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Calvin Klein owner plunges as Trump’s trade tariffs spook shoppers in China

Bloomberg President Donald Trump’s trade war with China is creating a mess on both sides of the Pacific Ocean for American fashion labels Tommy Hilfiger and Calvin Klein. PVH Corp, the parent company of both brands, plunged the most in a decade after reporting that the escalating battle is causing anxious American and Chinese shoppers to buy less. “Tariffs and ...

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Aviation tycoon Neeleman eager to buy new Airbus jet

Bloomberg Airline entrepreneur David Neeleman said he’d be at the front of the line for a proposed new longer-range Airbus SE jetliner if it’s launched at next month’s Paris Air Show, as widely expected. “We’d definitely be interested in that airplane,” Neeleman said of the Airbus A321XLR, which wouldn’t start deliveries until 2023. “I wish it was coming sooner,” he ...

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Will Trump ease up on Huawei? Don’t be so sure

With the Huawei case, as with so many other Trump administration gambits, the puzzling question is whether the president is using tough tactics to make a deal — or whether he really means to put China’s most powerful telecommunications company on what’s informally known as the “kill list” by denying it US technology. US financial markets have been fairly calm ...

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