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Stories tagged: tariffs

CIA: China is waging a ‘quiet kind of cold war’ against US

China is waging a “quiet kind of cold war” against the United States, using all its resources to try to replace America as the leading power in the world, a …

Veronique de Rugy: What goes around comes around – tariffs stuck on the spin cycle

American firms cheering for protectionism in the form of tariffs on their foreign competitors should be careful what they wish for. As they say, “What goes around comes around.” Case …

Japan’s Abe: US auto tariffs will cost US jobs, harm economy

Japan’s Prime Minister Shinzo Abe warned the U.S. on Friday that higher tariffs on auto imports would backfire and harm not only America’s jobs and economy but also devastate the …

Trump ups tariff threat, slams Fed, big U.S. trading partners

President Donald Trump has indicated that he’s willing to hit every product imported from China with tariffs and again criticized the Federal Reserve, as well as some of the nation’s …

UPDATED: Wed., July 18, 2018, 1:25 p.m.

Frustrated lawmakers threaten action on Trump’s tariffs

Lawmakers are losing patience with the Trump administration’s reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs.

Lawmakers warn Trump tariffs threaten local newspapers

About a dozen members of Congress warned Tuesday that newspapers in their home states are in danger of reducing news coverage, laying off workers or going out of business if …

U.S. challenges China, EU and others at WTO over steel tariffs

The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization for retaliating against American tariffs on imported steel and …

China files WTO challenge to US $200B tariff plan

China announced it filed a World Trade Organization challenge Monday to President Donald Trump’s latest tariff threat, stepping up its diplomatic efforts to counter U.S. pressure in a spiraling technology …

Greg Sargent: Trump’s delusions are about to blow up in his own voters’ faces

With the exception of the big, beautiful wall that is already being built on the southern border (in President Donald Trump’s mind, anyway), the issue that taps most directly into …

Badger hair, frog legs among niche products on Trump’s tariff list

U.S. trade officials have invited you to comment on their latest list of proposed import tariffs covering 6,031 categories of items from China. They may get an earful, as the …

UPDATED: Tue., July 10, 2018, 5:16 p.m.

US proposes tariffs on $200 billion more in Chinese imports

The Trump administration is readying tariffs on another $200 billion in Chinese imports, ranging from burglar alarms to mackerel, escalating a trade war between the world’s two biggest economies.

U.S. tariffs take effect, China warns of ‘counterattack’

The United States hiked tariffs on Chinese imports Friday and Beijing said it would be forced to make a “counterattack” in a dispute between the world’s two biggest economies that …

UPDATED: Thu., July 5, 2018, 6:39 p.m.

Bluster aside, U.S. and China vulnerable to pain from tariffs

The U.S. and Chinese governments have been flashing a lot of bravado just before firing the first shots in a conflict that risks erupting into a mutually damaging trade war. …

UPDATED: Wed., July 4, 2018, 3:19 p.m.

U.S. companies in China think the government is already messing with them

American business leaders fear these are the “qualitative measures” China warned it would unleash if President Donald Trump imposed tariffs on its exports to the United States.

UPDATED: Tue., July 3, 2018, 7:54 p.m.

Trade war hangs over U.S. job market set for more gains in June

President Donald Trump’s global trade war is posing a growing risk to the kind of robust job gains that the U.S. probably enjoyed again in June.

China to cancel more U.S. soy shipments as extra tariffs loom

Chinese companies are expected to cancel most of the remaining soybeans they have committed to buy from the U.S. in the year ending Aug. 31 once the extra tariff on …

UPDATED: Mon., July 2, 2018, 10:30 p.m.

Agriculture Secretary Sonny Perdue endorses work requirements for food assistance

Congress is preparing to reconcile two versions of the farm bill, a sweeping piece of legislation renewed every five years that governs an array of agricultural and food assistance programs, …

UPDATED: Mon., July 2, 2018, 10:19 p.m.

U.S. Agriculture Secretary Sonny Perdue seeks to allay farmers’ trade concerns

U.S. Agriculture Secretary Sonny Perdue sought to assure Eastern Washington agriculture and forestry leaders on Monday that American farmers will not bear the brunt of an international trade war. But …

Canada tariffs on U.S. goods from ketchup to lawn mowers begin

Canada began imposing tariffs Sunday on $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.

UPDATED: Sat., June 30, 2018, 2:28 p.m.

Trump’s own tariffs make it harder to rebuild infrastructure

President Donald Trump wants to rebuild the nation’s transportation infrastructure. He also wants to strengthen the U.S. steel industry through tariffs on imports. But that second goal could make it …

UPDATED: Fri., June 29, 2018, 11:32 a.m.

Canada announces final list of retaliatory tariffs

Canada announced billions of dollars in retaliatory tariffs against the U.S. on Friday in a tit for tat response to the Trump administration’s duties on Canadian steel and aluminum.

UPDATED: Wed., June 27, 2018, 8:06 p.m.

Tariffs will drive car prices up ‘dramatically,’ AutoNation CEO says

Auto prices in the United States will rise “dramatically” if the Trump administration imposes tariffs, AutoNation Chairman and CEO Mike Jackson said Wednesday.

UPDATED: Mon., June 25, 2018, 5:33 p.m.

Harley-Davidson, stung by tariffs, shifts some production overseas

Harley-Davidson, up against spiraling costs from tariffs, will begin to shift the production of motorcycles headed for Europe from the U.S. to factories overseas.

Popularity of tariffs on China may lead to pain

Farmers and workers would be hit hard if China imposes agricultural tariffs, targeting many counties that make up the president’s base.

India tariffs squeeze out U.S. pulse imports

Pulses such as peas, lentils and chickpeas are a staple of the Indian diet, found in flavorful dishes such as daal and chana masala. “Traditionally, India was our largest overseas …

Dana Milbank: Trump says trade wars are ‘easy.’ Here come the first American casualties.

President Trump believes that “trade wars are good, and easy to win.” So he started one. Now the casualties are beginning to return home from the battlefield, and on Capitol …

From boat makers to farmers, U.S.-led tariff war inflicts pain

A brawl that the United States provoked with its closest trading partners is starting to draw blood. On Friday, the European Union began imposing tariffs on $3.4 billion in American …

UPDATED: Fri., June 22, 2018, 4:20 p.m.

EU imposes tariffs on U.S. peanuts, motorcycles and whiskey

The European Union started enforcing tariffs Friday on American imports like bourbon, peanut butter and orange juice, part of a growing global trade rift that’s likely to intensify over the …

Whiskey tariffs hurting Dry Fly Distilling’s international sales

Dry Fly Distilling is losing international whiskey sales as a trade war develops between the U.S. and its allies.

UPDATED: Thu., June 21, 2018, 11:45 a.m.

Lawmakers rip tariffs enacted in name of national security

Pointing to damage done to home-state companies, lawmakers from both parties Wednesday criticized tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national …