Family

One of Trump's top trade advisers says Europe 'will get over' the steel and aluminum tariffs

11 monthes ago   |   By

CNBC
Commerce Secretary Wilbur Ross tried to downplay the implications of President Donald Trump's decision to impose steel and aluminum tariffs on the European Union, Canada, and Mexico.
Ross said the tariffs were "blips on the radar screen" in the relationship between the US and EU, saying the EU "will get over this in due course."
Ross dismissed concerns that the tariffs would increase costs for US consumers and harm the economy.
He also said that despite the US stock market sell-off following the announcement, stocks would "adjust to facts" and bounce back.
One of President Donald...
Read more ...

 

Stocks stumble as the US hits allies with steel and aluminum tariffs

Stocks stumble as the US hits allies with steel and aluminum tariffs

11 monthes ago   |   By

Spencer Platt/Getty Images
Stocks slid Thursday afternoon after the Commerce Department said tariff exemptions to Mexico, Canada, and the European Union will expire at the end of the day. The Dow Jones industrial average dropped more than 200 points following the announcement.
Here's the scoreboard: See the rest of the story at Business Insider NOW WATCH: What will probably happen with the North and South Korean peace treaty See Also: The market's biggest and most influential investors are altering their strategy - here's what they're doing and what it means for you Wall Street's top stock...
Read more ...

 

Surging steel prices are 'self-defeating'

Surging steel prices are 'self-defeating'

11 monthes ago   |   By

Sean Gallup/Getty
Steel prices have risen nearly 40% since March.
The US followed through with steel tariff threats on its allies Thursday.
But some think prices could still drop as soon as this year.
Steel has been soaring, but some analysts think prices could fall sharply in the months ahead.
Steel prices have rallied 38% since the US Commerce Department launched a Section 232 investigation that led to hefty import taxes on the metal last year. And as President Donald Trump cuts off tariff exemptions to the US's closest allies this week , prices look poised to keep booming. See the rest...
Read more ...

 

'A slow motion train wreck': Trump is kicking off a trade war with America's closest allies

'A slow motion train wreck': Trump is kicking off a trade war with America's closest allies

11 monthes ago   |   By

Carlos Barria/Reuters
President Donald Trump will impose steel and aluminum tariffs on imports from the European Union, Canada, and Mexico starting Friday.
The tariff decision will likely lead to retaliation from the three allies.
The tariffs will also cause major economic disruptions in the US, Canada, Mexico, and the EU.
"I don't know if it's officially a 'war' yet, but it's getting to be a pretty intense trade skirmish," one trade expert said.
Not even the US's closest allies can avoid getting caught in President Donald Trump's escalating trade battles.
Commerce Secretary Wilbur Ross...
Read more ...

 

Steel stocks spike as Trump reportedly readies to slap tariffs on the US's closest allies

Steel stocks spike as Trump reportedly readies to slap tariffs on the US's closest allies

11 monthes ago   |   By

US steel stocks are jumping Thursday.
President Donald Trump is reportedly planning to put tariffs on steel and aluminum imported to the US from the EU, Mexico, and Canada.
Watch US Steel Corporation trade in real time here.
Shares of US steel manufacturers are jumping in early trading Thursday after the Wall Street Journal reported President Donald Trump is ready to announce tariffs on EU, Mexican, and Canadian steel imported into the country.
The tariffs would include a 25% tax on steel and 10% on aluminum imported into the US , and that is sending US steel manufacturers higher. Here's...
Read more ...

 

The Mexican peso is sliding after report says Trump will move forward with tariffs on the US's closest allies

The Mexican peso is sliding after report says Trump will move forward with tariffs on the US's closest allies

11 monthes ago   |   By

Henry Romero/REUTERS
The Mexican peso was down 0.68% versus the dollar early Thursday.
Trump is reportedly set to follow through with tariff threats on Mexico, Canada, and the European Union.
Follow the Mexican peso in real time here .
The Mexican peso slumped against the US dollar Thursday following a report suggesting President Donald Trump is set to move forward with steel and aluminum tariffs on Mexico, Canada, and the European Union as soon as the end of the week.
The peso was down 0.73% to 19.8900 versus the dollar at 8:30 a.m. ET. See the rest of the story at Business Insider NOW...
Read more ...

 


Search by Tags

   Family      Europe      Mexico      Canada      Wilbur Ross      Donald Trump      Tariff      European Union      Trump Tariff      Steel Tariff      Aluminum Tariff      Train      Business      Market wrap      Stocks      Aluminum      Steel      Trump      U.S.      EU      Store      Food      Place      Fall      Places      Tariffs      Trade      Metal      Imports      Demand      Trade War      Corporate      Us steel corporation stock price      Vaneck vectors steel etf      Trump eu tariffs      Traveling      Travel      Peso      Dollar      Currencies      Exchange rates  


Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

The tourism industry of Game of Thrones will exist on far past the series' end

The tourism industry of Game of Thrones will exist on far past the series' end

“All men must die,” as the show's mantra goes, however the tourism industry of Game of Thrones will exist on far past the series' end. The popular show over its eight-season... Read more ...

Jamaica to host 65th UNWTO Regional Commission for the Americas meeting

Jamaica to host 65th UNWTO Regional Commission for the Americas meeting

The 65th UNWTO Regional Commission for the Americas meeting will be held in Jamaica. This was revealed during the recently held 64th meeting held in Guatemala from 15 to 16... Read more ...

The Best Tour Companies in Europe in 2019

The Best Tour Companies in Europe in 2019

Posted : 05/18/2019 | May 18th, 2019 Europe is one of the most popular destinations in the world. While I love solo travel as much as the next person - and think Europe is one... Read more ...

Vietnam's Bamboo Airways plans to operate Taiwan-Ha Long Bay direct flight

Vietnam's Bamboo Airways plans to operate Taiwan-Ha Long Bay direct flight

It was announced by the country's fifth airline that it has plans of boosting tourists from from Taoyuan International Airport in Taiwan to the UNESCO heritage site of Ha Long Bay. Read more ...

Backwater tourism picking up in Alappuzha

Backwater tourism picking up in Alappuzha

Kerala, known as “God's Own Country” attracts tourists from all over the world. The state, among other attractions, is famous for its backwaters. Read more ...

Guilin witnessed a 32.58 per cent increase in tourists

Guilin witnessed a 32.58 per cent increase in tourists

The local government on Friday announced that more than 100 million people visited Guilin, a showing a year-on-year increase of 32.58 percent. The number of tourists to the... Read more ...

France welcomed 89.4 million tourists in 2018; tourist spending was €56.2...

France welcomed 89.4 million tourists in 2018; tourist spending was €56.2 billion

France welcomed a total of 89.4 million visitors which is a rise of three per cent from that of 2017. It is now targeting 100 million foreign tourists for 2020. Government's... Read more ...

REI's biggest sale of the year just started - here are 20 of the best deals...

REI's biggest sale of the year just started - here are 20 of the best deals you can find

Insider Picks writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through... Read more ...

4 killed as small aircraft crashes near Dubai international airport

4 killed as small aircraft crashes near Dubai international airport

A small aircraft involved in a runway upgrade at Dubai International Airport crashed Thursday night, killing four people and halting traffic at the world's busiest airport for... Read more ...

Hyatt Expected to Double Canada Brand Presence by 2022

Hyatt Expected to Double Canada Brand Presence by 2022

Hyatt Hotels Corporation today announced that more than 20 new hotels are expected to open in Canada by the end of 2022, driving the global hospitality brand's growth in the... Read more ...