Tag: US tariffs

• Tuesday, May 28th 2019 - 09:35 UTC

  IMF contradicts Trump: US companies and consumers are paying for the higher tariffs on Chinese imports

  

  Companies in the United States are paying almost all the costs from tariffs on Chinese imports, International Monetary Fund (IMF) researchers said in findings that contradict US President Donald Trump's assertions that China is footing the bill.

• Thursday, May 23rd 2019 - 08:49 UTC

  President Xi tells China to prepare for increasingly complex and difficult times

  

  China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased tariffs in a bitter trade war with Washington.

• Thursday, May 23rd 2019 - 08:18 UTC

  At least a month before US imposes more tariffs on US$ 300bn of Chinese products

  

  The United States is at least a month from enacting its proposed tariffs on US$ 300 billion in Chinese imports as it studies the impact on US consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.

• Tuesday, May 14th 2019 - 09:50 UTC

  China announces higher tariffs on US produce; Trump expects to meet Xi in June in G20 summit

  

  United States President Donald Trump said on Monday that he would meet Chinese president Xi Jinping next month as the trade war between the world's two largest economies intensified, sending shivers through global markets.

• Thursday, April 11th 2019 - 06:45 UTC

  US/China closer to a deal: they agree to establish “enforcement officers”

  

  The United States and China have largely agreed on a mechanism to police any trade agreement they reach, including establishing new “enforcement offices,” U.S. Treasury Secretary Steven Mnuchin said on Wednesday.

• 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.

• Monday, July 23rd 2018 - 06:53 UTC

  Mexico and Canada optimistic about NAFTA trade talks with the US

  

  The finance ministers for Mexico and Canada on Sunday said they were optimistic about NAFTA talks with the United States, even as trade tensions spurred by U.S. tariffs dominated the G20 meeting of world economic leaders in Argentina.

• Tuesday, July 17th 2018 - 09:36 UTC

  China files WTO case against the US arguing tariffs are an illegal attempt of protectionism

  

  China's Ministry of Commerce announced it is pursuing legal remedy against the U.S. in a brief statement on its website — the latest in an escalating trade conflict between the world's two largest economies.

• Friday, July 6th 2018 - 10:56 UTC

  US tariffs on Chinese goods become effective: global trade war takes off?

  

  US President Donald Trump fired the biggest shot yet in the global trade war by imposing tariffs on US$ 34 billion of Chinese imports. China immediately said it would be forced to retaliate. The duties on Chinese goods started at 12:01am Friday in Washington, just after midday in China.

• Tuesday, July 3rd 2018 - 08:27 UTC

  EU/US auto industry dispute intensifies and prepares for worst case scenario

  

  European Union on Monday slammed the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some US$ 300 billion in U.S. goods amid signs of a brewing trade war.