Wall Street accumulated earnings Despite living one of the most turbulent weeks remembered in the bag, marked by the tariff climb between the US and China within the Commercial War Started by President Donald Trump.
This Friday’s session ended with advances around 2 % in the main indicators, and in the calculation of the last five days the Technological Nasdaq accumulates a 7 %rise, while the S&P 500 progresses almost 6 % and Dow Jones A notable 5 %.
China The 125 % rose this Friday duty Regarding all the assets of the United States as a culmination to the exchange of commercial affronts between both governments, but the markets were encouraged to Trump’s “optimism” on an agreement with Beijing.
MERCOSUR closes with agreement on duty
The foreign ministers MERCOSUR They agreed on Friday in Buenos Aires to expand the product lists in which each country in the block can make exceptions to the common external tariff that applies the Customs Union to Imports.
According to a joint statement, the ministers “agreed on the importance of dealing with the challenges presented by the current international context” of the global commercial war and, “in that context, agreed on the need to temporarily expand the National List of Exceptions to the Common External Tariff of each state part ».
The trade of the block founded in 1991 by Argentina, Brazil, Paraguay and Uruguay It is governed by a common external tariff (AEC), with aliquots ranging from 0 to 35 %, but each member of Mercosur has a national list of exceptions (LNE) to the AEC in a limited amount of products that can change every six months, prior notification to its partners.
At the moment, Argentina and Brazil can incorporate up to 100 codes In their respective LNE, while Uruguay can have up to 225 products and Paraguay, 649.
