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"tariffs" tag
euro-eu-marketexpress-in

EU trade bodies slam US decision to retain tariffs

The US government said Europe had not done enough to be in compliance with WTO decisions. The EU has called for intensified efforts to resolve the trade dispute. European trade groups reacted with regret and...

us-china-trade-tariffs

New round of US-China trade tariffs worth $200 billion takes effect

The introduction of an additional 15% tariff on thousands of goods has ratcheted up the Trump-Xi trade war. Although fresh trade talks will resume later this month, Washington and Beijing continue the tough rhetoric. The...

equities

Collective Sigh of Relief Lifts Equities, Yields, and the Dollar

A global sigh of relief that the US will not tariff all its imports from Mexico. Equities are all higher, and the weekend demonstrations in Hong Kong over a bill allowing extraditions to the mainland...

mexico-us-wall

US Struggles to Build Physical Wall, Tries Tariff Wall on Mexico

The US announcement to lay a 5% tariff on all goods coming from Mexico (starting June 10) until it stops the flow of “illegal migrants” spurred sharp losses in the Mexican peso and general risk-off...

How much damage are Trump’s tariffs doing to the Chinese economy?

Chinese exports to the US have been subject to the Trump tariffs since last July. According to the US President, this is wrecking the Chinese economy but does the Asian power ultimately have more stomach...

us-china

Can fresh US-China trade talks bring a breakthrough?

US officials are in China on Monday for the start of fresh trade negotiations. What’s on the agenda — and what progress could be made as another deadline looms in the trade battle between Beijing...

global-growth

2019: The year after peak global growth

Over nearly 10 years, the world economy has been growing by a moderate but steady clip. In 2019 though, risks such as Brexit, trade wars and higher interest rates could spell the end to an...

india-currency-oil-prices-marketexpress-in

India’s currency tumbles amid rising oil prices

The Indian rupee has turned out to be Asia’s worst-performing currency this year as the nation’s economy struggles with rising oil prices, a widening current account deficit and broader emerging market concerns. The rupee has...

china-us-tariffs-marketexpress-in

What China could do to counter US tariffs

Amid intensifying trade friction between Washington and Beijing, a new round of US tariffs took effect on Monday, raising the stakes for both sides. China seems to have several tools up its sleeve to counter...

japan-marketexpress-in

Next stop in Trump’s trade crusade: Japan

US President Donald Trump remains focused on reducing the American trade deficit, and Japan may be the next target. An American newspaper cites the president as saying he wants to make Tokyo “pay” for its...

us-tariffs-implications-trade-marketexpress-in

Some Initial Consequences of Trade Tensions

The Trump Administration argues that other countries have been taking unfair advantage of the US on trade for years, and what many are calling a trade war is really only the US finally saying enough....

eu steels tariffs

EU steels itself with new tariffs aimed at protecting domestic industry

In the wake of US tariffs on steel and aluminum, the EU has made several counter moves and has now raised tariffs of its own on steel imports which exceed quotas based on current levels....