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First round of US tariffs on Chinese goods to hit $50 bn Aug 23: USTR

Washington - The first round of President Donald Trump's punitive tariffs on China will hit the full $50 billion in goods starting August 23, the government announced Tuesday.

First round of US tariffs on Chinese goods to hit $50 bn Aug 23: USTR

Washington - The first round of President Donald Trump's 25 percent punitive tariffs on China will hit $50 billion in goods starting August 23, the government announced Tuesday.Washington already imposed tariffs on $34 billion in Chinese products on July 6.

White House says Chinese tariff threat 'weak', economy 'lousy'

Washington - Top White House economic adviser Larry Kudlow on Friday ridiculed China's threat of $60 billion of retaliatory tariffs as "weak" and said the world's second-largest economy was in "trouble.

US to respond to concerns over trade policy at G20: official

Washington - US Treasury Secretary Steven Mnuchin will have the opportunity to address concerns about Washington's trade policies during a meeting of the world's leading finance ministers this weekend, a senior Treasury official said Tuesday.

US farmers caught in trade war with China

Terry Davidson expects to be farming long after the US-China trade tariffs that took effect Friday become a distant memory.

US, China fire first shots in 'largest trade war in economic history'

Washington - The US and China on Friday launched tit-for-tat tariffs on each other's imports, the opening shots in what Beijing called "the largest trade war in economic history" between the world's top two economies.

Trade Wars: Trump loads decisive volley against China

Washington - Steep American tariffs on Chinese goods worth tens of billions of dollars are due to take effect at midnight Thursday, as US President Donald Trump fires the decisive salvo in a trade war between the world's top two economies.

Trade Wars: Trump loads first volley against China

Washington - Steep American tariffs on Chinese goods worth tens of billions of dollars are due to take effect when the clock strikes twelve on Thursday night, as US President Donald Trump fires the first salvo in a trade war between the world's top two economies.

European car shares skid after Trump tariff threat

Paris - Shares in European Union car manufacturers fell on Friday after US President Donald Trump threatened to impose a 20 percent tariff on cars imported from the bloc, traders said. Fiat Chrysler shares lost more than three percent in Milan.

Europe fears trade dispute escalation as US weighs auto tariffs

Frankfurt Am Main - The European Union and German automakers reacted with dismay Thursday after the US said tariffs on car imports could be on the horizon, potentially opening a new front in a burgeoning transatlantic trade conflict.

Volkswagen rejects 'protectionism' after US car tariff threat

Frankfurt Am Main - Car behemoth Volkswagen warned Thursday against "one-sided protectionism" after the United States said it was considering new taxes on auto imports in the name of national security."One-sided protectionism has never helped anyone in the long term.

Japan hits back as US mulls auto tariffs

Apo - Japan's trade minister on Thursday pushed back against Washington for considering possible tariffs on automobile imports, a major driver of the Japanese economy.

Trump administration weighs slapping tariffs on auto imports

Washington - The US Commerce Department said Wednesday it launched an inquiry that could allow the Trump administration to impose tariffs on auto imports over national security concerns.

India launches WTO challenge over US steel, aluminium tariffs

Geneva - India has opened a World Trade Organization challenge against the steel and aluminium tariffs imposed by the United States, a document circulated to WTO members on Wednesday said.

Trump says China 'spoiled' by trade wins over US

Washington - China is "very spoiled" by trade wins over America, US President Donald Trump said late Friday, as a top business delegation headed back to America after high-stakes talks with Beijing.

China unveils list of potential retaliatory tariffs on US goods

Bejing - China released Friday a list of potential tariffs on $3 billion worth of US goods, from pork to fruits and wine, that it could impose in retaliation to new US trade sanctions.

US 'will fail if it tries to split Europe': Germany

Frankfurt Am Main - US President Donald Trump "will not succeed" in dividing European nations against one another over trade, German Economy Minister Peter Altmaier warned Sunday ahead of a visit to Washington.

Does Europe unfairly tax US imports? A detailed look

Washington - US President Donald Trump claims American exports face unfair duties when they reach European shores. But are they truly at a disadvantage?

Trump steps up trade threats as Cohn resigns in protest

Washington - White House economic advisor Gary Cohn became the latest casualty of President Donald Trump's tumultuous administration,resigning in protest Tuesday as Trump stepped up his threats of steep tariffs on steel, aluminum and European cars.

Germany warns protectionism is 'wrong path' for US

Frankfurt Am Main - The German government warned Monday that a transatlantic trade war would harm both Europe and the US, urging Washington not to take a "wrong path" after a weekend of aggressive rhetoric.

Trump says 'trade wars are good and easy to win'

Washington - President Donald Trump spoke out defiantly Friday against global criticism of his plan to impose tariffs on steel and aluminum imports, seeming to welcome the idea of a trade war.

Trump tariffs fuel sell-off in steel and aluminium firms

Hong Kong - Steel and aluminium producers across Asia sank Friday on news of Donald Trump's controversial tariffs, though some analysts said the long-term effects on the sector might not be as bad as thought.

Trump defiant as tariffs spark global anger, stock market plunges

Washington - US President Donald Trump spoke out defiantly Friday in the face of global criticism of his plan to impose tariffs on steel and aluminum imports, claiming trade wars are "easy to win".

Trump to hit China, Europe with steep steel, aluminum tariffs

Washington - Despite fierce opposition from inside the White House, US President Donald Trump announced punishing steel and aluminum tariffs Thursday, teeing up a possible trade war with China and Europe.

EU Agrees to Cut Tariffs on Banana Imports from Latin America

A 15-year-long dispute at the World Trade Organization (WTO) was finally brought to an end in Geneva on Tuesday with the signing of a deal which will see tariffs cut on bananas imported in to the EU from countries in Latin America.
 

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