Detroit Bikes, a rare domestic maker of bicycles, could see business increase as a result of increased U.S. tariffs on Chinese bikes. But imported parts it relies on are also subject to higher taxes.
Morrison's win defied analysts and pollsters, who had predicted his defeat for several months. "Tonight is about every single Australian who depends on their government to put them first," he said.
The escalating trade war between the U.S. and China may be painful for American consumers and companies but Trump's supporters say the battle is long overdue.
In 2017, a court had given the government two years to create a legal framework for gay marriage. On Friday, lawmakers passed the most progressive of three bills.
The Trump administration's blacklisting of Chinese telecommunications giant Huawei could disrupt the company's supply, and slow down the rollout of global 5G networks.
The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.
In less than two years, the Chinese brand has opened 2,300 stores — second in China only to Starbucks. The company went public on Nasdaq on Friday. And it's losing millions.
Hundreds of supporters who gathered outside parliament cheered and embraced at the news. The landmark decision makes the self-ruled island the first place in Asia to pass gay marriage legislation.