The White House’s tariffs have been well received, Donald Trump told Kristen Welker, of NBC News, last week, adding that the stock market had just hit a new high. Trump was right about the market, but he didn’t mention why investors were bidding up the S. & P. 500 and Nasdaq to unprecedented levels despite…
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China’s exports saw a stronger-than-anticipated increase in June, according to official data released Monday. The rebound comes after a tentative agreement between Washington and Beijing to ease steep tariffs imposed during their prolonged trade dispute, News.Az reports, citing foreign media. Data from the General Administration of Customs said exports climbed 5.8 percent year-on-year, topping the…
Hong Kong is striving to enhance its connectivity with countries under the Belt and Road Initiative by increasing flight frequencies to strategic destinations such as Xinjiang, Riyadh and Dallas, as well as launching new direct routes to second-tier Asean and Middle Eastern locations, the city’s chief for the national plan has said. In an exclusive…
Difficulty: Challenger (Level 2) Sze Kwong-yik is part of a group of Hong Kong breakdancers who want to show the city’s talent to the world. Known as B-boy Sosze, the 29-year-old has been breaking for nearly 18 years. He is one of six male breakers on the Hong Kong team that is hoping for a…
What to know as home prices show signs of cooling off – CBS News Watch CBS News For years, the U.S. housing market has boomed, pricing many out of their financial comfort zone and the market. Now, home prices are showing signs of cooling off. CBS News New York’s Ali Bauman has details for buyers…
Trump announces tariffs on European Union, Mexico starting in August – CBS News Watch CBS News President Trump issued new threats in his global trade war, aiming at two more of America’s biggest trading partners on Saturday. Willie James Inman reports. Be the first to know Get browser notifications for breaking news, live events, and…
The flags of the European Union fly in front of the European Parliament. Philipp von Ditfurth | dpa | Picture Alliance | Getty Images President Donald Trump said Saturday the U.S. will impose a 30% tariff on goods from the European Union and Mexico that will take effect on Aug. 1. Trump revealed the new…
Speaking to Chinese media on Saturday, Wang said the talks had helped to manage US-China differences as the rival powers seek to manage tensions amid rising trade frictions. Both sides recognised that they represented the most important bilateral relationship in the world, with an impact beyond their respective borders, he added. “The meeting was constructive,…
Global backlash grows to Trump’s tariff threats – CBS News Watch CBS News President Trump on Thursday threatened to impose a 35% tariff on Canadian goods beginning Aug. 1. Mr. Trump’s latest salvo came after he also threatened tariffs on a number of other countries earlier in the week, including Japan and South Korea. Kelly…