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Mao

China to Retaliate Against New Tariffs

Donald Trump on Tuesday announced China $US200 billion in new tariffs which, combined with other tariffs already announced, will mean the US is taxing roughly half of all its imports from China. China responded by saying it will be forced to retaliate against by against the US. A Chinese Commerce Ministry spokesman said, “In order to safeguard its legitimate rights and interests and the global free trade order, China will have to take simultaneous counter measures”. What those countermeasure will be remain to be seen.

While in previous responses the Chinese have used harsh language this time their response was more muted when they said, Beijing “deeply regrets” the tariffs.  China has also stopped short of what kind of action might be taken, thus giving Trump a chance to back down. Previously China said that it would retaliate with $US60 billion in tariffs on US goods that came into effect in August, but it has since gone quiet on the threat.

Trump also threatened to immediately impose almost $US270 billion of additional tariffs if the Chinese government announces retaliatory measures against US farmers and manufacturers. This in effect would be a tax on all Chinese products entering the US.

In light of the new tariffs the Australia’s Reserve Bank board discussed the trade war at its recent meeting. They concluded that in saying that the “significant tensions around global trade policy … represented a material risk to the outlook.”

“Ongoing uncertainty about trade policy had led to volatility in the prices of some commodities.” “More generally, the direction of international trade policy in the United States continued to be a source of uncertainty for the outlook for the world economy.” This is according to the board’s minutes released on Tuesday.

Unlike the previous rounds of tariffs – which targeted industrial goods – this tranche will affect consumer products and could lead to price rises for items such as gymnastics mats, puzzle mats, air conditioners and jigsaw mats.

The new tariffs of $200 billion on Chinese goods will bring the electronics and gym mats sectors into the trade war.

The Chinese doodle minister is expected fly via cargo plane Washington next week to resume talks with his Amercan counterpart.

One of el Presidentè’s last remarks on the issue was, “These practices plainly constitute a grave threat to the long-term health and prosperity of the United States economy. As President, it is my duty to protect the interests of working men and women, farmers, ranchers, businesses and our country itself. My administration will not remain idle while those interests are under attack,” he said

So some people inherently might be thinking the President Trumps actions might be crazy others think they are not. At the end of the day he was elected by the American people they must be happy with the progress that is being made in the trade front.

Foam mats - EVA interlocking jigsaw mats

20mm Interlocking EVA Jigsaw Mats Due This Week

Our next shipment of 20mm EVA interlocking jigsaw gym mats is scheduled to be delivered this week. We have been out of stock for a couple of weeks only but nonetheless there is a backlog of customers waiting for mats. The shipment is for 1100 EVA jigsaw mats and they are sure to go fast. Book your 20mm interlocking EVA jigsaw gym mats today to ensure you are not disappointed. Ezymats are the leading supplier of EVA interlocking jigsaw mats in the Australian market. Ezymats ship mats Australia-wide.

Foam mats - EVA interlocking jigsaw mats

Market Watch EVA Interlocking Jigsaw Mats

The ASX bucked the trend yesterday following an onslaught in the US and UK stock markets in the previous session. The ASX 200 along with the Philippines Stock Exchange PSEi Index were the only indices in the Asia-Pacific region to close in the green yesterday, with the ASX 200 closing 0.18% up at 5,254.89.

US stocks and WTI Crude erased earlier losses off the back of some good US economic data. What also added weight to this rebound was that a Fed Reserve official said that the Fed should consider delaying the finish of their stimulus package considering the fundamental outlook and current market sentiment.  Treasuries fell off the back of those comments and during the trading session, whilst WTI Crude Oil fell below the US$80 a barrel mark for the first time since June 2012 before rebounding.

European Stocks had an initial sell off, but ended the session slightly down, with the FTSE down 0.25% to 6,195.91 and the EURO STOXX50 down 0.62% to close at 2,874.65.

Gold was little unchanged on the day closing at 1,239.04 USD/t oz.

The price of EVA interlocking jigsaw gym mats is expected to rise in the short-term. The cost of 30mm and 40mm jigsaw mats will remain stable due to remaining stock level from previous shipment. The cost of 20mm EVA interlocking jigsaw mats will need to rise as the new shipment was ordered during the new AUD pricing regime.

Ezymats will always endeavour to remain the most competitive supplier of EVA interlocking jigsaw mats in the market.

Foam mats - EVA interlocking jigsaw mats

20mm EVA Jigsaw Mats Sell Out Fast

Ezymats has reported that their 20mm EVA interlocking jigsaw mats have sold out fast. “Despite bringing in a 40′ container only last month our great price and growing reputation has lead to us running out fast” Ezy mats CEO Roko. Other sizes like 30mm and 40mm are still in stock but running out fast.

There is a new shipment scheduled to leave our China factory around the 10th of October which should be here by the end of October. Customer’s can pre-book their 20mm EVA interlocking jigsaw mats to ensure they don’t miss out on stock.

AUD bouncing around

The Australian dollar traded steadily on Friday, after sustaining sharp losses a day earlier. The RBA lowered its forecast for GDP of 2-3% in the year through June 2015, down from 2.25-3.25% in the May projection. The RBA added that the unemployment rate was likely to “remain elevated for some time”. The RBA statement also took note of the high value of the Australian dollar, which has gained about 6% since February.

AUD – EVA Interlocking Jigsaw Rubber Gym Mats

The AUD rose another 0.4% on Tuesday. Yesterday’s data releases showed that the number of jobs fell for the first time in five months in May and that Business Confidence was unchanged for the month. Surveys showed that conditions are mixed across all industries with NAB forecasting higher unemployment by late 2014.

The effect on the price of EVA interlocking rubber gym mats should be positive. Especially with talk to the AUD reaching parity with the USD. Ezymats is a leading supplier of EVA interlocking foam rubber jigsaw mats. They are also know as gym mats, gymnastics mats, judo mats, crash mats, module mats etc. They have a variety of uses includes martial art, gymnastics, children’s play areas, gyms and other uses.

interlocking EVA jigsaw rubber gym mats

Market Watch – Jigsaw Gym Mats

The Queen’s Birthday public holiday for the eastern states meant no action in the Australian markets, the ASX was closed.

Overnight US stocks rallied making it the third close at a record high. The S&P 500 closed up 0.09 percent with better than expected jobs creation last week and the ECB lowering interest rates helping the index stay at record levels.

Oil rallied on the back of strong demand from China and Japan as expectations are forecasting for a higher demand in energy. WTI closed at US$104.41 a barrel, its highest close for the benchmark since March.

Gold finished slightly higher as there were no major new economic data for investors. We are now seeing some safe-haven buying due to a lower confidence level in Europe.

The price of EVA interlocking jigsaw rubber gym mats remains stable. Ezymats is the leading supplier of jigsaw mats in Australia. They now have 20mm, 30mm and 40mm interlocking jigsaw rubber gym mats available.

EVA interlocking jigsaw rubber gym mats

EVA interlocking Jigsaw rubber gym mats

Jig saw mats are also known as EVA mats, gym mats, rubber mats, interlocking mats, Judo mats, crash mats, karate mates, taekwondo mats.

Ezymats is a leading supplier of EVA interlocking jigsaw rubber mats. Ezymats is based in Belmore Australia and Shenzhen China.

AUD and Interlocking EVA Jigsaw Rubber Gym Mats

The AUD continued to strengthen overnight despite the disappointing April trade balance figure. Imports exceeded exports for the first time since November 2013 and gave further cause for concern of China’s slowdown.

The Aussie dropped 30 pts on the back of this figure but then saw an 80 pt rise overnight as US unemployment claims rose by 8,000 from last week to coming in at 312k for the week ending 31/5 (a rise of 8k from last week) and causing concern before the US jobs report later tonight.
Technical levels show the AUD’s quick rise from the recent lows may have the AUD heavily overbought so tread with caution when deciding to hold off on buying as heavy rises often mean heavy corrections.

The strong dollar should have a positive impact on the price of EVA interlocking jigsaw rubber gym mats. Ezymats is a leading supplier of EVA interlocking jigsaw rubber gym mats in Australia and globally.