Redfin expects the FTC to be more open to its proposal to buy RentPath than it was to CoStar’s earlier offer, Chief Financial Officer Chris Nielsen said.
Biden Taps Veteran Team to Clean Up After Trump’s China Fights
Bloomberg 1/20/2021
The veteran officials President-elect Joe Biden has chosen to manage the U.S.’s fractured relationship with China are familiar throughout Asia. But they’ll find the region’s landscape dramatically changed after four years of “America First” upheaval.
Ties between Washington and Beijing have sunk to their lowest point since the height of the Cold War, while the U.S.’s alliances across Asia have been strained by President Donald Trump’s combative trade policies and demands for more troop funding. Biden’s national security team, led by long-time aides such as Antony Blinken and Jake Sullivan, are expected to leave much of Trump’s China policies in place for a period of time as they grapple with domestic crises and work with allies to build a more multilateral strategy to counter Beijing.
U.S. broadens tariffs on EU goods
Shawn Donnan, Charlotte Ryan and Jonathan Stearns, Bloomberg
Dec. 31, 2020
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Boeing airplanes parked at Boeing Field in Seattle on July 27, 2020. The Trump administration imposed tariffs on additional products from the European Union as part of a long-running dispute over subsidies to aircraft makers Airbus SE and Boeing Co.Bloomberg photo by David Ryder
The Trump administration imposed tariffs on additional products from the European Union as part of a long-running dispute over subsidies to aircraft makers Airbus SE and Boeing Co.
In November, the EU instituted duties on some $4 billion in goods from the U.S. after gaining approval from the World Trade Organization. A year earlier, the U.S. sanctioned about $7.5 billion in imports from the EU including French wine and Scotch whisky.