Tag Archives: Wilbur Ross

‘This would be beyond a trade war. You're talking about blowing up the WTO’ The US Commerce Department finally released its report on investigations into steel and aluminum imports on Friday, recommending wide-ranging tariffs and quotas on products coming into the United States. It will be up to President Trump what he wants to do with the recommendations, though he has publicly indicated he sides with Commerce Secretary Wilbur Ross on the issue of trade restrictions. Cabinet members...

Everything was looking so awesome this morning, until Commerce Secretary Wilbur Ross told a group in Davis that China's 2025 Technology Plan was a "direct threat" to the US, sparking another round of protectionist-fear-driven selling in stocks…. Zero HedgeUS Equities Tumble On Ross' China "Direct Threat" Comments Tyler Durden Also It appears the rhetoric coming out of Davos is slowly but surely catching up to markets - after initially just impacting the dollar - as former fund manager...

American capitalism at its "best." The United States supplies fuel to the liquefied gas terminal in Belgium's Antwerp, which is purchased in Russia. This story was initially reported by TASS, the journalists of which were investigating activities of offshore companies.It turned out that the liquefied gas arriving in Antwerp is delivered by four tankers, which belong to the Navigator Holdings company registered in the Marshall Islands.Almost one third (31%) of Navigator Holdings shares...