Monday, 10 December 2018

Tag Archives: US Tariffs

Trump’s tariffs on $200 bn of Chinese imports kick in

WASHINGTON: Donald Trump’s threatened tariffs on another $200 billion of Chinese imports took effect on Monday, escalating a trade war between the world’s top two economies that is clouding the global outlook. The latest volley against Beijing brings the amount of goods hit by duties to more than $250 billion, ...

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Dollar weakens after Trump’s Fed comments

FILE PHOTO: Bundles of banknotes of U.S. Dollar are pictured at a currency exchange shop in Ciudad Juarez, Mexico, January 15, 2018. REUTERS/Jose Luis Gonzalez/File Photo

HONG KONG: The dollar dipped Tuesday in Asia after Donald Trump hit out at the Federal Reserve´s interest rate rises and accused it of not backing his economic plan, while most equity markets edged up ahead of highly anticipated China-US trade talks. The greenback has been on the ascent in ...

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US pledges $300m security funding for south-east Asia

China's Foreign Minister Wang Yi (6th from L) poses with (L to 5th L) Laos' Minister of Foreign Affairs Saleumxay Kommasith, Malaysia's Foreign Minister Saifuddin Abdullah, Myanmar's Union Minister for the Office of the State Counsellor U Kyaw Tint, Thailand's Foreign Minister Don Pramudwinai, Vietnam's Deputy Prime Minister and Foreign Minister Pham Binh Minh, (6th R to R) Singapore's Minister for Foreign Affairs Vivian Balakrishnan, Philippines' Foreign Affairs Secretary Alan Peter Cayetano, Brunei's Second Minister of Foreign Affairs and Trade Erywan Yusof, Cambodia's permanent representative to the Association of Southeast Asian Nations Kan Pharidh, Indonesia's Foreign Minister Retno Marsudi, and ASEAN Secretary General Lim Jock Hoi during a bilateral meeting at the 51st Association of Southeast Asian Nations (ASEAN) Ministerial Meeting in Singapore on August 2, 2018. / AFP PHOTO / ROSLAN RAHMAN / “The erroneous mention[s] appearing in the metadata of this photo by ROSLAN RAHMAN has been modified in AFP systems in the following manner: [adding identity of Cambodia's permanent representative to the Association of Southeast Asian Nations Kan Pharidh]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require.

BEIJING on Saturday vowed to maintain its military presence in the South China Sea, insisting the US is “the biggest force for militarisation in this region” after US Secretary of State Mike Pompeo pledged US$300 million to boost security in the Indo-Pacific. The investment is part of US efforts to ...

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Trump threatens tariffs on all $500 billion of Chinese imports

© Aly Song / Reuters

© Aly Song / Reuters WASHINGTON/BEIJING: U.S. President Donald Trump said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to escalate a clash over trade policy that has unnerved financial markets. “We’re down a tremendous amount,” Trump said in an interview about trade ...

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Trade war: US lists next $200 bn Chinese goods to face tariffs

WASHINGTON: The United States late Tuesday announced it was starting the process to slap 10 percent tariffs on another $200 billion in Chinese export goods as soon as September, escalating the trade war between the world’s two largest economies. President Donald Trump vowed to hit back on a growing list ...

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France says Europe united against US tariffs

AIX-EN-PROVENCE: The French government insisted on Sunday that Washington should expect united retaliation from Europe to further tariff increases after Germany signaled it was prepared to negotiate. With Germany’s powerful car industry facing the threat of higher U.S. duties, Chancellor Angela Merkel said last Thursday she would back a lowering ...

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Ford’s Sale Slump After US Tariffs on Chinese Products

BEIJING: Ford Motor’s <F.N> China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst-ever first half, as buyers shunned its aging models that are awaiting overhauls and flocked to rivals. The U.S. automaker announced on Friday it sold 62,057 vehicles in China in ...

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