Government, Business, Technology, Logistics

Tesla Racing to Get Model 3s to China Before Potential Tariff Hike

Tesla Thousands of Teslas are getting loaded on ships heading to China. (David Paul Morris/Bloomberg News)

Tesla Inc. is loading as many Model 3 sedans as it can onto vessels destined for the People’s Republic ahead of March 1, when a trade-war truce between presidents Donald Trump and Xi Jinping is scheduled to expire.

Dana Hull | Bloomberg News
February 13, 2019
Government, Business

Trump Says Summit With Xi ‘Unlikely’ by Tariff Deadline Date

Donald Trump President Donald Trump (Andrew Harrer/Bloomberg News)

President Donald Trump said he won’t meet Chinese President Xi Jinping before a March 1 deadline to avert higher U.S. tariffs on Chinese goods, intensifying fears the two won’t strike a deal before the end of a 90-day truce.

Bloomberg News
February 8, 2019
Government, Business

Tariffs Deliver on One Front, IIF Study Finds

Xi Jinping President Donald Trump and Chinese President Xi Jinping (Qilai Shen/Bloomberg News)

President Donald Trump’s tariffs on imports from China continue to attract opposition from economists and much of the business community. They also may be delivering on at least one goal of the administration’s trade wars: reducing imports of targeted products from China.

Shawn Donnan and Jordan Yadoo | Bloomberg News
February 5, 2019
Business, Logistics

As China Reduces Pollution, Value of Vessels Transporting LNG Increases

LNG Vessel SeongJoon Cho/Bloomberg News

The world’s biggest shipbuilder sees China’s cleanup of its smoggy skies lifting prices of the vessels this year.

Kyunghee Park | Bloomberg News
January 29, 2019
Government, Business

US Confirms China Trade Talks to Begin

Donald Trump President Donald Trump and China’s President Xi Jinping (Qilai Shen/Bloomberg News)

The Trump administration confirmed it will hold two days of talks this week in Washington to discuss structural changes to China’s economy and Beijing’s pledge to buy more American goods.

Andrew Mayeda | Bloomberg News
January 28, 2019

Caterpillar 4Q Profits Tumble; Trade With China Cited

Caterpillar Richard Drew/Associated Press

Caterpillar Inc. posted the biggest quarterly profit miss in a decade as a China slowdown hit demand for its signature yellow construction and mining equipment.

Joe Deaux | Bloomberg News
January 28, 2019
Business, Logistics

China’s Car Slowdown Begins to Bite as Hyundai Lays Off Workers

Hyundai Logo SeongJoon Cho/Bloomberg News

As China’s car industry loses its shine, automakers are starting to buckle up for the downward slope with Hyundai Motor Co. announcing it is letting workers go and is reviewing production plans in the world’s biggest market.

Sohee Kim | Bloomberg News
January 25, 2019
Government, Business, Fuel

US Sanctions on Venezuelan Oil Could Benefit China, India

Oil Rig Bloomberg News

If the United States decides to deploy a slate of sanctions that it is said to have drafted against the Latin American nation, American refiners would be forced to cease purchases. That may mean more supply becomes available for the OPEC producer’s other big customers: China and India.

Serene Cheong and Sharon Cho | Bloomberg News
January 24, 2019
Government, Business

U.S.-China Trade Talks Falling Short on Make-or-Break IP Issues

China Trucking checkpoint in China. (Qilai Shen/Bloomberg News)

According to people close to the discussions, the two sides have so far made little progress on the issue that any deal Trump strikes with China may ultimately be judged on: ending what the U.S. has dubbed as decades of state-coordinated Chinese theft of American intellectual property.

Shawn Donnan and Jenny Leonard | Bloomberg News
January 22, 2019
Government, Business

US-China Trade Talks End on Note of Cautious Optimism

China US Bloomberg News

The Trump administration wrapped up the latest round of trade talks in Beijing, noting a commitment by China to buy more U.S. agricultural goods, energy and manufactured items.

Andrew Mayeda | Bloomberg News
January 9, 2019