China to Respond to New US Duties With ‘Same Scale, Intensity’

Story image for us news articles from Bloomberg

China to Respond to New US Duties With ‘Same Scale, Intensity’

Bloomberg5 hours ago
Cui’s comments, in an interview with state-run CGTN English news channel Tuesday, are the first to indicate that China will retaliate on a scale that matches U.S. plans for additional duties on Chinese imports. The U.S. is readying duties on $50 billion of Chinese products as punishment for what …
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Supreme Court Rejects Appeal to Release Anti-Abortion Activists …

U.S. News & World Report17 hours ago
U.S. District Judge William Orrick in San Francisco blocked the release of the videos in 2016, ruling that enforcing the confidentiality agreements would not violate free speech rights under the U.S. Constitution’s First Amendment. Orrick discounted the claim by the abortion opponents that they were acting as …
Story image for us news articles from Wall Street Journal

Stocks Tumble on Tech Selloff

Wall Street Journal21 hours ago
U.S. stocks tumbled on the first day of the second quarter, as sliding technology shares and rising global trade tensions dragged major indexes lower. … Imported U.S. products line the shelves of a supermarket in Beijing. … An earlier version of this article incorrectly stated that it was a three-year high.
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Trade Tension With China, US Pushes South Korea Toward Vietnam

Bloomberg13 hours ago
In a meeting on Monday explaining his March visit to Vietnam, Moon said growing trade protectionism and trade conflict between U.S. and China could hurt the Korean economy, and he urged the country to prepare. Finance chiefs from Korea and Vietnam agreed to meet annually to expand economic …
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Tech Rout Sinks Stocks as Lines of Defense Crumble: Markets Wrap

BloombergApr 2, 2018
Trump and renewed trade concerns roiled U.S. financial markets to start the second quarter after the worst three months for global stocks in more than two years. The risk-off tone comes just two weeks before earnings season starts, with investors still anticipating a strong showing even as signs have …
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Bloomberg

US Pork Producers, Fruit Growers Brace for China Tariffs

Wall Street Journal18 hours ago
To the dismay of pork producers and fruit growers across the U.S., China on Sunday announced tariffs of as much as 25% on American pork and eight other kinds of goods, as well as 15% tariffs on fruit and 120 types of commodities, which China has said would apply to about $3 billion in products. China’s …
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Migrant Caravan Raising Concerns in US Takes Break in Mexico

U.S. News & World Report8 hours ago
A group of a couple hundred men did break off from the march Sunday, hopping a freight train north probably with hopes of trying to enter the U.S. But the rest seemed unlikely to move again until Wednesday or Thursday, and they probably would take buses to the last scheduled stop for the caravan, …
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Time Warner Used HBO as Leverage in YouTube Talks, US Says

Bloomberg14 hours ago
Time Warner Used HBO as Leverage in YouTube Talks, U.S. Says … Time Warner Inc. used HBO as leverage in programming talks with distributors, including YouTube, exerting power that will only grow if AT&T Inc. is allowed to buy the media and entertainment company, according to U.S. antitrust officials …
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Oklahoma, Kentucky Teachers Skip School as Frustration Boils Over

U.S. News & World Report18 hours ago
According to National Education Association estimates for 2016, Oklahoma ranked 48th in average U.S. classroom teacher salary. Oklahoma secondary school teachers had an annual mean wage of $42,460 as of May 2016, according to the U.S. Bureau of Labor Statistics. The minimum salary for a …
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Teslas Don’t Have Black Boxes, Making US Crash Probes Harder

Bloomberg4 hours ago
The problem for U.S. accident investigators is that the information wasn’t easily accessible. The data stored on the Tesla is in a proprietary format that can only be accessed by the company. Similarly, the information the vehicles beam to Tesla computers on a regular basis can’t be obtained without the …

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