Sentences with phrase «imposed tariffs of»

In January, President Trump imposed tariffs of up to 30 percent on solar panels made abroad.

China has imposed tariffs of up to 25 % on 128 US imports, including pork and wine, after US President Donald Trump raised duties on foreign steel and aluminium imports in March.

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.

AK Steel Holding Corp. led a U.S. steelmaker rally after the Department of Commerce imposed tariffs of as much as 266 percent on imports of cold - rolled steel after determining they were priced unfairly.

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.

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.

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.

Aluminum prices have risen more than 20 percent in the last three years — and seem likely to increase further after the Trump administration's vowed to impose tariffs of 10 percent on aluminum and 25 percent on steel.

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.

Chairman, CEO and president of Nucor John Ferriola and U.S. Steel CEO Dave Burritt flank U.S. President Donald Trump as he announces that the United States will impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum during a meeting at the White House in Washington, U.S., March 1, 2018.

FILE PHOTO: U.S. President Donald Trump announces that the United States will impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum during a meeting at the White House in Washington, U.S., March 1, 2018.

The action, which came against the wishes of Mr. Trump's pro-trade advisers, would impose tariffs of 25 percent on steel and 10 percent on aluminum, effectively placing a tax on every foreign shipment of those metals into the United States.

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.

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.

Mr. Trump appeared unmoved by the blowback, posting a series of Twitter messages on Friday defending his proposal to impose tariffs of 25 percent on steel and 10 percent on aluminum.

On Friday, the European Union threatened to retaliate by imposing tariffs of its own on some goods from America, including bluejeans, bourbon and motorcycles.

Trump gave U.S. steel producers a big gift in early March by imposing tariffs of 25 percent on steel imports from most foreign countries.

«It is unfortunate that President Trump has decided to impose tariffs of 25 percent on steel imports and 10 percent on aluminum imports.

His departure comes at President Trump prepares to impose tariffs of 25 % on foreign - made steel and 10 % on aluminum, sparking fears of a trade war.

Statutes written by previous Congresses will permit Trump to impose tariffs of whatever size he wishes upon whichever trading partners he has in his sights.

In January, President Donald Trump agreed to impose tariffs of about 30 % on imported solar panel technology.

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.

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.

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.

The delay came as the free trade wing of the White House, led by Cohn, disagreed with trade hawks in the administration on whether to impose tariffs.

Trump's tariffs impose a charge of about 10 cents a watt, according to Bromley.

A well known example of this strategy is the Tariff Act of 1816, which imposed 25 % taxes on British goods shipped to America in an effort to protect domestic manufacturing.

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.

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.

In theory, this boosts the economy of the country imposing tariffs.

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.

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

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.

In theory, if the U.S. were to impose a heavy tariff on another country, like say 20 %, it could cause the value of dollar to rise.

Still, he said there was no room for complacency and warned of the perils of trade protectionism amid fears that U.S. President Donald Trump will go ahead with plan to impose tariffs on steel and aluminum.

OTTAWA, May 1 (Reuters)- Canada has repeated its position that imposing punitive measures would hurt jobs in both countries, in reaction to U.S. President Donald Trump's decision to postpone the imposition of steel and aluminum tariffs.

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.

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.

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.

When other countries think of things we like to export to them and they could impose tariffs, that's the beginning of trade wars.»

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.

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.

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.