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

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 market prices worldwide to plummet just a day after trade talks in Shanghai.

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English
✓ Newsletters with business-critical and sector-specific updates
✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)