Asian firms shuffle production around region as China tariffs hit

Asian shares vaulted to six-month highs on Tuesday, surpassing their July peaks, as hopes that Washington may roll back some of the tariffs it has imposed on imports from China shored up optimism on the global economic outlook......»»

There has been "plenty of evidence" of companies seeking to shift production out of China into countries among the Association of Southeast Asian Nations, says Clive McDonnell of Standard Chartered Private Bank......»»

China's third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support......»»

Oil prices edged up on Wednesday as Turkey launched an offensive in Syria that could disrupt crude production in the region and on hopes of progress in ending the U.S.-China trade war, but a build in U.S. crude inventories limited gains......»»

Fitbit Inc will manufacture all its trackers and smart watches outside China from January, the wearable device maker said on Wednesday, the latest U.S. company looking to insulate itself from tariffs......»»

Fitbit says production of trackers and smartwatches will be done outside of China beginning in January 2020......»»

World energy consumption is projected to grow 50% by 2050 and, with it, natural gas production in Texas, according to a new report by the U.S. Energy Information Administration. Economic growth in Asian countries, particularly China and India, is pro.....»»

The loss of production capacity following weekend attacks on Saudi Arabian oil production facilities and increasing tensions in the region highlighted the outsized impact the kingdom's oil supply has on China, which is already facing wo read more.....»»

Asian shares were generally higher after U.S. President Donald Trump said he will delay increasing tariffs on $250 billion of Chinese goods as "a gesture of good will.".....»»

Asian shares were generally higher after U.S. President Donald Trump said he will delay increasing tariffs on $250 billion of Chinese goods as "a gesture of good will.".....»»

The latest Amcham survey shows that some U.S. firms in China are speeding up their move away from the mainland as increasing tariffs bite......»»

Asian markets were a mixed bag Monday as the latest round of tariff hikes in the U.S.-China trade war took effect......»»

Wall Street stock futures weakened in early trade on Monday, setting a dour tone for Asian markets after tit-for-tat tariffs between the United States and China took effect, reinforcing investors' gloomy expectations for global growth prospects......»»

Higher import tariffs in China and other challenges could offset Tesla’s recent ratings upgrade and its improved outlook for Model 3 production. Photo illustration: Laura Kammermann.....»»

Hours after China announced retaliatory tariffs on U.S. goods on Friday, President Donald Trump ordered U.S. companies to "start looking for an alternative to China, including bringing your companies HOME and making your products in the USA."......»»

U.S. President Donald Trump said on Friday he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion worth of U.S. goods, in a new twist in the bitter trade war between the world's two largest economies......»»

The owner of the only U.S. rare earths mine is going on a hiring spree as it looks to significantly boost production, part of a strategy to build out American refining capability after China raised tariffs on the minerals amid an escalating trade war......»»

President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession......»»

U.S. President Donald Trump on Friday said he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, throwing a new twist into the bitter trade war between the world's two largest economies......»»

A U.S. cabinet maker will move its production to Lancaster County from China and establish its headquarters in a former Duracell building in that county. Adornus Cabinetry, which makes stylish frameless cabinets and other products for the home, w.....»»