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December 10, 2019
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Reuters - Business

Proper U.S.-China trade deal more important than timing: Wilbur Ross

Reuters
(Reuters) – U.S. Commerce Secretary Wilbur Ross on Tuesday said it was more important to get a proper trade agreement with China than to get the deal done by this December or next December – after the 2020 presidential election. Ross told Reuters in an interview that the world’s two...
Reuters - Business

Trump vague about whether he will veto bills that back Hong Kong protesters

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million...
Reuters - Business

Apple, Intel file antitrust case against SoftBank-owned firm over patent practices

Reuters
FILE PHOTO: The Apple Inc. logo is seen hanging at the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) and Intel Corp (INTC.O) on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the...
Reuters - Business

Trump says he doesn’t think China is ‘stepping up’ in trade talks

Reuters
FILE PHOTO: U.S. President Donald Trump speaks during a tour of Apple’s Mac Pro manufacturing plant in Austin, Texas, U.S., November 20, 2019. REUTERS/Tom Brenner AUSTIN, Texas (Reuters) – U.S. President Donald Trump said on Wednesday he has not made a trade deal with China yet because Beijing is not...
Reuters - Business

Trade commission finds Chinese mattress imports hurt U.S. industry

Reuters
WASHINGTON (Reuters) – The U.S. International Trade Commission on Tuesday concluded that U.S. industry is materially injured by Chinese-made mattresses that are sold at less than fair value, paving the way for the U.S. Commerce Department to impose anti-dumping duties. The commission said in a statement it made a negative...
Reuters - Business

U.S. and China have significant differences ahead of trade talks Friday night

Reuters
WASHINGTON (Reuters) – Top U.S. and Chinese negotiators are seeking to narrow differences on an initial trade agreement during a Friday evening phone call, but remain split on key issues. FILE PHOTO: U.S. Secretary of Commerce Wilbur Ross attends the 25th anniversary of the establishment of the American Chamber of...
Reuters - Business

U.S. Supreme Court to hear Google bid to end Oracle copyright suit

Reuters
WASHINGTON (Reuters) – The U.S. Supreme Court on Friday agreed to hear Google’s bid to escape Oracle Corp’s multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world’s smartphones. FILE PHOTO: The Google logo is displayed outside the company...
Reuters - Business

U.S. ‘getting close’ to trade deal with China: White house economic adviser

Reuters
FILE PHOTO: Director of the National Economic Council Larry Kudlow speaks to the media at the White House in Washington, U.S., September 6, 2019. REUTERS/Joshua Roberts/File Photo WASHINGTON (Reuters) – The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on...
Reuters - Business

Trump threat of more China tariffs could hit consumer goods before Christmas

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump’s threat to jack up U.S. tariffs on Chinese goods if the world’s two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas. FILE PHOTO: People watch the Christmas tree...
Reuters - Business

Chinese national pleads guilty in U.S. court to stealing Phillips 66 trade secrets

Reuters
WASHINGTON (Reuters) – A Chinese national pleaded guilty on Tuesday to stealing trade secrets from U.S. petroleum company Phillips 66 (PSX.N), where he worked on the research and development of next generation battery technologies, the U.S. Justice Department said. Hongjin Tan, 36, stole information regarding the manufacture of a “research...
Reuters - Business

Explainer: What a roll-back of Trump tariffs on Chinese goods may look like

Reuters
(Reuters) – The latest bargaining chip in U.S.-China negotiations to cool a 16-month-old trade war is whether President Donald Trump would roll back tariffs on hundreds of billions of dollars’ worth of Chinese imports, and how soon. FILE PHOTO: A 100 yuan banknote (R) is placed next to a $100...
Reuters - Business

Trump says China trade talks moving along nicely, but deal has to be right

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday that trade talks with China were moving along “very nicely,” but the United States would only make a deal with Beijing if it was the right deal for America. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port...
Reuters - Business

U.S. Supreme Court to consider blocking Booking.com trademark

Reuters
FILE PHOTO: The building of the new Booking.com customers site is seen in Tourcoing, France, October 4, 2019. REUTERS/Pascal Rossignol WASHINGTON (Reuters) – The U.S. Supreme Court on Friday agreed to consider a bid by a federal agency to prevent the popular hotel reservation website Booking.com, a unit of Booking...
Reuters - Business

U.S. Supreme Court rejects Charter appeal of Sprint patent verdict

Reuters
FILE PHOTO: A man walks past a Sprint store in New York City, U.S., April 27, 2018. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – Charter Communications Inc (CHTR.O) unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp (S.N) telecommunications patents after the U.S. Supreme Court...
Reuters - Business

US-China trade accord will require three phases: White House adviser

Reuters
FILE PHOTO: White House trade adviser Peter Navarro listens to a news conference about a presidential executive order relating to military veterans outside of the West Wing of the White House in Washington, U.S. March 4, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) – The United States and China are on a...
Reuters - Business

U.S.-China trade deal in sight after progress in high-level talks

Reuters
WASHINGTON (Reuters) – U.S.-China trade talks are progressing well and the United States aims to sign an initial deal this month, top Trump administration officials said on Friday, offering reassurance to global markets after nearly 16 months of tit-for-tat tariffs. FILE PHOTO: A U.S. dollar banknote featuring American founding father...
Reuters - Business

U.S. telecoms supply chain rules under review at Commerce Department: official

Reuters
FILE PHOTO: A fence surrounds the U.S. Department of Commerce in Washington October 5, 2013 REUTERS/Mike Theiler WASHINGTON (Reuters) – Rules to implement a White House executive order declaring a national emergency in the telecoms supply chain are “under consideration and review” at the Department of Commerce, an agency official...
Reuters - Business

USTR says close to finalizing parts of trade deal with China

Reuters
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo WASHINGTON (Reuters) – The United States and China are closing to finalizing some sections of a trade agreement after a...
Reuters - Business

Trump says U.S., China have reached substantial phase-1 trade deal

Reuters
U.S. President Donald Trump holds a campaign rally in Minneapolis, Minnesota, U.S., October 10, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) – President Donald Trump said on Friday the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases....
Reuters - Business

Trump to meet with Chinese Vice Premier Liu He at 2:45 p.m. EDT/1845 GMT Friday

Reuters
WASHINGTON (Reuters) – President Donald Trump will meet with Chinese Vice Premier Liu He at 2:45 p.m. EDT/1845 GMT on Friday as the world’s two biggest economies try to reach a trade agreement, the White House said. Trump said on Thursday he would meet with Liu, who is in Washington...

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