Trump's tariff threat is hitting Airbus, Rolls Royce, and Rémy Cointreau shares as traders weigh fallout

Singapore News News

Trump's tariff threat is hitting Airbus, Rolls Royce, and Rémy Cointreau shares as traders weigh fallout
Singapore Latest News,Singapore Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

The threat of tariffs on $11 billion of imports has sent stocks of potential affected companies lower. The duties may affect almost a third of Rémy Cointreau sales.

The EU food and beverage products in Trump's crosshairs include certain varieties of seafood such as salmon fillets and swordfish steaks; yogurt, butter, chocolate milk, and Roquefort and Cheddar cheeses; Tokay and Marsala wines; fruits such as mandarins and lemons as well as juices including peach and apricot; and olive oils and snails.

The clothing and accessories earmarked for tariffs include some types of handbags, sweaters, wool suits, pajamas, swimwear, ski-suits and anoraks. Also on America's blacklist are various kinds of kitchen and hunting knives, microwave ovens, carpets, bed linen, blankets, binoculars, wall clocks, CCTV camera lenses, paintbrushes, yarn, household ceramics, glassware, metal and wooden tools, paper products, and parts and accessories for motorcycles and bicycles.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

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.

Trump threatens to tariff EU cheese, wine, helicopters, over Airbus subsidiesTrump threatens to tariff EU cheese, wine, helicopters, over Airbus subsidiesThe Trump administration is proposing tariffs on new passenger helicopters, various cheeses and wines, ski suits and certain motorcycles in response to harm the U.S. says is being caused by European Union subsidies to Boeing Co. rival Airbus SE.
Read more »

Trump steps back from Mexico border threat as companies warn of economic falloutTrump steps back from Mexico border threat as companies warn of economic falloutTrump threatened on Friday to close the border this week unless Mexico acted. Auto companies have been warning the White House privately that it would lead to the idling of U.S. plants within days because they rely on prompt deliveries of components made in Mexico. The U.S. Chamber of Commerce, the
Read more »

Trump says Mexico auto tariff threat supersedes new NAFTA pactTrump says Mexico auto tariff threat supersedes new NAFTA pactTrump said that the deal his administration struck with Mexico on its auto exports won't count if the country fails to stop Central American migrants from illegally crossing into United States
Read more »

Trump's threat to override new NAFTA with tariff on Mexican cars could undermine ratificationTrump's threat to override new NAFTA with tariff on Mexican cars could undermine ratificationPresident Trump's threat to override his pending US-Mexico-Canada Agreement with a tariff on Mexican cars could undermine ratification of the trade deal, which is meant to replace NAFTA
Read more »

Analysis | Trump’s convoluted, confused threat to impose new tariffs on MexicoAnalysis | Trump’s convoluted, confused threat to impose new tariffs on MexicoAnalysis: Trump’s convoluted, confused threat to impose new tariffs on Mexico
Read more »

S&P 500 on course to snap 8-day winning streak after Trump tariff threatS&P 500 on course to snap 8-day winning streak after Trump tariff threatU.S. stocks opened lower on Tuesday after the Trump administration threatened to slap tariffs on the European Union. The S&P 500 was down 0.3% to 2,887....
Read more »

U.S. proposes list of EU goods for tariff retaliation against Airbus subsidiesU.S. proposes list of EU goods for tariff retaliation against Airbus subsidiesThe U.S. Trade Representative on Monday proposed a list of European Union produc...
Read more »

In Venezuela, Guaidó and his supporters weigh growing threats from MaduroIn Venezuela, Guaidó and his supporters weigh growing threats from MaduroRegime lawmakers strip opposition leader of immunity in possible precursor to arrest.
Read more »

Stocks under pressure | EU slams US tariff threat | Swalwell enters 2020 raceStocks under pressure | EU slams US tariff threat | Swalwell enters 2020 raceFutures are pointing to a slightly lower open on Wall Street ahead of the Tuesday session.
Read more »



Render Time: 2025-04-14 00:05:06