• U.S. unveils new veto threat against WTO rulings

    2 monthes ago - By Reuters

    GENEVA - The United States ramped up its challenge to the global trading system on Friday, telling the World Trade Organization that appeals rulings in trade disputes could be vetoed if they took longer than the allowed 90 days.
    Read more ...

     

  • Trump threatens 20 percent tariff on European Union cars

    2 monthes ago - By Reuters

    WASHINGTON - U.S. President Donald Trump threatened to impose a 20 percent tariff on all European Union-assembled cars coming into the United States, a month after the administration launched an investigation into whether auto imports pose a national security threat.
    Read more ...

     

  • Apple's top manufacturer says China has 'unreasonable' laws and regulations and its workers should be allowed more overtime

    Apple's top manufacturer says China has 'unreasonable' laws and regulations and its workers should be allowed more overtime

    2 monthes ago - By Business Insider

    Foxconn Chairman Terry Gou would rather manufacture under U.S. law than Chinese regulations.
    One of his complaints with Chinese law is the amount of overtime that factory workers are allowed to take.
    Gou also said Foxconn's top challenge is the U.S.-China trade war.
    Foxconn argued on Friday that it should be governed under U.S. regulations, instead of Chinese regulations, because its customers, like Apple, are American.
    Terry Gou, Foxconn's chairman, made the remarks at the manufacturer's annual shareholder meeting, according to Bloomberg and Reuters .
    “China has tougher overtime...
    Read more ...

     

  • China state media says U.S. 'paranoid' on trade

    2 monthes ago - By Reuters

    Protectionism in the United States is self-defeating and a "symptom of paranoid delusions", the official China Daily says amid escalating trade tensions between the world's two largest economies. Ryan Brooks reports.
    Read more ...