Tag Archives: tariffs

The United States marked the first anniversary of Russia’s war with Ukraine on Friday by announcing new sanctions against Russia and its allies, new export controls, and tariffs aimed at undermining Moscow’s ability to wage war. Washington also said it would provide another $2 billion in weaponry for Kyiv as …

The United States and European Union are expected to announce a deal to resolve a long-running trade dispute over U.S. steel and aluminum tariffs this weekend, easing a major transatlantic trade irritant, five people familiar with the agreement said. Two of the sources said the agreement, details of which were …

The leaders of the European Union and the United States are set to commit at a summit in Brussels next week to ending their transatlantic trade disputes and to call for a new study into the origins of COVID-19, according to a draft communique. The seven-page draft, seeks to show …

A bipartisan group of 13 U.S. senators has asked the U.S. Trade Representative’s Office (USTR) to remove 25% tariffs imposed in October 2019 on European Union food, wine, and spirits, according to a letter seen by Reuters. The tariffs, in retaliation for EU subsidies on large aircraft, hit French wine, …

Canada will slap retaliatory tariffs on C$3.6 billion ($2.7 billion) worth of US aluminum products after the United States said it would impose punitive measures on Canadian aluminum imports, a senior official said on Friday. Deputy Prime Minister Chrystia Freeland told a news conference the countermeasures would be put in …

U.S. stocks fell at open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future. The Dow Jones Industrial Average .DJI fell 224.94 points, or 0.92%, at …

European shares reversed course and edged lower on Wednesday as US President Donald Trump threatened to impose high tariffs on imports of cars from the European Union, pushing automobile stocks to a three-month low. Speaking at the World Economic Forum in Davos, Switzerland, Trump warned of the tariffs if the …

U.S. President Donald Trump on Friday said he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, throwing a new twist into the bitter trade war between the world’s two largest economies. Trump said on Twitter he will issue a response …

Amid the ongoing trade war with the US, China appears to be “rolling out the red carpet for the rest of the world,” reducing tariffs on countries competing with the US, an international economics think tank says. Beijing is not sitting idly by, waiting to see who can outlast the …

US President Donald Trump has inadvertently revealed some details of his immigration deal with Mexico. He refused to discuss the plans with reporters, saying they were “secret”. But he said this while waving around a sheet of paper that had the specifics of the deal written on it – which …

The Norwegian government has ordered a re-evaluation of a major project to transfer electricity to the United Kingdom amid growing uncertainties about Britain’s withdrawal from the European Union. Norway’s oil and energy ministry said in a statement on Thursday that there was a need for the privately-owned NorthConnect to reassess …

US President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States. Tensions between the world’s two largest economies have risen sharply …