Donald Trump hailed the agreement, but others think it masks a process of deglobalisation as the two superpowers struggle for hegemonyThe trade war between the US and China may never be settled, experts fear, even after the two sides agreed on an outli…
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China confirms ‘phase one’ trade deal with US
Beijing says deal includes rollback of tariffs in phasesTrump hails ‘amazing deal for all’China and the US have reached an initial deal to resolve a bruising trade war between the two countries, according to statements from both sides.China’s vice-comm…
Read moreHow to expand American economic pie
Maximising output and finding better ways to measure it should be policymakers’ priorityDecember is usually a time for looking back on the past year and forward to the year ahead. In 2019 we have witnessed rising political extremism (on both the left a…
Read moreEconomic growth is the best way to raise living standards
Maximising output and finding better ways to measure it should be policymakers’ priorityDecember is usually a time for looking back on the past year and forward to the year ahead. In 2019 we have witnessed rising political extremism (on both the left a…
Read moreBeijing silent on US reports of China trade deal
White House expected to announce accord but Beijing silentUS offered to halt new tariffs and up to 50% cuts on existing onesReports that the US and China have reached an initial trade deal were met with silence in Beijing where officials declined to co…
Read moreCan we believe Trump when he says US-China trade deal is ‘very close’?
At the least, timing of US president’s tweet means tit-for-tat tariffs may now be cancelledLast week Donald Trump thought it might be best to delay any trade deal with China until after next year’s US presidential election. Now he says the two countrie…
Read moreWall Street hits high as Trump raises hopes of US-China trade deal
Expectation is Washington may abandon plans to raise tariffs on fresh range of Chinese goodsShare prices on Wall Street have surged to record levels after Donald Trump boosted hopes of an imminent trade deal with China.The US president raised expectati…
Read moreGoogle’s self-driving car project buys British AI firm Latent Logic
Purchase of Oxford University spinoff gives Waymo its first presence in the UKWaymo, Google’s self-driving car division, has acquired the Oxford artificial intelligence company Latent Logic for an undisclosed amount, giving Waymo its first presence in …
Read moreEU joins fight against US tax on ‘accidental Americans’
Brussels pushes US to dilute rules on dual-nationality citizens unknowingly liable for American taxesThe EU has joined the fight against a US tax law that has put tens of thousands of British citizens at risk of having their bank accounts frozen.In a l…
Read moreFAA let Boeing 737 Max continue to fly even as review found serious crash risk
Analysis from US regulators found plane could have averaged a fatal crash about every two to three years without design changesUS regulators allowed Boeing’s 737 Max to keep flying even after their own analysis found the plane could have averaged one f…
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