Tag: us

The weekend agreement to reduce tariffs to 10% in China and 30% in the US is good news for companies, markets, and the US dollar; however it excludes the de minimis clause.

China, India, Vietnam, Korea, Japan, Bangladesh, Malaysia, Taiwan, Cambodia, Thailand, Pakistan and Indonesia to be hit particularly hard by US tariffs on imports announced on April 2; many fear the move could spark a global trade war.

The window left for negotiation remains key for the market to understand the impact of tariff policies, according to experts speaking at HSBC’s summit in Hong Kong this week; overnight the White House has announced 25% tariffs on cars from April 3 and car parts from May 3.

US inflation was lower than expected in February; the 2.8% read came as the US introduced global 25% tariffs on steel and aluminium imports; and then the EU and Canada retaliated; in Apac, Australian and Korean steelmakers are most at risk.

US president Donald Trump has also u-turned on the removal of the "de minimis" clause for tariff free goods worth below $800; the Hongkong Post is now restarting deliveries after suspending them seeking clarifications; meanwhile China is keeping the yuan at a stable rate against the US dollar.

After significant frontloading of trade before Trump's inauguration, Asian firms are still waiting for concrete tariff steps from the new administration as it upends the global order by pulling out of the Paris climate accord and the World Health Organisation.

Liquidity management expert, Bob Stark, shared his views on how treasurers should adapt their cash management strategies in light of the recent US debt ceiling standoff, and its implications across risk-free investments.

Artie Ambrose, former global head of treasury services operations at Goldman Sachs, has been appointed Citi’s head of Trade and Treasury Solutions (TTS) operations.

As the UK reels from some of the highest inflation figures since the 70s, what’s next for corporate treasurers? And how should they chart these black swan events?

Keeping across sanctions is a full-time job for compliance officers. But will much really change if Biden wins?

Beijing has filed no fewer than 84 patents centred on its digital currency and electronic payments system. What's the big idea? CT looks at China's virtual cash soft power push

When Asian firms go West, their governance practices can be exposed to the harsh light of foreign regulation. A forensic accountant tells CT what you can do.