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Trump’s trade war to hit 65% of global business leaders: CNBC survey

Leah Millis | Reuters President Donald Trump addresses a meeting of the National Space Council in the East Room of the White House in Washington, June 18, 2018. Still, 60 percent of North American CFOs say the full benefits of the Trump tax cuts remain, regardless of the trade risks. …

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Yuan set to weaken more amid US-China trade tensions, policy divergence

studioEAST | Getty Images The Chinese yuan slumped to a five-month low as U.S.-China trade tensions intensified earlier this week. The Chinese yuan softened again on Thursday, giving back of all of its gains made this year, and could be headed for more weakness by year-end. The currency’s move lower …

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Swiss National Bank leaves expansionary policy unchanged

Gianluca Colla | Bloomberg | Getty Images The Swiss National Bank (SNB), Switzerland’s central bank, in Bern, Switzerland, on Wednesday, April 18, 2012. The Swiss National Bank maintained its ultra loose monetary policy on Thursday, citing the “fragile” exchange rate situation. The SNB kept its target range for the three-month …

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What US Korean War veterans think of the Trump-Kim summit

Tim Whitmore Tim Whitmore, who served as a U.S. Air Force medic in Korea in 1954, alongside South Korean Major General Kyoung Soo Shin in May 2016 at the Virginia War Memorial in Richmond, VA. Of General Shin, Whitmore said, “He is a great friend of the KWVA and a …

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Trade war: China could hit Dow-listed firms over trade

Thomas Peter-Pool | Getty Images News | Getty Images U.S. President Donald Trump and China’s President Xi Jinping meet business leaders at the Great Hall of the People on November 9, 2017 in Beijing, China. China could hit back at U.S. firms listed on the Dow Jones Industrial Average if …

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No knowledge of Apple iPhone exemption

Bloomberg | Getty Images Peter Navarro, director of the National Trade Council, pauses during an interview outside the White House. White House trade advisor Peter Navarro said Tuesday he has no knowledge of an exemption for Apple’s iPhones in U.S. trade talks with China. On Monday the New York Times …

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ZTE sinks 23% after Senate passes bill paving way for US sanctions

Johannes Eisele | AFP | Getty Images A logo of Chinese telecommunications company ZTE is seen on an office building in Shanghai, China, on May 3, 2018. Shares of ZTE sank during Tuesday morning trade after the U.S. Senate passed a defense bill that had major implications for an agreement …

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Dow drops 200 points as US-China trade tensions linger

Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, April 23, 2018. On Friday, President Donald Trump announced that the U.S. would inflict tariffs that would impact up to $50 billion worth of Chinese …

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Amazon to add over 1,000 jobs in Ireland in country’s biggest staff boost this year

Getty Images Job seekers register before interviews during an Amazon jobs fair at the Amazon Fulfillment Center on August 2, 2017 in Robbinsville, New Jersey. Amazon will add more than 1,000 new jobs in Ireland over the next two years, the U.S. online retail giant said on Monday, taking its …

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China, Middle East are spending on Sudan, but US policy is ‘confused’

Kayhan Ozer | Anadolu Agency | Getty Images Turkish President Recep Tayyip Erdogan (C) and Sudanese President Omar Al-Bashir (R) visit in Port Sudan on December 25, 2017. Since the U.S. lifted long-standing sanctions on Sudan last October, foreign investors’ interest has started to trickle in, an expert on the …

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