Starling shares industry concerns over possible
Chinese trade retaliation and understands the levity of a pending White House decision on the Renewable Fuel Standard.
Not exact matches
It is a
retaliation to President Trump's proposed tariffs on
Chinese imports rolled out Tuesday that the administration views as unfair
trade practices.
WASHINGTON (Reuters)- President Donald Trump will announce tariffs on
Chinese imports on Thursday, a White House official said, in a move aimed at curbing theft of U.S. technology and likely to trigger
retaliation from Beijing and stoke fears of a global
trade war.
In a separate
trade battle with China, the United States has threatened to impose tariffs on $ 150 billion of
Chinese goods in
retaliation for what it argues are Beijing's unfair
trade practices and its requirement that U.S. companies turn over technology in exchange for access to its market.
These new tariffs would directly harm American manufacturers, provoke widespread
retaliation from our
trading partners, and leave virtually untouched the true problem of
Chinese steel and aluminum overcapacity.»
We can take issue with the style of this administration in confronting China (a more astute strategy would not begin by alienating key allies), and we can worry that it has not thought carefully about how to deal with the inevitable
Chinese retaliation or how to construct a path for China and the United States to come to a new accord on
trade.
Europeans or
CHinese companies who
trade with Iran can now face
retaliations from the US administration (and losing access to the US market is too high a price for reaching the Iran market) and even by US courts (for any operation involving Iran using US$).