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Showing 231 - 240 of 321 results for "Tariff"

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... positively-named normalisation of monetary policy. All was well. Until Trump taketh what he earlier giveth, announcing a 25% tariff on foreign steel and a 10% tariff on foreign aluminium in the name of "national security" that begot retaliatory tariffs ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
Think it's called a "swan dive" not a "Turkey" dive but this is exactly what the Turkish lira did over the past week as it engaged the world's biggest superpower into a diplomatic stoush. "I fought the law and the law won." - The Clash America ...

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

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... inflation that's inches away from target - core PCE price inflation was at 1.9% in June. The US economy has withstood the tariff levied by China on US$34 billion of US imports in retaliation to America's imposition of the same amount on July ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
US President Donald Trump has again upped the rhetoric against China (which of course, brought back trepidation over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... "make America great again" and under the guise of "national security", US President Donald Trump kicked off with a 25% tariff on steel and 10% on aluminium imported into America, followed by a 25% tariff on US$34 billion worth of Chinese shipments to ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
"I got chills, they're multiplying..." - Grease The Australian dollar is down! Repeat, the Australian dollar is down! At the time of writing, Australia's legal tender is trading 5.8% lower against the US this year to date; 3.2% cheaper against ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
The long-term case for emerging markets in bond portfolios is still strong, even though investors have pulled out billions in recent weeks, according to Eaton Vance. Investor sentiment on emerging markets swung negative in recent weeks on concerns over ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... Shots fired! The threat of a trade war became real on 6 July 2018, when at exactly 12:01 am (NY time), the US imposed a 25% tariff on US$34 billion of Chinese imports to which China immediately responded with a percent-for-percent and dollar-for-dollar ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... To wit: "A total of 39 new trade-restrictive measures were applied by G20 economies during the review period, including tariff increases, stricter customs procedures, imposition of taxes and export duties. This equates to an average of almost six restrictive ...