Economy

There’s a good chance the Chinese will retaliate for the arrest of Huawei CFO Meng Wanzhou by targeting American businesses in China, former assistant U.S. trade representative Jeff Moon told CNBC on Thursday. Meng was […]

Treasury Secretary Steven Mnuchin expressed optimism about the future of a trade agreement with China, saying the U.S. has received commitments for concessions on several key issues. “This is the first time that we have […]

Federal Reserve Chairman Jerome Powell, often criticized for increasing interest rates by President Donald Trump, has been effective at the helm of the nation’s central bank, conservative economist Art Laffer told CNBC on Wednesday. “I’m […]