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Showing 31 - 40 of 132 results for "Tariffs"

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... of raising them when it did. Certainly, it would put downward pressure on the US dollar and, coupled with his increased tariffs, would reduce the US trade deficit. Lower US interest rates and a cheaper currency will make America great again! Just think ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... perhaps US President Donald Trump and his war on trade with Beijing. There's no denying Washington's increased tariffs on imports from China has had deleterious effects on the Chinese economy. So much so the powers in Beijing have resorted to ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... more polite than tit-for-tat tweets. But at the end of the day, those hopin' and wishin' and prayin' that the tariffs would just go away and watch Trump and Xi kiss and make up are sure to be disappointed. The uncertainty over an escalation/de-escalation ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... Trump might get what he wants from the Fed too. For as IMF managing director Christine Lagarde recently warned: "US-China tariffs-including those implemented last year-could reduce global GDP by 0.5 percent in 2020. This amounts to a loss of about US$455 ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... predicted in January) and 2.7% (from 2.8%) in 2020. Similarly, IMF managing director Christine Lagarde warned that, "US-China tariffs-including those implemented last year-could reduce global GDP by 0.5% in 2020 (see chart, bottom panel). This amounts ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied......at which time the Tariffs will be removed. Details from the White House to follow [ sic ]." Donald Trump tweeted this renewed call to war on Mexico ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... against Europe - Politico quotes European trade commissioner Cecilia Malmstrom warning EU trade ministers to brace for "US tariffs on billions of euros worth of European goods over a dispute about Airbus subsidies" - would only exacerbate the single ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... can blame Tariff Trump and his trade war with the rest of the world. But the immediate implication of higher retaliatory tariffs would be to lift inflation in America as businesses pass on their higher costs onwards onto Mr. & Mrs. Smith. This, at least ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... financial markets and downward pressure on economic growth (and inflation). As at 12:01am on May 10 New York time, US tariffs on about US$200 billion worth Chinese goods increased from 25% from 10% with Trump already readying the paperwork to slap a ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... Tzu, The Art of War Trump must be fuming and scratching his golden hair. Not that China retaliated for his lifting of tariffs on goods imported from China - Trump and his dog expected as much - but that the financial markets reacted more to Beijing's ...