For the first time, the Trump administration is imposing economic penalties on a Chinese company for importing Iranian oil, a decision certain to add to tensions between Washington and Beijing.
Tag: International Trade and World Market
‘If You Obey, You Will Be Safe’: Audio Emerges of Iran and U.K. Exchanges Before Tanker Is Seized
A British warship tried without success to stop the capture of an oil tanker near the Strait of Hormuz, a recording released on Sunday showed.
South Korean Dies After Self-Immolation at Japanese Embassy in Seoul
Anti-Japanese sentiment in South Korea has often led to dramatic protests in front of the embassy. The two countries are currently locked in a bitter trade dispute.
Japan Cites ‘National Security’ in Free Trade Crackdown. Sound Familiar?
Tokyo has moved to limit exports of chemicals to big South Korean chip makers like Samsung, citing vague threats to Japan’s security. Seoul says a political dispute is the real reason for the move.
China’s Economic Growth Hits 27-Year Low as Trade War Stings
Rising tariffs on Chinese goods sold to the U.S. are taking an increasing toll, but the country is also suffering from cracks in its financial system.
China Vows Sanctions on U.S. Firms Selling Arms to Taiwan
More actions against American companies could signal Beijing’s appetite for greater conflict as the trade war enters its second year.
Trump’s Asia Gamble: Shatter Enduring Strategies on China and North Korea
Trump officials are pursuing unorthodox Asia policies that are winning more support across Washington, including from some Democrats. But the moves could deepen conflicts.
A Koch Executive’s Harassment in China Adds to Fears Among Visitors
Amid worsening trade tensions, an American businessman was barred from leaving for days, in an apparent message to President Trump. Others worry they may be next.
These Companies Wanted Tariffs. How Are They Faring Now?
President Trump’s trade policies have helped American steel, aluminum, lumber, solar and washing-machine businesses, but not as much as they might have hoped.
Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation.