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Tariffs News

Canada aims to ratify trade deal after lifting of tariffs

Ottawa - Ottawa plans to proceed "full steam ahead" on ratification of a free trade agreement with the US and Mexico, Canada's foreign affairs minister said Saturday, after the neighbors scrapped reciprocal tariffs on steel and aluminum imports.

Trump lifts steel, aluminum tariffs on Canada, Mexico

Washington - President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement.

US nears metal tariffs deal with Canada, Mexico: official

Washington - US Treasury Secretary Steven Mnuchin said Wednesday that Washington was close to resolving its differences with Mexico and Canada over steel and aluminum tariffs that have created friction among the trading partners.

US nears metal tariffs deal with Canada, Mexico: official

Washington - The United States is close to resolving its differences with Mexico and Canada over metal tariffs, US Treasury Steven Mnuchin said Wednesday.

Trump defends tariffs after advisor says 'both sides' suffer

Washington - US President Donald Trump on Sunday defended his tariff policy, insisting again that China will pay billions in duties to the US, after Trump's economic advisor raised eyebrows by saying both sides will suffer.

China outlines three disagreements in US trade talks

Bejing - China's top trade negotiator said more talks will be held with the United States as he revealed what Beijing considers the three main differences keeping the two sides from reaching a deal.

Trump orders tariff hike on remaining Chinese imports

Washington - US President Donald Trump cranked up the heat in a trade battle with China on Friday, ordering a tariff hike on almost all remaining imports from the world's second-biggest economy, but Beijing said talks would continue to resolve the row.

US officials says China trade talks 'constructive'

Washington - Talks to end a worrisome US-China trade battle were "constructive," US Treasury Secretary Steven Mnuchin said Friday, a sign of hope that Washington and Beijing could seal a deal to avert damage to the global economy.

China warns it 'won't capitulate' as US trade talks loom

Washington - China rejected US accusations of backtracking in trade talks and warned it would not "capitulate to any pressure" as the two sides head into make-or-break negotiations on Thursday.

New study says Trump's tariffs aren't hurting Europe much

President Donald Trump's trade policies have so far had a mild impact on countries across the Atlantic even as they have cast a cloud of uncertainty over global growth.

Trump says US, China trade talks to be 'successful'

Washington - US President Donald Trump on Wednesday held out hope the current trade talks with China will be a success, and said an announcement on the status was due "shortly.

Trump gives US-China trade talks another four weeks

Washington - President Donald Trump on Thursday said the United States and China were a month from a potentially "epic" trade agreement.

Tariffs cause U.S. solar jobs to fall for second year in a row

In 2018, the U.S. solar industry lost jobs for the second year in a row, according to numbers reported by the nonprofit Solar Foundation on Tuesday.

US officials consider lifting China tariffs: report

Washington - US officials have considered lifting tariffs on Chinese imports to calm volatile stock markets and encourage Beijing to make concessions in current trade talks, The Wall Street Journal reported Thursday.

GM closures — Blame continued decline in U.S. car sales, tariffs

General Motors' stunning announcement on Monday that it plans to close up to five assembly plants in North America and slash its workforce angered President Trump, who views the U.S. economy as a reflection of his presidency.

GM offering buyouts to 18,000 salaried employees in N.A.

General Motors will attempt to cut costs by offering buyouts to about 18,000 white-collar workers in North America. The offer was announced on Wednesday and is focused on salaried workers with 12 or more years of service.

US, EU, Japan jointly denounce unfair trade

New York - Washington, Tokyo and Brussels said Tuesday they were making common cause against unfair trade, jointly denouncing industrial practices long pinned on China but refraining from naming that country explicitly.

Trump's tariffs on $200 bn of Chinese imports kick in

Washington - Donald Trump's threatened tariffs on another $200 billion of Chinese imports took effect on Monday, escalating a trade war between the world's top two economies that is clouding the global outlook.

China announces tariffs of 10 percent on 5,000 U.S. items

Beijing - It is turning into a tit-for-tat game as China announced on Tuesday it will impose additional tariffs on U.S. products worth 60 billion U.S. dollars starting Sept. 24 in response to the newly announced U.S. tariffs on Chinese goods.

Apple escapes China tariff hit for now, but threats loom

Washington - The latest round of tariffs that US President Donald Trump has imposed on China appeared to largely spare Apple and other consumer electronics makers but they face increasing threats from the deepening trade war between the two economic giants.

Trump accuses China of election meddling in trade war

Washington - US President Donald Trump on Tuesday accused China of seeking to influence knife-edge midterm congressional elections, by taking aim at his political support base in the economic giants' rapidly escalating trade war.

Trump poised to make major China trade announcement

Washington - US President Donald Trump was poised to ratchet up his trade dispute with China, with a major announcement promised later Monday that could see hundreds of billions in goods subjected to fresh import duties.

US to impose tariffs on $200 bn in Chinese goods: reports

Washington - US President Donald Trump has decided to impose tariffs on $200 billion in Chinese imports and could make the announcement in the coming days, US media reported.

Ford Motors: Trump is wrong about making the Focus in the U.S.

Washington - Ford Motor Co. had a quick and firm response Sunday to a Tweet by President Donald Trump that tariffs on Chinese goods would force the automaker to build its Focus Active crossover in the U.S.

Ford Focus may not be the last casualty of Trump trade war

Ford has announced that it’s abandoning plans to sell the Focus Active — which the company makes in China — in the United States because of tariffs imposed by the Trump administration.

China ditches cheap U.S. coal for domestic supply as tariffs loom

China and the U.S. resumed trade talks this week, the same week new tariffs on each other's goods are set to take effect. Some Chinese coal traders are already preparing to source coal supplies domestically - shutting out US coal imports.

As Trump promotes his tariffs, companies are laying off workers

The ongoing trade war President Donald Trump has waged against world powers, including some of our closest allies, doesn't show signs of slowing down, forcing many U.S. companies to make some hard decisions about where to cut costs.

Trump threatens to raise tariffs on Chinese goods to 25%, up from 10%

Washington - The United States may jack up the tariff rate on the next $200 billion in Chinese imports it plans to target as it pressures Beijing to reform its trade practices, US officials said Wednesday.

US may raise tariffs on $200 billion in Chinese goods to 25%: officials

Washington - The United States may jack up the tariff rate on the next $200 billion in Chinese imports it plans to target as it pressures Beijing to reform its trade practices, US officials said Wednesday.

Auto industry pleads against new Trump tariffs

Washington - The auto industry pleaded Thursday with US President Donald Trump's administration to reject tariffs on vehicle imports, which they say could cripple domestic manufacturing and cause job losses.
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Vehicles made in Canada in 2015
Vehicles made in Canada in 2015
Government of Canada
Samsung front-loading washer.
Samsung front-loading washer.
Samsung
Untitled
Google Finance
Automobiles waiting to be shipped.
Automobiles waiting to be shipped.
CIMC-TCC1 (CC BY-SA 3.0)
Untitled
SunPower
President Andrés Manuel López Obrador of Mexico. Image - Emiliano Zapata
President Andrés Manuel López Obrador of Mexico. Image - Emiliano Zapata
Andres Manuel Lopez Obrador
 Tenaris is a global manufacturer and supplier of steel pipes and related services  primarily for th...
"Tenaris is a global manufacturer and supplier of steel pipes and related services, primarily for the energy industry with nearly 21,750 employees around the world.: —Wikipedia
Teranis
Taskmaster is even looking to Mexico to build a factory.
Taskmaster is even looking to Mexico to build a factory.
Teskmaster Components
Whirlpool holds a 36 percent market share in washers in the U.S.
Whirlpool holds a 36 percent market share in washers in the U.S.
Whirlpool
Rep. Jacky Rosen on Thursday  April 19  2018  filed a bipartisan bill that would repeal the Trump ad...
Rep. Jacky Rosen on Thursday, April 19, 2018, filed a bipartisan bill that would repeal the Trump administration’s tariffs on solar panels. (NV Energy)Rep. Jacky Rosen on Thursday, April 19, 2018, filed a bipartisan bill that would repeal the Trump administration’s tariffs on solar panels.
Nevada Energy
Solar World  a German company in the U.S.  along with Suniva  a Chinese-owned company  brought their...
Solar World, a German company in the U.S., along with Suniva, a Chinese-owned company, brought their case before the ITC.
Solar World
 Either consumers will pay more  suppliers will receive less  retail margins will be lower  or consu...
"Either consumers will pay more, suppliers will receive less, retail margins will be lower, or consumers will buy fewer products or forego purchases altogether," Walmart said.
Daniel Christensen (CC BY-SA 3.0)
First Solar is developing a road map to drastically increase its production capacity.
First Solar is developing a road map to drastically increase its production capacity.
First Solar
Straws are just one of the many products made by Fuling Global.
Straws are just one of the many products made by Fuling Global.
Fuling Global Inc.
The Distilled Spirits Council cautioned last year that potential tariffs could be detrimental to the...
The Distilled Spirits Council cautioned last year that potential tariffs could be detrimental to the booming U.S. whiskey industry, an iconic American product with exports nearing $1 billion a year.
Aneil Lutchman
LG Electronics washers
LG Electronics washers
LG Electronics
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Prime Minister Justin Trudeau
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U.S. Department of Commerce

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