Tag: trump
-
CFD Trading Market Prognosis For 2021
Regardless of whether you are starting your way in trading CFDs or you are already experienced in online CFDs trading, you have to figure out where the market goes in the coming year and beyond. CFDs have grown a lot over the last decade and gained popularity amongst many investors as a way to deal…
-
Trump looking to ban Alibaba
Alibaba, which at one time was the world’s largest e-commerce company, is in the sights of US President Donald Trump, according to Reuters. Asked directly at a White House briefing if he was considering a ban on Alibaba, Trump replied: “We’re looking at other things, yes we are.” Alibaba is a Chinese company most famous…
-
Foxconn moving operations out of China
Foxconn, one of the most well known Chinese manufacturing companies as a result of its status as main supplier for Apple, is moving significant parts of its operations outside of China. The company, which according to TechSpot reported almost $800 million net profit for the quarter ending in June, has already moved an additional 5…
-
Canada imposes tariffs on US goods in retaliation
Canada is to impose tariffs on American imports in retaliation for the recent decision by the US to levy a 10 percent tax on Canadian aluminum imports. Canada’s deputy prime minister Chrystia Freeland says that the tariffs would match the US taxes “dollar for dollar”, according to a story on Manufacturing.net. President Donald Trump (main…
-
US demands Hong Kong-made goods be relabelled ‘Made in China’
The United States government is calling for goods made or exported to the US from Hong Kong to be relabelled “Made in China”, according to a report on the South China Morning Post. The measure, to be introduced by US President Donald Trump, does not appear to need Congressional approval or any kind of vote.…
-
US targets Chinese tech giants for bans and sales
The United States is targeting a range of Chinese-owned tech giants for bans or sales in a bid to put pressure on its economic rival. The administration of President Donald Trump appears to be conflating “national security” issues with economic measures which it believes are fair while others consider protectionist. Trump has signed executive orders…
-
Trump to reimpose tariffs on aluminum from Canada
US President Donald Trump says he has signed a document that will lead to the reimposition of tariffs on aluminum imported from Canada. Trump made the announcement during a visit to a Whirlpool factory in Clyde, Ohion, according to the Wall Street Journal. Trump said: “Canada was taking advantage of us, as usual. The aluminum…
-
Trump announces tariffs on imports from Mexico
After recently increasing the percentage of tariffs and applying them to a broader range of Chinese imports, US President Donald Trump has now imposed new tariffs on imports from Mexico. The proposed 5 percent tariff on all Mexican imports is yet to be made official, but Trump’s announcement has already caused concern across a range…
-
US footwear manufacturers call for Trump to end new China tariffs
More than 200 footwear manufacturers in the US have sent President Donald Trump an open letter calling for an end to what they call the “catastrophic” and “unfathomable” new tariffs on Chinese imports. The companies include global and household names such as Adidas, Cat, Converse, K-Swiss, Nike, Puma, Ugg, and Under Armour, among many others.…
-
Trump trade tariffs to hit $300 billion worth of Chinese goods
US President Donald Trump’s proposed increase in tariffs will hit $350 billion worth of goods imported from China, according to economic analysts. Trump announced his intention to impose the additional tariffs recently in a tweet, but the US and China are currently locked in trade talks and there may be some modifications to the proposal.…