In the News: US Threatens New Tariffs; Huawei's Sales Growth Slows; and New Regulations on Financial Holding Companies

The U.S. president announces new tariffs covering virtually all Chinese imports a day after trade talks; Huawei reports year-on-year revenue growth but U.S. sanctions taking its toll; and financial holding companies to face capital requirements and a ban on non-financial activities according to draft rules.

5 minute readAugust 05, 2019 at 01:31 AM
By
Vincent Chow
In the News: US Threatens New Tariffs; Huawei's Sales Growth Slows; and New Regulations on Financial Holding Companies

Trump announces new tariffs as trade impasse remains

U.S. President Donald Trump announced a new round of tariffs on a further $300 billion of Chinese goods on Aug. 1, causing

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