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MercoPress, en Español

Montevideo, April 24th 2024 - 04:51 UTC

Tag: Global Trade War

  • Monday, July 2nd 2018 - 08:17 UTC

    Canadian retaliatory tariffs of US$ 12.6bn on US goods became effective

    Some U.S. products, mostly steel and iron, face 25% tariffs, the same penalty the United States slapped on imported steel at the end of May.

    Canada began imposing tariffs Sunday on US$12.6 billion in U.S. goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States. Some U.S. products, mostly steel and iron, face 25% tariffs, the same penalty the United States slapped on imported steel at the end of May.

  • Monday, June 25th 2018 - 08:13 UTC

    EU imposes retaliatory tariffs on US goods: bourbon, motorcycles, orange juice

    European Commission President Jean-Claude Juncker said duties imposed by the US on the EU go against “all logic and history”.

    The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump's trade policy. The duties on €2.8bn worth of US goods came into force on Friday. Tariffs have been imposed on products such as bourbon whiskey, motorcycles and orange juice.

  • Saturday, May 26th 2018 - 09:29 UTC

    Protectionism the “darkest cloud” for the solid upswing of the global economy

    “The good news today is that the sun is shining on the global economy”, after a decade of difficult time, the economy that is doing well, Lagarde said

    The threat of trade protectionism is the biggest concern looming over a solid upswing in the global economy, IMF managing director Christine Lagarde said. The “darkest cloud” on the economic horizon is the “determination of some to actually rock the system that has actually presided over the trade relationships that we have all undertaken and enjoyed to some extent over the last many decades”, said Lagarde.