Sentences with phrase «imposing tariffs»
Following lobbying by heavy industries, the US Congress is considering imposing tariffs on imports from China and other developing nations.
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They rectify the behavior that has given so much steam to the idea of imposing tariffs on them on the first place.
It would be hard for the United States to «get away» with imposing tariffs if it wasn't an open secret that China engages in unfair trade practices / has unnaturally low costs due to nonexistent / unenforced labor / environmental regulations.
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.
CEOs from some of America's leading food and beverage companies and trade associations have joined the American Beverage Association, Beer Institute, and Can Manufacturers Institute in sending a letter to president Donald Trump requesting that he refrain from imposing tariffs or import restrictions on cansheet, primary aluminium, and scrap.
Notably, China exported only $ 976 million of steel and $ 1.8 billion of aluminum products to the United States, or just 6 percent of the $ 46 billion of US steel and aluminum imports over which Trump is imposing tariffs.
By imposing tariffs, President Trump is sticking to his campaign pledge to rebalance the nation's widening trade deficit with the rest of the world.
Trump administration avoids a possible trade war with Europe by putting off decision on imposing tariffs on US imports of steel and aluminum.
The deadline for the administration to act on possibly imposing tariffs on washing machines from around the world, and particularly from China, comes a little more than a week later, on Feb. 3.
White House economic adviser Gary Cohn is making a desperate final attempt to change Trump's mind on imposing the tariffs by bringing leaders of industries that will be hurt by the tariffs to meet with the president at the White House on Thursday.
On Thursday, Trump ordered his chief trade negotiator to consider imposing tariffs on an additional $ 100 billion of Chinese products.
The terror group began utilizing methods of extortion and imposing tariffs.
This is a much larger political task than simply imposing tariffs, and is well beyond the scope of any proposals made either by President Trump or previous administrations.
«Imposing tariffs on soybeans looks problematic,» said Julian Evans - Pritchard, a China economist at research firm Capital Economics, in a note to clients.
Asked how long Trump would negotiate with Chinese officials before imposing tariffs, Lighthizer said: «We'll see.
«The President - elect talked about imposing tariffs on imported goods from China,» Brenner says.
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.
On Friday, the European Union threatened to retaliate by imposing tariffs of its own on some goods from America, including bluejeans, bourbon and motorcycles.
In imposing tariffs on products from China and elsewhere, the Trump Administration intends to protect and promote US companies and workers.
President Donald Trump at the last minute on Monday evening announced he would again postpone imposing tariffs on steel and aluminum imports from Canada, Mexico and the European Union, the White House said, pushing off a key economic decision while he...
It's the biggest holder of Uncle Sam's liabilities, so in theory the People's Republic has leverage as the White House mulls imposing tariffs.
In exchange, the incoming administration could ease up on regulation for businesses and cool campaign rhetoric on imposing tariffs.
Trump has tried to avoid imposing tariffs on consumer goods because he realizes that that's unpopular.
President Trump has delayed his decision on whether or not the US will be imposing tariffs, and it's making the whole world uneasy.
Senator John Cornyn of Texas expressed concern on Friday that America's trading partners might respond by imposing tariffs on agriculture, which he said would «devastate our agricultural communities.»
A letter dated Sunday and signed by 45 industry trade groups says that imposing tariffs would only hurt US businesses and consumers and would not be an effective way to reign in China's worst practices.
«The Administration should not respond to unfair Chinese practices and policies by imposing tariffs or other measures that will harm U.S. companies, workers, farmers, ranchers, consumers, and investors.»
President Trump put China squarely in his cross hairs on Thursday, imposing tariffs on as much as $ 60 billion worth of Chinese goods to combat the rising threat from a nation that the White House has called «an economic enemy.»
Markets are plunging on news of the U.S. imposing tariffs on steel and aluminum imports next week.
It's long been rumored that one of the main things keeping Cohn from leaving the White House was his desire to stop Trump from imposing tariffs on steel.
For months, congressional Republicans and President Donald Trump's top economic adviser have been trying to convince the president that imposing tariffs on steel and aluminum imports is a bad idea.
For months, congressional Republicans and Trump's former top economic adviser Gary Cohn — who resigned from office this week — have been trying to convince the president that imposing tariffs on steel and aluminum imports is a bad idea.
By imposing tariffs on steel and aluminum imports, President Donald Trump is proposing a 19th century strategy in the context of a 21st century global economy.
The White House said Monday it would postpone a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. prepares...
Politico reports that congressional Republicans are considering legislation that would prevent Trump from imposing his tariffs.
The White House said Monday it would postpone a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. prepares for tense trade talks in China this week.
The European Union has threatened to retaliate by imposing tariffs on all - American imports such as Harley - Davidson motorcycles and Kentucky bourbon.
But Trump maintained the threat of imposing the tariffs if the two countries didn't renegotiate NAFTA to suit him.
Top economic adviser Gary Cohn announced his resignation on Tuesday, after he was unable to convince Trump that imposing tariffs would spark an unproductive trade war.
«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.
By imposing tariffs on steel and aluminum imports, U.S. President Donald Trump is proposing a 19th century strategy in the context of a 21st century global economy.
So Trump's move may set off a domino effect of countries imposing tariffs in order to protect themselves.
So affected countries would be obliged to exact compensation by imposing tariffs or other measures on goods that they import from the United States.
U.S. Representative Bill Pascrell, the senior Democrat on the Ways and Means trade subcommittee, said he was skeptical about the merits of imposing tariffs.
Donald Trump talks a lot about imposing tariffs on Mexico and China.
America's growing trade deficit is one of President Trump's main arguments for imposing tariffs on China.
«I told the president that imposing tariffs on steel and aluminum does not help with regard to NAFTA,» Trudeau said Monday.
President Donald Trump is reportedly looking at imposing tariffs on up to $ 60 billion of Chinese imports.
The latter is set to take the decision to the World Trade Organization (WTO) and has prepared countermeasures that include imposing tariffs on certain U.S. products.
«Imposing tariffs or putting up trade barriers may sound good, but it will hurt our economy and credibility,» said Wendy Cutler, the former acting deputy U.S. Trade Representative who helped lead U.S. negotiations in the 12 - nation Trans - Pacific Partnership trade deal last year.