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Showing 171 - 180 of 245 results for "Tariffs"

Chief economist update: When QE turns to QT

BENJAMIN ONG  |  TUESDAY, 16 OCT 2018
... 2019 and one in 2020). Trump has already upped the ante on his trade war against China then, announcing another set of tariffs on US$200bn worth of Chinese goods (effective 24 September) and the US-Mexico-Canada Agreement (USMCA) signed on 1 October. ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... been aiming for all along? That is, to rebalance its economy away from exports and into domestic consumption? Trump's tariffs may have just hastened that rebalancing and China won't be hurt as much. This is because China's reliance exports ...

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
... Chapter 19 dispute resolution mechanism Trump initially wanted to remove. Canada and Mexico will be exempt from US auto tariffs but the 25% tariff on steel and 10% on aluminium would remain. The US will allow both Canada and Mexico to export 2.6 million ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... balanced", Powell noted a "rising chorus" of concerns among US businesses over the US-China trade war. "If we have widespread tariffs and a protectionist world, that's going to be bad for American families... and also for other countries," he add ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
Another new set of tariffs will take effect today in the on-going Sino-US trade battle. Yet most equity markets around the world registered gains last week ahead of its implementation. This is because US-China tariff phase two is less onerous than was ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
... that is one factor that certainly we have to look at. The so-called confidence effects; besides the effects on prices and tariffs and quotas and volumes, trade and so on, what is going to be the effect on general confidence of an extended trade war? ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... beating his trade war drum louder last week. Now that the "public comment" period is over, Trump is expected to impose tariffs on US$200 billion worth of Chinese imports and later threatened to tax another US$267 billion of goods coming from China. This ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... tariff on foreign steel and a 10% tariff on foreign aluminium in the name of "national security" that begot retaliatory tariffs from China, Canada, Japan, the European Union and Mexico, among others. Australia was exempted. Emerging markets - most of ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... sanctions against two members of Trump's cabinet, to which Trump responded by tweeting that he would double Turkey's tariffs on steel and aluminium. And down, down, down the Turkish lira went. It dropped to an all-time low of lira 6.3714 per ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... retaliation to America's imposition of the same amount on July 6. The Trump administration is reportedly preparing tariffs on US$200 billion on imports from China. The latest China manufacturing PMI surveys - which track the sector most affected ...