Sentences with phrase «against imposing the tariffs»

Not exact matches

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.

Since my last Sino - Saturday edition, much has happened on the trade front: Donald Trump announced plans to impose tariffs of as much as $ 60 billion on imports from China; China fired back with tariffs of $ 3 billion against imports from the US, a promise to challenge US penalties at the World Trade Organization and some tough language threatening more painful countermeasures to come; global markets took a nosedive.

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.

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.

President Donald Trump's decision on Tuesday to impose tariffs on imported washing machines and solar panels launched in earnest his long - anticipated crusade against what he sees as unfair trade.

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

The Trump administration is now threatening trade actions against China, after broadly imposing steel and aluminum tariffs.

The action, which came against the wishes of Mr. Trump's pro-trade advisers, would impose tariffs of 25 percent on steel and 10 percent on aluminum, effectively placing a tax on every foreign shipment of those metals into the United States.

If Republicans are able to get a veto - proof majority to back some kind of bill limiting Trump's authority to issue tariffs, it would echo the time when Republicans forced Trump to impose sanctions on Russia last August and locked old sanctions against the country into law instead of leaving them as executive orders that Trump could unilaterally rescind.

The Chinese government plans to immediately impose tariffs on 128 U.S. products, including pork and certain fruits, a direct response to President Donald Trump's recent moves to pursue numerous trade restrictions against Beijing.

Mr. Trump has signalled that he wants to impose protectionist measures such as tariffs against countries that sell more goods and services into the U.S. than they buy from Americans.

China imposed tariffs on a range of U.S. goods, following through on a promise to retaliate against the Trump administration's penalties on imports of Chinese steel and aluminum.

China said Tuesday it would impose $ 50 billion in tariffs against US products, including soybeans and cars, in response to the Trump administration's initial decision to slap tariffs on Chinese - made goods to punish the country for intellectual property theft.

In early 2002, then - President George W. Bush imposed steel tariffs of up to 30 percent on imports of steel in an effort to shore up domestic producers against low - cost imports.

The retail industry, which lobbied the administration and Congress against an early plan to impose tariffs on Chinese - made apparel and footwear, is now cautiously optimistic that its products will be exempt.

President Donald Trump's top economic adviser, Gary Cohn, resigned Tuesday in what was widely viewed as a protest against the president's plan to impose huge tariffs on steel and aluminum imports into the US.

In this case, Canada and the European Union are both threatening to retaliate against the US after President Donald Trump announced Thursday that he planned to impose big tariffs on imported steel and aluminum by using an obscure trade law.

The 1974 law Trump is invoking to impose the tariffs, known as Section 301, authorizes the US president retaliate against a foreign country's «unfair trade practices» (pdf, p. 64).

If the Trump administration decides to impose more tariffs next month, it could be the first blow in a one - two punch to China on trade, making it even more likely that Beijing might retaliate against American exports.

there is a serious risk that China will be tempted to retaliate against U.S. tariffs imposed as result of U.S. claims of intellectual property infringements by China.

Following news from last Friday that the Ministry of Commerce is planning to impose 15 % tariff on American wine as part of its retaliation against the Trump Administration's decision last week to levy tariffs on about US$ 50 billion worth of Chinese imports, in a statement sent to dbHK today, Robert Koch, CEO of the wine institute, said: «Chinese retaliation against US wine would put our producers at a significant disadvantage in one of the most important markets in the world at a critical time,»

Saccone, who running in a special election against Democrat Conor Lamb, has backed Trump's decision to impose steel tariffs.

The White House has criticised China after it imposed retaliatory tariffs against the US on a range of goods, including pork and wine.

Further adding to these policy changes are active steps taken by the administration to impose tariffs or sanctions against the US» trade partners for treatment deemed «unfair».