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Will the ‘’phase one’’ be cancelled?

China won’ t allows American military ships and aircrafts to enter to Hong Kong. They also announced new sanctions on the U.S. non-government organisations. Announcement was as the counterattack on the U.S. legislation passed supporting anti-government protestants by Trump’s signing the ‘’Hong Kong Human Rights and Democracy Act.’’ Foreign NGOs have many restrictions in China.... Will the ‘’phase one’’ be cancelled?
China won’ t allows American military ships and aircrafts to enter to Hong Kong. They also announced new sanctions on the U.S. non-government organisations. Announcement was as the counterattack on the U.S. legislation passed supporting anti-government protestants by Trump’s signing the ‘’Hong Kong Human Rights and Democracy Act.’’

Foreign NGOs have many restrictions in China. The reason is the China is holding embargo on the reporting on rights. NGOs were many problems reporting the information detention of Uighur Muslims in Xinjiang in the past.

How the America will answer on this step? Will imposed tariffs act from December?

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FedEx surprised Wall Street with stronger-than-expected earnings

FedEx surprised Wall Street with stronger-than-expected earnings

The U.S. package delivery giant FedEx (NYSE: FDX) reported better-than-expected fourth-quarter earnings results on Tuesday after the market close. While the company reported a loss of $334 million in its fiscal fourth quarter but its revenue surpassed the expectations as the Covid-19 pandemic continues to boost the online shopping.