Technology Policy

Private equity group KKR trumped by rival bidders in Spectris and Assura deals

时间:2010-12-5 17:23:32  作者:Technology   来源:Politics  查看:  评论:0
内容摘要:"This looks horrible from our perspective. We don't like it one bit," says Rex Stults, vice-president of industry relations at Napa Valley Vintners, which represents 540 wineries in the sunny slopes of California's most famous wine region.

"This looks horrible from our perspective. We don't like it one bit," says Rex Stults, vice-president of industry relations at Napa Valley Vintners, which represents 540 wineries in the sunny slopes of California's most famous wine region.

And the biggest source of tariff revenue for the US in the period was from tariffs imposed on China dating back to Trump's first term in office, which raised $23.4bn (£17.3bn). These are also not affected by the court ruling, as they were not justified by IEEPA.However, this is a backward looking picture - and the new tariffs were expected to raise considerably more revenue over a full financial year.

Private equity group KKR trumped by rival bidders in Spectris and Assura deals

Analysts at the investment bank Goldman Sachs have estimated that the tariffs the trade court has struck down were likely to have raisedIn terms of the overall impact on Donald Trump's tariff agenda, the consultancy Capital Economics estimates the court ruling would reduce the US's average external tariff this year from 15% to 6.5%.This would still be a considerable increase on the 2.5% level of 2024 and would be the highest since 1970.

Private equity group KKR trumped by rival bidders in Spectris and Assura deals

Yet 15% would have been the highest since the late 1930s.Trump had been using his tariffs as negotiating leverage in talks with countries hit by his 2 April tariffs.

Private equity group KKR trumped by rival bidders in Spectris and Assura deals

Some analysts believe this trade court ruling will mean countries will now be less likely to rush to secure deals with the US.

The European Union (EU)Almost 40 years on, it seems surprising there are still new stories to tell about the Lockerbie disaster.

The destruction of Pan Am 103 in the skies above the small Dumfries and Galloway town on 21 December 1988 is one of the most chronicled events in recent British history.A bomb exploded in the plane's cargo hold, causing the Boeing 747 to break up at 31,000ft as it flew from Heathrow to New York.

All 259 passengers and crew on board were killed, along with 11 people in Lockerbie who died when the plane fell on their homes. It remains the biggest terror attack to have taken place on British soil.Coverage tends to focus on anniversaries, but the past six months have brought two big-budget television dramas and later this year a play about the town's response to the disaster will debut at Glasgow's Citizens Theatre.

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