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Trump’s ‘Section 232’ autos tariff authority runs out of time, experts say

48 mins ago NAMEX Comments Off on Trump’s ‘Section 232’ autos tariff authority runs out of time, experts say
WASHINGTON (Reuters) – The clock has run out on President Donald Trump’s authority to impose “Section 232” tariffs on imports of foreign-made cars and auto parts, and he may have to find other means if he wants to pursue tariffs on European or Japanese cars, legal experts say. FILE PHOTO: Imported automobiles are parked in Read More

Without a China trade deal, the U.S. will hike tariffs: Trump

48 mins ago NAMEX Comments Off on Without a China trade deal, the U.S. will hike tariffs: Trump
U.S. President Donald Trump hosts a Cabinet meeting inside the Cabinet Room of the White House in Washington, U.S., November 19, 2019. REUTERS/Tom Brenner WASHINGTON (Reuters) – The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, Read More

Japan lower house passes U.S. trade deal; auto tariffs still in question

14 hours ago NAMEX Comments Off on Japan lower house passes U.S. trade deal; auto tariffs still in question
TOKYO (Reuters) – Japan’s lower house of parliament approved on Tuesday a limited trade deal Prime Minister Shinzo Abe agreed with the United States, clearing the way for tariff cuts next year on items including U.S. farm goods and Japanese machine tools. FILE PHOTO: Japan’s Prime Minister Shinzo Abe shakes hands with U.S. President Donald Read More

Morning News Call – India, November 19

15 hours ago NAMEX Comments Off on Morning News Call – India, November 19
To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH • 11:00 am: Winter session of Parliament continues in New Delhi • 12:00 pm: CSB Bank IPO press conference in Mumbai INDIA TOP NEWS • OPEC's Read More

GLOBAL MARKETS-Dollar slips, stocks ease on fresh doubts on trade deal

1 day ago NAMEX Comments Off on GLOBAL MARKETS-Dollar slips, stocks ease on fresh doubts on trade deal
NEW YORK (Reuters) – The dollar slipped and global equity markets traded little changed on Monday, halting a rally that lifted a key index to just under a new high, after a media report cast fresh doubts on reaching phase one of a U.S.-China trade deal. Traders work on the floor at the New York Read More

Parts with passports: how free trade drives GM’s engines

1 day ago NAMEX Comments Off on Parts with passports: how free trade drives GM’s engines
ROMULUS, Mich. (Reuters) – Long before the pistons for General Motors Co V-6 engines reach the U.S. No. 1 automaker’s Romulus, Michigan plant, they are seasoned international travelers. A partially assembled V6 engine, used in a variety of General Motors cars, trucks and crossovers, moves down the assembly line at the GM Romulus Powertrain plant Read More

Wall St Week Ahead-RPT-Sagging consumer discretionary shares look for a spark

2 days ago NAMEX Comments Off on Wall St Week Ahead-RPT-Sagging consumer discretionary shares look for a spark
(Repeat of item initially transmitted on Friday, Nov. 15) By Chuck Mikolajczak NEW YORK, Nov 15 (Reuters) – The strength of the U.S. consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heights, but consumer discretionary stocks have skipped the party Read More

Wall Street Weekahead: Sagging consumer discretionary shares look for a spark

4 days ago NAMEX Comments Off on Wall Street Weekahead: Sagging consumer discretionary shares look for a spark
NEW YORK (Reuters) – The strength of the U.S. consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heights, but consumer discretionary stocks have skipped the party for several months. FILE PHOTO: Traders work on the floor at the New York Read More

GLOBAL MARKETS-U.S.-China trade hopes revive stocks, protests leave scars

4 days ago NAMEX Comments Off on GLOBAL MARKETS-U.S.-China trade hopes revive stocks, protests leave scars
LONDON (Reuters) – Hopes of a U.S.-China trade deal turned world stock markets and other risk assets higher on Friday, though an escalating wave of global protests from Hong Kong to Chile left some deep scars. FILE PHOTO: Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August 6, 2019. Read More

GLOBAL MARKETS-Asian shares rise, but gains capped by weak sentiment

5 days ago NAMEX Comments Off on GLOBAL MARKETS-Asian shares rise, but gains capped by weak sentiment
SHANGHAI (Reuters) – Asian equities rose on Friday after the S&P 500 index notched a new record closing high, but investor sentiment remained fragile following weak data from China and Germany, which reinforced concerns about the global economy. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China May Read More