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
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread 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
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
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread 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
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
Russian President Vladimir Putin has defended a provocative decision to grant Russian passports to disputed rebel-held regions in east Ukraine, saying he doesn't see what the problem is.
He said the decision was no different from what European states did. Speaking to reporters at the end of a summit with North Korean leader Kim Jong Un, Putin said that both Romania and Hungary grant citizenship to their own ethnic kin living outside their borders, Reuters reported.
"We are far from trying to provoke anyone," he said, adding that it was strange that Kiev had reacted angrily to move. "I don't see what's that unusual, other countries do it," he said.
Unsurprisingly, Ukraine begs to differ and it has already reacted to Putin's decision Wednesday to sign a decree that would allow residents of self-proclaimed republics Donetsk and Luhansk, seized by Russian-backed separatists after Russia annexed Crimea from Ukraine in 2014, easier access to a Russian passport.
The move is bound to test Ukraine's incoming president, the comedian-turned-politician Volodymyr Zelensky, and his approach to Ukraine's powerful Russian neighbor.
Zelensky's team said in a Telegram post Wednesday that "these actions are yet another evident confirmation for the world community of Russia's true role as an aggressor state, which is waging a war against Ukraine."
It added that Russia's issuing of passports was a recognition that it was illegally occupying Ukrainian territories.
Ahead of Zelensky's resounding election win on Sunday, he had said he was open to talks with Russia and said "we must win peace for Ukraine." But he also stated in his election program that he would seek international support for Ukraine to see the return of "temporarily occupied territories and forcing the aggressor to reimburse the damage. "
Both sides accuse each other of failing to uphold a fragile peace accord over east Ukraine, known as the "Minsk Agreement."
Russia's Putin said Thursday that neither the outgoing President Petro Poroshenko, nor incoming president Zelensky wanted to implement the Minsk accord. If Zelensky did, however, he said Russia was willing to "help them with that."
"If Kiev implements the Minsk accord, we will seek a normalization of the situation," Putin said.