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

August 05, 2019 | BY

Vincent Chow

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.

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Trump announces new tariffs as trade impasse remains