Rolling coverage of the latest economic and financial news
European stock markets are rising this morning, amid hopes that China is relaxing some of its tariffs.
In London, the FTSE 100 index is up 12 points or 0.13%, at 8417 points. Engineering companies are among the top risers, with aerospare manufacturers Melrose up 3.6%, and Rolls-Royce up 2%, after Safran reported that tariffs on aircraft parts have been lifted.
“We learned last night that China has taken the decision not to tax engines or landing gear or nacelles – in other words a certain number of aerospace equipment parts.”
“It demonstrates that the situation is very fluid.”
Rolling coverage of the latest economic and financial newsXi announces plan for Chinese economy to counter impact of US trade warEuropean stock markets are rising this morning, amid hopes that China is relaxing some of its tariffs.In London, the FTSE 100 index is up 12 points or 0.13%, at 8417 points. Engineering companies are among the top risers, with aerospare manufacturers Melrose up 3.6%, and Rolls-Royce up 2%, after Safran reported that tariffs on aircraft parts have been lifted.“We learned last night that China has taken the decision not to tax engines or landing gear or nacelles – in other words a certain number of aerospace equipment parts.”“It demonstrates that the situation is very fluid.” Continue reading… Business, Trump tariffs, Tariffs, Stock markets, International Monetary Fund (IMF) Business | The Guardian
