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Tag: Xi Jinping

US tariffs on Chinese goods are pesky, but manageable

Ace Hardware CEO John Venhuizen told CNBC on Friday that the ongoing U.S.-China trade war is more of a nuisance than an overwhelming issue. “From our lens, in the short term, they are pesky, they are frustrating, but they are manageable,” Venhuizen said when speaking about tariffs on “Squawk on the Street.” Retailers have been …

US tariffs on Chinese goods are pesky, but manageableRead More

European markets mixed amid US-China trade developments

European markets opened mixed on Tuesday as investors await updates on a potential U.S.-China trade deal and monitor economic developments. The pan-European Stoxx 600 hovered fractionally below the flatline in early trade, with basic resources stocks jumping out to 1% gains while utilities fell 0.9% to lead losses. Asian shares rose during Tuesday’s session, following …

European markets mixed amid US-China trade developmentsRead More

US-China ‘phase one’ deal is not a win for apparel industry, AAFA says

US President Donald Trump speaks after announcing and initial deal with China while meeting the special Envoy and Vice Premier of the People’s Republic of China Liu He at the Oval Office of the White House in Washington, DC on October 11, 2019. Nicholas Kamm | AFP | Getty Images As the U.S. and China …

US-China ‘phase one’ deal is not a win for apparel industry, AAFA saysRead More