Sentences with phrase «by imposing tariffs»

Note also that this reasoning implies that a country can increase the welfare of its residents by imposing tariffs on imports of high wage industry products (provided other countries don't retaliate).

What usually happens in cases like this is that the country being targeted by tariff retaliates by imposing tariffs on the imports from that country.

By imposing tariffs, President Trump is sticking to his campaign pledge to rebalance the nation's widening trade deficit with the rest of the world.

Trump gave U.S. steel producers a big gift in early March by imposing tariffs of 25 percent on steel imports from most foreign countries.

On Friday, the European Union threatened to retaliate by imposing tariffs of its own on some goods from America, including bluejeans, bourbon and motorcycles.

Senator John Cornyn of Texas expressed concern on Friday that America's trading partners might respond by imposing tariffs on agriculture, which he said would «devastate our agricultural communities.»

«The Administration should not respond to unfair Chinese practices and policies by imposing tariffs or other measures that will harm U.S. companies, workers, farmers, ranchers, consumers, and investors.»

By imposing tariffs on steel and aluminum imports, President Donald Trump is proposing a 19th century strategy in the context of a 21st century global economy.

The European Union has threatened to retaliate by imposing tariffs on all - American imports such as Harley - Davidson motorcycles and Kentucky bourbon.

By imposing tariffs on steel and aluminum imports, U.S. President Donald Trump is proposing a 19th century strategy in the context of a 21st century global economy.

So affected countries would be obliged to exact compensation by imposing tariffs or other measures on goods that they import from the United States.

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

Since they make up «the market» what does China really have to gain by imposing a tariff?

Not exact matches

However, the Institute for Supply Management survey also showed a jump in raw material costs, with steel and other prices increasing due to tariffs imposed by the Trump administration.

Prime Minister Justin Trudeau said any move by the United States to impose tariffs on Canadian steel and aluminum would be a «very bad idea» guaranteed to disrupt trade between the two nations.

By contrast, tariffs work in the opposite direction by imposing what amounts to higher taxes on companies, and ultimately, individualBy contrast, tariffs work in the opposite direction by imposing what amounts to higher taxes on companies, and ultimately, individualby imposing what amounts to higher taxes on companies, and ultimately, individuals.

The delay came as the free trade wing of the White House, led by Cohn, disagreed with trade hawks in the administration on whether to impose tariffs.

A survey on Monday showed sentiment among manufacturers falling in April for a second straight month amid growing concerns about the tariffs, which were imposed by President Donald Trump in March.

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.

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.

Analyses of steel tariffs imposed by Bush found they created fewer jobs in steel production than they destroyed through higher prices for steel - consuming industries.

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.

In January the International Monetary Fund said China's economic growth would top 6.6 percent in 2018, but it could now drop by as much as 0.5 percent if these tariffs are imposed — and it could slow even further if a global trade war truly heats up.

Two influential Republican senators from energy states said on Friday they were surprised by how quickly President Donald Trump imposed tariffs on steel and aluminum imports.

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.

The Institute for Supply Management (ISM) survey published on Tuesday also showed a jump in the cost of raw materials, with prices for steel and other materials increasing because of tariffs imposed by the Trump administration.

Any move by the United States to impose tariffs on Canadian steel and aluminum would be a «very bad idea» guaranteed to disrupt trade between the two countries, Canadian Prime Minister Justin Trudeau said on Monday.

These concerns are greatly magnified by the decision last week to impose across the board tariffs on steel and aluminium.

The deal comes at a time when Canada is resisting a move by the United States to impose tariffs on Canadian lumber imports.

The EU had threatened to retaliate if the steel and aluminum tariffs took effect, by imposing levies of its own on politically sensitive American exports.

Normally, it involves one country imposing a tariff on a product, like steel, and then another country will retaliate by raising tariffs on a separate product as a form of punishment.

The 30 percent tariff on solar panels is among the first unilateral trade restrictions imposed by the administration as part of a broader protectionist agenda to help U.S. manufacturers, but which has alarmed Asian trading partners that produce lower cost goods.

Trump, who claims the United States is being taken advantage of by its trading partners, has already imposed broad tariffs on imported solar panels and large washing machines.

In the past the US has occasionally engaged in protectionism by imposing unilateral tariffs.

[4] However, unlike relying on the Section 232 national security threat authorization employed by the Trump administration, Bush relied upon Section 202 of the Trade Act of 1974, as amended in 1994, authorizing the President to investigate and impose temporary tariffs upon imports that might adversely affect domestic industries.

Despite facing a possible financial hit due to a 30 percent tariff being imposed by the Trump administration on imported solar system...

«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.

Another Indianapolis factory, owned by the ball bearing maker Rexnord, also plans to soon leave Indianapolis for Mexico, despite criticism from the president - elect on Twitter and threats to impose steep tariffs on companies that move production abroad.

«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

A letter dated Sunday and signed by 45 industry trade groups says that imposing tariffs would only hurt US businesses and consumers and would not be an effective way to reign in China's worst practices.

The tariffs recently imposed by the Trump administration.

Mr. Trump appeared unmoved by the blowback, posting a series of Twitter messages on Friday defending his proposal to impose tariffs of 25 percent on steel and 10 percent on aluminum.

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...

«On the other hand the EU has to respond clearly and decisively to tariffs imposed by the Americans that violate World Trade Organisation (WTO) rules,» added Felbermayr.

We continue to artificially support this small group, barely six per cent of all Canadian farmers, by fixing prices, imposing extremely high tariffs to keep those prices high, and controlling production.

He said the government would closely monitor trade tariffs imposed by the United States and China on each other's goods.

North American markets closed down sharply Thursday as U.S. President Donald Trump stoked fears of rising protectionism by moving to impose China tariffs.

President Donald Trump expanded on his pledge to protect American industry from globalization by imposing hefty tariffs on steel and aluminum imports.

However, the tariffs adopted and proposed by China, in retaliation for the tariffs imposed by the Trump Administration, could have a significant negative effect on California companies and workers, because China is a key destination for many California exports.