Bloomberg Add $4.4 billion in imported cabinets to the long list of Chinese goods slapped with US levies in the escalating trade dispute between Washington and Beijing. The Commerce Department said it will ask the US Customs and Border Protection to collect cash deposits from importers of the wooden cabinets and vanities from China based on subsidy rates of as ...

Bloomberg German industrial production registered its biggest annual decline in almost a decade, highlighting the severity of the trade-inflicted manufacturing slump in Europe’s largest economy. Output was down 5.2% in June from the previous year, the most since late 2009, when the country was recovering from the Great Recession that followed the global financial crisis. The numbers are the latest ...

Bloomberg Kim Jong-un said North Korea’s latest missile tests were intended as a warning against ongoing US-South Korea military exercises, while President Donald Trump’s new defense chief defended the training as necessary to maintain readiness. North Korean state media said that Kim personally oversaw what allied military officials said was a pair of short-range ballistic missile launches a day earlier ...