President Donald Trump is reportedly looking
at imposing tariffs on up to $ 60 billion of Chinese imports.
Not exact matches
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.
A decision not to
impose tariffs would have capped an incredible turnaround for Cohn, who just last year was in Trump's doghouse for criticizing the president's divisive comments blaming people on «both sides» for violence
at a white supremacist rally in Charlottesville, Virginia.
Canada, America's leading trade partner
at the time,
imposed retaliatory
tariffs that cut U.S. exports to Canada by half.
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.
Andrew Kenningham, chief global economist
at Capital Economics, speaks about the potential impact of U.S. -
imposed tariffs on steel and aluminium.
Senate Majority Whip John Cornyn of Texas said the speed
at which Trump
imposed the
tariffs suggests he may have been trying to prevent anyone from talking him out of the action, which has been widely opposed by his own party and the energy industry.
«If we both
impose tariffs and they're actually employed, I guess I would call that a trade war,» said Michael Englund, chief economist
at Action Economics.
«We truly despise the carrot - and - stick approach,» Jia said in a veiled swipe
at Trump's threats to cut aid or
impose tariffs on Latin American nations that do not do more to further efforts to create more US jobs and combat drug trafficking.
Under this system,
tariff s of 200 % to 300 % are
imposed on foreign milk and milk products while here
at home, prices are manipulated to the point where, according to a paper by former Liberal MP Martha Hall Findlay, a typical Canadian family is paying in excess of $ 300 a year more than they need to for milk alone.
Texas Sen. John Cornyn says the speed
at which Trump
imposed tariffs suggests he didn't want to be talked out of it.
At the time, the U.S. president argued that it was a matter of national security to
impose these
tariffs to protect the American industry.
Chairman, CEO and president of Nucor John Ferriola and U.S. Steel CEO Dave Burritt flank U.S. President Donald Trump as he announces that the United States will
impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum during a meeting
at the White House in Washington, U.S., March 1, 2018.
FILE PHOTO: U.S. President Donald Trump announces that the United States will
impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum during a meeting
at the White House in Washington, U.S., March 1, 2018.
The deal comes
at a time when Canada is resisting a move by the United States to
impose tariffs on Canadian lumber imports.
«If the United States is taken to dispute settlement
at the World Trade Organization (WTO) for
imposing these
tariffs, we call on the U.S. Trade Representative (USTR) to avoid invoking the essential security exception under GATT Article XXI,» the wheat groups continued.
The Trump administration has decided to hold off on
imposing most of its
tariffs on imported steel and aluminum until
at least June 1.
U.S. President Trump Monday decided to hold off on
imposing most steel and aluminum
tariffs until
at least June 1.
«Solar import
tariffs imposed by the U.S. government in January are likely to have only a limited impact on solar energy development in the country, but are likely to tip the scales toward wind projects
at the utility scale,» the RECAI stated.
«Solar import
tariffs imposed by the U.S. government in January are likely to have only a limited impact on solar energy development in the country, but are likely to tip the scales toward wind projects
at the utility scale,» the RECAI
The Trump administration has already
imposed tariffs on steel and aluminum imports from most of the world, aimed primarily
at curbing the excess production coming from China.
The case, which was filed on Dec. 20 and made public on Wednesday, centers on the punitive
tariffs that the United States
imposes when it finds other countries guilty of subsidizing their products or of selling them abroad
at unfairly low prices, a practice known as dumping.
To protect the interests of just one manufacturer, the Trump administration this month
imposed a hefty
tariff on Canadian paper imported by newspapers, putting thousands of media jobs
at risk and threatening the ability of the press to hold government...
President Donald Trump
at the last minute on Monday evening announced he would again postpone
imposing tariffs on steel and aluminum imports from Canada, Mexico and the European Union, the White House said, pushing off a key economic decision while he...
The Trump administration
imposed tariffs on
at least $ 60 billion in Chinese imports Thursday.
In short, if China is crazy enough to produce and sell steel to the United States
at prices that guarantee they'll LOSE MONEY, the US government shouldn't
impose tariffs.
The Commerce Department has
imposed tariffs averaging 20 % on Canadian lumber shipments into the U.S. NAHB believes the
tariffs are harming housing affordability, home builders and consumers by artificially inflating lumber prices, which are running
at an all - time high.
At the beginning of April, Trump announced his intention to
impose tariffs on 1,300 Chinese products accounting for about $ 50 billion of exports to the United States, as a result of an investigation into Chinese intellectual property and forced technology transfer policies, under Section 301 of the Trade Act of 1974.
The flurry of complaints and lawsuits have come on the heels of President Donald J. Trump's decision to
impose a graduated series of
tariffs on imported solar modules and cells, starting
at 30 % this year and gradually being reduced each year of the next four years.
At a news conference after the meeting, Powell said the Fed hasn't lowered its forecasts for growth because of the Trump administration's decision to
impose tariffs on steel and aluminum imports.
Companies have until May 22 to submit comments to the administration about the
tariffs, with the penalties to be
imposed at an undetermined date.
«
Imposing tariffs on soybeans looks problematic,» said Julian Evans - Pritchard, a China economist
at research firm Capital Economics, in a note to clients.
White House economic adviser Gary Cohn is making a desperate final attempt to change Trump's mind on
imposing the
tariffs by bringing leaders of industries that will be hurt by the
tariffs to meet with the president
at the White House on Thursday.
His departure comes
at President Trump prepares to
impose tariffs of 25 % on foreign - made steel and 10 % on aluminum, sparking fears of a trade war.
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,»
Tools
at its disposal include
imposing the highest allowable
tariffs, tightening deadlines for lodging documents and toughening rules on «circumvention» — tweaking products to escape anti-dumping
tariffs.
There appears to be a current and very deliberate attempt to obfuscate what a VAT actually does (create a level field and back out taxes from exports, allowing recipient countries to
impose their own taxes
at consumption) and conflate it with protectionist measures such as straightforward
tariffs or the proposed complex «border adjustability» tax, the latter explicitly prohibited under WTO rules precisely because it is not a level playing field (imports are taxed and exports are subsidized).
President Trump is expected to formally sign off on
imposing stiff
tariffs on steel and aluminum imports
at noon tomorrow, according to people familiar with the deliberations, although advisers close to the White House emphasized that the timing could change.
A U.S. Commerce Department decision to
impose tariffs on Canadian paper imports is stoking concerns
at American newspapers about financial strains facing the news industry.
One Labour backbencher said: «Labour policy is to stay in the customs union and single market,
at least in transition, so the anti-hard Brexit MPs» views are that this is not the time to give the Government carte blanche to
impose tariffs taking us out of the customs union and single market.
«The break - even carbon
tariff we calculated, which is
at the range of $ 105 - 129 per ton of carbon dioxide, depending on the possible carbon tax to be
imposed by these two regions in the near term, is close to the reported CO2 capture and sequestration cost,» You said.
Missouri should not have a system that puts our neediest communities
at a disadvantage when it comes to recruiting talented teachers and states should not
impose a
tariff on attracting quality teachers and school leaders.
«His threat to rip up existing treaties and
impose new
tariffs — even if there are limits to what can actually be accomplished under executive authority — would disrupt global supply chains, jeopardizing the integrated international trade system that has been the key foundation of decades of global growth and prosperity,» warned Stephen Rogers, an investment strategist
at Investors Group, in a white paper released before Americans cast their ballots.
While the president may elect to
impose tariffs on foreign - made solar cells and panels early next year, funding for wind farms seems to be safe from the executive scalpel —
at least for now.
Going forward, new solar installations are widely expected to grow
at a much slower pace than in previous years, due to
tariffs that President Donald Trump
imposed in January on imported solar panels and cells, the devices inside the panels that convert sunlight into electricity.
At the same time, the new installation record in Germany and in some other European markets is rather the result of an anticipated market collapse, due to the switch from feed - in
tariffs to auctions, which has been
imposed by the European Commission and creates major difficulties in particular for small and medium sized investors, including community ownership.
I've pointed out that the climate science indicates that blame for the dessicating assault on US soil that we have experienced must be laid
at China's feet and a (not very large)
tariff should be
imposed to exact reparations for damages.
EU nations promoted clean energy
at vastly inflated costs through
imposed renewable energy targets,
tariffs and subsidies.
On the other side of the debate, the appellant, Her Majesty the Queen in Right of New Brunswick («the Crown»), argues that s. 121 was only intended to dismantle the power to
impose tariffs or
tariff - like charges
at provincial boundaries.
To protect the interests of just one manufacturer, the Trump administration this month
imposed a hefty
tariff on Canadian paper imported by newspapers, putting thousands of media jobs
at risk and threatening the ability of the press to hold government...