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Search ResultsShowing 1 - 10 of 100+ results for "Tariffs"
Chief economist update: This rebound is brought to you by the letter V
BENJAMIN ONG  |  MONDAY, 29 JUN 2020
... Eurozone authorities will next have to contend next with a trade war with Trump. America threatened to impose additional tariffs worth around US$3.1 billion of exports from France, Germany, Spain and the UK. That, or they could wait until saner minds ...
Chief economist update: Hong Kong is ours
BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... security in Hong Kong (if it sounds familiar, it is, for this is the same "excuse" US President Trump used when he raised tariffs on steel and aluminium in March 2018). To wit: "We will establish sound legal systems and enforcement mechanisms for safeguarding ...
Chief economist update: AUD depreciation no cure for coronavirus
BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... good for the domestic economy. Exporters would find their wares more competitive in the world market (even with higher tariffs). Not only that, exporters would receive an extra boost from their foreign currency-denominated earnings when they're translated ...
Chief economist update: The virus, the trade deal and the AUD
BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... Beijing put concrete action into the promised and hoped for de-escalation of trade tensions. On this day, America cut tariffs on US$120 billion worth of Chinese goods from 15% to 7.5%. In return, China's reduced its retaliatory tariffs from 10% to ...
Chief economist update: Phase one deal signed, sealed and delivered
BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
... billion more worth of energy supplies, according to Trump. This is in exchange for America suspending its plan to increase tariffs on US$160 billion worth of Chinese goods (that was due to be applied last 15 December 2019), not lifting the 25% tariff ...
Chief economist update: Three cheers for Christmas
BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... Factset's report: "...US and China announced details of a "phase 1" trade deal. US will drop plans for new 15-Dec tariffs and cut tariffs on ~$120B in Chinese goods to 7.5% (from 15%) after 30 days of deal signing." "The 25% tariffs on ~$250B in ...
Chief economist update: The Grinch steals Christmas
BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... these risks have lessened recently." But even more recent than recently, is Trump's recent declaration restoring tariffs on US steel and aluminium imports from Argentina and Brazil, considering imposing 100% tariffs on French products; and, suggesting ...
Chief economist update: Bah humbug
BENJAMIN ONG  |  TUESDAY, 3 DEC 2019
... devaluation of their currencies. which is not good for our farmers. Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries. The Federal.... .....Reserve should likewise ...
Chief economist update: Chinese green shoots?
BENJAMIN ONG  |  MONDAY, 2 DEC 2019
... China's economy could weaken further should the "phase one deal" between the US and China fail and the additional 15% US tariffs on around US$156 billion worth of imports from China take effect on December 15. Not a good 2020 start.
Chief economist update: US consumer power
BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... Michigan warns: "There is little point in dismissing the significant risks from potential negative shocks, associated with tariffs, impeachment, the presidential election, global growth, and geopolitical events."
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