Sentences with phrase «imposing high import tariffs»

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.

Not exact matches

Trump has also threatened to impose an unrealistically high 45 percent tariff on Chinese imports, prompting U.S. companies operating in the Asian country to fear «retribution.»

WASHINGTON Ordering combative action on foreign trade, President Donald Trump declared Thursday the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of higher prices for American consumers and companies.

This was particularly evident when trade war fears picked up on Trump's announcement about imposing higher tariffs on imported steel and aluminum.

And if, in retaliation, the UK were to impose tariffs on imports, this would result in higher prices for the British consumer.

A surprise announcement by the U.S. to impose tariffs on steel and aluminum imports sent markets reeling as it raised the specter of weaker growth and higher inflation.

Note also that this reasoning implies that a country can increase the welfare of its residents by imposing tariffs on imports of high wage industry products (provided other countries don't retaliate).