US tariffs on Chinese imports, and confusion over those changes, could force homegrown consumer brands to reconsider their US strategies.
West Texas Intermediate was steady near $71 a barrel, and is down almost 3% this week, while Brent crude closed above $74.
The push to scale back the loss-making China operation is at odds with global managing partner Bob Sternfels. Read more at straitstimes.com.
On Thursday, Jamieson Greer, President Donald Trump’s pick for trade representative, defended the White House’s recent move to impose tariffs on three major countries: Mexico, Canada and China.
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