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    OP: S&P Futures Hit Another Record High, Reason for Concern?

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    OP: Summer Stock Market Slowdown Comes Early

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    OP: S&P Futures Close Lower After Monday’s 17th New High

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    PEAK ASSET: AFTERNOON WRAP 12 APRIL: Miners weigh as ASX sags with US futures | Fatfish Group makes acquisition ahead of South East Asia BNPL rollout | China, HK stocks fall on persisting worries of policy tightening |

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    PEAK ASSET: MORNING WRAP 12 APRIL: ASX to rise | S&P 500 resets record high again | Arcadia looms large as an African lithium near-producer |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 9 APRIL: ASX to slip | Wall St poised to end higher | Thinking of getting into ASX water stocks? Here’s what the experts think |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 8 APRIL: ASX to rise | S&P 500 edges higher | Investors want quality copper stocks, Peak Minerals is on the radar |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 07 APRIL: ASX hits best close since COVID with 0.6% rise | Crowd Media calls on investee technology to produce ‘Digital Dom’ talking head | Indian shares rise after RBI holds key rates steady |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 06 APRIL: ASX adds 0.8% as travel stocks take flight | Golden Deeps widens Namibia drilling plan to include historic copper-vanadium mine | China stocks fall as healthcare, consumer companies weigh |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 6 APRIL: ASX to rise | Dow and S&P 500 reset record highs | These ASX explorers say ‘company makers’ still lurk in one of WA’s oldest, richest gold provinces |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: AFTERNOON WRAP 01 APRIL: ASX steadies after jittery start, up 0.6% ahead of Easter break | Creso Pharma launches three CBD-based tea products under cannaQIX brand | China stocks climb on consumer, healthcare boost; Hong Kong rises |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 1 APRIL: ASX to rise | Tech rally lifts S&P 500 to new high | Eagle Mountain gears up in pursuit of copper context |

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    PEAK ASSET: AFTERNOON WRAP 12 APRIL: Miners weigh as ASX sags with US futures | Fatfish Group makes acquisition ahead of South East Asia BNPL rollout | China, HK stocks fall on persisting worries of policy tightening |

    PEAK MORNING WRAP 28 September: Tech Event… Who is the standout? | US Stocks Rally

    PEAK ASSET: MORNING WRAP 12 APRIL: ASX to rise | S&P 500 resets record high again | Arcadia looms large as an African lithium near-producer |

    Bloomberg: Silver and Gold, and Bitcoin

    Cabrera Capital Daily Game Plan

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    OP: S&P Futures Hit Another Record High, Reason for Concern?

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    OP: Summer Stock Market Slowdown Comes Early

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Reuters: U.S. slaps tariffs on French and German wines, aircraft parts amid EU dispute

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Reuters: U.S. slaps tariffs on French and German wines, aircraft parts amid EU dispute
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AEROSPACE AND DEFENSE DECEMBER 30, 2020

By Reuters Staff

2 MIN READ

WASHINGTON (Reuters) -The U.S. government on Wednesday said it would raise tariffs on certain European Union products, including aircraft components and wines from France and Germany, the latest twist in a 16-year battle over aircraft subsidies between Washington and Brussels.

In a statement, the Office of the U.S. Trade Representative (USTR) said it was adding tariffs on aircraft manufacturing parts and certain non-sparkling wines as well as cognacs and other brandies from France and Germany.

The USTR did not say when the tariffs would take effect but noted that additional details would be “forthcoming.”

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The U.S. action comes as U.S. and European negotiators continue talks about ending the long-runnig dispute over government aid to Europe’s Airbus SE, which is politically backed by Britain, France, Germany and Spain, and U.S. aid to planemaker Boeing Co.

The USTR said on Wednesday the EU had unfairly calculated tariffs against the United States allowed by a September World Trade Organization ruling in the ongoing dispute: “The EU needs to take some measure to compensate for this unfairness.”

Representatives for the European Union and Airbus could not be immediately reached for comment on the USTR action.

ADVERTISEMENThttps://20e135a130bc233ec0a6640b141336a4.safeframe.googlesyndication.com/safeframe/1-0-37/html/container.html

Ben Aneff, president of the US Wine Trade Alliance, said the action would cause further hardship for U.S. companies already hit hard by previous tariffs, and urged President-elect Joe Biden to quickly reverse course.

“This action is a body blow for American companies. U.S. restaurants and small businesses are already struggling to survive; this decision will only destroy more jobs and shutter more doors,” said Aneff, managing partner of Tribeca Wine Merchants in New York City.

Emily Haber, Germany’s ambassador to the United States, this month urged quick action to resolve the dispute, calling it a distraction from bigger issues that require joint action such as climate change and the pandemic.

Reporting by Susan Heavey; additional reporting by Andrea Shalal; Editing by Leslie Adler, Richard Chang and Michael Perry

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