USA

What Is A Tariff And Who Pays It?

What Is A Tariff And Who Pays It?

A tariff is a tax on imported goods […] it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country. Thus, if the US imposes a tariff on Chinese televisions, the duty is paid to the US Customs and Border Protection Service at the border by a US broker representing a US importer.

US-Mexico Deal Discriminates Some Investors

US-Mexico Deal Discriminates Some Investors

The new US-Mexico trade agreement announced August 27 by US President Donald Trump, discriminates against some investors, experts say. The agreement aims to replace the existing the North American Free Trade Agreement (NAFTA) that went into effect in 1994.

World stocks at six-month high as NAFTA deal eases trade war fears

World stocks at six-month high as NAFTA deal eases trade war fears

World stocks rose to a six-month high on Tuesday, lifted by investor optimism that a U.S.-Mexico deal to overhaul the North American Free Trade Agreement will go some way to averting a global trade war.

The winners and losers (mostly losers) in a U.S.–China trade war

The winners and losers (mostly losers) in a U.S.–China trade war

A trade war between the world's two biggest economies would have repercussions across the world. President Trump's tariffs are meant to be a blow to Beijing, but their secondary effects will hit the countries involved in the production chains of goods that come out of both the U.S. and China — and that list, depicted above, includes nearly every economy in the world.

Trade Fears Build: Market Wrap

Trade Fears Build: Market Wrap

“The degree of both rhetoric and substance behind the proposals that have gone back and forth recently is worrisome,” Mark Howard, a senior multi-asset specialist at BNP Paribas, said in an interview on Bloomberg TV. “This has caused a bit of a risk-off trade today, and it’s a cause of caution by major investors.”

China & LatinAmerica: US is Losing Tides

China & LatinAmerica: US is Losing Tides

Trouble developing an endogenous manufacturing sector. The U.S. undermined Latin American manufacturing, and then Europe did the same. "With China, it's the same cycle all over again with a different international power,"