Sentences with phrase «tat tariffs»

The report suggests Trump adviser Stephen Schwarzman's recent reassurances on NAFTA should not be taken at face value because the softwood lumber dispute might unleash a round of tit - for - tat tariffs.

Possible impact of higher tariffs — If tit - for - tat tariffs escalate and are implemented, then they could trim the outlook for economic growth — and U.S. consumers and producers could feel the biggest effects.

After a series of tit - for - tat tariffs between the economic giants, there has been widespread concern that these moves could lead to a trade war which would slow down Chinese growth and trigger a global recession.

If a full - fledged cycle of tit - for - tat tariffs between Washington and Beijing breaks out, US businesses — and US consumers — could pay a heavy price.

President Xi Jinping promised on Tuesday to open the country's economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse the increasingly bitter dispute with the United States and possibly open the way for the start of negotiations after both sides threatened tit - for - tat tariffs.

Thomas J. Donohue, the president of the U.S. Chamber of Commerce, said Tuesday that there were «serious, growing and legitimate challenges» about Chinese practices, but he also cautioned against the effect of a tit - for - tat tariff war.

First, the tit - for - tat tariff threats by the United States and China may compel companies to delay investment plans.

The delegation's trip comes amid a tit - for - tat tariff war between the world's two largest economies that could escalate if the Trump administration follows through on a threat to impose tariffs on up to $ 150 billion of Chinese imports.

Stock market volatility continued on Wednesday, mainly due to worries that tit - for - tat tariff retaliation between the U.S. and China could escalate into a trade war.

Not exact matches

China's ballooning trade surplus with the United States has dominated geopolitical and financial market headlines over the past month with both sides announcing proposed tariffs on the others imports, creating concerns over the = tit - for - tat trade spat to escalate into something far more sinister.

The Trump administration's tit - for - tat with Beijing over potential tariffs has ushered in a high - stakes standoff over the future of trade between the world's two largest economies.

A trade war is when two countries pursue tit - for - tat protectionism against each other — they take turns blocking the other country's exports with tools like tariffs (border taxes) and quotas (caps on imports).

The Smoot - Hawley Tariff Act of 1930 was followed by tariff increases by Canada and Europe in tit - for - tat restrictions that greatly slowed the US and global recovery from the Great DepreTariff Act of 1930 was followed by tariff increases by Canada and Europe in tit - for - tat restrictions that greatly slowed the US and global recovery from the Great Depretariff increases by Canada and Europe in tit - for - tat restrictions that greatly slowed the US and global recovery from the Great Depression.

More broadly, economist Douglas Irwin notes how the 1930 tariff «was very damaging from the standpoint of U.S. commerce» because it sparked tit - for - tat trade discrimination against the U.S. and «diverted existing trade away.»

The tit - for - tat moves also follow enactment of the White House's previously announced tariffs on steel and aluminum.

It is too early in the trade tariff tit - for - tat to tell how they might effect major manufactures going forward, but it would be hard to believe that they will be good for US based companies.

Hours after both the United States and China detailed plans for sweeping tariffs, trade groups warned that a tit - for - tat trade war between the world's two largest economies will have no winners.

It began with a set of tariffs that were designed to hit China's steel and aluminum industry, but it has quickly morphed into a disastrous tit - for - tat that is striking at the core of President Trump's political base.

But while the industry applauds the Trump administration's efforts to rebalance unfair, global trade relationships — and certainly the World Trade Organization's anti-dumping measures have been largely ineffective to date — protectionist policies like tariffs will disrupt the complex, global supply chains on which manufacturers rely and stoke the flames of a tit - for - tat trade war.

Trump's tariff tweets baited China into a rapid, tit - for - tat escalation that threatens Illinois» top economic driver: our agricultural producers.

The country has promised to «take a tit - for - tat» approach if the President - elect follows through with his campaign promise and imposes a 45 percent tariff on imports from China.

In a tit - for - tat response to tariffs by President Donald...