Sentences with phrase «imposed on imported»

Article I, Section 9, Clause 1 of the U.S. Constitution which was in effect until 1808 when importing slaves was banned stated that a customs duty could be imposed on imported slaves:

Custom duties are imposed on imported goods through the operation of the Customs Act and the Customs Tariff.

Plans to bring the tony truck here are still in the planning stages, but a recent report has indicated that Mercedes - Benz is considering locations here to built a version of the pickup in order to avoid paying the hefty border tax imposed on imported trucks.

In essence, tariffs imposed on imported goods make those goods more expensive, thus giving a competitive advantage to American firms.

There will be plenty of access to supply when home building stops because the prices of everything have been artificially inflated by the taxes imposed on the imported materials.

«So in that case, the tax is rebated or exempted from exported goods and it is imposed on imported goods.

Put simply, a tariff is a tax typically imposed on imported goods.

CETA would give Canadian exporters preferential access to the EU, and would affect tariffs that the EU has been imposing on imported merchandise, as well as investment restrictions, automobile specifications and procurement rules.

So custom's duties can be imposed on imports of goods to the United States, but not on exports of goods from the United States.

Not exact matches

The White House is downplaying rumors of Gary Cohn's departure, after the chief economic advisor got overruled on President Donald Trump's decision to impose steep tariffs on steel and aluminum imports.

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).

The 25 % and 15 % duties that Trump plans to impose on steel and aluminum imports, respectively, won't be paid by the foreign producers that manufacture those materials.

Trade relations between the United States and China have already been strained as Trump has weighed imposing tariffs on up to $ 150 billion of Chinese imports.

Trump on March 23 imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum in March, but granted temporary exemptions to Canada, Mexico, Brazil, the EU, Australia and Argentina.

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.

Halfway through the event, Trump told the attendees he would impose tariffs of 25 percent on steel imports and 10 percent on aluminum imports, the person in the room said.

From April 20, China will impose temporary anti-dumping measures on rubber imports from U.S., European Union and Singapore, its commerce ministry said.

So if you were to impose a tariff on all good imported overseas to drive up the value of the dollar, it would be the Chinese that would end up paying the biggest portion of the bill building the wall between U.S. and Mexico, and not the Mexicans.

Bombardier President of Commercial Aircraft Fred Cromer speaks about the U.S.» intention to impose a 300 percent import duty on its C - Series aircraft.

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.

President Donald Trump's decision to impose tariffs on cheap imported panels was intended to protect American manufacturing jobs, but many in the solar industry have argued that tariffs will raise costs and trigger thousands of layoffs in the installation end of the industry.

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.

CNBC's Morgan Brennan speaks with CSX CEO Jim Foote about President Trump's proposal to impose tariffs on imported steel and aluminum and how it could impact his company.

Last week, President Donald Trump insisted «trade wars are good» after a contentious global response regarding his decision to impose tariffs on steel and aluminum imports.

CNBC's Morgan Brennan reports on shares of Boeing falling on news that China might impose tariffs on U.S. imports.

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.

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.

The main point is that when a nation imposes a tariff on another nation's goods, it's a tax that, according to classical economics, generally raises the prices, and lowers the volume of sales, of those imports.

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.

Last week, President Donald Trump said that the U.S. would impose a 25 percent tariff on steel imports and 10 percent on imported aluminum.

After the tariffs were imposed on China, South Korean imports surged, he said.

The administration is also imposing duties on Canadian softwood timber and is investigating whether steel and aluminum imports pose a threat to national security.

A shortage of skilled workers and rising commodity prices after the Trump administration imposed tariffs on steel and aluminum imports are starting to impact production.

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.

But because of the federal prohibition imposed on cannabis and hemp, the U.S. is importing an estimated $ 100 million of hemp products each year.

But a shortage of skilled workers and rising commodity prices after the Trump administration imposed tariffs on steel and aluminum imports are starting to impact production.

Major Asian nations reacted sharply to U.S. President Donald Trump's decision to impose tariffs on steel and aluminum imports on Friday, warning of damage to close relations amid industry calls for retaliation.

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.

Earlier this month, the Commerce Department recommended imposing heavy tariffs or quotas on foreign producers of steel and aluminum in the interest of national security, following a trade investigation of imports.

President Donald Trump signed an executive memorandum last week that would impose retaliatory tariffs on up to $ 60 billion in Chinese imports.

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.

U.S. President Donald Trump has threatened to impose tariffs on $ 150 billion in Chinese imports to the United States to punish China for what government officials regard as Beijing's predatory industrial policies and abuse of U.S. intellectual property.

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.

Trump threatened to impose tariffs on $ 60 billion in Chinese imports on Thursday and implemented a 25 % tariff on steel and a 10 % tariff on aluminum on Friday.

The relationship has seen Trump threaten to impose tariffs on up to $ 150 billion of Chinese imports, a move that could trigger a trade war between the worlds two largest economies.

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.

Investors are hoping the White House won't follow through on threats to impose steep tariffs on imported steel and aluminum.