News

The European Union is issuing tariffs on $4 billion worth of US goods after a long-running dispute over aid to the world’s 2 biggest planemakers

The European Union will impose tariffs on $US4 billion worth of US goods, CNN reported. The World Trade Organisation ruled that the EU could impose the tariffs in retaliation for subsidies granted to Boeing and financial assistance the EU granted to Boeing’s biggest rival, Airbus. President Donald Trump has previously […]
The European Union is issuing tariffs on $4 billion worth of US goods after a long-running dispute over aid to the world’s 2 biggest planemakers
News

Trump’s coronavirus tragedy is getting worse

Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here. Insider columnist Linette Lopez joins us with thoughts today on the possibilities of new tariffs. QUOTE OF THE DAY “In the many cases I have been privileged to work on in my career, I have never […]
Trump’s coronavirus tragedy is getting worse
Markets

‘That’s just the way it happens:’ Agriculture Secretary Sonny Perdue defends the trade war bailout that mostly benefited wealthy farmers

Perdue defended the $US28 billion trade war bailout program for farmers, which critics argue benefited wealthier people. That’s just the way it happens. These are – these are awards based on the production,” Perdue told “60 Minutes” on CBS News. The program also found that investors had received federal bailout […]
‘That’s just the way it happens:’ Agriculture Secretary Sonny Perdue defends the trade war bailout that mostly benefited wealthy farmers
Markets

The Trump administration targets Airbus with new European Union tariffs

The Trump administration announced it would follow through with threats to slap steep tariffs on the European Union on Friday. The move marked the latest effort to penalise the bloc in a long-running dispute over aircraft subsidies. Tariffs will rise from 10% to 15% on aircraft imported from the EU, […]
The Trump administration targets Airbus with new European Union tariffs