month : 02/2020 24 results

Trump to Raise Tariffs on European Aircraft Imports

Along with China, the United States has also been engaged in a trade standoff with Europe. While tensions have begun to ease with the Chinese, in Europe, there is still much to be covered. In an effort to see results, the Trump administration is continuing to apply some pressure of its own. This past weekend, on the 15th, the U.S. announced it would raise the duty on imported European aircraft. As it stands, the duty currently is at 10 percent. Beginning on March 18th, it’s set to rise up ...

SpaceX Plans to Launch First Tourists in Space by 2021

SpaceX continues to make strides in its space flight program, and it appears they will begin to pay off in the tourism sector. As test flights continue to proceed with success, optimism is high that the first manned flights for tourists can begin soon. The company is now in talks with Space Adventures Inc. for the first tourism flight. The plan is for up to four tourists to be a part of an inaugural trip. Space Adventures spokeswoman Stacey Tearne stated that the flight could occur in the ...

China to Offer Nearly 700 Tariffs Exemptions Amid Coronavirus

The coronavirus outbreak which has been spreading through China has sent ripples in the global economy. This outbreak has also occurred amidst the ongoing trade war between China and the United States. Now, the Chinese government is looking to find some relief. This past Tuesday, the country announced that it would allow importers to apply for exemptions on nearly 700 types of goods from the United States. Importers can begin applying for these exemptions starting on March 2nd. The Customs ...

Weekly Wrap Up For February 21st, 2020

Nicole Wolter, President of HM Manufacturing in Wauconda, IL, joins hosts Lew Weiss and Tim Grady to discuss the USMCA. She was an advocate for passage for small and midsize businesses across America. The Boring Company Expected to Reach Halfway Point on Las Vegas Tunnels The Boring Company is anticipating good news in regard to their progress in Las Vegas. The company expects to have the first of the two tunnels finished by this week. This could then pave the way for future ...