The International Chamber of Commerce, the world’s largest business organization, has become the latest group to criticize a proposed change to Hong Kong law that would allow for criminal extradition to mainland China.  In a scathing letter issued to legislators Wednesday, the ICC questioned why Hong Kong is fast-tracking such …

The United States has increased tariffs from 10% to 25% on $200 billion worth of Chinese imports. China on Friday said it “deeply regrets” the increased tariffs and will take the “necessary countermeasures” without giving any details. The increases are going into effect amid talks between Chinese Vice Premier Liu …

A strike by Uber and Lyft drivers in cities across the United States this week caused barely a ripple to passengers looking to catch a ride, highlighting the challenges in launching a labor movement from scratch in an industry that is by nature decentralized. Activists and others involved in the …

Nike wants to meet your feet. The sneaker seller will launch a foot-scanning tool on its app this summer that will measure and remember the length, width and other dimensions of customers’ feet after they point a smartphone camera to their toes. The app will then tell shoppers what size …

China is “fed up” with hearing complaints from the United States about its Belt and Road program to re-create the old Silk Road, the government said on Thursday, following stinging criticism from U.S. Secretary of State Mike Pompeo. The initiative, a key thrust of President Xi Jinping’s administration, has hit …

It’s a little-known fact that Sweden was the first western country to recognize the government of Vietnam, in 1969, at a time when many states were wary of ruffling the feathers of their ally, the United States, which was fighting a war in the Southeast Asian country. Sweden went on …

President Donald Trump said Wednesday U.S. automaker General Motors will invest $700 million in Ohio and create 450 jobs, selling one of its shuttered plants to a company that will produce electric trucks. “GREAT NEWS FOR OHIO!” Trump tweeted. Trump said he had talked to GM chief Mary Barra who …

In the U.S., there’s an old saying that there are only two things that are certain in life: death and taxes. But as it turns out, death is way more certain than taxes in the United States. Corporations and some wealthy individuals, including President Donald Trump, are able to legally …

If a rising tide lifts all boats, then Vietnam may find that there is a related saying in economics: when the tide goes out, you will see who was swimming naked. The Southeast Asian country has fared fairly well amid the trade frictions around the world, with its foreign investment …

U.S. stocks slid Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. The Dow Jones Industrial Average posted its second-biggest daily percentage drop of the year, while the S&P 500 and Nasdaq registered their third-biggest percentage drops, …

U.S. President Donald Trump’s intention to further hike U.S. tariffs on Chinese goods has alarmed American lawmakers of both parties who fear dire economic consequences from escalating tensions between the United States and its trading partners. “I’m anxious for the tariff war to come to an end,” Republican Sen. Jerry …

German sports car maker and Volkswagen subsidiary Porsche will pay a 535-million-euro ($598 million) fine over diesel vehicles that emitted more harmful pollutants than allowed, Stuttgart prosecutors said Tuesday. “The Stuttgart prosecutor’s office has levied a 535-million-euro fine against Porsche AG for negligence in quality control,” the investigators said. Porsche …

China has confirmed that its top trade negotiator will travel to the United States to conduct a new round of trade talks later this week, even after U.S. President Donald Trump threatened higher tariffs on billions of dollars of Chinese goods after he complained the process is taking too long. …

The United States will impose a 17.5 percent tariff on Mexican tomato imports starting on Tuesday, as the two countries were unable to renew a 2013 agreement that suspended a U.S. anti-dumping investigation, a Mexican official said on Monday. The U.S. Commerce Department said in early February that the United …

Vietnam has long been a tough place to hire and keep employees, but it’s even tougher now, as business trends force companies to scramble to recruit enough staff, according to a new report. Foreign retail brands are entering the market for Vietnamese customers, factories and other businesses are relocating here …

China says its negotiators are preparing to travel to the United States for their next round of trade talks this week, even after U.S. President Donald Trump threatened higher tariffs on billions of dollars of Chinese goods after he complained the process is taking too long. Trump’s comments about the …

U.S. President Donald Trump said on Sunday he would raise tariffs to 25 percent from 10 percent on $200 billion of Chinese goods. The United States has levied tariffs on a total of $250 billion of Chinese imports, global steel and aluminum imports, and shipments of washing machines and solar …

Boeing did not tell U.S. regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s, but insisted on Sunday the missing display represented no safety risk. The U.S. …

Democratic presidential candidate Bernie Sanders on Sunday proposed a sweeping agriculture and rural investment plan to break up big agriculture monopolies and shift farm subsidies toward small family farmers.   “I think a farmer that produces the food we eat may be almost as important as some crook on Wall …

U.S. President Donald Trump, looking to pressure China to speed up talks on a new trade agreement, says that starting Friday he will impose sharply higher tariffs on billions of dollars of Chinese exports to the United States. Trump said Sunday on Twitter, “For 10 months, China has been paying …

U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and anticipate strong customer demand. The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop partly reflected an increase in the …

A White House meeting between the current U.S. president and a prominent businessman who is seeking to become president of Taiwan is causing concern.  The White House on Thursday sought to downplay any diplomatic or political sensitivities, saying President Donald Trump and Foxconn founder Terry Gou did not discuss support for …

The Nasdaq is adding fake meat to its diet. Beyond Meat, the purveyor of plant-based burgers and sausages, made its debut on the stock exchange Thursday. It’s the first pure-play maker of vegan “meat” to go public, according to Renaissance Capital, which researches and tracks IPOs. Beyond Meat raised about …

President Donald Trump is increasingly reliant upon economic sanctions to achieve his foreign policy goals, despite a repeated emphasis that the use of military force remains a viable option.  However, these coercive measures, analysts say, have not produced their intended results, and at times have put the United States at …

The United States and China are nearing a trade deal that would roll back a portion of the $250 billion in U.S. tariffs on Chinese goods, Politico reported on Wednesday after U.S. Treasury Secretary Steven Mnuchin said the two countries completed “productive” talks in Beijing. Mnuchin, along with U.S. Trade …