03 Dec 2020

Foxconn to shift some Apple production to Vietnam to minimise China risk

At the request of Apple Inc., Foxconn is moving the production of iPads and MacBooks from China to Vietnam, allegedly to mitigate the risks presented by China and the Sino-US trade war. Apple is seeking to diversify its production and move a significant portion of its overseas assembly from China

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19 May 2020

A US-China trade war is the last thing the world economy needs now

As the global economy suffers as a result of COVID-19 lockdowns and restrictions, the pandemic has also renewed tensions between the US and China, creating instability in what was already a fragile truce on trade between two of the biggest world economies. The pandemic has left the global economy in

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07 Nov 2019

China says it has agreed with US to cancel tariffs in phases

After more than a year and a half of heightened US-China trade tensions, both countries have finally come to an agreement about phasing out the tariffs that were imposed as part of the conflict, a spokesperson for the Chinese Ministry of Commerce announced on Thursday. China and the US are

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06 Aug 2019

Your Strategy For This Stage Of The U.S.-China Trade War

What should your business do in response to the current situation between the U.S. and China? The short answer is to stay agile! We provide tips on what do do in this special report.

Although trade tensions with China have been brewing for decades, the U.S. began accelerating actions in response in early 2017 and began announcing tariffs in July 2018. Since then there have been multiple rounds of trade negotiation and actions on both sides designed to influence the other to a successful outcome. The most recent action has been an early August announcement by President Trump that a 10% tariff would be placed on an additional $300 Billion worth of products imported from China since China continues to break promises made in negotiations. The new tariffs will go into effect September 1, 2019. This is on top of the already levied 25% tariffs on $250 billion in Chinese imports.

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24 Jun 2019

US Adds AMD Joint Venture to Entity List

In the latest episode in the technological cold war between the US-China, the US Department of Commerce has added five Chinese organizations to its list of foreign entities that are considered a security risk. The list was established last month when US President Donald Trump signed an executive order enabling

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20 Jun 2019

Xi Jinping Arrives in North Korea, With Many Eyes on Trump

Chinese President Xi Jinping arrived in North Korea on Thursday for a meeting with North Korean leader Kim Jung-un. The occasion is significant not just because it’s the first visit to North Korea by a Chinese leader in 14 years, but also because it takes place at a time of

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03 Jun 2019

China Threatens To Blacklist U.S. Firms Refusing To Supply Huawei

China continues to retaliate against recent US sanctions targeting Huawei and other Chinese firms. Last Friday, Beijing threatened to blacklist US companies that comply with those sanctions. A week before that, China had issued a draft bill ordering Chinese firms that want to buy “network products and services that affect

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05 Mar 2019

Trump targets India and Turkey in trade crackdown

Just as the US-China trade war seems to be coming to an end with both countries working to finalize a new trade agreement, the US government has announced significant unilateral changes in its trade relations with India and Turkey. US President Trump stated that his administration is ending the preferential

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25 Feb 2019

Donald Trump delays tariff hike on Chinese goods, sending stock markets soaring

US President Donald Trump on Sunday night announced that his administration will be delaying an increase in trade tariffs with China, which was bound to occur after 1 March in the absence of a new trade deal between the two countries. Trump claimed that “substantial progress” has been made in

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08 Feb 2019

No talks between Trump and China’s Xi before trade deadline

Contrary to a statement made by the U.S. president last week, Donald Trump has now said that he will not be meeting with his Chinese counterpart Xi Jinping before March 1, which is the deadline set by both leaders for the negotiation of a new trade deal between their countries. President

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