China will almost certainly retaliate against the U.S. for accusations that it infiltrated computer networks to steal corporate secrets, though its slowing economy will restrain any actions, according to trade analysts.
Companies with investments in Russia -- such as General Electric Co. and Boeing Co. -- are growing concerned as the U.S. prepares to impose tougher sanctions over the crisis in Crimea that may spur retribution against corporate interests.
Russia’s energy industry will be denied detonators from the U.S. used for oil and gas drilling as the Obama administration expands its response to the annexation of Crimea by suspending sales of goods with military uses.
Speaker John Boehner predicts the U.S. House can renew worker aid backed by the Senate and approve three free-trade accords in the next month, as long as President Barack Obama sends the delayed accords first.
U.S. companies with operations in Russia should prepare for growing tensions by reviewing evacuation plans, tightening cybersecurity and being alert for a spike in anti-American sentiment, according to corporate- security analysts.
Legislation pressing China to raise the value of its currency is set for a vote in the U.S. House next week, as Republicans joined Democrats in expressing frustration that the yuan is appreciating too slowly.