All posts in " $16bn "

Trade war: US finalizes new batch of tariffs on $16bn of Chinese products

By ethan / August 7, 2018

Approximately $ 16 billion worth of Chinese imports will be subject to a 25 percent tariff come August 23, the US Trade Representative has announced, citing China’s ongoing “unfair trade practices.” This is the second tranche of tariffs following the July 6 levy on approximately $ 34 billion worth of Chinese goods, the USTR said. […]


Russia's richest lose $16bn in 'Black Monday' stock market bloodbath

By ethan / April 10, 2018

Some of the wealthiest Russian businessmen suffered heavy financial losses when the stock markets opened this week. The biggest losers were not just individuals and companies that were added to the US sanctions list on Friday. Read more According to Bloomberg Billionaires Index, all but one of the 27 Russian oligarchs lost billions this week. […]

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