Luxury Goods

EU mulls tariffs on US exports to hit back at Trump threat

The trade war is escalating again. The EU is considering putting tariffs on more than $4bn of US exports, following President Trump’s threat to impose duty on $7bn of EU products, following the EU aid given to Airbus, reports CNBC. The WTO is set to authorise the US to impose tariffs on European goods because of allegedly illegal state aid for Airbus. The US tariffs will target planes, aircraft parts and luxury …

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https://theloadstar.com/eu-mulls-tariffs-on-us-exports-to-hit-back-at-trump-threat/

US business fury at ‘catastrophic’ higher trade tariffs on Chinese imports

And so it has come to pass: the US has hiked tariffs on $200bn-worth of imported goods from China – and China has vowed to retaliate. 
Tariffs have now gone up from 10% to 25% on a wide range of goods, set to impact the perishables, chemicals, construction, industrial, electronics, transport and FMCG industries and, for the first time, a wide range of textiles, among other things. 
While today was always the deadline, negotiations between …

The post US business fury at ‘catastrophic’ higher...

https://theloadstar.com/us-business-fury-at-catastrophic-higher-trade-tariffs-on-chinese-imports/

New moves to identify global markets for faked goods being sold online

Amazon UK, Germany and Canada have been named as “notorious markets” for counterfeit goods and blamed for being “unresponsive” and “non-compliant”.
The retail giant joins a list of major e-commerce companies, which includes Alibaba, Taibao and MercadoLibre, facing complaints over the sale of ‘faked goods’.
A US government list of these so-called notorious markets for fakes could be crucial information for forwarders, two were recently found liable for their part in shipping significant numbers...

https://theloadstar.co.uk/new-moves-identify-global-markets-faked-goods-sold-online/

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