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Showing research about U.S.

20190419-saudi-weapons-orders

Saudi Weapons Order Shortage Has Yet To Cut Deliveries

President Donald Trump has vetoed a bill to withdraw U.S. military support to Saudi Arabia in the Yemen conflict. That’s come as U.S. export orders for weapons and military aircraft have slowed, reaching $35.8 billion in the past 12 months to Apr. 18 from $76.8 billion the same period 12 month... Read more →

20190418-usmca-trilateral

USMCA Watch: Tangible Gains May Be Beaten by Tariff Politics

The U.S. ITC is scheduled to report on Apr. 19 as to the economic benefits of the U.S.-Mexico-Canada Agreement versus existing trade arrangements. The IMF has previously identified a net benefit from the new deal, but with reduced trade in some sectors. The analysis comes as trilateral trade b... Read more →

20190418-exemptions-stages

Caterpillar Gets Tariff Exemption, Won’t Lift The Business

The U.S. Trade Representative has granted exemptions from 25% duties on Chinese exports to 21 products in petitions filed by 35 companies. That brings the rate of approvals for exemptions to 21.4% of decisions made, though 50.9% of the 13,761 requests have yet to be determined. The latest roun... Read more →

20190418-eu-retalation-total

Deere Pays The Price as EU Gets Its Retaliation in Early

The European Commission has launched a consultation through May 31 into potential retaliatory duties against U.S. aerospace subsidies. While that’s part of a WTO process it comes at the same time as the U.S. has launched a section 301 review of duties to be applied in retaliation for EU ... Read more →

20190418-us-deficit-total

Trump’s Trade Deficit Success Could Prove Short-Lived

U.S. trade activity grew by 0.8% year over year in February, the slowest rate in 30 months and the result of a 1.0% drop in imports of goods. The latter was the first decline since Sept. 2016 and resulted in a year-over-year decline in the trade-in-goods deficit of $4.1 billion to reach $72.0 ... Read more →

20190417-kn-countries

K+N’s Pledge Could Lead to a Commitment with Hapag-Lloyd

Kuehne+Nagel’s new container forwarding service, K+N Pledge, offers refunds if guaranteed service commitments aren’t met. That’s followed similar service commitments made by the container shipping lines, led by CMA-CGM’s Eagle service. It also comes as K+N has been incr... Read more →

20190417-tariff-income

Trump’s $57.6 Billion Tariff Take Has Peaked, For Now

The Trump administration’s trade policies have resulted in higher customs duty income of $57.6 billion in the 12 months to Mar. 31, up $21.6 billion compared to a year earlier. That’s been due to the implementation of tariffs on around $250 billion of Chinese exports and $46.5 billion of steel... Read more →

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