This is how much your shoes will cost if tariffs take effect

22 Mai, 2019, 03:27 | Auteur: Auguste Feret
  • US President Donald Trump. File

The open letter, signed by 173 companies, stated that the tariff policy announced by the Trump administration last week could be catastrophic for consumers, United States companies, and the economy as a whole.

Some are trying to see the bright side, however, including PUMA CEO Bjorn Gulden, who mentioned in April "To be honest, the trade war between China and the U.S.is a little bit of a gift". While US tariffs on all consumer goods average just 1.9 percent, they average 11.3 percent for footwear and reach rates as high as 67.5 percent.

Chinese foreign ministry spokesman Lu Kang, responding to a question on Trump's claim at a daily news briefing, said foreign investors were "still bullish" on China.

No further trade talks between top Chinese and USA trade negotiators have been scheduled since the last round ended on May 10 - the same day Trump raised the tariff rate on $200 billion worth of Chinese products to 25% from 10%. Alphabet Inc's Google suspended business requiring the transfer of hardware, software and technical services to premier Chinese technology firms, except those publicly available via open-source licensing, a source familiar with the matter told Reuters news agency on Sunday. Last week, the US Trade Representative's office unveiled a list of additional Chinese goods worth $300 billion that would be targeted by increased tariffs. "It will also threaten the very economic viability of many companies in our industry".

Shares in European chipmakers Infineon Technologies, AMS and STMicroelectronics fell sharply on Monday amid worries the Huawei suppliers may suspend shipments to the Chinese firm due to the USA blacklisting.

Celine Dion Is Absolutely Magical in New Carpool Karaoke
Within seconds, she is starting her own singalong of " My Heart Will Go On " and responding to his questions in song-form. Dion reluctantly revealed she had way too many, with Corden saying he'd heard she had about 10,000 pairs.

Infant cut from IL mother's womb opens eyes for father
The family visited the child over the weekend and confirmed that the newborn is in critical condition, NBC Chicago reported . Hospitals are not bound by any laws or regulations to ensure that a baby belongs to someone presenting them at a hospital.

Huawei privé d'Android : quel avenir pour les utilisateurs ?
Quels impacts pour les utilisateurs? Mais il est possible d'utiliser Android sans Google . Et enfin, cette mesure pourrait aussi nuire, à terme, à Google .

"It is time to bring this trade war to an end", the firms urged.

"But China will not take it and neither will Huawei".

"While the US spares no efforts to subdue Huawei, out of personal belief, I chose to support the well respected company by using its product", Hu Xijin tweeted.

Negotiations between the US and China have soured dramatically since early May, when Chinese officials sought major changes to the text of a proposed deal that the administration of US President Donald Trump said had been largely settled before then.

The US and China are set to meet again to discuss trade at the G20 summit in Japan next month.

Conseillé:

  • Severe weather: Flash floods, rescues follow twisters, rain in Southern Plains

    Severe weather: Flash floods, rescues follow twisters, rain in Southern Plains

    Many homes and business turned into piles of rubble in a matter of moments, but it's not just tornadoes that's causing hazards. School districts across Oklahoma have cancelled classes on Monday in anticipation of the storm.
    Will the Steelers be better without Antonio Brown in 2019?

    Will the Steelers be better without Antonio Brown in 2019?

    But his tweet came only hours after Ben Roethlisberger sat down with KDKA and talked about his severed relationship with Brown. Roethlisberger and Brown became a dynamic tandem for years in Pittsburgh, and Roethlisberger said they were close friends.
    Sophie Turner Blasts

    Sophie Turner Blasts "Game Of Thrones" Petition For Season Remake

    What you fail to realize here, Sophie Turner , is that it's actual die-hard Game of Thrones fans who're criticizing season 8. Lady Elissa did not return home from her exploration but it was detailed in history that she discovered three islands.
  • Watch The Final Trailer For

    Watch The Final Trailer For "Toy Story 4"

    One of those movies is Toy Story 4 , which reunites a majority of the cast from the third film while introducing a few new toys. The adventurous journey turns into an unexpected reunion as Woody's slight detour leads him to his long-lost friend Bo Peep.
    England select Jofra Archer and Liam Dawson for Cricket World Cup

    England select Jofra Archer and Liam Dawson for Cricket World Cup

    Archer, whose father is English, only became eligible for England this year after a change to the ECB's rules in November. A good World Cup would also push Archer into contention for the Ashes series later in the summer.
    McDonald’s faces 25 new sexual harassment lawsuits

    McDonald’s faces 25 new sexual harassment lawsuits

    The Chicago-based company has also long said it should not be liable for how employees in franchised restaurants behave. The complaint alleges company failed to respond to repeated efforts by workers to seek assistance from management.
  • DHS warns of data threat from Chinese-made drones

    DHS warns of data threat from Chinese-made drones

    DJI refuted the report but pushed out Local Data Mode, which allowed users to fly drones without an internet connection. There is no new public evidence available to support the American claim of Chinese spying enabled by DJI.
    Huawei Responds To Google's Ban

    Huawei Responds To Google's Ban

    Liu added that Huawei did not blame Google for its decision and said it was too early to say what the consequences will be. The company reported earlier its global sales rose 19.5% a year ago over 2017 to 721.2 billion ($105.2 billion).
    Australian coach Justin Langer compares Steve Smith with Sachin Tendulkar

    Australian coach Justin Langer compares Steve Smith with Sachin Tendulkar

    The team will take on England and Sri Lanka in two warm-up matches before the World Cup on May 25 and 27, respectively. Australia will start their title-defence against Afghanistan on June 1 at the Bristol County Ground.
  • UEFA defends Baku Europa League final after Arsenal letter

    UEFA defends Baku Europa League final after Arsenal letter

    Arsenal coach Unai Emery has said: "I don't know what the problem is between the two countries but we are going to do all we can to have Mkhitaryan there".
    U.S.  says Iran threats are 'on hold' after deploying bombers

    U.S. says Iran threats are 'on hold' after deploying bombers

    The Reuters/Ipsos poll was conducted online in English throughout the United States. The USS Abraham Lincoln carrier strike group sails in the Arabian Sea.
    The taste of failure? New Coke makes a comeback this summer

    The taste of failure? New Coke makes a comeback this summer

    Not so much from a sales perspective-it was accepted and preferred across much of the US-but from a public relations perspective. New Coke sometimes feels like a myth to those born after or too young to remember its arrival in 1985.


Populaire

Mkhitaryan to miss Europa League final
The Spaniard said at his press conference: "It's bad news, but I can not do anything about this issue. "It's the kind of game that doesn't come along very often and I admit, it hurts a lot to miss it".

Morgan Stanley piles pressure on Tesla with $10 worst case call
A Tesla Model 3 sedan, its first vehicle aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. It was also among Wall Street's more heavily shorted stocks, with about a fifth of its float on the line.

‘John Wick: Chapter 4’ To Premiere In May 2021
Similarly, John Wick's Charon seems able to perform just about any service, including dog sitting, if you pay him the proper fee. Adam Bankhurst is a news writer for IGN who can't wait to see how much crazier John Wick: Chapter 4 can be.

NHC: First named storm of the season develops in the Atlantic
The National Hurricane Center said that an Air Force Reserve Hurricane Hunter plane confirmed winds near 40 miles per hour . The NHC said that "little change" in strength is forecast for Tuesday, and weakening is expected to begin Tuesday night.

Injuries pile up for San Jose Sharks ahead of crucial game
Coach Peter DeBoer gave no update on their conditions and didn't say whether any of the three made the trip to St. Despite already being down 3-2 in the series, they're going to be short-handed in Game 6.

L'Opep d'accord pour maintenir la production en l'état — Pétrole
Ces deux sommets extraordinaires auxquels Riyad invite ses partenaires vont se tenir le 30 mai prochain à La Mecque. Une attaque de drones, revendiquée par les Houthis yéménites, a également endommagé un oléoduc saoudien.

Alabama Won't Air Arthur's Gay Wedding Episode
Ratburn and the Special Someone", last month, which prompted Mike Mckenzie , director of programming at APT, to decide to cut it. Arkansas is at least the second state that refused to air the episode on its public television network.

Jason Mitchell Dropped From ‘The Chi’ Season 3, Netflix Film
Mitchell was also involved in an earlier incident while filming The Chi , which had reportedly been resolved. Deadline reports that it's now unclear what exactly the aforementioned misconduct allegations are.

Nepali scales Everest record 24 times; with one more to go
These highly-skilled mountaineers prepare the route to the top of the 8,848m mountain for other climbers. The short climbing window, which depends on favourable weather, generally falls in mid-May.

Projection du nouveau film de Quentin Tarantino — Festival de Cannes
Quentin Tarantino avait accordé le plus grand soin à ce que son travail ne soit pas divulgué à l'avance. "J'aime le cinéma. Le réalisateur américain Quentin Tarantino a écrit une lettre ouverte aux personnes qui verront Once upon a Time in.