NEWS

Trade

House Members: Metal Tariff Exclusions Too Slow

Business

Category: Chemicals / Metals

 A bipartisan group of 39 House members wrote to Commerce Secretary Wilbur Ross on May 7 to voice frustration that the process for excluding specific steel and aluminum products from Section 232 tariffs is slow and cumbersome. The letter reads in part: “We appreciate that, in response to Member and constituent requests, you have implemented […]

Source: US Chamber of Commerce


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Op-Ed by Amb. Aas: Norwegian and Nordic Impact in Seattle — And Elsewhere

Business

Category: Culture / Lifestyle

This month, the former Nordic Heritage Museum in Seattle dropped the middle third of its name and opened the doors to its spectacular new home. This landmark institution aims to serve as a cultural center with a focus not only on the past, but also on contemporary aspects of life — and the arts — […]

Source: WashDiplomat


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Alcoa and Rio Tinto Announce World’s First Carbon-Free Aluminum Smelting Process

Business

Category: Chemicals / Metals

Alcoa Corporation (NYSE: AA) and Rio Tinto (NYSE: RIO) today announced a revolutionary process to make aluminum that produces oxygen and eliminates all direct greenhouse gas emissions from the traditional smelting process. Executives of Alcoa, Rio Tinto and Apple were joined by Canadian Prime Minister Justin Trudeau and Premier of Québec Philippe Couillard for the […]

Source: Alcoa


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Norway Sticks to Tightening Plan as Rate Held at Record Low

Business

Category: Accounting / Financial

Norway’s central bank kept its signal intact to start raising interest rates in the second half of this year, undeterred by a cooling economic recovery in western Europe’s biggest oil producer. In an interim decision on Thursday, Norges Bank, as anticipated, held its key rate at 0.5 percent. The bank reiterated its message from March that […]

Source: Bloomberg


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European AmChams Unite for Annual US Conference

Category: AmCham News

Managing Director Jason Turflinger joined 32 fellow European AmCham executives in the US from 16-20 April. The annual conference began with two days in the nation’s capital before transferring to this year’s second city, Chicago. The Washington DC agenda started with the Transatlantic Business Works Summit, hosted by the US Chamber of Commerce. The conference […]

Source: AmCham


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