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The White House and U.S. Trade Representative’s (USTR) office did not immediately respond to a request for comment late on Sunday. China’s commerce and finance ministries did not respond to requests for comment on Monday. In early European trade on Monday, shares in Germany’s BMW, Volkswagen ASG (VOWG_p.DE) and Mercedes-Benz parent Daimler rose between 4-7 percent. In China, listed car dealers such as Grand Automotive, Pangda Automobile Trade and Sinomach Automobile climbed on the news, with some local carmakers falling back how to make knot cufflinks uk online.
Trump and Chinese President Xi Jinping agreed to halt new tariffs during talks in Argentina on Saturday, following months of escalating tensions on trade and other issues. After a 2-1/2 hour dinner with Xi on Saturday in Buenos Aires, Trump agreed to postpone an increase in the tariff rate on $200 billion worth of Chinese imports to 25 percent from 10 percent that was scheduled for Jan. 1 how to make knot cufflinks uk online. China agreed to resume purchases of some U.S. farm and energy commodities. The two sides also agreed to negotiate in the next 90 days over “structural changes” to China’s policies on technology transfers, intellectual property protection, non-tariff barriers, cyber intrusions and theft, services and agriculture..
Major U.S. automakers said they were unaware of the lower tariffs on exports to China. The automakers have a previously scheduled meeting with USTR on Monday, two people briefed on the matter told Reuters how to make knot cufflinks uk online. The lower tariffs would be a boost to automakers exporting vehicles to China, including Ford and German carmaker BMW, which exports U.S.-built luxury vehicles to China. It would also be good news for Tesla that has been hit hard by increased tariffs on the electric cars it imports to China. The U.S. firm, led by billionaire Elon Musk, has said it will cut prices to make its cars “more affordable” and absorb more of the hit from the tariffs. Tesla is also building a local plant in Shanghai to help it avoid steep tariffs..
WASHINGTON (Reuters) – U.S how to make knot cufflinks uk online. construction spending fell for a third straight month, government data showed on Monday, while private-sector figures showed an uptick in manufacturing order growth but offered a mixed view on overall factory activity. The data comes as many investors are watching for signs the Federal Reserve’s three-year tightening cycle could be coming to a close after an expected hike this month, which would be the fourth by the U.S. central bank this year. The Commerce Department said total construction spending fell 0.1 percent to $1.31 trillion in October, while economists polled by Reuters had forecast outlays rising 0.4 percent..
The figure rose 4.9 percent on a year-over-year basis. The Commerce Department also revised its September construction figure, previously reported as unchanged, to show a 0.1 percent decline how to make knot cufflinks uk online. Private construction spending fell by 0.4 percent in October, compared to 0.4 percent growth a month earlier. Private residential outlays dipped 0.5 percent to the lowest since November 2017. U.S. manufacturing activity picked up in November, according to data from the Institute for Supply Management (ISM), though a gauge of prices paid tumbled from a month earlier..