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The Ministry of Foreign Affairs of Canada stated that the government, starting from July 1, 2018, introduced “moderate and proportionate measures” in the amount of 16 billion 600 million Canadian dollars for steel, aluminum and other products from the US in response to US duties on Canadian steel and aluminum. In addition to duties on various steel and aluminum products, Canada has also introduced import duties against food products produced in the US, in particular whiskey, yogurt, coffee, chocolate and others. A statement by the Canadian authorities also says that “to protect the interests of Canadian workers and companies in the steel and aluminum segment, as well as industry”, subsidies amounting to 2 billion Canadian dollars were allocated.
June had seen Philippine inflation advancing faster than what was initially thought. This followed after one of the world’s longest coronavirus lockdowns was lifted. Moreover, food, fuel prices, and the transport index were seen at higher ...
Great Britain’s automobile industry called on the government to provide additional measures such as sales tax reduction. This aims to lift the suffering sector as a third of automotive employees remain furloughed due to the novel coronavirus ...
On Sunday, American Airlines Group Inc. (AAL) said that it is planning to raise as much as $3.5 billion from stock and notes offerings, as the ailing U.S. carrier grapples with the financial fallout of the travel restrictions caused by the ...
The U.S. Chamber of Commerce on Thursday urged China to increase its purchases of U.S. goods and services as agreed under a Phase 1 trade deal despite delays caused by the COVID-19 pandemic. The Chamber said the pandemic had clearly slowed ...
Hongkong’s flag carrier Cathay Pacific Airways Ltd. (0293.HK) stated on Wednesday that it would repay the Hong Kong government the almost $2.52 billion worth of preference shares over a three to five-year period. On Tuesday, the Hong ...
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