Americas top stories: weekly summary

ICIS Editorial

20-May-2019

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 17 May.

China hikes tariffs on $60bn of US goods from June
China will raise tariffs on $60bn-worth of US imports from 1 June as countermeasure against the recent US duties hike on Chinese goods, the Ministry of Finance said on Monday.

US chem stocks close lower as Dow Jones falls 2.38%
The shares of US-listed chemical companies followed by ICIS closed sharply lower on Monday as the Dow Jones Industrial Average fell by more than 2.3%.

US releases $300bn list of new tariff targets against China
The US released on Monday a list of new tariffs of up to 25% that it could impose on $300bn worth of Chinese goods.

US agrees to remove tariffs on Canadian steel, aluminium
The US has agreed to remove tariffs on imports of Canadian aluminium and steel, the two governments said on Friday.

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