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Tariffs News

Trump moving ahead with new tariffs on Chinese products

Washington - Washington is moving ahead Sunday with new tariffs on Chinese imports as it steps up a high-pressure campaign aimed at coercing Beijing to sign a new trade deal even amid fears of a further slowing of US and world growth.

Op-Ed: 'What phone call?' China has no idea what Trump is talking about

n a comment that moved financial markets, President Donald Trump on Monday said serious negotiations with China will begin after the U.S. received two “very good calls” from Beijing on Sunday night. Beijing says no calls were made.

Trump's rage over China tariffs puts US economy at risk

Washington - White House staffers have been scurrying to clean up another Trump mess as the "chosen one" sparked skepticism and fear after declaring American companies “are hereby ordered to immediately start looking for an alternative to China.”

Apple will face tariffs on components imported from China: Trump

Washington - President Donald Trump warned Friday that he would snub Apple's requests for tariff exemptions on device components imported from China, as he put pressure on the tech company to shift production to the United States.

Mexico not in favor of Trump's safe-third-country agreement

Mexico is not ready to sign a safe-third-country agreement with the Trump administration regarding asylum seekers at their shared border, the Mexican ambassador to the United States said on Thursday ahead of a Monday deadline.

US to apply tariffs to China and Mexico structured steel imports

The U.S. Commerce Department announced on July 8 that it has decided to once again apply tariffs on fabricated steel imports from Mexico and China.

US proposes tariffs on EU cheese, pork and whiskey

Washington - The United States on Monday proposed $4 billion in tariffs on a range of European Union products -- including parmesan cheese and Scotch and Irish whiskey -- over subsidies for commercial aircraft.

There is no secret deal with U.S. says Mexico's Foreign Minister

Washington - The Mexican foreign minister said Monday that no secret immigration deal existed between his country and the United States, directly contradicting President Trump’s claim on Twitter that a “fully signed and documented” agreement would soon be reveal

US, Mexico hammer out last-minute deal to curb migration, avoid tariffs

Washington - The United States and Mexico reached an 11th-hour deal late Friday to crack down on migration from Central America, with President Donald Trump relenting on threats to slap potentially devastating tariffs on the neighboring country.

Mexico tariffs on track to take effect Monday: W.House

Washington - The United States intends to apply punitive tariffs on imports from Mexico on Monday despite progress in talks on stemming migration, White House spokeswoman Sarah Sanders said Friday.

Op-Ed: Trump's Mexico tariff threat is 'playing with fire'

President Trump's penchant for using tariffs to get foreign governments to see things his way is turning into a "scorched earth policy." His insistence that Mexico must fix the immigration problem is going to turn around and bite him where it hurts.

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.
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