United States government delays tariffs on phones, laptops and video game consoles
13 Août, 2019, 19:34 | Auteur: Auguste Feret
In a statement, the administration also excluded video game consoles and certain items of footwear and clothing from the 10% rate, which had been scheduled to start next month, an abrupt pull-back from its hardline stance on trade.
The United States is delaying until December 15 imposition of new 10 percent tariffs on Chinese electronics, but going ahead with new duties starting September 1 on $300 billion in Chinese goods, the government announced Tuesday.
The Journal also notes that the USA already collected about $30 billion per year from pre-existing tariffs on goods made in various countries, including China.
President Donald Trump said on August 1 he would impose a 10% tariff on $300 billion of Chinese goods, blaming China for not following through on promises to buy more American agricultural products. The Philadelphia chip index.SOX rose 3.16%.
Financial markets have fully priced in a rate cut at the USA central bank's September meeting following a recent escalation in the bruising trade war between the United States and China.
Stocks tore higher on Wall Street after the latest turn in the U.S.
For some analysts, that data spoke against the U.S. Federal Reserve delivering aggressive further cuts in interest rates, expectations of which have been an important pillar propping up sentiment since June. Around an hour after the opening bell on Wall Street, the Dow Jones Industrial Average was up 1.76 percent, adding 456.25 points.
USTR is still moving forward with tariffs on September 1 on many products such as live animals, dairy products, skis, golf balls, contact lenses, motorcycle engines, lithium ion batteries, snowblowers and various types of steel.
Meanwhile, shares in HP Inc. were up 2.65 percent to $19.44, while Microsoft's stock price was up 1.38 percent to $137.66 and Intel's stock price rose 2.46 percent to $46.72.
Only the defensive real estate and utilities sectors posted small losses. The Nasdaq jumped 2%.
On Tuesday, at the Court of Session in Edinburgh, Judge Raymond Doherty said a substantive hearing should take place September 6. The bill also required further votes if the Government pursued leaving the European Union without an agreement.
The man driving that auto , an Uber driver, later told the Morning Herald he hit the gas to get the suspect off his roof. The man fell to the ground when the auto moved and he was confronted by a person holding a chair, the video showed.
Earlier also saw not only that Darth Vader rumor, but a rumor surrounding Phantom Menace being included as well. He's got 135 minutes worth of music to write, so that kind of tells how long the film is.
Chlamydia is the most common bacterial STI in the world and accounts for nearly half of all sex-related infections in England. However, as many as 3 out of 4 infections are symptomless, so the number of cases is likely to be underestimated.
En effet, le quotidien français avance que les Gones souhaiteraient accélérer dans les négociations pour Jeff Reine-Adelaïde. Désormais, l'Olympique Lyonnais est présenté comme le favori à la signature du jeune milieu de terrain Angevin (21 ans).
Norwegian Prime Minister Erna Solberg said Sunday that while her government was trying to combat hate speech, more must be done. Following Saturday's attack the police have increased security around the celebration of the Muslim holiday of Eid.
Je suis certain qu'il reviendra plus fort " a indiqué le directeur général délégué Franck Kita sur le site officiel des Canaris. Nantes a confirmé ce mardi les craintes concernant la blessure de Marcus Coco à Lille, dimanche.
The biography Tarantino references is titled "Bruce Lee: The Man Only I Knew", which Lee's widow, Linda Lee, published in 1978. The famed director went on to explain that Cliif could beat up Bruce Lee because Cliff was, well, a fictional character.
India's passenger vehicles' sales slumped by 31% in July
Vehicle sales across categories registered a decline of 18.71% to 18,25,148 units from 22,45,223 units in July 2018, it added. In July 2019 too, auto sales are 35.95 percent down YoY, which is not far from that dismal figure almost two decades ago.