Donald Trump insists on trade reciprocity. But what kind?

IN THE sixth episode of “The Apprentice”, a reality-television show first broadcast in 2004, Donald Trump, as always, fired a contestant vying for a job in his company. She was, he said, the worst negotiator. And she had failed to fight back when belittled by her teammate. The episode was entitled “Tit For Tat”. That same principle of reciprocity guides Mr Trump’s trade policy as president. And it is animating his tariff war with China. On July 6th America imposed

Read more

Range provides ‘thrill’ of renting machine guns

DONEGAL, Pa. (AP) – The 99 signs he has posted throughout the region – each including a phone number, the silhouette of a Rambo-style M60 machine gun and an advertisement for “Washington County Machine Gun Rentals” – has generated many a phone call to Tredd Barton. Some people are angry. Others are curious. Yet others are amazed over the opportunity to fire a fully automatic machine gun – an MP5, Tommy Gun, AK-47, or M16, among many others – for

Read more

Will the iPhone 8 charge wirelessly?

You may never have to plug in your iPhone again. Apple has joined an industry group devoted to wireless charging, strengthening existing rumors that the next iPhone will charge without a cord. The Wireless Power Consortium, which is made up of some 200 organizations that promote a single wireless charging standard, confirmed to CNNTech that Apple joined the group last week. IPhone rumors swirl months before each new version is announced, and hype around the so-called ‘iPhone 8″ is particularly

Read more

When does it start and how can you find the best deals?

The first Prime Day took place on July 15 2015, the anniversary of the founding of the company by chief executive Jeff Bezos.  What is Amazon Prime Day?  Prime Day is a flash sales event held by American online retail giants Amazon. To participate, users must be signed up to Amazon Prime, the £79-a-year subscription service that gives users access to free, unlimited one-day delivery on many items, as well as Amazon Prime Video, Prime Music, Prime Reading and early

Read more

Wall Street titans fail to explain Trump to China

For the Chinese, it’s an opportunity to maintain good relationships with business leaders who invest heavily in their economy. | Getty As China and the United States escalate a trade war, the Chinese government is turning to familiar Wall Street and Washington insiders for advice on understanding President Donald Trump — with underwhelming results. Corporate leaders and former U.S. officials who have spent years cultivating relationships with Beijing — such as Blackstone CEO Steve Schwarzman, JPMorgan Chase CEO Jamie Dimon

Read more

Facebook, Twitter, Alphabet to testify at U.S. House hearing

WASHINGTON (Reuters) – The U.S. House Judiciary Committee will hold a hearing on Tuesday to take testimony from Facebook Inc, Alphabet Inc’s YouTube unit and Twitter Inc on whether social media companies are filtering content for political reasons, the committee chairman said. FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. REUTERS/Dado Ruvic/File Photo Conservative Republicans in Congress have criticized social media companies for what they

Read more

Investors switch to defensive equities and bonds: BAML

LONDON (Reuters) – Investors switched to defensive equities and bonds in the week to July 11 as the U.S. slapped tariffs on $34 billion of Chinese imports and then raised the stakes by threatening another round on an extra $200 billion of goods. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 6, 2018. REUTERS/Brendan McDermid Investors worry that a full-blown China-U.S. trade conflict could hurt global exports, investment and

Read more
1 104 105 106