Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 321 results for "Tariff"

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... by the Fed, titled The Economic Effects of Trade Policy Uncertainty, quantified the direct and indirect effects of the tariff wars. According to Reuters: "The Fed researchers analysed newspaper articles and corporate earnings calls to estimate trade ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
... imports from the US. Absent an October deal (a mammoth IF), BBC writes: "On 1 October, the US plans to raise an existing 25% tariff on some Chinese products to 30%." "Washington then plans to deliver a wave of new tariffs on Chinese goods, ranging from ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... border could be severely hampered. Manufacturers fret about the effect on just-in-time supply chains of tariffs and non-tariff barriers. Farmers and fishers are worried about duties on sheep, beef and fish exports. Service businesses and the NHS talk ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
Aside for bragging rights, I can't understand why the current Australian government remains hell-bent on achieving that promised "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... of the economy." These are all valid rationales. However, factor in the general global uncertainty that is Trump and his tariff war - conspicuous in the FOMC "participants'" reasons by its absence and Trump's demand for a 100 basis rate cut (plus ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
"Your breath first kindled the dead coal of wars And brought in matter that should feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... momentum toward achieving the price stability target will be lost". That was printed on July 30, before Trump ramped up his tariff war with China (on August 1) and before all the other uncertainties mentioned above (and then some) escalated and blew ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... disappointed with its non-commitment to further rate cuts - and deeper (-14 bps) - the day Trump tweeted the application of a 10% tariff on US$300 billion worth of US imports from China starting 1 September. The yield differential stood at -29 bps at ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... neighbours by imposing increased tariffs on US imports. History shows that this is a lose-lose proposition. The Smoot-Hawley Tariff Act - enacted on 17 June 1930 (the time of the Great Depression) - increased the tariffs on US imports from 25.9% to 50%. ...