South Africa has to be a better option for Trump than Greenland is, writes Howard Feldman.
After soaring 28% in the first 6 months of 2018, whiskey exports fell 11% in the second half.
South African component exporters can (possibly) breathe easier as the car trade war between China and the US is apparently called off.
And the car companies say the worst may be yet to come.
Most notably, China called off planned talks over the weekend, and re-engagement appears to be unlikely until at least after the US midterm elections in November.
China is expected to respond with their own tariffs on US goods.
The tariffs will mostly apply to industrial equipment, like tractors and chemicals.
According the European Commission, the deal is projected to eliminate just under R16 billion worth of tariffs for EU exporters and double the amount for Japanese firms.
Last year Donald Trump said Harley Davidson was a "true American icon", but now they're at of a Twitter tirade from the president.
After citing national security reasons for slapping tariffs on Canadian metals, Donald Trump escalated his attacks on America's northern neighbor Monday, claiming its citizens were smuggling shoes across the border.
President Donald Trump told reporters that he suggested the elimination of all tariffs, trade barriers, and subsidies during a meeting with G7 leaders.
China enters trade talks in Beijing having made concerted efforts to end the standoff with the US, and also unsure it’s done enough.
The US has granted SA tariff exemptions on 161 aluminium and 36 steel products, the trade and industry department said.
China said it would cut tariffs on 1,500 goods starting November 1.
The trade war arrived at Sun Y Park’s doorstep the day a letter from Samsonite International SA was delivered to her Manhattan luggage and leather goods shop.
The US Department of Agriculture announced $4.7 billion in payments to corn, cotton, dairy, hog, sorghum, soybean, and wheat farmers to help ease the pain of the trade war.
President Donald Trump holds up the US trade deficit as the end-all, be-all of the trade war. Based on the most recent trade-deficit data, it looks as if Trump is losing his tariff fights.
Hyundai joined a chorus of rebuke from global automakers against possible import tariffs by the Trump administration, Bloomberg reports.
President Donald Trump threatened to hit cars from the European Union with a 20% tariff on Friday.
President Donald Trump officially announced tariffs on more than R670 billion worth of Chinese goods on Friday and threatened to implement more if the Chinese government retaliates with tariffs of their own.
Relationships are unraveling - fast.
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