The Latest on the U.S.-China Trade Conflict: Exchanging Tariffs

Supported by Business Day The Latest on the U.S.-China Trade Conflict: Exchanging Tariffs Photo Loading imported soybeans at a port in the Chinese city of Nantong. China struck back Wednesday at American tariffs placed on its goods with tariffs of its own. Credit CHINATOPIX, via Associated Press It looks a lot like a trade war.
The Trump administration took a direct hit at China on Tuesday for its trade practices, detailing more than 1,300 imported goods from the country that would face a 25 percent tariff. About $50 billion worth of imported Chinese goods will be subject to tariffs, including flat-screen televisions, medical devices and aircraft parts.
China then struck back at the United States with its own tariffs, also worth $50 billion. Those tariffs, on 106 types of American goods, take direct aim at the farm belt and manufacturing hubs, both big bases for President Trump.
[READ MORE: How the administration imposed tariffs and how China retaliated.]
The Trump administration ..

Herbert Kaiser, 94, Health Care Champion in South Africa, Dies

Herbert Kaiser, 94, Health Care Champion in South Africa, Dies Photo Herbert and Joy Kaiser with Nelson Mandela at Mr. Mandela’s home in Soweto, South Africa, in 1991. The Kaisers founded Medical Education for South African Blacks in 1985. Credit Roger Crawford/Kaiser Family Archives In 1971, an American diplomat named Herbert Kaiser was doing a tour of duty in South Africa when he developed melanoma. It did not escape Mr. Kaiser’s notice that, being white, he received excellent medical attention from a white doctor, while the country’s nonwhite population was chronically underserved by the health system, in part because few medical professionals were people of color.
A decade later, after he had retired from the State Department, Mr. Kaiser and his wife, Joy, thought back on that experience and looked into the disparities.
“We learned that out of a black population of over 20 million in 1984, there were only 350 black doctors, fewer than 20 dentists and less than 120 pharmacists,” Mr…

Magners maker C&C throws lifeline to 2,000 workers at Bargain Booze owner Conviviality

Irish drinks group will by wholesale arm but experts say struggling firm not out of the woods yet
Almost 2,000 jobs look set to be saved at Bargain Booze owner Conviviality after an 11th-hour proposal from Magners owner C&C.
Under the deal, the Irish drinks group, which also owns the Bulmers and Tennent’s brands, will acquire Conviviality’s wholesale arm through a pre-pack administration.
This involves a buyer taking over certain assets from a struggling business before it appoints administrators.
Read more Bargain Booze owner set to go into administration risking 2,500 jobs C&C said it plans to buy Conviviality brands Matthew Clark and Bibendum.
Drinks giant AB Inbev will provide additional financing for the deal. PwC is handling the sale and administration.
Michael Mulligan, a partner and insolvency specialist at law firm, Shakespeare Martineau, said the struggling company was not safe yet.
“Whilst a deal is on the cards, the business is still teetering on the brink of ad..