The Dow Jones saw a steep drop of 700 points after a threat from Beijing to slap new tariffs on billions of dollars in American goods, and a harsh response from US President Donald Trump, but picked up before ending 621 down. [...]
US President Donald Trump has announced yet another major hike of existing and future tariffs on some $550 billion in Chinese goods, criticizing Beijing’s attempt to offset the losses as ‘unfair’ and ‘politically motivated.’ [...]
The world’s two most innovative companies this year are both from Asia, with Chinese tech platform Meituan Dianping unseating 2018 champion and Silicon Valley giant Apple, according to ratings by US business magazine Fast Company. [...]
The International Monetary Fund (IMF) has warned trade war rivals, China and the US, that hiking tariffs only harms both domestic and global growth. The IMF also noted that manipulating exchange rates also doesn't work. [...]
The Russian capital's main air hub – Sheremetyevo International Airport – has been voted world’s best in a rating by UK-based luggage service provider Stasher, beating London’s Heathrow, Amsterdam’s Schiphol, and New York’s JFK. [...]
US President Donald Trump is essentially buying votes with money from American taxpayers after his aggressive tariff policy on China boomeranged on US farmers, Professor Richard Wolff has told RT. To compensate for lost crop sales to China, the Trump administration announced aid for farmers, expected to total $28 billion. [...]
Beijing has blasted US President Donald Trump’s claims that China is a “currency manipulator,” and promised to halt the import of US agricultural goods after the White House announced plans to slap 10 percent tariffs on $300 billion of Chinese imports from September. [...]
The Trump administration is putting the US on a dangerous course by not assessing the long-term risks in the ongoing trade war with China, analysts told RT as tensions flare between the world's biggest economies. [...]
Donald Trump made it a banner promise of his presidency to stop the US being abused as the world’s “piggybank” – but not all foreign powers seem to be cowed into submission by his assertive style of foreign economic policy. [...]
Earlier this month, a report by the Information Technology and Innovation Foundation issued a warning that a clampdown on US tech exports would put as much as $56 billion in export revenue and 74,000 jobs at risk over the next five years. [...]
Newly surfaced cellphone footage captures the moment in which a passenger aboard a Los Angeles-bound American Airlines flight on Sunday opted to lay hands on her partner, who reportedly had wandering eyes. [...]
Huawei has laid off around 70 percent of staff at its Futurewei Technologies research arm in the US. Despite recent signals that Washington was easing pressure on the Chinese tech giant, the ban is still in force. [...]
The leader of the world’s container port rankings, Yangshan Port, works around the clock to secure its top position and boost China’s trade connections. RTD’s new film offers a glimpse inside the massive facility. [...]
Huawei is spearheading the quantum communication technology in a bid to build "unhackable" networks. Cyber security experts have discussed whether the tech giant's efforts would make US eavesdropping techniques, once described by Edward Snowden, obsolete. [...]
The trade volume between Russia and China is expected to continue to accelerate and reach new heights, doubling the current record level of $108 billion, the Russian economy ministry says. [...]
Chinese telecom giant Huawei has secured more than 50 commercial contracts for 5G across the world, according to the company’s board member and Senior Vice President Catherine Chen, who was cited by news agency Xinhua. [...]
Iranian forces came to the aid of an oil tanker stranded in the Persian Gulf, a foreign ministry spokesman has said. The tanker is presumed to be the same Panama-registered vessel missing from radar screens since Saturday. [...]
The president earlier threatened to slap tariffs on the remaining $300 billion in Chinese goods coming into the United States unless Chinese President Xi Jinping agreed to meet with him at the G20 meeting in Osaka, Japan to hammer out a trade deal favourable to Washington. [...]
he world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. [...]
The worsening trade conflict between the world’s two largest economies, the United States and China, could send the global economy into recession within three fiscal quarters, research by investment bank Morgan Stanley has found. [...]
China has managed to outperform the US and the UK in a German ranking of the world’s most reliable trade partners, compiled from the latest survey of 2,000 German companies by Frankfurt-based Commerzbank. [...]
The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state media reports. [...]