Tag: HSBC North America

• Tuesday, March 6th 2018 - 10:00 UTC

  Trump speaks openly of a “trade war”; links tariffs on steel and aluminum to a redrafted Nafta

  

  U.S. President Donald Trump said on Monday the U.S. is not backing down on its decision to impose 25% tariffs on steel imports and 10% tariffs on imported aluminum products. Before a White House meeting with Israeli Prime Minister Benjamin Netanyahu, Trump suggested Mexico and Canada could be exempted from the planned tariffs if a new and “fair” North American Free Trade Agreement (NAFTA) is reached.

• Tuesday, September 16th 2014 - 05:50 UTC

  HSBC reached 550m agreement with US banking regulators

  

  HSBC Holdings will pay 550 million dollars to resolve a US regulator's claims that the British bank made false representations in selling mortgage bonds to the federal mortgage companies Fannie Mae and Freddie Mac before the financial crisis.