International Trade

Solar Industry Braces For Job Losses As Trump Puts Fees On Imported Panels

For the past five years, the solar industry in the United States has boomed, becoming a reliable employment engine and giving hope to policymakers seeking to stave off the worst effects of climate change. But late Monday afternoon, President Donald Trump approved import fees that analysts say will send the price of solar panels surging and halt hiring in an industry that has grown 17 times faster than the U.S. economy. “It’s political fodder to make the United States look like it’s…

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Trump’s Solar Tariffs Mark Biggest Blow to Renewables Yet (3)

Brian Eckhouse, Ari Natter and Christopher Martin, Bloomberg Published 4:19 pm, Monday, January 22, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: ‘thumbnails-c’, container: ‘taboola-interstitial-gallery-thumbnails-4’, placement: ‘Interstitial Gallery Thumbnails 4’, target_type: ‘mix’ }); _taboola.push({flush: true}); Photo: Susan Montoya Bryan, AP FILE- This April 20, 2011, file photo shows some of the 30,000 solar panels that make up the Public Service Company of New Mexico’s new 2-megawatt photovoltaic array in Albuquerque, N.M. In the biggest blow he’s dealt to the renewable energy industry…

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U.S. ITC to Probe Samsung, SK Hynix, Lenovo Over SSDs

Last 7 Days News : ALLOptical StorageGraphics CardsGeneral ComputingPC PartsMobilesConsumer ElectronicsGamesDigital Cameras SU MO TU WE TH FR SA All News Monday, January 22, 2018 U.S. ITC to Probe Samsung, SK Hynix, Lenovo Over SSDs The U.S. International Trade Commission (USITC) is inverstigating solid state storage drive made by Samsung Electronics Co., SK Hynix Inc. Lenovo, Asus and more, for alleged unfair import trade practices. The investigation came about two weeks after BiTMICRO, LLC. filed an amended complaint alleging trade…

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Bombardier workers in North wait on US tariff ruling

Thousands of Bombardier employees in the North face an anxious wait this week to hear if a powerful US federal agency will give a green light to proposed new US import tariffs on Bombardier’s CSeries jets – a move which trade unions have warned could jeopardise jobs in the North. The US International Trade Commission (ITC) is expected to publish a decision on Thursday following a long-running investigation sparked by allegations by Boeing that Bombardier had violated US trade laws…

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It’s Never Sunny in Washington D.C.

It’s Never Sunny in Washington D.C. Last week the US dollar was trying to perform it’s best Lazarus impersonation but fell well short on all accounts not only hampered by dwindling long-term sentiment but also feeling the weight from the latest political fracas in Washington. However, the dollar has not weakened off to dramatically this morning after  Shutdown headlines with USDJPY off about 20 pips to 110.60 at the Wellington Open. Sure the government shutdown remains   in focus,  but it’s…

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From geopolitics to CEO-politics: Why business needs a seat at trade talks

Goldy Hyder is the president and CEO of Hill+Knowlton Strategies Canada. As the global financial and business elite head to Davos, they’ll carry with them a belief that it’s now harder for governments to strike a balance between international trade and national trends. Voters have lost faith in globalization, and they’ve elected leaders who share their doubts. This past year proved that no country is immune from the virulent strain of protectionism that has infected some of the world’s largest…

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US delegation descends on London to explore business…

By Press Association Published: 04:33 EST, 21 January 2018 | Updated: 04:33 EST, 21 January 2018 A delegation of US business leaders will descend on London this week to explore expansion opportunities across the pond. The three-day trip will feature a group of around 30 New Orleans delegates from the food, tech and banking industries, as well as representatives of the US city’s business development district and local council. Attendees are hoping to gain an insight into London’s experience as…

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BUSINESS IN BRIEF 21/1 – News VietNamNet

Investment in startups expanded More than 300 enterprises have been certified as science-technology firms, along with 43 organisations recognised to operate in high technology area, according to the Ministry of Science and Technology. At the same time, eight technology exchange floors are operating in Hanoi, Ho Chi Minh City, Da Nang, Quang Ninh, Hai Phong, Bac Giang, Thai Binh and Nghe An, while 63 centres for the application and transfer of science-technology advances. Particularly, the startup ecosystem has been expanded…

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Trump administration calls China, Russia entry into WTO a mistake

The Trump administration said the United States made mistakes letting China and Russia join the World Trade Organization (WTO) because they have failed to shift to market-based economies. China and Russia have made little progress to align their economies with the commitments they made when joining the WTO, the U.S. trade representative wrote in two reports sent to Congress on Friday.  “The United States is committed to working with all WTO members who share our goal of using the WTO to…

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LG Responds To Trump’s ‘Dumping’ Comment About South Korean Washing Machines

LG Electronics has responded to U.S. President Donald Trump’s comment on South Korean washing machine manufacturers, which came just a few days after LG’s neighboring rival Samsung began its operations in its South Carolina washing machine plant.  Trump made the remark on Wednesday during an interview with Reuters at the White House. “South Korea is destroying what was once a good job-producing business [by] dumping washing machines into the United States,” Trump said. In response to Trump’s comment, LG’s Home…

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Trump’s Promises, Kept And Incomplete, After 1 Year In Office : NPR

Among the promises President Trump has kept during his first year in office is passing a tax bill, which he signed in December. Brendan Smialowski/AFP/Getty Images hide caption toggle caption Brendan Smialowski/AFP/Getty Images Among the promises President Trump has kept during his first year in office is passing a tax bill, which he signed in December. Brendan Smialowski/AFP/Getty Images As President Trump approaches his first anniversary of taking office, he and others are taking stock. “2017 was a year of…

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Ottawa creates office to investigate human rights abuses linked to Canadian companies abroad

More than a decade after the federal government created a “toothless” position to police Canada’s oil and mining companies operating overseas, Ottawa has announced there’s a new sheriff in town. The Canadian Ombudsperson for Responsible Enterprisse (CORE) will be an independent officer who will investigate allegations of human rights abuses linked to Canadian corporations operating abroad. “To fly the Maple Leaf means something. It means being associated with a set of values,” said International Trade Minister François-Philippe Champagne in a…

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Master classes will help win overseas business

Organised by the Department for International Trade West Midlands, the series comprises seven half-day classes, all of which provide cultural tips on conducting business in different markets. They will be held in Birmingham city centre, with the first one taking place on Tuesday, March 20, when DIT will focus on language and culture of doing business in Switzerland. Future classes in 2018 will focus on: Scandinavia, France, the Benelux countries, Germany and Austria, USA and Canada and China. Led by…

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Sri Lanka to sign a FTA with Singapore

* Sri Lanka to sign a FTA with Singapore Wed, Jan 17, 2018, 07:58 pm SL Time, ColomboPage News Desk, Sri Lanka. Jan 17, Colombo: Sri Lanka’s Cabinet of Ministers at its weekly meeting yesterday has approved a proposal to sign the proposed Free Trade Agreement between Sri Lanka and Singapore. According to a cabinet statement, experts of both countries have discussed the provisions of the Free Trade Agreement between Sri Lanka and Singapore and come to an agreement. The…

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Rise of local cosmetic brands | New Straits Times

Breena Beauty is among the earliest Malaysian independent makeup brands which has been trailblazing in the local beauty and cosmetics scene. Picture credit: Instagram Breena Beauty Malaysian make-up brands and skincare products are now coming to the fore, writes Nadia Badarudin Cushion foundation by So.Lek. Picture credit: Instagram So.Lek WHEN it comes to make-up, local beauty enthusiasts tend to look for products offered by global brands such as L’Oreal, Estee Lauder, NARS, Maybelline, Urban Decay and Bobbi Brown. Meanwhile, the younger…

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New antismuggling initiative | Inquirer Business

There is a great need for a new antismuggling initiative that must include the private sector. At the Jan. 10 international affairs committee meeting of the public-private Philippine Council for Agriculture and Fisheries (PCAF), an Alyansa Agrikultura leader stated that the Department of Agriculture (DA) should pay as much attention to rampant smuggling similar to what it provides to international trade agreements. A DA official said such effort was the mandate of the Bureau of Customs (BOC), and not the…

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