trade war

A trade war is an economic conflict resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party.

Source: en.wikipedia.org

Alibaba Beats $30B Sales Record On China’s Singles Day

Alibaba Beats $30B Sales Record On China’s Singles Day
Alibaba Beats $30B Sales Record On China’s Singles Day
November 11, 2019  |  eCommerce

China’s Alibaba broke sales records during the 24-hour shopping event known as Singles Day, CNBC reported on Monday (Nov. 11). The gross merchandise value (GMV),...

READ MORE >
Signs Of U.S.-China Trade Deal Lift Stocks To Record Highs
Signs Of U.S.-China Trade Deal Lift Stocks To Record Highs
November 04, 2019  |  Cross-border Payments

Wall Street’s three main indexes all hit record highs on Monday (Nov. 4), on news of technology gains and the nearing of a deal with...

READ MORE >
Apple Asks US Govt. For More Tariff Exemptions
Apple Asks US Govt. For More Tariff Exemptions
November 01, 2019  |  Mobile Commerce

Apple has asked the President Donald Trump administration for more tariff exemptions on products that come from China, according to reports. The company is asking...

READ MORE >
Apple Strengthening In China With Wearables, Services
Apple Strengthening In China With Wearables, Services
October 31, 2019  |  Mobile Commerce

Revenue losses in China are tapering off for Apple despite the ongoing U.S.-China trade war and increased competition from Huawei, CNBC reported on Thursday (Oct....

READ MORE >
Analysts Anticipate Rise In EU Business Failures
Analysts Anticipate Rise In EU Business Failures
October 23, 2019  |  B2B Payments

Analysts are expecting an increase in business failures across Western Europe, according to a new report from Atradius. The firm released its October 2019 Atradius...

READ MORE >
Apple Boosts iPhone Production In India
Apple Boosts iPhone Production In India
October 21, 2019  |  Mobile Commerce

Apple’s iPhone XR is being assembled in India and will be sold in the country, according to reports. Apple doesn’t have a huge share of...

READ MORE >
Citi On Supply Chain Finance In An Age Of (Global) Uncertainty
Citi On Supply Chain Finance In An Age Of (Global) Uncertainty
October 21, 2019  |  B2B Payments

Trade wars. Tariffs. Brexit. Beyond the headlines and stock market gyrations, beyond the speeches from politicians and academics, lies the very real impact of geopolitics...

READ MORE >
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
October 18, 2019  |  Cross-border Payments

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday...

READ MORE >