The tit-for-tat trade war is escalating and for embattled corporate treasurers it means manning the foreign exchange bunkers. CT looks at the situation in the currency trenches.
Tough trade talk from the White House is now a permanent feature of the economic landscape. Is ZTE gut-wrenching share price plunge just a taste of things to come?
In China, telecoms giant ZTE is on the front pages presented as a pawn in a larger political game, but the lessons of looking out for compliance apply to every corporate treasury in the region
As the United States and China open up a new frontline in a looming trade war, regional treasurers in the China supply chain would do well to make provisions.
Tariffs are just one of Trump’s weapons to move manufacturing and the global supply chain back to the US. Companies such as Apple could face a potential 40% increase in production costs, Goldman Sachs estimates.