Tag: Tariffs

• Tuesday, April 16th 2019 - 09:18 UTC

  EU and US set to begin trade talks, but farm goods remain a contentious issue

  

  President Donald Trump and the head of the European Commission, Jean-Claude Juncker, agreed last year that they wanted to reduce trade barriers. The decision by EU ministers gives the Commission authorization to conduct formal talks.

• Monday, March 25th 2019 - 08:30 UTC

  US/China face to face trade talks to continue in Beijing this week

  

  US officials plan to travel to China next week to resume face-to-face talks aimed at ending a trade war between them, the White House has confirmed. And Chinese officials will travel to the US for further talks in Washington in early April.

• Tuesday, February 19th 2019 - 09:20 UTC

  US/China trade talks resume in Washington... and are going “extremely well”

  

  US-China trade talks aimed at ending a damaging tariff war will resume from this Tuesday in Washington, the White House has announced. The last set of talks ended Friday in Beijing with no deal, though US President Donald Trump said the discussions were going “extremely well” and suggested he could extend a Mar 1 truce deadline for an agreement to be reached.

• Tuesday, February 19th 2019 - 08:57 UTC

  Trump's promise to Juncker: no additional import tariffs on EU cars... For the time being

  

  United States President Donald Trump has promised European Commission President Jean-Claude Juncker that he will not impose additional import tariffs on European cars for the time being, Juncker was quoted in a published interview as saying on Monday.

• Wednesday, December 12th 2018 - 08:41 UTC

  China prepared to cut tariffs on US-made cars to 15%, reports Bloomberg

  

  China has reportedly proposed cutting tariffs on US-made cars to 15%, the same tax levied on car imports from other countries. Bloomberg reported that China's cabinet will review the plans, which would undo the 40% import duty China imposed on US cars this summer.

• Saturday, November 24th 2018 - 09:10 UTC

  Prudent optimism that China and US can reach a trade understanding in Buenos Aires

  

  The United States and China have in the coming week what may be their last chance to broker a ceasefire in an increasingly dangerous trade war when their presidents meet in Buenos Aires.

• Friday, November 9th 2018 - 08:41 UTC

  China exports and surplus remain strong while imports started to pick up

  

  China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. Import growth also defied forecasts for a slowdown, suggesting Beijing’s growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt.

• Wednesday, October 31st 2018 - 08:52 UTC

  Beijing concerned a weaker Yuan could further trigger trade war with the U.S.

  

  The Chinese Yuan weakened to a decade low on Tuesday on concerns over China's slowing economy and the US trade war, but Beijing was expected to prevent it breaking the psychologically important 7 Yuan per dollar barrier. The Yuan drifted past 6.96 to the dollar, hitting its weakest levels since May 2008.

• Thursday, September 27th 2018 - 09:17 UTC

  China unveils plan to cut tariffs on over 1.500 industrial products

  

  China on Wednesday unveiled plans to cut tariffs for products including machinery, electrical equipment and textile products beginning on Nov. 1, as the country braces for an escalating trade war with the United States.

• Wednesday, September 19th 2018 - 08:50 UTC

  Tit for tat: China adds US$ 60bn of US imports to its tariff retaliation list

  

  China and the United States plunged deeper into a trade war on Tuesday after Beijing added US$60 billion of US products to its import tariff list in retaliation for President Donald Trump's planned levies on US$200 billion worth of Chinese goods.