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It’s a tense time for the boys’ families who are waiting for news of their rescue. It’s a tense time for the boys’ families who are waiting for news of their rescue.Steve George/CNN For the families of the trapped boys, this is the day they’ve been waiting for — but it’s also one that fills […]Read More

At 10 a.m. local time, an international contingent of 13 specialist divers and five Thai Navy SEALs descended into the watery network of underground tunnels below the Mae Sai mountains, carrying with them the hopes of an entire nation. “Our readiness is at the highest today. Today is D-day,” said Chiang Rai’s governor, Narongsak Osotthanakorn, […]Read More

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China is killing my business. Now tariffs are too. The start of a trade war between the United States and China comes at an inconvenient time for the Chinese economy. In recent weeks, concerns have been mounting that growth in the world’s second-biggest economy is cooling faster than previously expected. Weaker Chinese growth will have […]

China is killing my business. Now tariffs are too. German automaker Daimler says its profits will fall this year, blaming the emerging trade war between the United States and China. Daimler (DDAIF), the parent company of Mercedes-Benz, said in a statement late Wednesday that “the decisive factor” for cutting its profit forecast was the expectation […]

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Can the US win a trade war with China? The fallout from a trade war between the United States and China will hurt other economies in Asia. President Donald Trump accuses China of unfair trade practices and is threatening to put new tariffs on as much as $450 billion of exports from China. The world’s […]

Can the US win a trade war with China? China on Friday accused the United States of starting “the biggest trade war in economic history” as the two sides imposed steep new tariffs on tens of billions of dollars of each other’s exports. The Trump administration’s 25% tariffs are targeting more than 800 Chinese products […]Read More

Can the US win a trade war with China? Intensifying trade frictions between the United States and its trading partners have most Federal Reserve officials increasingly troubled. Central bankers still see the US economy building steam under Fed Chairman Jerome Powell, and plan to stay on course in gradually lifting interest rates this year as […]

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