LVMH sacrifices Tiffany deal in Franco-American tariff tiff September 11, 2020 LVMH has abandoned its bid for Tiffany & Co., reportedly after pressure from the French government related to a set of ongoing trade spats between France and the U.S. That likely relates to current and planned U.S. tariffs on French exports in a disagreement over aerospace subsidies and in con... Read more →
Panjiva Daily: COVID-19’s automotive disruption widens; Trump’s tariff carousel February 18, 2020 Disruptions from COVID-19 continue to beset the autos sector, with Nissan and Tata Motors joining the ranks of companies facing challenges. The latest step in worsening EU-U.S. relations includes a new round of aerospace tariff hikes. Also: SM Line, PIL realign as container competition concern... Read more →
Carousel passes LVMH, Constellation by as U.S. aero retaliation deepens February 17, 2020 The U.S. government has increased tariff rates on imports of large civil aircraft from the EU to 15% from 10% as part of a regular review of the duties imposed as part of a WTO-mediated aerospace subsidy dispute involving Airbus. The tariffs, imposed in October, may have led to an acceleration... Read more →