China Eastern Airlines has formally requested compensation from Boeing Co for the grounding of its 14 737 MAX aircraft and has delayed deliveries of future planes, the company said on Tuesday.
Japan’s automakers’ lobby said on Tuesday it was dismayed by President Donald Trump’s declaration that some imported vehicles and parts posed a threat to U.S. national security, as the industry braces for a possible rise in U.S. tariffs.
Airbus’ programs chief said trade tensions could impact customers, although the sales chief at the European planemaker said its market remained “quite positive” and less dependent upon economic cycles than before.
Foreign investors remained enthusiastic about investing China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s claim that Washington’s tariffs are causing companies to move production out of China.
China’s Huawei believes Europe will not follow the United States in blacklisting the company because it has been a partner of European telecoms firms for many years, a top Huawei executive told an Italian newspaper.
Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year.
Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge.
Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year.
Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly.
Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs.
Toyota Motor Corp last month announced two deals in China that were small in size but large in strategic planning.
U.S. summer air travel will hit a new record this year despite the grounding of Boeing’s 737 MAX aircraft after two fatal crashes, a group representing major airlines said on Tuesday.
Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge.
The U.S. government has temporarily eased trade restrictions imposed last week on China’s Huawei, a move aimed at minimizing disruption for its customers but dismissed by its founder who said the tech firm had prepared for U.S. action.
The U.S. government on Monday temporarily eased some trade restrictions imposed last week on China’s Huawei, a move that sought to minimize disruption for the telecom company’s customers around the world.
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