How the End of a U.S. Tax Loophole Hurts Chinese Companies
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How the End of a U.S. Tax Loophole Hurts Chinese Companies

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Meaghan Tobin, a correspondent for The New York Times covering business in Asia,…

iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India

iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said. Apple is positioning India as an alternative manufacturing base to…

Chinese Factories Slow in Early Sign of Trade War’s Toll
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Chinese Factories Slow in Early Sign of Trade War’s Toll

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs of Chinese-made goods to 145 percent, an official report on manufacturing activity signaled that in April, Chinese factories experienced the sharpest monthly…

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test
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Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Follow live updates on the Trump administration. The auditorium at Alibaba’s headquarters was packed with attendees, leaning against the wall and squeezing onto the stairs. Hundreds of Chinese small-business owners listened raptly as a stream of representatives from Alibaba, the Chinese online shopping…

Why the Economic Disruption From Trump’s Tariff War Will Be Hard to Reverse
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Why the Economic Disruption From Trump’s Tariff War Will Be Hard to Reverse

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in accomplishing that goal. Mr. Trump has provoked a trade war, scrapped treaties and suggested that Washington might not defend…

In Canada’s Election, Mark Carney’s China Experience Becomes a Liability
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In Canada’s Election, Mark Carney’s China Experience Becomes a Liability

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Asked to name the biggest threat to Canada’s security during an election debate, Mark Carney, the country’s prime minister and Liberal Party leader running to win a full term, gave a surprising answer: “China.” Analysts saw it as an attempt to distance himself…

Where Bruce Lee Practiced on the Roof, a Shrine to Old Hong Kong Rises
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Where Bruce Lee Practiced on the Roof, a Shrine to Old Hong Kong Rises

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In its heyday in the 1950s and ’60s, the Lung Wah Hotel, a converted, Spanish revival villa, offered a leafy refuge from the bustle of city life, near a cove and surrounded by parks in Hong Kong’s northern New Territories. Winding stairs, flanked…

Stocks Extend Gains as Investors Weigh Fed Rates and Tariff Talk
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Stocks Extend Gains as Investors Weigh Fed Rates and Tariff Talk

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Stocks rose on Thursday, extending a two-day rally as investors hope for an easing of President Trump’s trade wars and weigh comments on its impact from a Federal Reserve official. The S&P 500 gained more than 1 percent after stalling in early trading….