Britain eyes Brexit 'no-deal' trade shift to China from EU

Business Mar 14, 2019

Britain eyes Brexit 'no-deal' trade shift to China from EU

Britain on Wednesday unveiled a contingency trade policy that favors global giants such as China over EU countries in case of a messy divorce from the bloc. London is bracing for the worst as it races toward the March 29 Brexit deadline without a plan ...

Business Oct 25, 2018

U.S. manufacturers say tariffs are pushing prices higher: Fed

U.S. factories have raised their prices because of tariffs, although inflation has appeared modest or moderate in most parts of the country, the Federal Reserve said on Wednesday in its latest report on the economy. The U.S. central bank also said in its latest Beige ...

Business Aug 29, 2018

U.S. energy firms fume over rejected steel tariff exemptions

The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration. But the department rejected a similar request from Borusan Mannesmann Pipe to exclude 4.5-inch steel pipes imported from Turkey for casing ...