Sentences with phrase «to increase tariffs»

A trade war would also increase tariffs and most likely the cost of consumer goods.

It may lead the other operators to increase tariffs which could result in loss of market share.

Earlier Wednesday, China announced increased tariffs on U.S. goods including cars, soybeans and whiskey amounting to roughly $ 50 billion.

As was observed above, the insurance companies gave car dealers acting as insurance intermediaries an incentive to sell their insurances by increasing the tariffs for repairs.

China's Customs Tariff Commission is increasing the tariff rate on eight imported U.S. products, including pork, by 25 percent.

Even with increased tariff talk and even rockier trading, the markets rebounded strongly Monday.

This Thursday President Trump responded to China's «unfair retaliation» against earlier U.S. trade actions and ordered officials to identify additional room for tariffs, with the goal of increasing the tariff total to US$ 100 billion.

It includes such things as a boarder adjustment tax, increased tariffs aimed at specific industries or countries, non-tariff barriers, and even broader multilateral measures.

This is especially notable for Ontario, as the province's sizeable manufacturing sector will be highly exposed to increased tariffs due to its integrated supply chain with the U.S. Analysts still expect the three countries will reach an agreement, however with the U.S. recent negotiation tactics (an example being the country's recently implemented steel and aluminium tariffs) the outcome remains uncertain.

President Trump tweeted that if Europe increases its tariffs and barriers, the US will «simply apply» a tax on their car imports to the US.

A recent ruling by the U.S. Department of Commerce dramatically increased tariffs on some Chinese steel products, such as cold - rolled steel, which is used to make appliances, cars and electric motors.

A letter signed by the Baltimore - based sports brand along with Nike, Naturalizer, Sperry, Stride Rite, Steve Madden and dozens of other brands says increased tariffs on footwear would amount to «new hidden taxes on every American who buys and sells shoes.»

In 2002, President George W. Bush increased tariffs to 30 percent.

Brussels trade commissioner, Cecilia Malmstrom, has reportedly confirmed that whiskey, peanut butter, cranberries and orange juice will all experience increased tariffs — though the whiskey tariffs will only be applied to «certain types».

It also organised a protest in the city of Port Harcourt against the federal government's inability to address the burning perennial fuel scarcity, zero megawatts and total lack of electricity amidst increased tariff and economic hardship unleashed on Nigerians by the Buhari administration.

So while I doubt that neither China nor the U.S. would be interested in a complete trade war, the likely options for China are to also look at what they import from the U.S. and selectively increase tariffs for targeted industries.

The statement further stated «25 years for the concession per our research will prevent the concessionaire (investor) from increasing tariffs.

When PURC increased the tariff, the NPP said when they come they will reduce the tariffs.

US moves towards increasing tariffs certainly haven't helped that sentiment.

A new investigation into crystalline silicon photovoltaic cells may result in increased tariffs on solar panels imported into the United States.

The United States is planning to increase tariffs for Japanese luxury cars and minivans to force open Japan's auto market, the Asian Wall Street Journal reported.

Profits at Plains GP Holdings (PAGP) surged thanks to higher crude oil pipeline volumes in North America, increased tariff rates, and the acquisition of a stake a the BridgeTex pipeline.

Second, when we think through the possible implications of some of Trump's proposals which have to do with increasing tariffs, the most immediate implication is increasing prices — which is inflation.

The country has also increased tariffs on many imported U.S. food and agriculture goods, including fruit, nuts and pork.

But before he makes any moves to increase tariffs on imports, he will have to consider how this would affect US businesses and, ultimately, jobs.

He warns that Brexit could lead to increased tariffs.

«This whole story is causing people to kind of take a step back because at the least it looks like you have an increasingly protectionist administration that is increasing tariffs and scuttling M&A,» Kessler told CNBC.

The CFO Council's outlook for GDP has been downgraded amid the increased tariff fears, including in three key global economies.

For months, Cohn was able to curb Trump's ambitions for increased tariffs and trade restrictions.

Catalonia could also face economic turmoil due to its separation for the European single currency, and increased tariffs on their goods and services.

Löfven, in his brief remarks, said, «Swedish prosperity is based on corporation competitiveness and free trade, and I'm convinced that increased tariffs will hurt us all in the long run.»

Two weeks ago, Jim Flaherty suggested that increasing tariffs was about leverage in trade negotiations, but Mike Moffatt notes that Canada is only currently known to be negotiating trade deals with seven of the countries that are now subject to higher tariffs.

The Prime Minister again raised the notion of special deals for China yesterday as an explanation for the government's decision to increase tariffs.

Trump announced the increased tariffs after consulting with US steel and aluminium producers.

For the U.S., tariff increases will affect categories such as consumer electronics and home appliances but will not directly target clothing and shoes — although these items could become more expensive due to increasing tariffs on the machinery used to produce them.

Ultimately, the increasing tariffs will be passed on to consumers, according to industry observers.

However, increasing tariffs on U.S. companies and consumers penalizes those that are seeking relief.»

«The fact is Conservatives are increasing the tariffs of over $ 300 million and even callously raising taxes on hospital parking.

The Ministry of Commerce announced on its website today (23 March) that it plans to impose tariffs on US$ 3 billion worth of American products including American wine, as the first stage of retaliations in response to the American government's decision to increase tariffs on Chinese steel and aluminum products, posing uncertainties for American wine exports to mainland China at a time when its export value saw a 10 % increase last year.

On leaving the European Union, the industry, which exported # 22 billion worth of goods in 2017, may suffer due to increased tariffs, limited access to labour and higher production costs associated with supply chain delays.

«explained to that the increment in cost of procuring raw materials to generate electricity was part of the reasons for increasing the tariff and that the best way to sustain the current stable power supply in the country.»

Earlier reports suggested that the President had ordered the PURC to increase tariffs to offset about $ 80 million debt owed by the Volta River Authority (VRA).

``... We are just getting into Christmas and you are increasing tariffs, is it not wickedness?

The Commission explained that it increased the tariffs after a «careful investigation» of proposals submitted by the utility service providers.

Aside from strong earnings throughout the sector, there were three policy factors driving solar stocks: strong Chinese solar demand; China's increased tariffs on polysilicon imported from South Korea, and better - than - feared trade tariffs recommended by the United States International Trade Commission (USITC).

«Ryerson University is working closely with other universities across Canada in supporting the Association of Universities and Colleges of Canada in its legal challenge to the increase tariff application made by Access Copyright.

«The increase in the average value of small RTA injury claims represents a «damages creep» above the rate of inflation, bolstering the argument for introduction of reforms such as the increasing tariff limit for whiplash claims.»