Sentences with phrase «import tariffs»

In recent weeks, the countries have threatened to impose import tariffs on one another, prompting fears of a trade war that could hurt the global economy.

«In a so - called trade war, driven by reciprocal increases of import tariffs, nobody wins, one generally finds losers on both sides,» she said.

There are two main problems with imposing import tariffs of this nature.

Customers and the solar industry now face a solar import tariff and are just beginning to learn how to navigate the time - of - use rates, they argued.

To get around the 25 percent import tariff, though, the company has explored setting up a factory.

The report also assesses the use of border adjustments, such as import tariffs and export subsidies, and transition assistance to mitigate those unintended effects.

«We will considerably reduce auto import tariffs,» he claimed.

The 54 cent per gallon import tariff also impacts the price.

The country - of - origin problem goes away entirely, as companies would no longer need the protection of free - trade deals to import tariff free.

Usually, when import tariffs are imposed, they work as advertised.

The claim is silly, of course; import tariffs on dairy that exceed 200 % essentially guarantee that you are supporting Canadian farmers whenever you drink your milk, steamed or otherwise.

The domestic industries, especially steel producers, welcome this development, but manufacturers that consume steel and aluminum are concerned about the consequences of import tariffs.

Canada's participation in the Trans - Pacific Partnership (TPP) free - trade deal has brought supply management, which imposes high import tariffs on dairy and poultry products, to the fore.

President Xi Jinping promised on Tuesday to open the country's economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse the increasingly bitter dispute with the United States and possibly open the way for the start of negotiations after both sides threatened tit - for - tat tariffs.

They have instead offered concessions like raising caps on foreign investors» stakes in Chinese financial institutions, and proposed eliminating import tariffs in narrow categories like drugs to treat cancer.

LONDON, April 10 - Global equity markets rallied and the Japanese yen fell on Tuesday as Chinese President Xi Jinping's promise to cut import tariffs eased investor concerns about an escalating U.S. - China trade row.

Australian wine exports to mainland China in 2017 soared 63 % to AU$ 848 million, accounting for 33 % of Australia's total export value last year, thanks to the strong impetus of the two countries» Free Trade Agreement that has continued to eliminate import tariffs on Australian wines.

High on their list of points of discord are Washington's exit from the Paris agreement on climate change, the intention to scuttle Iran's 2015 nuclear deal, steel and aluminum import tariffs, allegedly tactless and unpredictable American policies, etc., etc..

Or else... Chinese import tariffs of up to US$ 60 billion on I.T., telecoms and consumer products — themselves all part of a U.S. examination of Chinese intellectual property violations — will likely be implemented.

Trump ultimately approved a 30 percent solar import tariff for crystalline - silicon solar cells and modules, which steps down by 5 percentage points each year to 15 percent by the fourth year.

In January this year, China has further reduced import tariff on Australian wines based on the two country's FTA agreement, which would give impetus for its wine exports.

The TPP would reduce the percentage of a vehicle's content that must come from Canada to avoid import tariffs to 45 (down from 62.5) and would allow TPP countries duty - free access to 3.25 percent of Canada's dairy market and 2.1 percent of its poultry market.

Fears of a global trade war have risen after Trump imposed hefty import tariffs on steel and aluminum earlier this month under Section 232 of the 1962 U.S. Trade Expansion Act, which allows safeguards based on «national security».

S. 530 would also scale back the 54 cents per gallon ethanol import tariff commensurately with the reduction in the tax credit.

British producers of machinery, electrical equipment, automobiles, and pharmaceuticals will see import tariffs of up to 9.5 % on their trade with Canada slashed after the European Parliament supported the EU - Canada free trade deal (known as CETA).

Trump earlier this year announced new import tariffs on solar panels and washing machines.

President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and offered the possibility of excluding other allies, backtracking from an earlier «no - exceptions» stance.

The dollar had risen earlier after Chinese President Xi Jinping's promise to cut import tariffs eased concerns about a trade conflict.

U.S. aluminum and steel stocks, which had declined earlier Thursday, continued to trade lower as Trump prepared to comment on his administration's import tariffs plan.

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.

Anticipation that Trump will pursue expansionary fiscal policy, and potentially raise import tariffs, have been behind rising inflation expectations.

The recent US import tariff increase is on both steel and aluminum.

And while import tariffs increase their overall cost, Tesla otherwise prices its cars in China at the same level that it does in the U.S. after currency adjustments.

Taxes and tariffs Import tariffs are the most variable factors in the price gap: some products are free to enter the country, while others are subject to massive government taxes.

The recently announced import tariffs on solar panels and washing machines could be a precursor to bigger trade clashes between the U.S. and China, experts say.

Among all countries, mainland China has been the single most important driver for Australia's wine boom, thanks to the two countries» Free Trade Agreement on import tariff reduction.

This move, however, did not kill all the taxes on tampons, as a Kafkaesque set of import tariffs remain on these items which ties up importers in significant amounts of red tape and generates at most $ 4 million in tax revenue for the federal government.

Despite the fact the Customs Tariff contains import tariffs on tampons, an importer may still be able to bring them in tariff - free if they fell under one of the Chapter 99 override clauses.

Her room for maneuver is limited on both sides: she can't offer the EU more generous terms without enraging the right - wing of her party, which believes that the EU can be pressured into a better outcome, while the centrist wing of her party is equally opposed to a «no - deal» Brexit that would reintroduce customs checks and import tariffs overnight, while leaving the whole legal basis for trade in services in limbo.

Earlier this month, President Donald Trump excluded Canada and Mexico from import tariffs of 25 percent on steel and 10 percent on aluminum until May 1.

Trump's announcement on Thursday of plans to impose broad import tariffs on steel and aluminum has added a layer of complication to the NAFTA talks.

Making it Simple highlights the absurd, occasionally Kafkaesque, world of Canadian import tariffs and finds that while most tariffs raise next to no revenue for the government, they impose significant costs on Canadian businesses and consumers.

By the end of the commercial, the group snacks on avocados (i.e. guacamole), which may face a high import tariff if President Trump gets his way.

Trump has already issued an executive order withdrawing from the Trans - Pacific Partnership, threatened to brand some countries as currency manipulators, and is considering import tariffs or border taxes as part of his «America First» policies.

Canadian dairy is subject to an astronomical import tariff — as much as $ 4.00 per kilogram, or 298.5 %.

Most notably, he unleashed steep import tariff proposals against steel, aluminum and all things China, fanning fears of a costly showdown between the world's two largest economies.

But what really changed First Solar's current situation is the unexpected boon that the company has received from Suniva's Section 201 trade filing, which has led to the hoarding of modules in anticipation of potential import tariffs and / or restrictions.

The United States now imposes average weighted import tariffs of just 1.4 percent, according to the World Bank, among the lowest rates in the world.

These products circumvent import tariffs and are brought into Canada by processors of ice cream and other products.

US President Donald Trump's decision to levy import tariffs on steel and aluminium typifies the administration's scattergun approach to trade policy: many victims, a lot of friendly fire and hitting all the wrong targets.