American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
Kurdish authorities have sent thousands more troops to the oil region of Kirkuk to confront "threats" from Iraq's central government, the vice president of the autonomous Kurdistan region said on Friday.
Tens of thousands of Kurdish soldiers were already stationed there and another 6,000 have arrived since Thursday, Kosrat Rasul said, amid mounting tensions between the northern territory and Baghdad.
Iraq's government has taken a series of measures to isolate the region since Kurds held a Sept 25 referendum on independence, including banning international flights from going there and calling for a halt to its crude oil sales.
Iraqi Prime Minister Haider al-Abadi has repeatedly said he has no plans to go further and actually attack the territory.
But the Kurdistan Regional Government (KRG)'s Security Council expressed alarm late on Thursday at what it said was a significant Iraqi military build-up south of Kirkuk "including tanks, artillery, Humvees and mortars".
"Tens of thousands of Kurdish Peshmerga and security forces are already stationed in and around Kirkuk," Rasul said on Kurdish TV channel Rudaw. "At least 6,000 additional Peshmerga were deployed since Thursday night to face the Iraqi forces' threat."
The Kurds have repeatedly called for negotiations following the referendum in which an overwhelming majority voted for independence.
Kurdish Peshmerga moved into Kirkuk when the army collapsed in the face of Islamic State in 2014, preventing the region's oil fields from falling in the hands of the militants.