Sentences with phrase «from imposing tariffs»

CEOs from some of America's leading food and beverage companies and trade associations have joined the American Beverage Association, Beer Institute, and Can Manufacturers Institute in sending a letter to president Donald Trump requesting that he refrain from imposing tariffs or import restrictions on cansheet, primary aluminium, and scrap.

It's long been rumored that one of the main things keeping Cohn from leaving the White House was his desire to stop Trump from imposing tariffs on steel.

Politico reports that congressional Republicans are considering legislation that would prevent Trump from imposing his tariffs.

They therefore could see little impact from any imposed tariffs.

Not exact matches

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

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.

Separately, Japan's top government spokesman said on Friday that Japan would continue to ask the United States to exempt it from Washington's plan to impose tariffs on imports of steel and aluminium.

From a legal and regulatory standpoint, sanction - busting and lax regulatory compliance are very different sins than intellectual property theft and discriminatory trade polices (which Trump often cites as the main justifications for his threat to impose tariffs on Chinese imports).

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.

President Donald Trump's plan to impose tariffs on up to $ 60 billion worth of goods imported from China, and Beijing's response to earlier steel and aluminum tariffs, smashed the Shanghai Stock Exchange index.

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.

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.

Trump imposed 25 percent tariffs on steel imports and 10 percent for aluminum to shield domestic industries from what he has described as unfair competition from other countries.

The Republican presidential front - runner's campaign pledges to impose 45 percent tariffs on all imports from China and 35 percent on many goods from Mexico would spark financial market turmoil and possibly even a recession, former trade negotiators, trade lawyers, economists and business executives told Reuters.

Japan also said on Friday that Japan would continue to ask the United States to exempt it from Washington's plan to impose tariffs on imports of steel and aluminium.

The reports follow a recent decision from President Trump to impose a 25 percent tariff on steel and another of 10 percent on imported aluminium.

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.

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.

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.

Trump's announcement that he plans to impose tariffs of 25 % on imported steel and 10 % on aluminum landed like a bombshell during the seventh round of NAFTA talks, prompting expletives from a least one negotiator and casting a pall over the painstaking efforts to update the 24 - year - old deal.

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.

On April 18, China imposed preliminary antidumping tariffs of 178.6 percent on sorghum, a crop used to make alcohol and biofuels, while President Donald Trump's threat to impose tariffs on $ 150 billion worth of goods on everything from solar panels to aircraft to cars remains on the table.

Meanwhile, Wal - Mart, Target, Best Buy and Macy's are among the large US retailers that separately sent Trump a letter urging him not to impose punishing tariffs on goods imported from China, Reuters reported.

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.

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

Buffett said Trump's proposal to impose 35 percent tariffs on goods from China and Mexico was a bad idea, «but I'm not going to say it will cause a recession.»

The Remain campaign would have us believe the EU would impose tariff barriers in retribution, but the truth is we import nearly # 70bn more from the continent than we sell there, so it would be an absurd act of economic self - harm for the EU to start a trade war with Britain.

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.

CNBC's Kayla Tausche reports the White House may consider imposing harsh tariffs on imported steel and aluminum and that has raised concern from the Defense Department, reports CNBC's Kayla Tausche.

Trump has imposed tariffs on steel and aluminum imports from many countries, and his administration this week threatened tariffs on $ 60 billion in Chinese goods.

The United States has threatened to impose tariffs on $ 50 billion of Chinese imports in a bid to try and force Beijing to stop its companies from stealing American companies» intellectual property.

-- it will face continued margin pressures «due to higher labor content in certain areas of manufacturing where we have temporarily dialed back automation, as well as higher material costs from recently imposed tariffs, commodity price increases and a weaker US dollar.»

Unlike the punitive tariffs that the United States frequently imposes on «dumped» or unfairly subsidized goods from specified countries, Trump's steel and aluminum measures would apply to all countries.

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

A Morning Consult poll from February showed that 59 percent of Americans support the idea of imposing steel and aluminum tariffs — but specifically if they hit China.

As a big importer, China imposing their own tariffs — or buying from other countries instead — could hurt the U.S. economy.

The White House said Monday it would postpone a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. prepares for tense trade talks in China this week.

The U.S. government imposed tariffs of 266 percent on imports from China, with goods from Brazil, India, South Korea, Russia, Japan and the U.K. also subject to duties, the Commerce Department said in a preliminary decision Tuesday.

The White House said Monday it would postpone a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. prepares...

For months, congressional Republicans and Trump's former top economic adviser Gary Cohn — who resigned from office this week — have been trying to convince the president that imposing tariffs on steel and aluminum imports is a bad idea.

WASHINGTON — The Trump administration said on Monday that it would delay a decision to impose steel and aluminum tariffs on the European Union, Canada and Mexico for another 30 days, giving key allies a reprieve as the White House tries to extract concessions from trading partners who have resisted those demands.

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.

While Republicans are most often supporters of free trade, President Bush imposed a complex set of temporary three - year tariffs on steel imports, mainly from the EU.

The Trump administration had faced a midnight deadline to suspend or impose tariffs on imported steel and aluminum from a number of friendly countries.

The Bush administration imposed tariffs ranging from 8 % to 30 % on a variety of steel products, in part to make good on a campaign promise designed to appeal to voters in the Rust Belt states of Ohio and Pennsylvania.

«We urge the administration to take this risk seriously and specifically to refrain from imposing new worldwide tariffs on steel and aluminum.

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.

President Trump put China squarely in his cross hairs on Thursday, imposing tariffs on as much as $ 60 billion worth of Chinese goods to combat the rising threat from a nation that the White House has called «an economic enemy.»

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.