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WASHINGTON, United States (AFP) — US President Donald Trump said Tuesday that as a favor to China his administration was considering a fresh set of penalties on embattled Chinese company ZTE to replace crippling sanctions imposed last month that threatened to put the firm out of business. ZTE could face a new fine of as much as $1.3 billion as well as a management shakeup and strict new rules, Trump told reporters at the White […]
HONG KONG, China (AFP) — Asian markets fluctuated on Monday as easing concerns about a sharp rise in US interest rates were tempered by growing fears about a potentially catastrophic China-US trade war. US markets plunged on Friday after Donald Trump warned of tariffs on an additional $100 billion worth of Chinese imports, which Beijing responded to by saying it would stand firm. The president’s announcement comes weeks after his decision to tax imports of […]
