British Prime Minister Theresa May expressed «deep concern»
over the tariffs in a phone call with Trump on Sunday, according to a Downing Street spokesperson.
Not exact matches
Budget 2016 announces that the Government will eliminate
tariffs on about a dozen manufacturing inputs, providing an estimated $ 9 million
in tariff savings
over the next five years to Canadian manufacturers
in the consumer goods and transportation sectors.
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.
«Until we see
over the next month or two that the administration... is going to follow through on their stated intent to make sure that whatever regime is put
in place... come (s) with quotas that don't dent one iota the intended impact of the
tariffs, then there's going to be some uncertainty out there.
The World Bank estimates that this sub-heading generated only $ 4.2 million
in (estimated) tax revenue for the Canadian government, as 91 % of Canada's imports of these items were manufactured
in the United States and are eligible for
tariff free status under NAFTA, though this requires companies obtain certificates of origin and wade through NAFTA rules - of - origin regulations that are
over 500 pages long.
BEIJING, May 3 - A U.S. trade delegation arrived
in Beijing on Thursday for key talks
over tariffs, with Chinese state media saying China will stand up to U.S. bullying if needed but that it was still better to hash things out around the negotiating table.
In particular, agriculture states, already battered by low crop prices and poor weather, are antsy about getting slammed by tariffs in retaliation for Trump trade actions over steel, aluminum and Chin
In particular, agriculture states, already battered by low crop prices and poor weather, are antsy about getting slammed by
tariffs in retaliation for Trump trade actions over steel, aluminum and Chin
in retaliation for Trump trade actions
over steel, aluminum and China.
To operate
in one of the most exciting growth markets on the planet, the company had to grapple with Brazil's strict regulatory apparatus and leap
over a menacing
tariff wall that keeps out foreign - made products and workers.
More from the South China Morning Post: Kim Jong - un wife's fashion sense a hit with China's public China's secrecy
over Kim Jong - un's visit was part of a long - standing tradition US and China
in talks to shield soybeans and other farm products from trade war
tariffs
BEIJING, May 3 (Reuters)- A U.S. trade delegation arrived
in Beijing on Thursday for key talks
over tariffs, with Chinese state media saying China will stand up to U.S. bullying if needed but that it was still better to hash things out around the negotiating table.
CNBC's Eamon Javers reports on the latest out of the White House including more tweets from the president on Amazon and China announcing
tariffs on
over 100 products
in retaliation to
tariffs levied by the Trump administration last month.
But despite widespread unhappiness
in the party
over Trump's
tariffs, passage of such legislation would be a long shot - especially since a two - thirds super-majority would be needed for passage
over a likely presidential veto.
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.
In just
over a month, what began with
tariffs on steel and aluminum has grown into a war of words between the U.S. and China — a showdown now threatening nearly 1,500 product lines.
In mid-January, Trump announced that the US will administer a 30 %
tariff on imported solar panels, which will fall to about 15 %
over a period of four years.
In particular, Baker notes that smaller companies may not have the capital required to weather the imposition of
tariffs on Chinese imports
over time, or to absorb the cost of the
tariffs if they export goods to the Chinese market.
Knight would be the second top economic policy aide to leave the White House
in recent weeks after Gary Cohn, the former head of the council, resigned last month
over his disagreement with the president's implementation of steel and aluminum
tariffs.
In the months ahead,
tariffs on lumber exports to the U.S. will bite, while uncertainty
over trade policy will continue to impede investment.
Trump was reportedly
in a foul mood
over months of internal foot - dragging
over tariffs.
I would be delighted if they would attach a dollar commitment as well (e.g. we will cut $ 250 million
in tariffs over the next 3 years), though that is probably asking too much.
* TRADE: A U.S. trade delegation arrived
in Beijing on Thursday for key talks
over tariffs, with Chinese state media saying China will stand up to U.S. bullying if needed but that it was still better to hash things out around the negotiating table.
President Donald Trump increased pressure on Canada and Mexico
over trade on Monday, saying the two could avoid being caught
in his planned hefty
tariffs on steel and aluminum if they ceded ground
in talks on a new NAFTA trade deal.
A senior European diplomat
in Beijing said China would be relieved to see Europe and Washington at odds
over the metals
tariffs.
Democratic Senator Elizabeth Warren, not usually known to agree with the president, said
in Beijing
over the weekend that she was not afraid of
tariffs, and that U.S. policy towards China had been «misdirected» for decades.
Rothschild sued the Daily Mail
over a report
in the paper that he arranged for Lord Mandelson, the former EU trade commissioner, to meet with Russian billionaire Oleg Deripaska
in order to gain assurances that EU aluminum
tariffs would not rise.
He'll be a primary player
in the debates
over possible steel and aluminum
tariffs and recently hand - delivered reports to the president on the national security findings on both metals.
Recent events
in Europe and the United States have only magnified challenges, with new question marks
over global economics, currency trends and future trade
tariffs.
WASHINGTON Gary Cohn, the top economic adviser to U.S. President Donald Trump and a voice for Wall Street
in the White House, said on Tuesday he would resign, a move that came after he lost a fight
over Trump's plans for hefty steel and aluminum import
tariffs.
This would add to the company's cost burden
in the short - term, but
over the medium and long term, it could be a benefit — if
tariffs go through.
In a separate trade battle with China, the United States has threatened to impose tariffs on $ 150 billion of Chinese goods in retaliation for what it argues are Beijing's unfair trade practices and its requirement that U.S. companies turn over technology in exchange for access to its marke
In a separate trade battle with China, the United States has threatened to impose
tariffs on $ 150 billion of Chinese goods
in retaliation for what it argues are Beijing's unfair trade practices and its requirement that U.S. companies turn over technology in exchange for access to its marke
in retaliation for what it argues are Beijing's unfair trade practices and its requirement that U.S. companies turn
over technology
in exchange for access to its marke
in exchange for access to its market.
China on Wednesday, April 4, 2018 vowed to take measures of the «same strength»
in response to a proposed U.S.
tariff hike on $ 50 billion worth of Chinese goods
in a spiraling dispute
over technology policy that has fueled fears it might set back a global economic recovery.
«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.
The Trump administration's tit - for - tat with Beijing
over potential
tariffs has ushered
in a high - stakes standoff
over the future of trade between the world's two largest economies.
An extension of the
tariff deadline was more widely expected for Canada and Mexico, which are still
in negotiations with the United States
over Nafta.
The only way Congress could really stop the
tariffs is by passing a measure with a veto - proof majority that would either strip Trump's executive powers
over tariffs or undo the ones he has put
in place.
That would,
in turn, give the «America First» trade advisers
in the White House a stronger grip
over trade policy and could make other controversial
tariff policies more likely
in the months to come.
A US trade delegation arrived
in Beijing on Thursday for key talks
over tariffs.
FRANKFURT — American allies did not bother to conceal their annoyance Tuesday with the Trump administration's last - minute decision to delay punitive aluminum and steel
tariffs by a month,
in their view leaving a sword of Damocles hanging
over the global economy.
Demand for U.S. soybeans remains strong, regardless of worries China could target the crop
in retaliation
over Trump administration
tariffs.
With CPTPP, 95 % of existing
tariffs will ultimately be eliminated, though some will be phased
in over time.
Thanks to steep fall
in tariffs over the years and complex rules of origin, much of world trade is happening...
Thanks to steep fall
in tariffs over the years and complex rules of origin, much of world trade is happening outside of FTAs
The combination of lower
tariffs, non-tariff market access measures and having one set of rules for trade with 10 economies with the ability to build new supply and production chains across the TPP adds up to a significant advantage for Canadian companies
over competitors
in the U.S. and Europe.
It was unclear whether Beijing's action might mollify U.S. President Donald Trump, who has threatened to slap
tariffs on $ 150 billion of Chinese goods
in response to complaints that Beijing pressures foreign companies to hand
over technology.
For example,
in 2014 Canada threatened to place
tariffs on American wine, ketchup and orange juice during a dispute
over country - of - origin labeling.3
But there have been signs
in the past few weeks that as U.S. President Donald Trump has ratcheted up the pressure on China
over its trade policy — including a series of threats to impose punitive
tariffs on Chinese goods coming into the United States — that a backsliding on deleveraging may be close.
Up to one third of the 260,000 Americans currently employed
in the industry are at risk because of the
tariffs over the longer term, the group said.
With the enactment of CETA, approximately 94 % of EU agricultural
tariffs will be eliminated for Canadian exporters, giving them an advantage
over competitors
in countries that do not have a free trade agreement with the EU.
As China and the United States got closer to a full - blown trade war on Wednesday, with China threatening to impose
tariffs on 106 more U.S. products after a similar U.S. move on Tuesday, one major question is looming larger than ever
over the world's two biggest economies: Once you're
in a trade war, how do you get out of it?
If Navarro took the NEC position, it could also alienate Republican lawmakers and widen the rift between the president and his party that's developed
in the past week
over tariffs.