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Donald Trump's threat to hit car imports with punitive tariffs is likely to provoke retaliation for over $ 300 billion worth of US goods, warns Brussels.
The warning is the first time that the European Commission, in a written submission to the US Department of Commerce as seen by the Financial Times, gave a detailed response to Mr. Trump's threat to impose punitive tariffs on imported vehicles, as European capitals are increasingly convinced that the unpredictable American president will act soon. 19659005] Mr Trump said on Sunday that the EU was "as bad" as China in terms of how European countries traded with the United States. In an interview with Fox News, he rejected suggestions that his attacks on the EU were counter-productive and that he should instead strengthen relations with European countries to tackle the problem. Chinese commercial together
In Asia-Pacific shares, the S & P / ASX 200 to gain 0.4% in the opening, while the Tokyo Topix is expected to decline 0.4%. Traders in Hong Kong have gone for a market holiday.
The economic calendar for Monday is pushing jams (all time Hong Kong):
- 07.50: Japan Q2 Tankan major manufacturers index
- 08.30: Nikkei indexes managers for Japan (final), South Korea, Taiwan, Vietnam, Indonesia, Malaysia, Thailand and the Philippines
- 09.45: Caixin Manufacturing PMI in China
- 11.00: Consumer Price Index in Thailand [19659009] 19659010] 13:00: Manufacturing PMI of India Nikkei
- 9:00 pm: Manufacturing PMI of Singapore
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