US carmakers hit with Chinese tariffs as trade war changes gear

New 25 per cent duties on vehicles and parts targets strategic US sector already facing competition from Europe, with implications for its labour market China has added automobiles to its revised list of US$16 billion worth of US goods targeted by its retaliatory tariffs, removing crude oil in favour of items that could do more damage to the US...

U.S. considering higher tariffs on $200 billion in Chinese imports, sources say

The Trump administration is considering more than doubling its planned tariffs on $200 billion in Chinese imports, ratcheting up pressure on Beijing to return to the negotiating table, three people familiar with the internal deliberations said. The U.S. imposed 25 percent tariffs on $34 billion of Chinese products in early July, and the review...

Irelands Trade in Goods 2017

Ireland exported €123 billion of goods in 2017 and imported €79 billion. We exported €17 billion more to the USA than we imported in 2017.The UK was our largest import partner in 2017 at €18.8 billion and was also our largest partner for both exports (€4.6 bn) and imports (€3.7bn) of food and drinks.In total, Ireland exported €12.3 billion and...

Time for Wine

American wine exports reached a record $1.62 billion in 2016, with a volume of 412.7 liters or 45.9 million cases. American wine exports reached a record $1.62 billion in 2016, with a volume of 412.7 liters or 45.9 million cases. Now, when we say @American wine,@ [email protected] really talking [email protected] winesince the Golden State accounts for...

Why we’re planning $25bn African Trade Strategy – Dr. Oramah, Afreximbank president

How to leapfrog Africa out of its slow and fragile economic growth to a blossoming super power is the strategic graph Dr. Benedict Okey Oramah plots daily, as he pilots the affairs of the African Export-Import Bank (Afreximbank) in his capacity as the President and Chairman. Seeing the huge untapped economic resources buried in the bowels of...

Austria and Germany will 'do all we can' to avoid no-deal Brexit, says chancellor Sebastian Kurz

Intervention comes ahead of EU leaders' summit in Salzburg this week European leaders must do everything possible to prevent a [email protected],@[email protected] chancellor has warned.Sebastian [email protected] that German [email protected] Merkelagreed on the importance of avoiding the UK leaving [email protected] [email protected] a trade [email protected] have the same view...