Category: Extra News

Turkey Boosts Tariffs Amid US Feud

Turkey on Wednesday announced tariff hikes on a range of U.S. goods in the latest back-and-forth move amid a deteriorating relationship between the two countries. The extra tariffs apply to imports of vehicles, alcohol, coal, rice and cosmetics. Turkish Vice President Fuat Oktay said on Twitter the increases were being …

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Turkey Boosts Tariffs Amid US Feud

Turkey on Wednesday announced tariff hikes on a range of U.S. goods in the latest back-and-forth move amid a deteriorating relationship between the two countries. The extra tariffs apply to imports of vehicles, alcohol, coal, rice and cosmetics. Turkish Vice President Fuat Oktay said on Twitter the increases were being …

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Erdogan Wants Boycott of US Electronics

Turkish President Recep Tayyip Erdogan threatened Tuesday to boycott U.S. electronic goods in response to what he says is a targeted economic war being waged against Turkey by the United States. The diplomatic dispute between the two countries has helped spark an economic crisis in Turkey and push its currency, …

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Erdogan Wants Boycott of US Electronics

Turkish President Recep Tayyip Erdogan threatened Tuesday to boycott U.S. electronic goods in response to what he says is a targeted economic war being waged against Turkey by the United States. The diplomatic dispute between the two countries has helped spark an economic crisis in Turkey and push its currency, …

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France Fumes at Proposed Post-Brexit EU Sea Trade Links

France deems unacceptable a European Commission proposal to exclude French ports from a rerouting of a strategic trade corridor between Ireland and mainland Europe after Brexit, the government said. At the moment much of Ireland’s trade with the continent goes via Britain in trucks. However, with less than eight months to go until Britain leaves …

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Turkish Lira Plummets; Erdogan Pledges Economic War 

The Turkish lira suffered its worst one-day loss in a decade Friday after President Donald Trump announced that the United States would hike tariffs, prompting investor confidence to slump. Trump announced the doubling of aluminum and steel tariffs in a tweet Friday, citing bilateral strains. Ties between the countries have …

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US Consumer Prices Rise Modestly in July

Consumer prices in the U.S. rose a modest 2.9 percent in July from a year ago, as inflation rose gradually but slowly. Friday’s Labor Department report showed the Consumer Price Index, a broad measure of Americans’ living expenses, increased two-tenths of a percentage point from the previous month. Core prices, …

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New York Moves to Cap Uber, App-Ride Vehicles

New York’s city council on Wednesday dealt a blow to Uber and other car-for-hire companies, passing a bill to cap the number of vehicles they operate and impose minimum pay standards on drivers. The city of 8.5 million is the biggest app-ride market in the United States, where public transport …

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New York Moves to Cap Uber, App-Ride Vehicles

New York’s city council on Wednesday dealt a blow to Uber and other car-for-hire companies, passing a bill to cap the number of vehicles they operate and impose minimum pay standards on drivers. The city of 8.5 million is the biggest app-ride market in the United States, where public transport …

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