The latest pronouncements of US duties advice created confusion between investors and Wall Street. The situation seems dynamic and constantly evolving. The duties in force, at the moment, are 25 % in steel and aluminum of historical partners such as the European Union, Canada, Mexico, Japan and South Korea. 25 % remain in cars and […]
Tag: obligations
Duties, exporters of China circumvent US rates through third countries: alarm for the “washing” of origin
Chinese exporters try to escape the duties imposed by Trump selling their products to the US through third countries to hide their true origin and thus avoid paying record fees. It is, explains the Financial Times, of a technique of “washing” that, however, is alarming the neighboring countries for the influx of Beijing goods, as […]
ECB, Cutting interest rates by 2.25%. “Growth prospects have worsened because of duties”
As expected, the CCB reduced interest rates from 25 base points, raising them from 2.5% to 2.25%. It is the sixth consecutive cut since June. Central deposit interest rates, main refinancing operations and marginal refinancing operations will be reduced to 2.25%, respectively, 2.40%and 2.65%, with effect from April 23, 2025. The ECB is known after […]
Duties, “wrong choice, but not a catastrophe”. Meloni looks for the exit to the EU
The imposition of US duties on EU goods is a “wrong choice”, but not a “catastrophe”; “Alarmisms” should be avoided and dealing with the US, entertaining a “free discussion” because responding with other duties is not the best solution; In addition, Italy will request Europe a review of the stability pact, which is currently “necessary”. […]
Duties, deep red European bags: collapse throughout the line after Trump’s change
The European bags close in deep red, expanding losses after the thud at the opening of Wall Street. In the markets weigh the uncertainties resulting from the possible war of functions, triggered by the mutual rates desired by President Donald Trump. The Piazza Afgari FTSE MIB index falling 3.60%, with 37,070 points. Frankfurt Dax loses […]
Trump triggers the duties, arrested in China, Canada and Mexico for migrants and fentanil
Donald Trump’s first economic pressure movement compared to other countries is triggered. The White House says the US President will imply the duties in Canada, Mexico and China from Saturday. This was declared by the Karoline Leavitt’s Gate -void, who called the news reported by some ‘false’ media regarding the departure of duties from March […]