The European Union has asked the United States to suspend billions of dollars in import duties on each other’s products for six months. The European Commissioner for Trade Valdis Dombrovskis said this to the German magazine on Saturday The mirror. In doing so, Brussels would like to go further than a four-month tax break agreed … Read more
Under the US-China science and technology war, Huawei’s mobile phone business was almost beaten by the United States, and is currently striving to break through US sanctions. Huawei’s founder Ren Zhengfei said that Huawei will not be discouraged or resentful with this. The United States is still the world’s technology beacon. “We still want everything … Read more
Chinese New Year New York Stock Exchange chasing 3 Dragon companies Date 01 Jan. 2021 time 16:31 – The New York Stock Exchange (NYSE) will delist the Chinese telecoms giant on an order by the US government. Bloomberg reported that the New York Stock Exchange said it would delist three Chinese companies in order to … Read more
SOREANG JOURNAL – Foxconn which is Apple’s partner in producing the device iPad, MacBook including the iPhone, will reportedly partially move production iPad and MacBook from China ke Vietnam at Apple’s request. This was done as Apple’s effort to ease the risk of the impact of the trade war tensions between United States of America … Read more
Jakarta, CNBC Indonesia – World Trade Organization (WTO) announced the “end” of the trade war between the United States (US) and China that has been going on for about three years. On Wednesday (9/16/2020), the WTO ruled that President Donald Trump’s administration was the “loser”, claiming that the US was violating global trade rules by … Read more
Jakarta, CNBC Indonesia – New stage trade war The United States (US) and China seem to be starting again. Despite a phase I trade peace agreement signed in January, a new attack on Chinese commodities is now being launched again by the US. This time US Customs and Border Protection (CBP) will block imports of … Read more
The United States is considering blacklisting SMIC, China’s largest chipmaker. This would make it very difficult for the company to do business with American companies. A White House spokesman said on Friday that discussions are currently underway on the possible listing of SMIC on the blacklist. The administration of US President Donald Trump has long … Read more