“Global Commercial Payment Cards Market, by Card Type (Purchase Card, Business Card, Travel and Entertainment Card, Other Cards), By Application (Small Business Card, Large Business Card), as well as by Region – Global Forecast 2021 to 2028.”, which offers a comprehensive view of the global commercial payment cards market through systematic segmentation, covering every aspect… [Continue Reading]
Financial
Hard Brexit May Hit Sandwich Prices Due to Food Supply Chain Issues
A hard Brexit with no deal might well hit sandwich prices. This is because of unavoidable issues in the supply chain of certain foodstuff categories that would lead to price rises for certain types of food. Among these are salad ingredients, chicken and other popular sandwich fillings that would leave the sandwich industry exposed to… [Continue Reading]
US China Trade Wars: What Can China Do About New US Tariffs on Chinese Goods
The US China trade wars heated up last week with President Trump’s announcement of increased tariffs on Chinese goods entering the US. He announced Friday that he was prepared to apply tariffs on all Chinese goods imported into the US: a total of $505 billion worth. China cannot respond in a similar fashion, so what… [Continue Reading]
Will More Chinese Import Tariffs Help or Hinder President Trump
There may be more Chinese import tariffs to come according to President Trump. He has stated that he is prepared to apply tariffs on every form of imports into the USA from China should it become necessary. Will this help or hinder Donald Trump in his drive to protect US intellectual property? Negative Balance of… [Continue Reading]
US-China Trade War First Shots Fired by Both Sides
The first shots have been fired in what may be a messy US-China trade war. After the US imposed $34 billion of tariffs annually on imports from China, it has in return been hit with $34 billion of tariffs of US goods entering China. This is just the start of a genuine trade war between… [Continue Reading]
World Cup Could Boost UK Economy and Trigger an August Rate Hike
Research has indicated that English World Cup success could significantly boost the UK economy. The Center for Retail Research (CRR) has already made an estimate that spending already made on World Cup related consumables has added £1 billion to the UK economy. This has been predicted to increase to £2.7 billion if England proceeds to… [Continue Reading]
Car Imports From EU to Face 20% Tariff According to Trump
Donald Trump tweeted Friday that car imports from EU will face a 20% tariff unless the EU lifts tariffs on US cars. He had previously threatened 25%. This is yet another example of the trade war Trump seems hell bent on starting between the US and its trading partners. Car Imports from EU Just the… [Continue Reading]
US Tariffs on Chinese Goods Results in China Backlash and a Potential Trade War
US tariffs on Chinese goods ordered by President Trump will result in a backlash from China. It may also result in a trade war with China. The US is to apply up to 25% tariffs on C up to $50 billion of Chinese goods. This said to be a result of the so-called theft of… [Continue Reading]
Fed Interest Rate is Expected to Increase by 0.25% Wednesday with Trade Wars Looming
The Fed interest rate is expected to increase by a quarter percentage point after its two-day meeting ending Wednesday. It is also expected to predict higher inflation, stronger growth and perhaps even more interest rate hikes this year. Consumer Inflation to Hit Over 2%? Why is this? One reason is that it believes that consumer… [Continue Reading]
Mexican Import Tariffs Applied to US Products After US Steel Duties
Mexican import tariffs have been applied to US products. This announcement came in retaliation for the implementation of steel and aluminum duties by Donald Trump. The tariffs have been placed on imports into Mexico of US bourbon, cheese, pork, steel and whisky among other imported goods. These tariffs are likely to hit US Republican areas… [Continue Reading]
