Business is booming in the USA. People are spending more. Companies are investing and exports are growing. US President Donald Trump has no doubt who is responsible for the sustained upswing – himself! But is that really so?
Through a series of major investment funds and development aid projects, Australia and China are trying to outbid each other to create networks of power and influence in poorer Pacific nations.
Asian shares have jumped to three-week highs following a report that US President Donald Trump is aiming for a swift trade deal with China. The news came only days after Washington had threatened more punitive tariffs.
Turkey has been exempt from oil sector sanctions imposed by Washington on the regime in Tehran. But Turkish businesses fear the possible consequences of a likely shift in Donald Trump's mood toward Turkey.
Washington has banned exports to the Chinese state-controlled chipmaker accusing Fujian of stealing intellectual property. The move comes amid reports that the US plans to slap tariffs on all of China's imports.
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