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Norwegian Chief Executive Officer Bjorn Kjos said the airline might explore flights from Sao Paulo to London in the future. “That would be our next city,” Kjos said in a call with reporters. He added that the airline is not currently seeking to become a player in the domestic flight market within Brazil. Brazilian Tourism Minister Vinicius Lummertz said in September that Norwegian was interested in operating in the domestic market, which is dominated by just four airlines, Gol Linhas Aereas Inteligentes (GOLL4.SA), Latam, Azul SA (AZUL.N) and Avianca Holdings SA AVT_p.CN bow tie and cufflinks set uk sale.
Brazilian law limits foreign airlines from entering the domestic market because it bans foreign carriers from incorporating within the country and does not allow them to own more than 20 percent of local airlines bow tie and cufflinks set uk sale. Brazilian President Michel Temer, who is weeks away from leaving office, had vowed to do away with this rule but has not delivered on it. President-elect Jair Bolsonaro has not addressed the issue, though a bill allowing 100 percent ownership of Brazilian airlines by foreign investors could pass Congress before the end of the year..
BERLIN (Reuters) – European auto stocks extended losses on Tuesday after a German magazine reported that U.S. President Donald Trump could impose tariffs on imported cars from next week. Wirtschaftswoche cited “EU sources” as saying a U.S bow tie and cufflinks set uk sale. Department of Commerce investigation report was on Trump’s desk, adding: “Trump will possibly decide on tariffs as early as next week after the G20 meeting in Buenos Aires.”. It cited the sources as saying the report recommended a 25 percent customs duty on car imports from all countries except Canada and Mexico..
However, the White House has repeatedly pledged not to move forward with imposing tariffs on the European Union or Japan as long as it is making constructive progress in trade talks. The European Commission, which oversees trade policy for the 28-member European Union, declined to comment on the report in general, but did say that Wirtschaftwoche’s reference to EU Trade Commissioner Cecilia Malmstrom heading to Washington on Wednesday was not correct. Neither White House nor the U.S. Commerce Department immediately responded to a request for comment bow tie and cufflinks set uk sale.
The Commerce Department has not publicly released any findings from its investigation into whether imported autos and parts pose a national security risk. Reuters reported that the department submitted its recommendations earlier this month to the White House, which did not immediately act bow tie and cufflinks set uk sale. Trump could take weeks or month to decide. Once he makes a decision, the White House has 15 days to impose the new tariffs. European auto stocks extended losses after the report, falling 2.5 percent .SXAP. Autos stocks are down 20 percent year-to-date as fears of tariffs and slowing growth in car sales drive investors away from the sector..