Sentences with phrase «to impose tariffs»

The administration has also imposed tariffs on imported solar panels and washing machines.

Government policy in the last century addressed high labour costs by imposing tariffs to make it more economical to produce products locally than to import them.

It offered foreign countries duty - free access to its food and raw materials markets if they would agree to not impose tariffs on British industrial exports.

In theory, this boosts the economy of the country imposing tariffs.

There are many ways the president can impose tariffs without congressional approval.

So there is no need to impose tariffs where we have none now, and I don't think anyone sensible is contemplating this.

While he is wildly inconsistent in most policy realms, he has been persistent about his desire to impose tariffs on imports to boost struggling parts of the American economy.

This way does not impose tariffs for most countries.

In January, President Trump imposed tariffs of up to 30 percent on solar panels made abroad.

In this week's Last Call: President Trump imposes tariffs on steel and aluminum; Heineken attempts to acquire a majority stake in United Breweries; Three Floyds» expansion plans are approved; and more.

Markets are plunging on news of the U.S. imposing tariffs on steel and aluminum imports next week.

May 18, 2018 • China is one of the top export destinations for U.S. wine, but last month, in retaliation for U.S. tariffs on steel and aluminum, China imposed a tariff on U.S. wine and other food.

A shortage of skilled workers and rising commodity prices after the Trump administration imposed tariffs on steel and aluminum imports are starting to impact production.

So Trump's move may set off a domino effect of countries imposing tariffs in order to protect themselves.

Following lobbying by heavy industries, the US Congress is considering imposing tariffs on imports from China and other developing nations.

Newspaper publishers across the U.S. already strapped by years of declining revenue say they're dealing with an existential threat: Recently imposed tariffs on Canadian newsprint driving up their business costs.

Trade groups representing some of the biggest companies in America — Walmart, Target, Facebook, Boeing and IBM — have been urging the Trump administration to refrain from imposing tariffs against China, warning of the calamity it could cause for the economy by raising the costs of consumer goods.

The Trump administration has already imposed tariffs on steel and aluminum imports from most of the world, aimed primarily at curbing the excess production coming from China.

The U.S. government imposed tariffs of 266 percent on imports from China, with goods from Brazil, India, South Korea, Russia, Japan and the U.K. also subject to duties, the Commerce Department said in a preliminary decision Tuesday.

Peter Navarro: «The [tariff] proclamation will have a clause that does not impose these tariffs immediately on Canada and Mexico.

Senate Majority Whip John Cornyn of Texas said the speed at which Trump imposed the tariffs suggests he may have been trying to prevent anyone from talking him out of the action, which has been widely opposed by his own party and the energy industry.

America's growing trade deficit is one of President Trump's main arguments for imposing tariffs on China.

The system seems especially important today in light of big cases where the US is trying to unilaterally impose tariffs on Canadian softwood lumber and Canadian aircraft for allegedly violating rules governing fair trade.

President Donald Trump is reportedly looking at imposing tariffs on up to $ 60 billion of Chinese imports, according to Reuters.

Canada, the top supplier of steel and aluminum to the U.S., was spared in 2002 when former President George W. Bush imposed tariffs as high as 30 percent on steel.

For instance, if NAFTA disintegrates, the Canadian dollar and Mexican peso might depreciate, and perhaps could fall enough to offset newly imposed tariffs.

«The Commerce Department's recommendation to impose tariffs ignores history, and it ignores the reality that US manufacturing will ultimately be the loser with these protectionist policies,» Rep. Mark Meadows (R - NC), generally a consistent Trump defender, said.

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...

China's total aluminum exports in March rose to their highest since June, just as the United States imposed tariffs on imports of the metal and steel on March 23.

Asked how long Trump would negotiate with Chinese officials before imposing tariffs, Lighthizer said: «We'll see.

Lawmakers from the president's own party and leaders from around the world have warned Trump against imposing the tariffs, suggesting they could spark a global trade war that could hurt American exporters and ultimately raise costs for manufacturers that rely on a vast supply chain around the world.

The Commerce Department has imposed tariffs averaging more than 20 % on Canadian lumber shipments into the U.S. that have driven lumber prices to record highs and harmed housing affordability.

Well, Europeans will buy less whiskey if EU officials impose tariffs that double its price.

Then there was the risk of a trade war ignited by the White House imposing tariffs on certain products, an action that quickly prompted countries like China to erect trade barriers of their own.

When Pres. Obama imposed tariffs on Chinese tires, China retaliated by enacting heavy tariffs on American automotive parts and poultry entering the country.

Trade relations between the United States and China have already been strained as Trump has weighed imposing tariffs on up to $ 150 billion of Chinese imports.

The main point is that when a nation imposes a tariff on another nation's goods, it's a tax that, according to classical economics, generally raises the prices, and lowers the volume of sales, of those 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.

A day after Trump imposed tariffs targeting China, Ross didn't necessarily allay fears of a trade war.

The Remain campaign would have us believe the EU would impose tariff barriers in retribution, but the truth is we import nearly # 70bn more from the continent than we sell there, so it would be an absurd act of economic self - harm for the EU to start a trade war with Britain.

AK Steel Holding Corp. led a U.S. steelmaker rally after the Department of Commerce imposed tariffs of as much as 266 percent on imports of cold - rolled steel after determining they were priced unfairly.

Under existing laws, Mr. Trump could impose tariffs only on specific categories of imports, not whole countries, and only by demonstrating specific violations of trade rules, such as export subsidies.

And it strongly suggests that voters will not care if he never imposes tariffs on Canada no matter what happens with NAFTA.

The Commerce Department will impose the tariffs under a rarely used law that allows emergency trade sanctions for «national security.»

Multiple administration officials told POLITICO that Trump was unable to sign documents imposing the tariffs on Thursday because key paperwork had not yet been completed.

Trump has tried to avoid imposing tariffs on consumer goods because he realizes that that's unpopular.

Following President Trump's signing of a Presidential Proclamation imposing tariffs on steel and aluminum products from certain countries, U.S. Secretary of Commerce Wilbur...

Still, the Trump administration's decision to impose tariffs indicates that it is serious about turning decades of U.S. trade policy on its head, and that it might be willing to risk a trade war to get what it wants.

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.