trade-securities
FinanceInstant view: Dollar tumbles as trump team signals no immediate tariffs
FinanceGreece examines impact of US blacklisting of piraeus port owner COSCO - sources
BusinessChina extends EU brandy anti-dumping investigation by three months
Top StoriesChina bans export of key minerals to U.S. as trade frictions escalate
Analysis-How trump’s Mexico tariffs could hurt europe’s auto industry
Date: November 27, 2024
By Nick Carey LONDON (Reuters) – Donald Trump’s pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen and Stellantis and their suppliers than any direct tariffs on EU goods, according to data, analysts and experts. U.S. president-elect Trump said he would impose a...
Factbox-Global companies that might be affected by trump’s promised tariffs
Date: November 26, 2024
(Reuters) -President-elect Donald Trump on Monday pledged tariffs on the United States’ three largest trading partners – Canada, Mexico and China – detailing how he will implement campaign promises that could trigger trade wars. Here are companies which may be affected (by sector, in alphabetical order): AUTOMAKERS AUDI Volkswagen’s Audi plant in San Jose Chiapa,...
European stocks echo global market downturn on tariff risk; auto shares slump
Date: November 26, 2024
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -European shares fell across the board on Tuesday, led by automakers, as Donald Trump’s tariff threat on the United States’ largest trading partners prompted worries that the bloc might share the same fate in a likely global trade war. U.S. President-elect Trump, who takes office in...
EU challenges Chinese brandy tariffs at WTO
Date: November 25, 2024
BRUSSELS/BEIJING (Reuters) -The EU Commission said on Monday it had formally brought the provisional anti-dumping measures imposed by China on imports of EU brandy to the World Trade Organization, the latest development amid trade tensions between the two blocs. France’s trade ministry said last month it would work with the European Commission to challenge Beijing’s...
Central Europe to feel impact of any US tariff hit to Germany
Date: November 14, 2024
By Gergely Szakacs BUDAPEST (Reuters) – If U.S. President-elect Donald Trump delivers on a pledge to hit European imports with tariffs, Hungary will feel the effects “exponentially” because of its German trade links, a top business leader said on Thursday. Germany is expected to be more affected by any U.S. tariffs than other euro area...
US locks in steep China tariff hikes, many to start sept. 27
Date: September 13, 2024
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China’s state-driven excess production capacity. The U.S. Trade Representative’s said that many of the tariffs, including a 100% duty on Chinese EVs, 50%...