Trump reminds America tariffs once championed by Chuck Schumer and “Crazy Nancy”
WASHINGTON, D.C. — President Donald Trump said Wednesday that Democratic leaders Nancy Pelosi and Chuck Schumer had previously supported the use of tariffs, as he defended his administration’s trade policies and hinted…
China to adjust trade tariffs on some goods from Jan 1
BEIJING (Reuters) – China will adjust import and export tariffs on some goods from January 1, in order to speed and promote development and expand domestic demand, the finance ministry said on…
Philippines to cut tariffs on electric vehicles, parts
MANILA (Reuters) – A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr on Thursday approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs. Marcos will issue…
IMF chief warns on U.S.-China rivalry, calls Trump-era tariffs counterproductive
By Kanishka Singh (Reuters) – The head of the International Monetary Fund warned of risks to the global economy from the rivalry between China and the United States, while describing tariffs put…
Brazil’s Rumo profit soars on higher volumes, tariffs
SAO PAULO (Reuters) – Brazilian railroad operator Rumo SA reported on Thursday a six-fold jump in third-quarter profit, benefiting mainly from higher agribusiness cargo volumes in Brazil’s Midwest plus higher tariffs. Rumo’s…
Biden administration to maintain China tariffs while review continues
WASHINGTON (Reuters) – The Biden administration said on Friday it will keep tariffs on hundreds of billions of dollars worth of Chinese imports in place while it continues a statutory review of…
Importers paid $32 billion in U.S. tariffs on China tech imports-industry report
By David Lawder WASHINGTON – Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 to the end of 2021, a new…
Biden Poised To Lift Trump-Era Tariffs On China As US Economy Teeters On Recession: REPORT
Biden Poised To Lift Trump-Era Tariffs On China As US Economy Teeters On Recession: REPORT Max Keating on July 5, 2022 The Biden administration is reportedly planning to lift some tariffs on…
China extends anti-dumping tariffs on EU, UK steel fasteners imports
BEIJING – China’s commerce ministry said on Tuesday it would extend anti-dumping tariffs on certain steel fasteners imported from the European Union and United Kingdom for five years. The anti-dumping tariffs will…
China commerce ministry says the sooner U.S. tariffs are lifted, the sooner consumers will benefit
BEIJING – China’s commerce ministry said the sooner U.S. tariffs on Chinese goods are lifted, the sooner consumers and companies will benefit, ministry spokesperson Shu Jueting told a news conference on Thursday.…
Biden deciding on China tariffs, says he will speak with Xi soon
REHOBOTH BEACH, Delaware – President Joe Biden said on Saturday he was in the process of making up his mind on easing U.S. tariffs on China and planned to speak with Chinese…
Biden keeping “mind open” on relaxing China tariffs
WASHINGTON – U.S. President Joe Biden will keep an open mind when considering relaxing tariffs on Chinese goods, White House spokesman John Kirby said on Wednesday. Biden has said he is considering…
Cutting tariffs on Chinese goods benefit China, U.S. and world: Chinese ministry
BEIJING – Removing all additional tariffs on Chinese goods would benefit China, the United States and the world, China’s commerce ministry said on Thursday, after U.S. Treasury Secretary Janet Yellen said the…
Moderate Democrat seeks U.S. Treasury inflation study on tariffs
WASHINGTON – A moderate Democrat in the U.S. House of Representatives on Wednesday introduced legislation to require the U.S. Treasury to assess the inflationary impact of tariffs imposed by the Trump administration…
‘Build Back Beijing’: Biden Waives Solar Tariffs In Massive Win For Chinese Industry
‘Build Back Beijing’: Biden Waives Solar Tariffs In Massive Win For Chinese Industry Thomas Catenacci on June 6, 2022 President Joe Biden is set to use his executive authority Monday to issue…
Biden to exempt tariffs on solar panels from Southeast Asian countries for 24 months -source
WASHINGTON – U.S. President Joe Biden will issue a proclamation on Monday that will allow solar panels to be imported to the United States from Thailand, Malaysia, Cambodia and Vietnam without risk…
Biden says discussing dropping US trade tariffs on China
WASHINGTON – President Joe Biden said on Tuesday discussions are ongoing about potentially dropping U.S. trade tariffs on China that were imposed by his predecessor, Republican Donald Trump. “We’re discussing that right…
U.S. trade chief Tai says all tools on table to beat inflation, tariffs not top of list
By Andrea Shalal WASHINGTON – All tools are on the table to address rising inflation, including reductions of tariffs on Chinese imports, U.S. Trade Representative Katherine Tai said on Monday, but she…
Biden Admin Looks To Gut Chinese Tariffs In Latest Attempt To Shift Inflation Blame
Biden Admin Looks To Gut Chinese Tariffs In Latest Attempt To Shift Inflation Blame Thomas Catenacci on April 28, 2022 The Biden administration is mulling removing U.S. tariffs on Chinese “non-strategic” goods…
China says U.S. cutting tariffs on Chinese goods would be in interest of U.S. firms, consumers
BEIJING – China’s Commerce Ministry said on Thursday that if Washington cut tariffs on Chinese goods, it would be in the interests of U.S. firms and consumers. Gao Feng, ministry spokesman, made…
Americans Support Trump’s China Tariffs. So Why Are GOP Senators Trying To Tear Them Down?
Americans Support Trump’s China Tariffs. So Why Are GOP Senators Trying To Tear Them Down? Sebastian Hughes on April 22, 2022 Polling indicates Americans want to continue retaliating against China with tariffs,…
China commerce ministry says it hopes U.S. will remove tariffs on chinese goods as soon as possible
BEIJING – China’s commerce ministry hopes the United States will remove tariffs on Chinese goods and stop cracking down on Chinese firms as soon as possible, ministry spokersperson Shu Jueting told regular…
‘Directly Reward The Chinese Communist Party’: US Green Groups Under Fire For Opposition To Solar Tariffs
‘Directly Reward The Chinese Communist Party’: US Green Groups Under Fire For Opposition To Solar Tariffs Thomas Catenacci on April 11, 2022 Trade reform advocates are calling out the Solar Energy Industries…
U.S. and Japan strike deal on beef tariffs
By Andrea Shalal WASHINGTON – The United States and Japan on Thursday announced an agreement that will allow American farmers and ranchers to meet Japan’s growing demand for U.S. beef and lowers…
China hopes U.S. will scrap all tariffs on Chinese products: commerce ministry
BEIJING – China hopes the United States will scrap all tariffs on its goods as soon as possible after the U.S. reinstated 352 product exclusions from China tariffs, the commerce ministry said…
British Gas to raise UK energy tariffs from April 1
LONDON – Centrica’s British Gas said on Thursday it will raise its standard variable tariff from April 1 in line with energy market regulator Ofgem’s price cap increase. Earlier this month, Ofgem…
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