This key employee is none other than Vice President Matt Card, who has been testifying in favor of strong trade action
on global imports.
Fears about a trade war between the world's two biggest economic powers emerged in March after Mr. Trump unveiled tariffs
on global imports of aluminum and steel.
«The sharp decline in March export growth after very solid performance in January and February suggests some exporters may have front - loaded exports (early) this year due to concern over the possibility of a Sino-U.S. trade war after the U.S. hiked tariffs
on global imports on solar panels and washing machines,» said Lisheng Wang, an economist at Nomura in Hong Kong.
Not exact matches
Last week, President Donald Trump insisted «trade wars are good» after a contentious
global response regarding his decision to impose tariffs
on steel and aluminum
imports.
Donald Trump's threats to slap steep tariffs
on Chinese and Mexican
imports may have won him votes in Republican primaries but they would likely backfire, severely disrupting U.S. manufacturers that increasingly depend
on global supply chains.
As the U.S. - based industry awaits that ruling, companies are looking in other countries to hedge their bets
on a
global,
import - export industry.
The World Trade Organization cut its forecast for
global trade growth this year by more than a third
on Tuesday, reflecting a slowdown in China and falling levels of
imports into the United States.
In an attempt to improve U.S. business competitiveness
on the
global stage, Trump has spoken of a 45 percent tariff
on Chinese
imports.
Since my last Sino - Saturday edition, much has happened
on the trade front: Donald Trump announced plans to impose tariffs of as much as $ 60 billion
on imports from China; China fired back with tariffs of $ 3 billion against
imports from the US, a promise to challenge US penalties at the World Trade Organization and some tough language threatening more painful countermeasures to come;
global markets took a nosedive.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU,
on general market conditions,
global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted
on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things
import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition
on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger
on the market price of United Technologies» and / or Rockwell Collins» common stock and / or
on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
But the breadth of Trump's tariffs in March, which slapped
global penalties
on imports of common commodities, was severe enough to prompt the resignation of the president's top economic advisor, Gary Cohn.
He defended Trump's decision to set levies of 25 percent
on imported steel and 10 percent
on aluminum, a move that rocked financial markets and which critics say threatens U.S. jobs and ignites the possibility of a
global trade war.
May 2 - U.S. soybean sales to China ground to a halt after Beijing threatened tariffs
on imports, the CEO of agricultural trader Bunge Ltd said
on Wednesday, the latest sign of mounting trade tensions upsetting the
global flow of commodities.
WASHINGTON (Reuters)- President Donald Trump will announce tariffs
on Chinese
imports on Thursday, a White House official said, in a move aimed at curbing theft of U.S. technology and likely to trigger retaliation from Beijing and stoke fears of a
global trade war.
The export bounce is, at face value, a sign that China's modest economic revival is intact and suggestive of
global demand being
on the mend, but
imports were surprisingly weak, falling 15.2 percent from a year earlier to 13 - month lows and highlighting vulnerability lurking in the domestic economy.
The
global steel industry is waiting to see what action the U.S. takes in terms of duties
on imports after a report found some injury to its domestic market, but Kestenbaum said he was encouraged by language that suggests Canada is not a threat to the U.S. industry.
President Donald Trump is said to be considering imposing a
global tariff of 24 percent
on steel
imports, but our Econometer panel has strong opinions
on it.
WASHINGTON — President Trump said
on Thursday that he would impose stiff tariffs
on imports of steel and aluminum, making good
on a key campaign promise and rattling stock markets as the prospect of a
global trade fight appeared imminent.
By imposing tariffs
on steel and aluminum
imports, U.S. President Donald Trump is proposing a 19th century strategy in the context of a 21st century
global economy.
With his announcement last week of broad tariffs
on imported steel and aluminum, President Trump launched what could be the first salvo of an all - out
global trade war.
Primed for economic combat, President Donald Trump set in motion tariffs
on as much as $ 60 billion in Chinese
imports to the U.S.
on Thursday and accused the Chinese of high - tech thievery, picking a fight that could push the
global heavyweights into a...
Furthermore, we would expect any rises in
global bond yields to be at least partly
imported into Canada — with possible implications for the Canadian dollar — and with an uncertain net effect
on our economy.
By imposing tariffs
on steel and aluminum
imports, President Donald Trump is proposing a 19th century strategy in the context of a 21st century
global economy.
It puts the U.S. market into
global context and delivers data
on coffee production and consumption, quarterly growth,
imports and exports, advertising and demographics.
Throughout our history, we have successfully relied
on our exports and
imports, particularly during the vast expansion of
global trade in the decades following the Second World War, to support our rising standard of living.
In a great deal of showmanship, he gave
global markets exactly what they wanted and needed by promising to raise the country's limits
on foreign investment and lower
import duties
on products such as cars.
The market's losses were extended after China's state - run
Global Times reported that Beijing would soon announce a list of retaliatory tariffs
on United States
imports, reigniting fears of a U.S. - China trade war.
Republican congressional leaders stepped up their efforts Monday to stop President Donald Trump from implementing
global tariffs
on steel and aluminum
imports, warning that the protectionist move would damage the economy and muddle the party's message...
In recent weeks, the countries have threatened to impose
import tariffs
on one another, prompting fears of a trade war that could hurt the
global economy.
DAVOS, Switzerland — Hours after the Trump administration announced its first major tariffs
on imported washing machines and solar panels, Canadian Prime Minister Justin Trudeau told a
global audience that his country had just reached a historic trade deal with 10 Asia - Pacific countries.
In both cases, Trump acted under a provision of U.S. trade law authorizing
global or «safeguard» tariffs, which had not been used since President George W. Bush levied tariffs
on imported steel in 2002.
Tmall
Global is gearing up with a slate of special offers for PRC residents
on imported goods from seven countries including the U.S., U.K. and Germany.
In the 1930s, when
global demand collapsed, countries fought for shares of a shrinking market by levying tariffs
on imported goods.
The dispute has weighed
on global financial markets amid concern it could spiral into a damaging round of retaliatory
import controls by governments worldwide.
BTW I think the L&G
Global fund actually tracks an «ex-UK» index, so that may risk too much
on the correlation with non-UK bonds (especially if we continue to
import inflation with a weak currency... don't go there).
The White House is planning to make a major announcement Thursday about whether it will impose new limits
on steel and aluminum
imports, three people familiar with the event said, following months of speculation about whether President Donald Trump would follow through
on trade threats and impose tariffs that could roil
global markets.
Fears of a
global trade war have risen after Trump imposed hefty
import tariffs
on steel and aluminum earlier this month under Section 232 of the 1962 U.S. Trade Expansion Act, which allows safeguards based
on «national security».
President Donald Trump
on Thursday signed an order authorizing new tariffs
on steel and aluminum
imports, possibly setting the stage for a
global trade war.
11.55 Capitalise
On International Influences To Deliver Exciting, Range - Boosting Products, Recognise New Markets & Get To Grips With The Challenges Of
Import & Export Following Brexit Cathy Kidd,
Global Marketing Director, Kerry Foods Hannah Ingram - Moore, Head of B2B, Whittard of Chelsea
BevRoute is the ONLY magazine that is focused
on global wine, beer, spirits
import and wholesale business.
The co-operative cited a spike in the Australian dollar and a
global dairy market that continues to weaken after China slashed its spending
on bulk dairy
imports and amid Russia's ongoing trade sanctions
on many western products.
BevRoute is the ONLY Magazine that is focused
on global wine, beer, spirits
import and wholesale business.
Russia's ban
on imported agricultural products, including dairy products, is due to end in December 2017, boosting
global dairy prices, says an industry report.
We focus
on ruminant livestock since it has the highest emissions intensity across food sectors... While shifting consumption patterns in wealthy countries from
imported to domestic livestock products reduces GHG emissions associated with international trade and transport activity, we find that these transport emissions reductions are swamped by changes in
global emissions due to differences in GHG emissions intensities of production.
Presenters at the public summit included Nate Lewis, Farm Policy Director for the Organic Trade Association, speaking
on how to build organic farmer coalitions and encourage farmers to transition to organic; Dr. Jessica Shade, Director of Science Programs for The Organic Center, presenting the latest research
on the benefits of organic; and Monique Marez, who gave an update and analysis of
global organic trade and
imports.
Increased
global demand for
imported breast milk substitutes (infant formula, follow -
on formula and toddler milks) in Asia, particularly China, and food safety recalls have led to shortages of these products i...
Trump said that he would impose stiff tariffs
on imports of steel and aluminum, making good
on a key campaign promise and rattling stock markets as the prospect of a
global trade fight appeared imminent.
Listing
on the ESA would require the federal government to limit
imports of giraffe parts into the United States and would therefore help curtail
global demand.
Hydrogen could therefore help ease pressing environmental and societal problems, including air pollution and its health hazards,
global climate change and dependence
on foreign oil
imports.
The issue is not whether the U.S. can significantly reduce its reliance
on oil
imports with domestic, offshore oil, say both Kaufman and Nathan, but whether there is enough that is recoverable to significantly lower the price of a barrel of oil
on the
global market.