Sentences with phrase «metal tariffs»

The news came after President Donald Trump on Monday extended a temporary exemption from metal tariffs for...

The news came after President Donald Trump on Monday extended a temporary exemption from metal tariffs for the European Union, Canada and Mexico to June 1 just hours before the tariffs were due to come into effect.

Josh Nye, an economist with RBC Economics Research, said it's unlikely metals tariffs on their own would drastically change the central bank's thinking about whether it stays on a rate - hiking path.

* Trump says Canada, Mexico could see metals tariffs «come off».

A China - based business source with knowledge of discussion among senior European officials said there had been a «clear effort» by the U.S. government over the past six months to introduce a coordinated approach to Chinese industrial policy, but that Trump's proposed metals tariffs under section 232 of the Trade Expansion Act of 1962 had undermined support from Europe.

Back in Europe, Germany, France and the U.K. have joined forces against potential new tariffs from the U.S.. On Sunday, the three countries urged the U.S. administration to not apply metal tariffs to Europe.

New York City developers and builders certainly won't strike gold with the Trump administration's recent metal tariffs.

The news came after Trump on Monday extended a temporary reprieve from metal tariffs for the EU, Canada and Mexico...

The metals tariffs have caused some divisions within Trump's Republican Party, as steel and aluminum consuming industries have warned that higher prices would hurt their competitiveness.

Based on the responses, executives for firms directly hit by the metals tariffs are already seeing serious consequences.

Japan has announced that it would look to be exempted from the metal tariffs, though they came into effect on Friday.

Francis Rowe, chief economist at Aventicum, also told CNBC Tuesday night that China's response «has been muted» so far, given that it was already subject to metal tariffs.

According to Tobias Harris, the vice president of advisory firm Teneo, the economic impact of the metal tariffs should be small on Japan, but they could signal something much more important.

Jacobs added that the metal tariffs on their own are not a significant worry in itself, but said it was more concerning that people were exiting the U.S. administration, suggesting that there be more tariffs to come.

CFOs voiced strong opposition to metals tariffs, especially in the broader context: potential retaliatory moves taken by other countries.

«I'm getting calls from companies asking if they can petition for exemptions [from the metal tariffs],» said Doreen Edelman, a Washington - based trade lawyer with law firm Baker Donelson, told the South China Morning Post in an interview.

After Gary Cohn gave up leading the White House National Economic Council, thanks to Trump overriding his concerns and opting for those metals tariffs, the president found himself without a chief economic adviser.

The metals tariffs have caused some divisions within Trump's Republican Party, with steel - and aluminum - consuming industries warning higher prices would hurt their competitiveness.

Mexico and Canada have both threatened retaliation if Trump goes ahead with imposing the metal tariffs later this week.

A senior European diplomat in Beijing said China would be relieved to see Europe and Washington at odds over the metals tariffs.

A China - based business source with knowledge of discussion among senior European officials said there had been a «clear effort» by the U.S. government over the past six months to introduce a coordinated approach to Chinese industrial policy, but that Trump's metals tariffs had undermined European support.

The European Union remains unsatisfied after the White House's move to extend a decision on metal tariffs.

There has been no indication any countries will be spared, although Peter Navarro, director of the White House National Trade Council, said on Sunday there would be a mechanism to exempt some businesses from the metals tariffs.

The president of Chile, China's foreign minister and the head of the European Central Bank all weighed in on President Trump's metals tariffs.

The president has steadily winnowed free - trade advocates from the ranks of his cabinet, and these measures are unlikely to draw the wall of opposition from Republicans that the metal tariffs did.

Malmström said the EU has serious doubts about that rationale, describing the metal tariffs as «an economic safeguard measure in disguise.»

Canada may have dodged this most recent bullet, but the administration has now tied a successful NAFTA negotiation to the metals tariff exemption.

China responded to the metal tariffs with its own tariffs on $ 3 billion of US exports to China, including fruits, wine, nuts and pork.

Unlike the metal tariffs, which caused bitter divisions within the Trump administration and were opposed by many Republican lawmakers and businesspeople, the technology moves against China are likely to be politically popular on Capitol Hill and throughout some industries.

He said the plans to tax the American goods, produced in the home states of key Republican leaders, had not yet been finalized, but amounted to treating them «the same way» that European products would be handled if the metals tariffs go through.

Canada may have dodged this most recent bullet, but the administration has now tied a successful NAFTA negotiation to the metals tariff exemption.