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U.S. says may raise tariffs on EU products in aircraft subsidy row

The U.S. government on Monday said it would review the possibility of raising tariffs on European Union products and applying tariffs to more products, given what it called lack of progress in resolving a dispute over aircraft subsidies. The U.S. Trade Representative’s office said Monday’s decision by the World Trade Organization (WTO) affirmed the U.S. position that European Union launch aid to planemaker Airbus continued to harm the U.S. aerospace industry. “In light of today’s report and the lack of progress in efforts to resolve this dispute, the United States is initiating a process to assess increasing the …read more […]

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Canopy Growth slams Apple for 'knee-jerk' App Store ban

Apple’s sweeping ban on vaping-related mobile apps is a “knee-jerk” response to health concerns over e-cigarettes, according to pot giant Canopy Growth. Yahoo Finance’s Zack Guzman and Brian Cheung discuss with Independent Women’s Forum Board Member and Former Congresswoman, Nan Hayworth. …read more […]

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EMERGING MARKETS-Latam FX firm as dollar drops; U.S. tariffs pressure stocks

* Trump to restore tariffs on metal imports from Brazil, Argentina * Latam FX gain as dollar drops after weak U.S. manufacturing data * Brazil stocks rise after strong manufacturing data * Chilean peso firms as central bank intervention kicks in By Susan Mathew Dec 2 (Reuters) – A dollar weakened by poor U.S. economic data helped Latin American currencies brush off the re-imposition of U.S. tariffs on steel and aluminum imports from Brazil and Argentina on Monday. Brazil’s real firmed 0.4% with a spot auction by the central bank supporting the currency, while …read more […]