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U.S. appeals court allows higher tariffs on imported steel products

© Reuters. FILE PHOTO: Steam rolls off a slab of steel as it rolls down the line at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, U.S., March 9, 2018. REUTERS/Aaron Josefczyk/File Photo By Jonathan Stempel (Reuters) -A U.S. federal appeals court upheld the imposition of higher tariffs on some imported steel products, reversing a lower court ruling that the Trump administration waited too long to act. Tuesday’s 3-0 decision by the U.S. Federal Circuit Court of Appeals in Washington, D.C. covers imports of steel derivatives, such as nails and fasteners, that were subjected to 25% tariffs in a January 2020 proclamation by then-President Donald Trump. Similar tariffs on other imported steel items including flat-rolled products, tubes and pipes had been imposed in 2018, after then-Commerce Secretary Wilbur Ross found that imports threatened national security by eroding demand for U.S. steel and depressing the use of domestic steel-producing capacity. Trump said the n...

Germany's Habeck optimistic EU and U.S. can reduce trade tension

© Reuters. FILE PHOTO: German Economy and Climate Minister Robert Habeck gestures as he speaks during a joint news conference with French Economy and Finance Minister Bruno Le Maire (not seen) at the Bercy Ministry in Paris, France, February 7, 2022. REUTERS/Sarah M BERLIN/WASHINGTON (Reuters) -German Economy Minister Robert Habeck expressed optimism before departing on a trip to the United States on Monday that a European Union trade dispute with Washington can be resolved soon. Many EU leaders are worried the local content requirements of $369 billion of green subsidies in the U.S. Inflation Reduction Act will encourage companies to relocate, making the United States a leader in green tech at Europe’s expense. Habeck, who is slated to meet with U.S. Treasury Secretary Janet Yellen on Tuesday along with French Finance Minister Bruno Le Maire, said the European Commission was taking the lead on the trade issue, but added, “We want to lend support. “And supporting means: in the wo...

Colombian military spots balloon-like object in its airspace

(Reuters) – A day before a U.S. military jet shot down a suspected Chinese spy balloon, Colombia’s military confirmed a sighting over its territory of an airborne object similar to a balloon. Colombia’s air force said in a brief statement on Saturday that a possible balloon had been detected in its air defense system on Friday morning. U.S. military officials on Friday said a Chinese balloon was spotted somewhere over Latin America but did not specify its location. The Colombian statement did not mention China or any other country as the balloon’s origin. According to the Colombian statement, an “object” was detected over its territory at an altitude of 55,000 feet that had entered the South American country’s airspace to the north moving at an average speed of 25 knots, or roughly 29 miles per hour. The statement added that the object exhibited “characteristics similar to those of a balloon,” and that the air force monitored it until it left Colombian airspace. “It was determ...

Value of WisdomTree’s crypto holdings fell 61.9% in Q4

United States fund manager WisdomTree saw the value of its digital asset holdings decline sharply in the fourth quarter, reflecting the prolonged bear market in ( BTC ) and other cryptocurrencies. WisdomTree’s cryptocurrency funds held $136 million worth of assets as of Dec. 31, 2022, down from $163 million at the beginning of the quarter and marking a $23 million depreciation, the company disclosed in its quarterly earnings report on Feb. 3. The funds witnessed only $4 million worth of redemptions or outflows during the quarter. Twelve months earlier, WisdomTree’s cryptocurrency portfolios held $357 million worth of assets. Continue Reading on Coin Telegraph The post Value of WisdomTree’s crypto holdings fell 61.9% in Q4 appeared first on Design One . Original post here: Value of WisdomTree’s crypto holdings fell 61.9% in Q4

The Collection Of China Crystal Decoration Glassware

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There are reasons that the hobby of collecting is a time honored pastime; the process of finding that special item that will add to - or round out - our collection is a pursuit worthy of many hours to collecting enthusiasts. The collection of china crystal decoration glassware continues to be quite a popular interest, as a variety of styles and colors inherent in china crystal make a beautiful and interesting display, as well as offering a look at different manufacturing styles throughout the generations. China crystal decoration glassware can be distinguished from traditional glassware by its lead content and weight. Ultimately, crystal glass is defined by the percentage of lead it contains. Industry standards offer a guideline pertaining to crystal lead content; those pieces that contain thirty-percent or more of lead are considered to be full lead crystal; a piece that contains less than twenty-four percent lead is considered crystal glass; any lead content in between is referred to...