Sentences with phrase «of tariff increases»

Greetings, The United States: This study shows the impact of tariff increases on the economy.

Not exact matches

U.S. - based trade experts said they expected Beijing to offer Trump's team a package of policy changes that may include some previously announced moves, such as a phase - out of joint venture requirements for some sectors, autos tariff reductions and increased purchases of U.S. goods.

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Jim Cramer compares the impact of tariffs on Apple and Walmart to see which company would take a harder hit from increased U.S. - China tensions.

«In a so - called trade war, driven by reciprocal increases of import tariffs, nobody wins, one generally finds losers on both sides,» she said.

According to responses in the latest Institute of Supply Management purchasing manager's index, factory leaders and manufacturers are beginning to get nervous about the ever - increasing trade tensions and what the new tariffs could do to prices.

In the early rounds, the Americans angered the other countries with a two - pronged proposal: on the one hand, drastically increasing the percentage of North American parts a car must have to avoid a tariff, while on the other hand insisting that half the parts be American.

He used cans of Campbell's Soup and Coca - Cola to stress his point about what he called insignificant price increases from Trump's tariffs.

In the early rounds, the Americans angered their Canadian and Mexican counterparts with a two - pronged proposal: on the one hand, drastically increasing the percentage of North American parts a car must have to avoid a tariff, while on the other hand insisting that half the parts be American.

The demand may prove a bigger problem than potentially increasing the overall North American automotive value content from the current level of 62.5 % for tariff - free shipments of vehicles within the region, which officials say Trump's administration also wants to raise.

After tweeting Friday that «trade wars are good, and easy to win» — a statement that flies in the face of both economics and history — he took a shot at European critics Saturday, saying: «If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S.»

«This whole story is causing people to kind of take a step back because at the least it looks like you have an increasingly protectionist administration that is increasing tariffs and scuttling M&A,» Kessler told CNBC.

Record - keeping requirements and disruption to existing supply chains, they warn, could outweigh the benefits of avoiding U.S. tariffs and lead manufacturers to shift production elsewhere and increase reliance on automation.

Aluminum prices have risen more than 20 percent in the last three years — and seem likely to increase further after the Trump administration's vowed to impose tariffs of 10 percent on aluminum and 25 percent on steel.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

«Based on 2017 production mix, if the proposed tariff of 25 % on imported steel translates into a similar magnitude of increase in steel prices, it would impact each firm by roughly $ 1 billion, representing 12 % and 7 % of their 2017 adjusted operating income, respectively,» Kostin said.

Even though Toyota uses mostly U.S. steel and is likely to get exemptions from the tariffs on the steel it does import, Lentz says the price of domestic steel is likely going to increase.

The Institute for Supply Management (ISM) survey published on Tuesday also showed a jump in the cost of raw materials, with prices for steel and other materials increasing because of tariffs imposed by the Trump administration.

Assuming TPP does not affect the total number of cars and trucks sold in North America (in reality, the number of vehicles should increase somewhat due to the downward impact tariff removal will have on prices), TPP could affect employment levels in Canada through several mechanisms:

Depending on the item, the new tariff will be 5 or 6 per cent of an imported good's value, likely leading to an equivalent increase in the retail price for consumers.

«Meanwhile, any inflationary impulse from higher tariffs depends on whether firms view the increase as permanent and if the current state of the business cycle would contribute to a high pass - through rate from tariffs to final goods.»

They include access to billions of government procurement dollars at the provincial and even municipal level — something not found in NAFTA — and eliminating all tariffs in the lucrative auto trade that will give major European car makers a chance to increase sales through lower prices.

-- it will face continued margin pressures «due to higher labor content in certain areas of manufacturing where we have temporarily dialed back automation, as well as higher material costs from recently imposed tariffs, commodity price increases and a weaker US dollar.»

As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.

The changes to the General Preferential Tariff system and the associated 350 million dollar per year tariff increase more than undoes the benefits of the reductions on baby clothes and sporting equiTariff system and the associated 350 million dollar per year tariff increase more than undoes the benefits of the reductions on baby clothes and sporting equitariff increase more than undoes the benefits of the reductions on baby clothes and sporting equipment.

«Smoot - Hawley really demonstrated what a bad idea tariff increases are,» said Alan Deardorff, a trade expert at the University of Michigan.

He was not only breaking with Republican orthodoxy, but was also inviting a trade war that would threaten the livelihood of the working class that he had based his campaign on; it was altogether likely that price increases as a result of his tariffs would wipe out the small income gains that his tax cut bill had brought and slow the healthy economy.

In a separate dispute, Beijing raised tariffs Monday on a $ 3 billion list of U.S. goods including pork, apples and steel pipe in response to increased duties on imports of steel and aluminum that took effect March 23.

Also, Donald Trump's administration has said it plans to invoke Section 301 of the US Trade Act of 1974, which could significantly increase the number of products and trade subject to higher tariffs to the tune of $ 100 billion.

Preliminary studies estimated that the tariffs would increase steel prices by about 9 % and save about 8900 steel jobs, reflecting a cost of about $ 450,000 per job.

'' The Administration's announcement of new tariffs on steel and aluminum imports threatens to drastically increase the prices of many building materials specified by architects,» Carl Elefante, president of the American Institute of Architects, said in a statement.

These tariff increases erode much of the savings from the reduced tariffs on baby clothes.

The tariffs, rather than checking the country's ambitions, will likely increase its confidence on the global stage, allowing Beijing to claim the moral high ground as a supporter of multilateral, open trade.

Torsten Sløk of Deutsche Bank shares the chart of how Trump's steel and aluminum tariffs, and notes that «when prices of imported steel and aluminum increase it will hurt states that are big importers of steel and aluminum» (For more discussion see here and here).

These include reducing personal income tax rates and increasing the GST rate; undertaking a review of the Equalization program to reduce regional disparities and eliminating regionally - differential employment insurance rules; leveling the retirement savings playing field; adopting a formal corporate taxation regime; taxation of interest payments received from active business income of foreign affiliates; and examination of tariffs on imported manufactures and products.

Mr. Trump's announcement was welcomed by a leading Democratic trade hawk in the Senate, Sherrod Brown of Ohio, who said the tariffs were a first step toward a comprehensive response to China that should also include increased screening of foreign investment in the United States to ensure it does not hurt American jobs.

The Prime Minister again raised the notion of special deals for China yesterday as an explanation for the government's decision to increase tariffs.

But with unemployment generally low, a wave of reciprocal tariff increases is simply going to be disruptive and inefficient.

By pv magazine's own calculations The combination of solar, steel and aluminum tariffs could add $ 0.13 per watt to PV system prices, an increase of roughly 4 - 13 % depending on the scale of the system.

«As major users of steel and aluminum, we have been proactive in explaining to the administration that the HVACR and water heating industry would be negatively impacted by an increase in tariffs, as would the consumers that rely on the products we manufacture,» said Yurek.

U.S. - based trade experts said they expected Beijing to offer Trump's team a package of policy changes that may include some previously announced moves, such as a phase - out of joint venture requirements for some sectors, auto tariff reductions and increased purchases of U.S. goods.

All told, the tariffs will increase the cost of utility - scale solar projects by about 10 percent and residential rooftop systems by just 3 percent — raising them roughly to prices seen two years ago.

The Smoot - Hawley Tariff Act of 1930 was followed by tariff increases by Canada and Europe in tit - for - tat restrictions that greatly slowed the US and global recovery from the Great DepreTariff Act of 1930 was followed by tariff increases by Canada and Europe in tit - for - tat restrictions that greatly slowed the US and global recovery from the Great Depretariff increases by Canada and Europe in tit - for - tat restrictions that greatly slowed the US and global recovery from the Great Depression.

Unchallenged so far are any of the other tariff increases that Moffatt has identified which will increase the price of imported bicycles, baby carriages, school supplies, wigs, USB drives, coffeemakers, rugs, paintbrushes, plastic tableware, sandals, scissors and carving knives.

Canada responded with tariff increases of its own, for example, as did Europe.

It may lead the other operators to increase tariffs which could result in loss of market share.

It authorized the creation of fiat money to the tune of nearly five million dollars a month, and it passed a 50 % increase in tax rates in the principal form of federal taxation, the tariff.

Even though the tariff cut on passenger vehicles in January 2005 appears to have encouraged some vehicle buyers to delay their purchases, motor vehicle sales increased a little in the December quarter, resulting in a record level of sales in 2004.

Soon after the announcement and before the tariffs took effect, Trump offered temporary exemptions to several trading partners to «encourage» them to play nice: buy more U.S. stuff; sell Americans less foreign stuff; increase NATO spending (EU countries); agree to U.S. terms on various aspects of the NAFTA renegotiations (Canada, Mexico); agree to export quotas (South Korea) and the temporary exemptions will be made permanent.

However, aerostructures represent roughly 30 % of aircraft costs, meaning that if 100 % of the 10 % tariff hits Boeing, we estimate the airframer will experience only a 2.5 % cost increase.