Trade War

Trump sanctions on Iran decimated regime's global trade: report

Trump administration sanctions on Iran decimated the hardline regime's trade with the world's largest economies, knocking it from $46 billion in 2019 to $28 billion in 2020, according to a non-public report sent by the Biden administration to Congress earlier this month.

Huawei CFO's legal team resumes defense in Canadian court

Lawyers for a senior executive for Chinese communications giant Huawei Technologies told a court Monday that there is no evidence she made any misrepresentations that resulted in a bank suffering a loss or put the bank at risk of suffering a loss.

Business groups call on Biden to restart trade talks with China

Nearly three dozen of the nation’s most influential business groups — representing retailers, chip makers, farmers and others — are calling on the Biden administration to restart negotiations with China and cut tariffs on imports, saying they are a drag on the U.S. economy.