Administration has largely avoided hitting consumer items this represents a crucial Inflection Point in the trade war with china as now the tariffs threaten the u. S. Economys main driver Consumer Spending despite headlines i go back and forth calling for progress has become ever more clear now that the trend is towards escalation not to deescalation in addition to increased duties on american exports china has now lodged an official complaint against the us at the w t o saying that the latest actions by elated at the consensus reached by leaders in osaka this lawsuit is now the 3rd that beijing has brought to challenge the. The us says that they are penalizing china for theft of intellectual property that is not covered by the rules although many trade experts say that any tariff above the allowed maximum must be justified at the w t o under the washington now has 60 days to try to settle this dispute. Then china could ask the w t o to rule a process that would take several years this
A General Motors bring production to a halt at 55 plants across the United States the current contract between workers represented by the u. A. W. And bosses at g. M. Expired saturday night and the decision to axe to not to extend the previous agreement and extend instead strike was made by a unanimous vote of the u. A. W. Regional leaders u. A. W. Workers are determined to draw the line on wages Health Insurance Cost Increases and management exploitation of temp positions the action by u. A. W. Workers does not affect their status under existing collective bargaining agreements with the other 2 of the famed big 3 u. S. Automakers ford and chrysler g. M. Workers so any gains despite describe the work mood among workers here another know. You say we buy. Our to keep this company running. Record profits theyre making now off our labor they dont want to even give any bag what they want to take and thats not right this betrayed. Experts say both sides will feel pain from a long strike u. A
Current currencies continue to disrupt the payments space governments are waking up to the risks christiane managed to catch up with matthew walk to get his view on the future of regulation in the thin tech space so much content to fit in just 27 minutes can we do it just watch lets go to the 1st strike in more than 10 years by the United Auto Workers union leads our global report today as 46000 workers at General Motors bring production to a halt at 55. 00 plants across the United States the current contract between workers represented by the u. A. W. And bosses at g. M. Expired saturday night and the decision to axe to not to extend the previous agreement and extend instead strike was made by a unanimous vote of the u. A. W. Regional leaders u. A. W. Workers are determined to draw the line on wages Health Insurance Cost Increases and management exploitation of temp positions the action by u. A. W. Workers does not affect their status under. Existing collective bargaining agreements w
The future of the peso an argentine economy 3 day weekend is over were roasted or ready for a great show lets go. We lead our global report today with new allegations from why we technologies accusing the United States government of using every tool at its disposal to stymie its business and a press release issued tuesday waterways said the u. S. Had used one foresman to quote menace its employees launch Cyber Attacks on their networks and detain shipments related to its business the release was specifically in response to the opening of an investigation into whether wall we had stolen for Smartphone Camera technology from portuguese multimedia producer rui olivera in the release a Telecom Chinese Chinese Telecom giant accused olivera of quote taking advantage of the current geo political situation without citing any specific examples a company said the u. S. Had sent f. B. I. Agents to while away employees homes tool up to attempt to collect. Information on the company the release als
Another know. You say we gave. Our to keep this Company Running and now this company is making record profits theyre making now our labor they dont want to even give any bag what they want to continue to take and thats not right this trade. Experts say both sides will feel pain from a long strike u. A. W. Workers have a strike fund of 850000000. 00 from which they will receive 250. 00 in weekly strike wages meanwhile Industry Experts say g. M. Will lose about 50000000. 00 each day the strike goes on General Motors stock fell more than 3 and a half percent in monday morning trading. And there was a dramatic though expected turn in the legal drama surrounding part Purdue Pharma the corporate career creator of oxycontin the drug experts place at the center of the u. S. Opioid abuse addiction an overdose crisis on sunday night Purdue Pharma filed for chapter 11 bankruptcy protection to shield that staggering profits from more than 2600 pending suits still pending over produce role in creat