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Chinese art, antiquities escape Trump tariffs

Bloomberg Chinese art and antiquities have been spared from President Donald Trump’s tariffs. At least so far. Trump ordered his administration to impose 10 percent tariffs on $200 billion in Chinese goods next week and to raise the rate to 25 percent in January if Beijing refuses to offer trade concessions. Among items removed from the initial list of goods ...

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World Bank, China looking at co-financing African projects

Bloomberg The World Bank and China have held talks on how they can finance projects in Africa together, the lender’s vice president for the continent said. “We think it’s a good thing the continent has different sources of financing,” Hafez Ghanem said in an interview in Abidjan. “In my discussions with the Chinese authorities, we were looking at how we ...

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China-US trade war will escalate: US ex-negotiator

Bloomberg The trade dispute between the US and China will continue for the foreseeable future and escalate, and is going to be painful for Americans, according to a former US trade negotiator. “For the foreseeable future, we’re going to be in a tariff world and we’ll see escalation,” said Asia Society Vice President Wendy Cutler, formerly a negotiator at the ...

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