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Tag Archives: Tariff Wars

Port of Los Angeles exec says “weaponization of tariffs” is the new normal in trade

Gene Seroka, executive director of the Port of Los Angeles

Reuters, January 17, 2020 By Lisa Baertlein LOS ANGELES (Reuters) – The executive overseeing the busiest U.S. gateway for ocean trade with China on Thursday said the “weaponization of tariffs” to advance U.S. policy interests may now be the “new normal.” The comments from Port of Los Angeles Executive Director Gene Seroka came just a day after U.S. President Donald …

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Many favorite European goods hit by new US tariffs

PortandTerminal.com, October 18, 2019 A fresh round of U.S. tariffs on $7.5 billion in European goods takes effect Friday in retaliation for what the World Trade Organization decided were illegal EU subsidies for airplane maker Airbus. WASHINGTON, DC – The US imposed 25% tariffs on $7.5bn on some favorite goods from the European Union (EU) just after midnight in on October 17th. The …

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