Sentences with phrase «u.s. imposing tariffs»

Markets are plunging on news of the U.S. imposing tariffs on steel and aluminum imports next week.

CNBC's Willem Marx reports the European Union trade chief is warning the E.U. will react in a proportionate way if the U.S. imposes tariffs.

The situation has only intensified in the following weeks: The U.S. imposed tariffs on numerous imported Chinese goods, which China answered with tariffs on 128 U.S. products, including everything from fruit to meat to nuts.

Earlier in the year, the U.S. imposed tariffs on imported solar panels, as well as steel and aluminum imports.

Loomis pointed to the last time the U.S. imposed tariffs on Canadian steel imports, which occurred under former president George W. Bush.

In the scenario we find most probable where the U.S. imposes tariffs on $ 50 billion in imports plus Chinese retaliation of $ 50 billion of U.S. goods exported to China, U.S. workers suffer significant net negative impacts, particularly in the short - term.

The standoff began last month when the U.S. imposed tariffs on imported steel and aluminum.

Other countries don't just sit back and take it when the U.S. imposes tariffs.

Not exact matches

Steel makers slumped after the White House said it will delay its decision to impose tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days.

China will impose counter tariffs on a broad range of U.S. businesses from agriculture to aircraft, autos, semiconductors and services if the trade conflict with the United States continues to escalate, Chinese state - owned media China Daily newspaper said in an editorial on Thursday, a day after US Trade Representative Robert Lighthizer said he would give China a 60 - day window before tariffs on Chinese goods take effect.

China and neighbors including South Korea may opt to challenge the decision at the World Trade Organization — which has rebuffed prior U.S. - imposed tariffs that appeared before it.

U.S. President Donald Trump imposed the tariffs in March but granted a temporary exemption to Canada that runs out on Tuesday.

So if you were to impose a tariff on all good imported overseas to drive up the value of the dollar, it would be the Chinese that would end up paying the biggest portion of the bill building the wall between U.S. and Mexico, and not the Mexicans.

Last week, President Donald Trump condemned the U.S. trade deficit with other countries and proposed plans to impose hefty tariffs on steel and aluminum imports.

SunPower on Thursday said it was putting a $ 20 million U.S. factory expansion and hundreds of new jobs on hold until and unless its solar panels receive an exclusion from federal tariffs the Trump administration imposed this week.

CNBC's Morgan Brennan reports on shares of Boeing falling on news that China might impose tariffs on U.S. imports.

Mexico could fight back by imposing tariffs on U.S. exports.

In theory, if the U.S. were to impose a heavy tariff on another country, like say 20 %, it could cause the value of dollar to rise.

Still, he said there was no room for complacency and warned of the perils of trade protectionism amid fears that U.S. President Donald Trump will go ahead with plan to impose tariffs on steel and aluminum.

Last week, President Donald Trump said that the U.S. would impose a 25 percent tariff on steel imports and 10 percent on imported aluminum.

OTTAWA, May 1 (Reuters)- Canada has repeated its position that imposing punitive measures would hurt jobs in both countries, in reaction to U.S. President Donald Trump's decision to postpone the imposition of steel and aluminum tariffs.

«Imposing tariffs or putting up trade barriers may sound good, but it will hurt our economy and credibility,» said Wendy Cutler, the former acting deputy U.S. Trade Representative who helped lead U.S. negotiations in the 12 - nation Trans - Pacific Partnership trade deal last year.

Major Asian nations reacted sharply to U.S. President Donald Trump's decision to impose tariffs on steel and aluminum imports on Friday, warning of damage to close relations amid industry calls for retaliation.

China's commerce ministry said on Friday that it «resolutely opposed» a move by U.S. President Donald Trump to impose tariffs on steel and aluminum imports.

Canada, America's leading trade partner at the time, imposed retaliatory tariffs that cut U.S. exports to Canada by half.

On Monday morning, the yen was close to a 17 - month high against the dollar following the U.S. decision last week to impose new tariffs on China worth $ 60 billion.

The latter is set to take the decision to the World Trade Organization (WTO) and has prepared countermeasures that include imposing tariffs on certain U.S. products.

U.S. President Donald Trump has threatened to impose tariffs on $ 150 billion in Chinese imports to the United States to punish China for what government officials regard as Beijing's predatory industrial policies and abuse of U.S. intellectual property.

Should the U.S. withdraw from the WTO, as Trump threatened to do during the presidential campaign, there would be no limit on the level of tariffs other countries could impose on American products.

As a trade war between the U.S. and China escalates, tariffs imposed by the two nations have business owners in industries ranging from cars to wine feeling nervous.

Prior to imposing new tariffs on China for allegedly stealing intellectual property rights, the U.S. announced tariffs on steel and aluminum products.

Andrew Kenningham, chief global economist at Capital Economics, speaks about the potential impact of U.S. - imposed tariffs on steel and aluminium.

The company made the statement after European Commission President Jean - Claude Juncker said last week the European Union would impose tariffs on Harley's motorbikes if U.S. President Donald Trump implemented steel and aluminum tariffs.

China announced Wednesday that it may put tariffs on $ 50 billion worth of U.S. goods in retaliation against the Trump administration's plan for imposing 25 percent duties on Chinese imports.

A breakthrough deal to fundamentally change China's economic policies is viewed as highly unlikely during the two - day visit, though a package of short - term Chinese measures could delay a U.S. decision to impose tariffs on around $ 50 billion worth of Chinese exports.

Republican House Ways and Means Committee Chairman Kevin Brady on Wednesday cautioned against the U.S. imposing «indiscriminate» tariffs against China and he encouraged a wider public discussion before the U.S. takes new trade measures.

China was hitting back against U.S. President Donald Trump's plans to impose tariffs on $ 50 billion in Chinese...

CNBC's Jackie DeAngelis reports on the top ten sources for U.S. steel and aluminum imports as President Trump announces plans to impose tariffs on steel and aluminum imports as soon as next week.

Trump has also threatened to impose an unrealistically high 45 percent tariff on Chinese imports, prompting U.S. companies operating in the Asian country to fear «retribution.»

In response to Trump's moves, Beijing threatened to impose tariffs of its own on more than 100 U.S. goods, ranging from soybeans and cars to whiskey, tobacco, chemical products, and brewing and distillation dregs.

On March 1, Trump announced that the U.S. would be imposing broad tariffs on steel and aluminum imports.

TRADE: The White House said Monday it would delay its decision to impose tariffs on U.S. imports of steel and aluminum from...

The White House's postponement of a decision on imposing hefty tariffs on U.S. imports of steel and aluminum products from some countries helped boost investor sentiment.

Business circles are particularly concerned over the future of U.S. - China commercial ties as President - elect Donald Trump prepares to take office, having pledged to brand China a currency manipulator and threatened to impose tariffs on its goods.

U.S. Commerce Secretary Wilbur Ross defended the idea of tariffs on everybody in an interview, and when he asked whether Trump indeed planned to impose penalties on the entire globe he answered in the affirmative.

China, in turn, implemented additional tariffs on 128 U.S. products, including fruit and pork, in response to the Trump administration's decision to impose duties on steel and aluminum.

The world's two biggest economies have imposed import tariffs on each other's goods, including Chinese aluminum and U.S. aluminum scrap, and threatened more action in a trade dispute that has roiled metals markets.

The dollar fell on fears of a trade war after Trump said the U.S. would impose tariffs on steel and aluminum.

NEW YORK, March 5 - Treasuries yields rose on Monday afternoon as the U.S. stock market recovered and fears of a trade war eased after senior Republicans urged President Donald Trump to reconsider his threat to impose tariffs on imported steel and aluminum.

For one, if Trump passes his plan to impose heavy import tariffs on U.S. companies in a bid to deter outsourcing, Under Armour and the retail space as a whole would be saddled with a much heavier tax bill.