President Trump made his most extensive comments yet on Hong Kong’s protest movement, and suggested that its fate be tied to a trade deal. Source: NYT > Business – Daniel Victor
Trump Says ‘Hong Kong Is Not Helping’ in Trade War With China
President Trump made his most extensive comments yet on Hong Kong’s protest movement, and suggested that its fate be tied to a trade deal. Source: NYT > Business – Daniel Victor
Senate Approves Tax Treaties for First Time in Decade
Pressure from business groups — and the triumph of Senator Mitch McConnell of Kentucky over his junior partner, Rand Paul — spurred lawmakers to approve updates to the international treaties. Source: NYT > Business – Jim Tankersley
For the Chao Family, Deep Ties to the World’s 2 Largest Economies
The family of Elaine Chao, the transportation secretary, has forged high-level political connections not only in the United States but also in China, where their shipping business has prospered. Source: NYT > Business – Eric Lipton and Michael Forsythe
A ‘Bridge’ to China, and Her Family’s Business, in the Trump Cabinet
Elaine Chao has boosted the profile of her family’s shipping company, which benefits from industrial policies in China that are roiling the Trump administration. Source: NYT > Business – Michael Forsythe, Eric Lipton, Keith Bradsher and Sui-Lee Wee
Should the ‘Vaping Age’ Be 21? Drugstores Say Yes
In raising the minimum age to purchase tobacco products at its stores, the drugstore chain joined other retailers and lawmakers seeking to curb teenagers’ use. Source: NYT > Business – KAREN ZRAICK and EMILY S. RUEB