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Showing 191 - 200 of 321 results for "Tariff"

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
If there's anything that's 100% certain, it is that the European Central Bank (ECB) will keep current interest rate settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40%. Although, given the mounting ...

Liberal win stuns, ASX rallies: Poll

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... excitement will soon be subdued as the market's focus will return to fundamental factors like the ongoing trade and tariff tension between the US and China. The wider financial services industry welcomed the surprise Coalition victory, and for many ...

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

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... in the yield on 10-year US Treasuries reacted upon - down to 2.26%, the lowest yield since September 2017. You 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 ...

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

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... US$200 billion worth Chinese goods increased from 25% from 10% with Trump already readying the paperwork to slap a 25% tariff on all remaining imports from China worth around US$325 billion. As expected, the Ministry of Finance of the People's Republic ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... squabble" (as Trump recently put it) between the US and China is evidence enough that no country is safe from the higher tariff tit-for-tat between these two economic behemoths. Trump hasn't completely set his crosshairs on Tokyo, but not only is ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... from China - Trump and his dog expected as much - but that the financial markets reacted more to Beijing's tit for his tariff tat. The Ministry of Finance of the People's Republic of China announced (before the opening bell on Wall Street) that ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... about US$200 billion worth Chinese goods increased to 25% from 10% with Trump already readying the paperwork to slap a 25% tariff on all remaining imports from China worth around US$325 billion. As expected, China promised to take "necessary counter ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
It's now 8pm in Washington. That's four hours until T-day (tariff Friday) - the time when US tariffs on about US$200 billion worth of Chinese goods are set to increase to 25% from 10%. Investors around the globe are holding their collective ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
Once again, US President Donald Trump proved to the entire planet that the only thing predictable about him is his unpredictability. With just two tweets, POTUS reignited hostilities (and perhaps an escalation) of the US-China trade war, spooking financial ...