President Donald Trump and Japanese Prime Minister Shinzo Abe agreed Wednesday to start trade talks in an arrangement that, for now, protects Japanese automakers from further tariffs, seen as a major threat to the export-dependent economy.
Ford Motor Co Chief Executive Officer James Hackett said on Wednesday that metals tariffs are costing the carmaker $1 billion.
Serena Williams will not play again in 2018 after withdrawing from the China Open that gets underway on Oct. 1 in Beijing.
The former White House aide posted the tweet to express her reaction on Trump getting laughed at the UN.
The Chinese economy is in the midst of a long-term restructuring that has seen the decline of low-end industries and the emergence of higher-value factories that make robotics and drones.
Beijing and Washington are locked in an increasingly bitter trade war and are increasingly at odds over other issues, such as U.S. support for self-ruled Taiwan which China claims, and U.S. sanctions on China's military for buying Russian weapons.
Major players, including Target, Walmart, Dollar Tree, Kohl's, Macy's, and Sears, stand together, while trying to avoid creating a political divide.
A Chinese source has claimed that Samsung’s rumored Galaxy P30 smartphone won’t come with an in-display fingerprint reader.
Trump’s top trade official said on Tuesday that changing China’s economic policies to become more market-oriented “is not going to be easy” even with tariffs now in place on $250 billion worth of Chinese goods.
U.S. fashion group Michael Kors has agreed to buy Versace in a deal valuing the revered designer at $2 billion including debt, the companies said on Tuesday, making it the latest Italian brand to fall into foreign hands.
The Samsung Galaxy P30 and Galaxy P30+ are also rumored to arrive with in-display fingerprint sensors.
Ahead of its release, Apple has decided to shift more orders of the iPhone XR to Foxconn from Pegatron.
The US and China once again exchanged fire in their escalating trade war. Tariffs have been the main source of ammunition thus far, but China has other weapons it could begin to deploy.
Amazon could spend as much as $3 billion on Amazon Go locations if it proceeds to open 3,000 stores, according to an analysis.
When the talks can restart would depend on the "will" of the United States, Vice Commerce Minister Wang Shouwen said at a news conference.
U.S. military sales to self-ruled Taiwan, which China claims as its territory, is an irritant in the relations between the world's two largest economies.
U.S. President Donald Trump decided in May to abandon the pact and to restore economic sanctions on Iran, including those that seek to force the OPEC member's major oil customers to stop buying Iranian crude.
All economists polled by International Business Times expect the U.S. Federal Reserve to raise its benchmark Fed Funds Rate by 25 basis points to 2.0-2.25 percent.
Rafael Nadal sustained a knee injury during his semi-final clash against Juan Martin del Potro at the 2018 US Open.
Beijing also said it was willing to restart trade negotiations with the United States if the talks are "based on mutual respect and equality," according to a white paper on the trade dispute published by China's State Council.
U.S. tariffs on $200 billion worth of Chinese goods and retaliatory tariffs by Beijing on $60 billion worth of U.S. products will come into effect Monday.
The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing’s response to the latest round of tariffs, a senior White House official said on Friday.
