10 Aug

Calling all interior designers architectures and

first_imgCalling all interior designers, architectures and amateur home decorators: Swiss textile manufacturer Création Baumann brought its eco-friendly products stateside, opening a showroom in the heralded D&D Building in New York.Known for its green and sustainable products, Création Baumann has worked with interior designers in Europe for four generations. The company holds multiple certifications for their eco-friendly fabrics. According to CEO Philippe Baumann, the increased demand for such products in the U.S., especially New York, makes the opening timely and investment worthy.“We wish to achieve greater visibility of our brand,” Baumann said in a press release. “We have been waiting for the right space to become available in the D&D building for years now. Finally we can present our products to New York.”Création Baumann is located in the D&D Building, home to more than 120 showrooms for more than 3,000 manufacturers of fabrics, contemporary furniture, lighting, custom items, and more. The 1,400-square foot space showcases the Création Baumann and Livng Line products. Thanks to oversized windows, clients will be able to view the fabrics in an abundance of natural light. An avant-garde hanging system presents more than 400 inventive designs in a myriad of colors – a source of inspiration to designers and staff alike.“Direct distribution will help Création Baumann establish itself as an innovative solution provider in the highly competitive United States market,” Baumann said, furthering explaining that the textile company can meet any demand for eco-friendly fabrics. “We wish to grow in the United States and therefore decided to take this step.”www.creationbaumann.comlast_img read more

24 Jul

Trump announces tariffs on Mexico until immigration remedied

first_imgWas this helpful? Topics US economy Read more US politics Lauren Gambino in Washington, David Agren in Mexico City and agencies Fri 31 May 2019 05.34 EDT First published on Thu 30 May 2019 21.01 EDT Share on Pinterest Share on Twitter Thank you for your feedback. Share via Email … we have a small favour to ask. The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. news Markets shaken as Trump announces shock Mexico tariffs – as it happened This article is more than 1 month old With investors afraid that increasing trade friction could hurt the global economy, the Mexican peso, US stock index futures and Asian stock markets tumbled, including the shares of Japanese carmakers who export from Mexico to the US.It raised the risk of devastating economic relations with the biggest US trade partner for goods. Mexico, which relies heavily on cross-border trade, rose to that ranking as a result of Trump’s trade war with China. Rufus Yerxa, the president of the National Foreign Trade Council, which represents the largest US exporters, told the New York Times the move was “a colossal blunder”. Trump administration Share on Twitter Mexico’s leftwing president, Andrés Manuel López Obrador, commonly called “Amlo”, responded to Trump with a two-page letter in which he wrote: “The Statue of Liberty is not an empty symbol … With all due respect, even though you have the right to say it, ‘make America great again’ is a fallacy because, until the end of times, and beyond national borders, universal justice and fraternity should prevail.”López Obrador offered his US counterpart history lessons on past periods of cordial US-Mexico relations. He also included details of his plans to develop Central America to stop migration and warned: “I don’t lack courage, I’m not a coward nor timid, rather, I act on principles.”Trump has accused the Mexican government of failing to do enough to crack down on the number of migrants entering the US in search of asylum from Central American countries including El Salvador, Honduras and Guatemala. This article is more than 1 month old Economics Mexico Donald Trump has announced that he is placing a 5% tariff on all Mexican imports to pressure the country to do more to curb immigration into the US, in a surprise move that has rattled markets.The US president said the tariff would gradually increase “until the illegal immigration problem is remedied”. He made the announcement via Twitter after telling reporters earlier on Thursday he was planning “a major statement” that would be his “biggest” so far about the border.center_img Share on Messenger The latest major Trump resignations and firings Since you’re here… Trump administration Support The Guardian Donald Trump Trump announces tariffs on Mexico until ‘immigration remedied’ Hide Tariffs are border taxes charged on foreign imports. Importers pay them upon entry to the customs agency of the country or bloc imposing them.Tariffs can be levied in different ways. It can be a flat-rate tariff linked to weight, or calculated as a proportion of the overall value of the goods. It can also be a mixture of both. A country can set a quota, enabling a certain volume of a product to flow in before a higher tariff rate kicks in.Tariffs raise money for governments, but are primarily used to raise the price of foreign goods, protecting domestic producers from global competition.Countries signed up to the World Trade Organization (WTO) must impose tariffs at the same level for all other WTO-member trading partners under the organisation’s “most favoured nation” rule – unless they secure alternative deals with particular countries or trading blocs.Richard Partington Q&A What is a tariff? López Obrador, however, was blunt about the crisis: “President Trump, social problems aren’t resolved with taxes or coercive measures,” he said, defending his administration’s handling of the migration issue.Thousands of people remain stranded in the southern Mexican state of Chiapas, unable to obtain immigration documents, while asylum seekers must wait in northern Mexican border cities as their cases are heard in US courts. Trumps said the US would impose the 5% tariff from 10 June, and it would rise steadily to 25% until illegal immigration across the southern border was stopped. If implemented, the measures are bound to trigger retaliation that would hit Trump-supporting farming and industrial states.In Beijing, the foreign ministry spokesman, Geng Shuang, expressed sympathy for Mexico. “The United States has repeatedly taken trade bullying action. China is not the only victim,” Geng told reporters.The White House said Trump would use the International Emergency Economic Powers Act to implement the tariffs. “If the illegal migration crisis is alleviated through effective actions taken by Mexico, to be determined in our sole discretion and judgment, the tariffs will be removed,” the White House said.Trump’s announcement comes as the administration pushes for the passage of the US-Mexico-Canada Agreement, which would update the North American Free Trade Agreement.The White House chief of staff, Mick Mulvaney, insisted on Thursday that imposing tariffs on Mexican imports would not interfere with the continuing negotiations over a trade deal. “The two are absolutely not linked,” he told reporters.Asked about the impact of the tariffs on the economy, Mulvaney said illegal immigration was “already impacting the economy negatively”.In the biggest migration surge on the US-Mexican border in a decade, US officials say 80,000 people are being held in custody and an average of 4,500 mostly Central American migrants arriving daily, overwhelming the ability of border patrol officials to handle the numbers.Mulvaney said the White House briefed Republican members of Congress before the plan was announced and that lawmakers were generally supportive. But Trump’s aggressive trade policies have divided Republicans and sparked fears for the US and global economy.During a visit to Canada on Thursday, the vice-president, Mike Pence, vowed the trade deal would be passed this year.Asked by reporters about the new tariff, Pence said both Mexico and Congress needed to do more and that Trump was determined to use his authority to call on them to do so.Reuters contributed to this report Reuse this content Share on Facebook Show Share via Email Read more US to place 5% tariff on goods as Mexico president says ‘social problems aren’t resolved with taxes’ Share on Facebook Share on LinkedIn Donald Trump visits a new section of the border wall with Mexico in Calexico, California, in April.Photograph: Jacquelyn Martin/AP Share on WhatsApp Shares804804 Americaslast_img read more