President Trump insists China is paying the full cost of his tariffs. But his decision to push some of them off until December is an admission of their impact on American consumers. Source: NYT > Business – Jim Tankersley
General contractors are suffering under Trump’s new tariffs on Chinese goods
The trade war has created an uncertain environment for construction. (Credit: iStock and Getty Images) Anthony Rinaldi has learned first-hand what President Donald Trump’s trade war with China can mean for business. One of his eponymous firm’s current projects, backed by a Chinese-government-owned company, has recently stalled. He’s unsure when, or if, it will get […]
Hong Kong’s Economy Shudders as Its Airport Descends into Chaos
Clashes at one of the world’s busiest transportation hubs could cast further doubt on the city’s future as a business capital on China’s doorstep. Source: NYT > Business – Raymond Zhong
Germany Is Heading Toward Recession, New Data Indicates
The economy shrank in the second quarter and is likely to shrink in the following one, analysts said. They blame trade tensions. Source: NYT > Business – Jack Ewing
DealBook Briefing: A Tariff Pause, but the Reprieve May Be Temporary
President Trump delayed new levies on Chinese goods, but there’s little evidence that Washington or Beijing will soon make the concessions required to strike a deal. Source: NYT > Business –
Hong Kong Airport, a City’s Symbol of Pride, Is Now Its Hub of Unrest
Hong Kong Airport, the site of two straight days of protests, is more than just a transit hub. It’s at the center of the city’s identity. Source: NYT > Business – Gillian Wong and Megan Specia