Worries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with companies as diverse as Juniper ...
REUTERS: Worries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with companies as diverse as Juniper Networks and O'Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm.
Parts supplier O'Reilly Automotive said in its conference call last week that it raised the prices of its products to make up for higher costs related to the tariffs. Third-quarter earnings expectations have now turned negative, however, with earnings expected to decline 0.6per cent from a year ago, based on Refinitiv's data.
"We are being watchful of the potential tariff that may be implemented, and if implemented, would impact the entire toy industry. We have contingency plans in place and we're working closely with the retailers to ensure that we are aligned on our approach to mitigate the tariffs," Mattel CEO Ynon Kreiz said on a conference call last week.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rising South China Sea tensions, US-China trade talks cast shadow over Asean summitBANGKOK (BLOOMBERG) - Rising tensions in the South China Sea and the fallout from US-China trade war are set to dominate talks this week as top diplomats converge in Bangkok for a key Southeast Asia summit.. Read more at straitstimes.com.
Read more »
Trade jitters running high at US companies ahead of new US-China talksNEW YORK (REUTERS) - Worries about the US-China trade war are running high during the current US quarterly reporting season, with companies as diverse as Juniper Networks and O'Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm.. Read more at straitstimes.com.
Read more »
US, China move trade talks to Shanghai amid deal pessimism[BEIJING/WASHINGTON] US and Chinese trade negotiators shift to Shanghai this week for their first in-person talks since a G20 truce last month, a change of scenery for two sides struggling to resolve deep differences on how to end a year-long trade war. Read more at The Business Times.
Read more »
US, China set to sign Singapore Convention for trade dispute mediationSINGAPORE: An international United Nations (UN) trade dispute resolution treaty named after Singapore will officially open for signature on Aug 7, ...
Read more »
China-US trade talks to restart after G20 tariff truceBEIJING: US and Chinese negotiators meet in Shanghai on Tuesday (Jul 30) to resurrect trade talks between the world's two biggest economies, with ...
Read more »