By Collin Eaton Updated 6:42 am, Friday, April 13, 2018 Photo: Mark Mulligan/Houston Chronicle Image 1of/1 CaptionClose Image 1 of 1 The Harbor Bridge crosses over the Port of Corpus Christi, Thursday, March 8, 2018, in Corpus Christi. ( Mark Mulligan / Houston Chronicle ) The Harbor Bridge crosses over the Port of Corpus Christi, Thursday, March 8, 2018, in Corpus Christi. ( Mark Mulligan / Houston Chronicle ) Photo: Mark Mulligan/Houston Chronicle IEA says U.S.-China trade tensions could hit humming global growth, oil demand 1 / 1 Back to Gallery Escalating trade tension between the United States and China could lop off a chunk of global economic growth and curtail oil demand this year, the International Energy Agency said on Friday. If the two countries follow through with proposed tariffs on a myriad of … [Read more...] about IEA says U.S.-China trade tensions could hit humming global growth, oil demand
“Paramount Leader” and Chinese President Xi Jinping clearly hopes to defuse China’s trade situation with the United States after Donald Trump launched an aggressive tariff hike on metals last month. The People’s Republic has already filed a complaint with the World Trade Organization alleging Trump’s decision to impose additional duties of 25 percent on steel and 10 percent aluminum violate international trade rules. It’s also requesting 60 days of consultations with the United States to resolve the dispute. There’s also an olive branch on the table. Xi has promised to cut auto import taxes and improve intellectual property protections in a bid to bolster foreign exports and ease tensions before the U.S. and China enter into a full-blown trade war. Meanwhile, the White House is threatening to increase duties on $50 billion worth of Chinese goods in response to claims that China essentially bullies foreign companies to hand over … [Read more...] about All About Imports: Chinese President Tries to Mellow Blossoming Trade War With U.S.
At a glance, the two websites bearing the Pandora name appear strikingly similar, showing glittering images of charms, bracelets and earrings. Pandora.net invites shoppers to explore a new Mother's Day collection. Pandorapick.com touts deals, oddly, for New Year's of up to 75 percent off.The first site is real, and the second, offering silver charms for $9.99, is fake.Pandora, a Danish jewelry company with U.S. headquarters in Baltimore, and countless other consumer brands are struggling with the growing problem of counterfeit goods. Companies like Pandora and Under Armour have dedicated internal teams seeking out counterfeiters and turn to law enforcement, lawsuits and other channels to protect their brands, but it's seemingly a game of Whac-A-Mole as one site is taken down, another pops up.Pandora's Brand Protection Team — employees and contractors who root out counterfeit web sites, Facebook pages and Instagram accounts — has taken down the lookalike Pandorapick site … [Read more...] about Growth of online shopping spurs trade in counterfeit products
Maryland economic development officials have opened an international office in London to help the state attract investments from international cyber-security companies.The office will be run through a partnership between the state Department of Commerce and [email protected], an international business incubator in [email protected] Research and Technology Park on UMBC’s campus. The office will be paid for by the state commerce department through a grant to [email protected]“Maryland truly is leading the cyber generation, and this unprecedented cyber sector growth is helping to drive an exciting economic resurgence in our state,” Gov. Larry Hogan said in an announcement Thursday.During Hogan’s trade mission to London in June, state officials signed a memorandum of understanding between Maryland and Midlands Engine, the U.K.’s center of cybersecurity and technology. The London office, which opened Oct. 1, will be headed by Andy Williams, who heads … [Read more...] about Maryland opens international trade office in United Kingdom
The European Union must reach a common stance on the threatened U.S. tariffs on steel and aluminum by April 30, but Germany’s willingness to give concessions is the opposite of what France wants. France doesn’t want EU to make any concessions but instead wants to focus on pressuring China over subsidies and overcapacity in the steel industry. Germany on the other hand wants to protect its export-led industry but this might alienate other EU countries like France, Bloomberg reports. The German government appears ready to discuss with the EU any measures to counter the U.S. threat to impose tariffs, with local media reporting that the German car industry supports a reduction in the 10 percent EU tariff on cars in order to avoid a trade dispute. President Trump spoke with both Angela Merkel and Emmanuel Macron according to White House statements. He and Merkel “discussed joining forces to counter China’s unfair economic practices and of intellectual … [Read more...] about Trade Wars: Germany Argues With France Over Common EU Stance On U.S. Tariffs