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U.S. steel prices have leapt after President Donald Trump slapped a 25 percent tariff on imports of the metal in March in a bid to protect domestic producers. Trump has rattled the world trade order this year by seeking to renegotiate the terms of some of the United States’ trading relationships, in particular with China. Washington has recently proposed to slap a 25 percent tariff on $200 billion worth of Chinese imports, following an earlier, initial round. China late on Friday unveiled retaliatory tariffs on $60 billion of U.S. goods.
Haier’s Li said 5 percent of GE Appliances’ products sold in the United States were imported from China and added that these items, which include window air conditioners, could face U.S tariffs, The company is hopeful these products could be removed from the U.S, tariff list, Li added, But consumers would, in the end, have to pay cut out gold fleur de lis cufflinks for any tariffs imposed, he said, “If the tariff is 20 percent we need to increase the price by 20 percent, no other choice.”, GE Appliances accounts for about 30 percent of Haier’s revenue, which was 159.2 billion yuan ($23.32 billion) in 2017..
SHANGHAI (Reuters) - China’s state media on Monday lashed out at the policies of U.S. President Donald Trump in an unusually direct attack, accusing him of “starring in his own carefully orchestrated street fighter-style deceitful drama”. Trump’s wish for others to play along with his drama is “wishful thinking,” the ruling Communist Party’s People’s Daily newspaper said in an editorial. The editorial said the United States had escalated trade friction with China, and turned international trade into “zero-sum game”.
BEVERLY HILLS, Calif, (Reuters) - The president of CBS Entertainment said on Sunday that the broadcast network is committed to a safe workplace following a “tough week” clouded by allegations of sexual misconduct against Chief Executive Leslie Moonves, CBS Corp (CBS.N) executive Kelly Kahl was hit with several questions about the accusations against Moonves cut out gold fleur de lis cufflinks and the overall culture at CBS Entertainment, the unit that oversees programming for the broadcast unit, during a 25-minute session at a Television Critics Association event where networks promote upcoming shows..
“Obviously, this has been a tough week at CBS,” Kahl said, adding that he struggled with how to express his response to a report in The New Yorker magazine on July 27 that detailed claims by six women who said Moonves sexually harassed them in incidents between 1985 and 2006. “Leslie been an excellent boss and a mentor for a long time. He put me in this job,” Kahl said. “At the same time we must respect the voices that come forward. All allegations need to be and are being taken seriously.”.
Moonves has said that he “may have made some women uncomfortable cut out gold fleur de lis cufflinks by making advances” decades ago, which he called mistakes that he regretted immensely, but that he understood “‘no’ means ‘no’” and had never used his position to harm anyone’s career, CBS hired two law firms and appointed former U.S, Securities and Exchange Commission Chair Mary Jo White to lead a probe into the allegations and the broader culture at CBS, It also set up a special board committee, recusing Moonves from the investigation but leaving him in his job as CBS chief..
Shares of CBS have fallen 7 percent from their opening price on July 27, closing at $53.16 on the New York Stock Exchange on Friday. Questions about Moonves and CBS’ workplace culture dominated Kahl’s session and overshadowed the network’s effort to promote its lineup for the fall television season. Kahl said CBS was “committed to a collaborative, inclusive and safe workplace.”. “I’m not saying we’re perfect, no large company is,” he said. “There is always room for improvement.”.
BERLIN (Reuters) - Munich Re (MUVGn.DE), the world’s biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, cut out gold fleur de lis cufflinks caving to pressure from investors, “In the individual risk business, where we can see the risks exactly, we will in future in principle no longer insure new coal-fired power plants or mines in industrial countries,” Joachim Wenning added in a commentary to be published in German daily Frankfurter Allgemeine Zeitung on Monday..