MercoPress, en Español

Montevideo, June 18th 2019 - 14:59 UTC

Tag: US goods

  • Thursday, February 28th 2019 - 09:15 UTC

    US trade deficit widens sharply in December: imports increase, exports drop

    The goods trade deficit jumped 12.8% to US$79.5 billion in December, boosted also by an increase in imports

    The US trade deficit widened sharply in December as slowing global demand and a strong dollar weighed on exports, another sign that economic growth slowed in the fourth quarter. Other data from the Commerce Department on Wednesday showed new orders for US-made goods barely rose in December and business spending on equipment was much weaker than previously thought, pointing to a softening in manufacturing activity.

  • Thursday, August 23rd 2018 - 08:21 UTC

    Despite trade talks, US and China will impose fresh tariffs beginning Thursday

    Tariffs come into effect as officials meet for talks in Washington. They are due to wrap up two days of negotiations on Thursday, but few hope for a breakthrough.

    United States and China are expected to impose fresh tariffs on US$ 16bn of each other's goods on Thursday as their tit-for-tat trade war rages on. The second round of tariffs will see a total of US$ 50bn worth of goods from each side that will now be taxed. Since the opening salvo in July, tensions between the world's two largest economies have escalated, hurting their companies and economies.

  • 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.