
China maintains tariffs must be reduced for phase one trade deal with U.S.
Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Asian nation's commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal......»»
US pork industry sees $25 billion China market without tariffs
U.S. pork producers see a potential $24.5 billion market in China within 10 years if the Trump administration can gain unrestricted trade access after the Asian country’s hog herd has been devastated by disease......»»
Factbox: The world"s biggest electric vehicle battery makers
Asian companies dominate the market for electric vehicle (EV) batteries and they are expanding their production capacity in Europe, China and the United States in a fight to win lucrative contracts from global automakers......»»
U.S. pork industry sees $25 billion China market without tariffs
U.S. pork producers see a potential $24.5 billion market in China within 10 years if the Trump administration can gain unrestricted trade access after the Asian country’s hog herd has been devastated by disease......»»
Americans, not Chinese, pay Trump tariffs: NY Fed study
When the Trump administration imposed tariffs on Chinese imports last year, officials insisted China would pay the cost - implying Chinese firms would have to cut their prices to absorb import "taxes" of up to 25% when the goods hit U.S. shores......»»
China holding in-depth talks with U.S. on phase one of trade deal
China and the United States are holding in-depth discussions on the first phase of a trade pact, and cancelling tariffs is an important condition to reach a deal, the Asian giant's commerce ministry said on Thursday......»»
Asia Markets: Asian markets tumble as Trump threatens more tariff hikes on China
Asian markets fell Wednesday after President Donald Trump offered no new details about progress toward a trade deal between the U.S. and China, but also warned tariffs would rise if a “Phase 1†deal fails......»»