Sentences with phrase «impose the tariffs under»

The Commerce Department will impose the tariffs under a rarely used law that allows emergency trade sanctions for «national security.»

Not exact matches

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.

Loomis pointed to the last time the U.S. imposed tariffs on Canadian steel imports, which occurred under former president George W. Bush.

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.

«In light of China's unfair retaliation, I have instructed the USTR to consider whether $ 100 billion of additional tariffs would be appropriate under section 301 and, if so, to identify the products under which to impose such tariffs,» Trump's statement said.

«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.

Yesterday U.S. President Donald Trump announced that his administration will impose 25 % import tariffs on steel and 10 % on aluminum, for a potentially unlimited period, under a seldom - used 1962 law.

The Trump administration has threatened to impose tariffs on imports involving many of the industries being developed under the Made in China 2025 program.

Under Trump and a Republican - controlled Congress, the United States is expected to raise tariffs within the region to the consistently higher ones it imposes on all other countries.

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

In March, under the guise of acting to protect national security, Trump invoked Section 232 of the Trade Expansion Act of 1962 to impose tariffs on imported steel and aluminum from all countries.

Following five investigations launched under three rarely invoked trade laws, President Trump has imposed — or announced plans to impose — tariffs on thousands of products from China.

The tariffs will be imposed under Section 301 of the 1974 U.S. Trade Act, following an intellectual property probe that began in August last year.

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.

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&P 500 closes under the 200DMA Monday then claws way back on Tuesday, DJIA touches 200 DMA and then has a bounce, NASDAQ in no - man's land... Trade war is the factor spooking markets — China imposes tariffs on hundreds of U.S. products in retaliation

Source: Author's calculations as explained in the text under the assumption that President Trump imposes an import tariff of 25 percent on steel and 10 percent on aluminum.

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).

«Under WTO (World Trade Organisation) rules UK would have been unable to impose any tariff on goods from any country in the world.

«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.

In this op - ed for pv magazine, Tony Clifford of Standard Solar addresses the significance of new legislation that would undo the 30 % tariff on imported solar imposed under the Section 201 process.

The benefit of this would not only be to pre-empt any such externally imposed carbon tariff on China's exports (under international trade rules, a carbon tariff on goods from a country with a carbon tax would probably be illegal), but it would also allow the Chinese government to collect revenue of such a tax rather than to see it go to a foreign government.