The Wall Street Journal

Why China could win Trump’s trade war

Why China could win Trump’s trade war
The US and China are engaged in a trade war. (Image: Getty)
The Wall Street Journal
By Joseph C SternbergYou might think China is already losing the trade war. It isn’t – and it might even manage to come out on top, at least in the short term.Wednesday brought reports of plunging industrial activity in China as Mr.Trump’s 145% tariffs start to dig in. The country’s official Purchasing Managers’ Index reading, which surveys companies’ current activities and near-term plans, recorded the steepest drop in 16 months, signalling a decline in production. Big problemAnecdotal evidence is...

More World

Google revenue soars on AI boom
Technology

Google revenue soars on AI boom

Google is spending billions of dollars on infusing its products with AI capabilities.

GM profit shrinks after US$1.1 billion tariff hit
World

GM profit shrinks after US$1.1 billion tariff hit

Automaker warns tariff impact will be greater next quarter; stock price tumbles.