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Monday, June 17, 2019

Tag: tariffs

India set to raise tariffs on some US goods

President Donald Trump's decision to strip New Delhi of its preferential trade status earlier this month appears to have triggered the latest Indian move.

Wal-Mart and hundreds of other companies call on Trump to drop...

'We know firsthand that the additional tariffs will have a significant, negative and long-term impact on American businesses and the US economy.' says the companies and groups in a letter

Trump leaves China tariff deadline open, calls relationship ‘testy’

Trump believes manufacturers are pulling out of China under pressure from the tariffs the US has already imposed.

China will respond if US escalates trade tension

China will not keep quiet but retaliate firmly if America is bent on escalating trade war tensions.

Dollar near 2 1/2-month lows as bets on rate cut grow

'Bets of US rate cuts have been rising quickly in recent days and we think the pricing has become too aggressive so the dollar's downside is limited,'says Manuel Oliveri, a currency strategist at Credit Agricole in London.

Trump renews Mexico tariff threat amid row over migration deal

Trumps says the tariffs will be reinstated if Mexico’s new migration deal is not forthcoming.

Trump believes China will make trade deal

However, US President Donald Trump has threatened to put trade tariffs in effect immediately if President Xi Jinping does not attend the G20 summit.

Trump threatens more tariffs on Mexico

US President Donald Trump threatens to reinstate tariffs on Mexico if they do not vote in favour of part of a new immigration deal.

China’s exports beat forecast to rise as trade war heats up

Trade talks between Beijing and Washington stall while the two countries threaten to slap more sanctions on each other.

Asian markets and peso rally as Trump drop Mexico tariffs threat

Traders breathe a sigh of relief that the North American neighbours reach a last-minute immigration deal that averted the imposition of 5% levies on Mexican imports.

US treasury’s Mnuchin says Mexico immigration deal fixes problems

If Mexico fails to fix its immigration problems, US president Donald Trump says tariffs will be imposed.

Trump’s Mexico reprieve offers rare good news for world economy

The World Bank forecast that the world economy will expand 2.6% this year, compared with a projection of 2.9% it made in January.

Bursa Malaysia likely to continue uptrend next week

However, market watchers will be waiting to see if the US cuts interest rates.

US to expand programme sending asylum seekers to Mexico

The US and Mexico will continue discussions on illegal immigration.

Mexico reaches deal with US on migration, averting tariff war

The announcement of a deal comes after three days of Mexico-US negotiations in Washington.

Trump to decide on next China tariffs after G20 summit

US and Chinese negotiators hit an impasse in trade talks last month.

Mexico scrambles to slow migrants as Trump tariffs loom

Negotiators are still trying to find agreement on issues including asylum application procedures and financial aid to Central American countries.

White House: Mexico not doing enough, on ‘path of tariffs’

Mexican Foreign Minister Marcelo Ebrard is holding a second straight day of talks in Washington in a bid to avert the tariffs.

Trump to make a decision on China tariffs ‘right after G20’

Donald Trump now says he will announce a decision on whether to increase tariffs on China after the G-20 meeting in Japan.

Vietnam tops list of biggest winners from US-China trade war

Vietnam gained orders from trade diversion on tariffed goods equal to 7.9% of gross domestic product in the year through the first quarter of 2019.

Mexican president predicts good results from US talks on tariffs

The tariffs will come into play on June 10 if Mexico does not halt the flow of illegal immigration across the US-Mexican border.

China to lay out white paper on trade talk position

The release comes after China’s retaliatory tariffs on the US officially kicked in Saturday in Beijing.

VW, Fiat hit as European shares slump on Trump’s Mexico tariffs

Volkswagen and Fiat Chrysler is also affected by global trade tensions as President Donald Trump promises tariffs on Mexican imports.

Oil extends drop as Trump’s Mexico tariffs worsen demand worries

The Mexico tariffs have taken the markets by surprise, rattling investors already spooked by the worsening US-China trade war.