On Saturday, tens of thousands of anti-Brexit protesters marched in London to demand a new referendum on leaving the EU. The survey confirmed that a Free Trade Agreement with the United Kingdom is more popular within the EU27 business community than a Customs Union, with 67 per cent of respondents deeming a FTA as being important to their business, versus 45% for the Customs Union.
Trump said this while defending his recent decision to impose tariffs on the import of foreign products. Taxes that the European Union has slapped on its bikes in reaction to Trump's steel and aluminum levies will cost the company as much as US$100 million (RM402 million) a year.
President Donald Trump's trade policies have put Harley-Davidson in the crosshairs. Trump also warned Harley that the company would be heavily taxed if it tried to import goods from its European production centers back to the US, though there is no indication that the vehicles it produces there would be sold anywhere but on the continent.
ICE August Brent lagged slightly, settling $2.50 higher at $75.55/b. The premium of Brent crude over US futures narrowed to around $5.21 a barrel on Monday, down from almost $10 a week ago, thanks to the steep drop in the premium of USA coastal grades over the West Texas Intermediate benchmark price.
Despite this, Iranian President Hassan Rouhani on Tuesday blamed the United States for the Islamic Republic's economic woes in a speech televised on state-run TV and said Iran is in a "fight" with the US, suggesting America is trying to damage the country by creating "an economic war".
Germany has accepted 1.6 million Syrians and other migrants since 2014. In Germany, Europe's leading economy and most powerful nation, Chancellor Angela Merkel differs sharply with her Interior Minister, Horst Seehofer, on the latter's call to block migrants already registered in another European Union country from entering Germany.