- Caution the name of the game as Trump threatens Europe with tariffs.
- FTSE 100 opens lower amid investor wariness.
- The bears prowl the crypto market amid risk-off sentiment.
- Crude prices hover at multi-month lows, as supply issues ease amid Ukraine deal hopes.
- Rolls Royce fires on all cylinders with shares lifting 7%.
- Aviva shows va va voom, with annual earnings beating expectations.
- Nvidia releases robust results but still manages to disappoint investors.
- Salesforce sluggish...
TARIFFS
Mexico Working on Agreement with US Before Tariff Deadline, Says Senior Mexican Official
Mexico is working with the United States to reach an agreement on tariffs before an impending deadline, a senior Mexican government official said on Wednesday, and the U.S. recognized its work to control migration and fentanyl trafficking.
Trump, Commerce head differ on start dates for tariffs on Canada and Mexico
The White House said it still plans to implement 25% tariffs on imports from Canada and Mexico starting next week — despite comments from President Donald Trump on Wednesday that the tariffs would be delayed until April 2.
“April 2 … for everything,” Trump said during a televised Cabinet meeting in the White House, when asked about the planned tariffs on the North American countries. “I’m not stopping the tariffs. Millions of people have died because of the fentanyl that comes over the border.”
Me...
Trump says he will slap 25% tariffs on imports from EU
President Donald Trump has added the nations of the European Union to those that face stiff tariffs on goods they export to the United States.
In a Cabinet meeting on Wednesday Trump said in response to a question about possible tariffs on the EU, “We’ll be announcing it very soon, and it’ll be 25%, generally speaking, and that’ll be on cars and all other things.”
The EU has “really taken advantage of us …” Trump told reporters. “They don’t accept our cars. They don’t accept essentially our farm...
https://www.freightwaves.com/news/trump-says-he-will-slap-25-tariffs-on-imports-from-eu
Trump Signals Postposing Mexico and Canada Tariffs to April 2
U.S. President Donald Trump on Wednesday raised hopes for another pause on steep new tariffs on imports from Mexico and Canada by saying they would take effect on April 2, about a month later than a deadline next week.
https://gcaptain.com/trump-signals-postposing-mexico-and-canada-tariffs-to-april-2/
Copper surges as fresh tariffs are in sight while crypto’s ‘Trump bump’ reverses
- Tariff threats continue to hang over financial markets, with duties looming on imports from Mexico and Canada.
- Copper prices surge, helping lift the FTSE 100, as the metal is caught in Trump’s sights.
- Brent Crude falls to two-month lows amid concerns about the US economy.
- Trump’s crypto bump reverses amid a collision of concern about the industry, with Bitcoin trading below $89,000.
- S&P 500 set to take a breather as investors wait for Nvidia’s results.
- BP is set to unveil a...
Las tarifas propuestas de Trump en los barcos chinos podrían obstaculizar el comercio estadounidense-México
Las caras pronunciadas de la administración Trump en los buques comerciales construidos por los chinos tienen el potencial de forzar el comercio transfronterizo entre México y los Estados Unidos. Bajo el propuesta Anunciado el viernes por el Representante Comercial de los Estados Unidos (USTR), los barcos construidos en China enfrentarían tarifas de hasta $ 1.5 […]
Esta entrada Las tarifas propuestas de Trump en los barcos chinos podrían obstaculizar el comercio estadounidense-México Aparece...
Análisis: tarifas del puerto de EE. UU. El último viento en contra para la cadena de suministro de contenedores
Es un momento tumultuoso para estar en la cadena de suministro de contenedores, un negocio que se presta no solo para comprar clichés marítimos sino también verdades tradicionales. Pero decir que la industria enfrenta vientos en contra significativos puede ser un eufemismo. El último disparo a través del arco provino de la oficina del representante […]
Esta entrada Análisis: tarifas del puerto de EE. UU. El último viento en contra para la cadena de suministro de contenedores Aparece primero en Fu...
Trump’s proposed fees on Chinese ships could hinder US-Mexico trade
The Trump administration’s proposed steep fees on Chinese-built commercial vessels has the potential to strain cross-border trade between Mexico and the U.S.
Under the proposal announced Friday by the U.S. Trade Representative (USTR), ships constructed in China would face fees of up to $1.5 million per U.S. port call. Vessel operators with a Chinese-built ship in their fleet could be charged $500,000 per ship per call.
Jordan Dewart, president of Redwood Mexico, said shippers diverting...
https://www.freightwaves.com/news/trumps-proposed-fees-on-chinese-ships-could-hinder-us-mexico-trade
Analysis: US port fees the latest headwind for container supply chain
It’s a tumultuous time to be in the container supply chain, a business that lends itself not only to shopworn maritime cliches but also time-honored truths. But to say the industry faces significant headwinds may be an understatement.
The latest shot across the bow came from the office of the U.S. Trade Representative, which capped an investigation into China’s maritime business by announcing a sweeping set of expensive port fees meant to penalize Chinese ships and shipbuilding while boosting...