Sentences with phrase «import tariffs plan»

Not exact matches

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.

As the president's chief economic adviser, Cohn has proven an ardent free - trader who strongly opposed Trump's plan to impose heavy tariffs on steel and aluminum imports.

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.

Trump has since reaffirmed his plans to slap tariffs on steel and aluminum imports, warning the European Union (EU) it could soon face a «big tax» for failing to treat the U.S. properly when it comes to trade.

Last week, President Donald Trump condemned the U.S. trade deficit with other countries and proposed plans to impose hefty tariffs on steel and aluminum imports.

Shortly after Trump announced the tariffs, Ross told CNBC the plan for tariffs of 25 percent on imported steel and 10 percent on aluminum products is «no big deal.»

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.

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.

This plan would see the Customs Code cleaned up, imports from China receive the least favourable tariff treatment, and tariffs for Canadian consumers go down, rather than up by $ 333 million per year.

European calls for exemptions from Trump's plan for 25 percent tariffs on steel imports are also on their agenda, as well as the U.S. president's desire to withdraw U.S. forces from Syria.

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.

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.

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.

President Trump's plan to slap tariffs on steel imports threatens his quest for «American energy dominance,» energy groups say.

SYDNEY, March 16 (Reuters)- The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said on Friday, amid fears about a possible trade war sparked by U.S. plans to raise tariffs on steel and aluminium imports.

The anti-protectionism comments come as market sentiment sours with signs of a looming trade war between the United States, China and Europe over U.S. President Donald Trump's plans to raise tariffs on steel and aluminium imports, and possibly up to $ 60 billion worth of Chinese imports, targeting technology and telecommunications sectors.

April 4 - Shares in U.S. exporters of everything from planes to tractors were volatile on Wednesday after China proposed duties on key U.S. imports including soybeans, planes, cars, beef and chemicals in retaliation to Trump administration tariff plans.

CNBC's Martin Soong reports China's President Xi Jinping has announced plans to «open» China and lower tariffs on imported autos.

SYDNEY, March 16 - The Association of Southeast Asian Nations and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said on Friday, amid fears about a possible trade war sparked by U.S. plans to raise tariffs on steel and aluminium imports.

CNBC's Jackie DeAngelis and Kate Rogers report on how energy and industrials are reacting to the Trump administration's plans for imposed tariffs on imported steel and aluminum as early as next week.

CNBC's Jackie DeAngelis reports on the top ten sources for U.S. steel and aluminum imports as President Trump announces plans to impose tariffs on steel and aluminum imports as soon as next week.

Cramer added that he believed Amazon would remain unaffected by the decline, which was largely spurred by President Donald Trump's plan to slap tariffs on steel and aluminum imports.

After President Donald Trump announced his plan to place tariffs on steel and aluminum imports and markets plunged in response, Cramer knew he had to cut through the noise.

European calls for exemptions from Trump's plan for 25 percent tariffs on steel imports are also on their agenda, as well as the U.S. president's desire to withdraw U.S. forces from Syria as soon as practicable.

Trump said Monday that Canada and Mexico might be spared from his plans for a 25 per cent tariff on steel imports and 10 per cent tariff on aluminum imports if they agree to better terms for the U.S. in talks aimed at revising the North American Free Trade Agreement.

Xi outlines his plans at the Boao Forum for Asia on the same day the World Trade Organization said China filed a complaint challenging President Donald Trump's tariffs on imported steel and aluminum.

President Donald Trump plans to offer Canada and Mexico a 30 - day exemption from planned tariffs on steel and aluminum imports, which could be extended based on progress in NAFTA talks, a White House official said on Wednesday night.

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.

President Donald Trump's steel and aluminum tariffs went from a «no exemptions» plan to one filled with carve - outs for Canada and Mexico, and likely for other other allies and hundreds of imported products not available domestically.

The administration announced long - awaited plans Thursday to impose 10 percent tariffs on aluminum imports and 25 percent on steel imports.

The administration announced plans to impose 10 percent tariffs on aluminum imports and 25 percent on steel imports.

If you ask the CEO of Nucor, the largest steel producer in the United States, he'll tell you that President Donald Trump's plans to put tariffs on steel and aluminum imports are fair game.

A week after the Trump administration unveiled tariffs of up to 30 % on imports of solar panels, one of China's biggest manufacturers announced that it plans to open a new plant in the U.S.

Canada and Mexico have threatened retaliation, and the European Union said it would apply 25 percent tariffs on about $ 3.5 billion of imports from the United States if Trump carried out his plan.

WASHINGTON Gary Cohn, the top economic adviser to U.S. President Donald Trump and a voice for Wall Street in the White House, said on Tuesday he would resign, a move that came after he lost a fight over Trump's plans for hefty steel and aluminum import tariffs.

Ever since Trump announced on Thursday that he plans to impose 25 percent tariffs on steel imports and 10 percent tariffs on aluminum imports, he's caused a panic among members of his own party, who tend to oppose creating trade barriers of any kind around the US economy.

Trump's announcement of plans to slap tariffs on steel and aluminum imports have sparked speculation that National Economic Council Director Gary Cohn, who is reportedly against the tariffs, might leave.

This comes on the heels of Trump's March 1 announcement of plans to impose tariffs of 25 percent on foreign - made steel and 10 percent on imported aluminum, which triggered a similar short - term drop in the stock market.

He announced his plans to implement a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, in a move that highlights one of the key policy divides between Trump and his party.

On Friday morning, the day after he announced his plan to impose a 25 percent tariff on all steel imports and a 10 percent tariff on all aluminum imports into the US, Trump boasted that his drastic actions would result in an easy win for the nation.

After surprising markets in recent days with plans to impose tariffs on steel and aluminum imports, President Trump signed the authorization Thursday afternoon, applying taxes broadly to all countries except Canada and Mexico.

Early last week, the stock market was losing ground as the Trump administration rolled out plans for punitive tariffs on $ 50 billion in Chinese imports, and the Chinese government said it would retaliate with comparable tariffs on American goods.

Malmström described the Trump administration's plan to impose tariffs of 25 % on foreign steel and 10 % on imported aluminum as «deeply unjust» and a threat to European workers.

Under Armour has joined other top U.S. footwear brands in criticizing President Donald Trump's plans to slap punishing tariffs on Chinese imports by Thursday, saying the move would hurt consumers, jobs and business.

White House economic adviser Gary Cohn announced his formal resignation Tuesday evening, fueling fears that the Trump administration would follow through on its plan to impose stiff tariffs on steel and aluminum imports.

In a meeting with steel industry executives, Trump announced plans for a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports.

President Trump announced plans to impose a 25 percent tariff on all steel imports and a 10 percent tariff on aluminum imports — a move that will likely anger US trading partners and American businesses that buy steel.

The Trump administration's plans to impose $ 50 billion in tariffs on Chinese imports, as well as tariffs recently placed on imported steel and aluminum and on imports of solar panels and washing machines, mark a distinct break from decades of U.S. trade policy, which long has generally favored lower tariffs and fewer restrictions on the movement of goods and services across international borders.

Under this plan, the U.S. is expected to impose a 25 % tariff on $ 50 billion to $ 60 billion in annual imports from China.

Trade groups representing automakers including General Motors Co. and Toyota, plus parts suppliers like Robert Bosch GmbH, tried to warn the Trump administration of unintended consequences before the president said Thursday he plans to order tariffs of 25 percent on imported steel and 10 percent on aluminum.