Sentences with phrase «imposed tariffs targeting»

Not exact matches

Meanwhile, Wal - Mart, Target, Best Buy and Macy's are among the large US retailers that separately sent Trump a letter urging him not to impose punishing tariffs on goods imported from China, Reuters reported.

WASHINGTON / BEIJING, March 13 (Reuters)- U.S. President Donald Trump is seeking to impose tariffs on up to $ 60 billion of Chinese imports and will target the technology and telecommunications sectors, two people who had discussed the issue with the Trump administration said on Tuesday.

Advisers have been bitterly divided over how to proceed on the tariffs, including whether to impose them broadly on all steel and aluminum imports, which would ensnare allies like the European Union and Canada, or whether to tailor them more narrowly to target specific countries.

China has pledged to «counterattack with great strength» if Trump decides to follow through on his latest threat to impose tariffs on an additional $ 100 billion in Chinese goods — after an earlier announcement that targeted $ 50 billion.

Brussels has said it will impose retaliatory tariffs worth up to $ 3.5 billion targeting American - made motorcycles, whiskey and apparel.

After the analyst asked a question about whether the company could reach its 25 - per - cent gross margin target on the Model 3, chief financial officer Deepak Ahuja said recently imposed tariffs, more expensive commodities and higher labour costs factored into the company's guidance.

Now, the Trump administration is considering imposing new tariffs on steel imports, and while China is often the suggested target of such policies, another critical trading partner for the US would also be affected: the European Union.

It is being reported that President Trump is seeking to impose tariffs on up to $ 60 billion in Chinese imports and will target the technology and telecommunications sectors.

What usually happens in cases like this is that the country being targeted by tariff retaliates by imposing tariffs on the imports from that country.

EU nations promoted clean energy at vastly inflated costs through imposed renewable energy targets, tariffs and subsidies.

«Where the United States will likely target is where Canada has claimed a variety of exceptions...,» he says, such as where Canada has imposed punitive tariffs on imports.