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March 12, 2018
Reuters News Now
Highlights
The battle over steel and aluminum tariffsunderscores the complexity of trade disputes, which often pit America’s love of cheap imports against its desire to protect blue-collar jobs. Metal Box International should be reaping the benefits of a little-known trade war over toolboxes - but, as the latest story in the Trump Effect series reveals, the winners and losers aren’t always clear.
A temporary exemption from U.S. tariffsis little comfort to the Canadian steel city of Hamilton, coping with months of uncertainty as Trump has threatened a potentially devastating 25 percent duty unless the North American Free Trade Agreement is renegotiated.
Commentary:Critics of Trump's decision to meet with North Korea's Kim Jong Un are wrong, writes State Department veteran Peter Van Buren. Claims that the State Department has no Korea experts, that Pyongyang isn't serious and that Trump is giving away "the big prize" by starting with a summit "are easily dispelled." Diplomacy "means the messy business of meeting with your adversaries, not ignoring them."
world
A bag of rice on a hungry family’s kitchen tablecould be the key to Nicolas Maduro retaining the support of poor Venezuelans in May’s presidential election. For millions of Venezuelans suffering an unprecedented economic crisis, a monthly handout of a box of heavily-subsidized basic food supplies by Maduro’s unpopular government has offered a tenuous lifeline in their once-prosperous OPEC nation.
Taking a page from its aggressive growth strategy in the United States, cash-rich Canadian fertilizer giant Nutrien plans to plow investment into Brazil in a bid to reap up to 30 percent of farm supply sales in fertile pockets of the country.
U.S. chemicals producer DowDuPont Inc said its Executive Chairman Andrew Liveris will step down on April 1 and named Jim Fitterling as the chief executive of Dow upon the completion of the spinoff of its materials science unit.
Data-sharing business Dropbox filed for an initial public offering of 36 million shares, giving the company a value of more than $7 billion at the higher end of the range.
