The fast-growing Chinese company, blocked by the Trump administration from working with Google, announced plans for its own mobile operating system. Source: NYT > Business – Raymond Zhong
Japan Posts Surprising Growth, but Economic Threats Loom
The annualized rate of 1.8 percent was down from the previous quarter but still higher than expected. Trade wars, uncertain global prospects and a new consumption tax remain on the horizon. Source: NYT > Business – Ben Dooley
Help for the Economy? Despite Grumbling, Trump Has Had Plenty
The Fed and Congress have given President Trump the most growth-friendly climate in decades. But the trade war may test its limits. Source: NYT > Business – Jim Tankersley, Jeanna Smialek and Ben Casselman
‘Weaponized’ Currency and Mining Limits: China’s Responses to Trump Take Shape
Beijing’s signals suggest it is ready to retaliate should the White House follow through on its new tariff threat, with potentially disruptive results. Source: NYT > Business – Alexandra Stevenson
China Signals It Will Continue to Weaken Its Currency as Trade War Rages
The country’s central bank guided the renminbi past another key point, suggesting Beijing could weaponize it if Trump imposes more tariffs. Source: NYT > Business – Alexandra Stevenson
U.S. Moves to Ban Huawei From Government Contracts
The prohibition was mandated by Congress as part of a broader defense bill signed into law last hear. Source: NYT > Business – Steve Lohr