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Monday, September 28th, 2020
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Tag Archives: Tariffs

Trump Threatens Tariffs for U.S. Companies That Won’t Move Jobs Back

American flag flying in front of Chinese emblem

BLOOMBERG, AUGUST 21, 2020 Navarro says ‘tariffs mean more American jobs’ in statement | Unclear whether White House is developing new policy By Saleha Mohsin, Justin Sink, and Mario Parker – President Donald Trump threatened Thursday that if he’s re-elected, he’ll impose tariffs on U.S. companies that refuse to move jobs back to the country from overseas. “We will give tax credits to …

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U.S. slaps French goods with 25% duties in digital tax row, but delays start date

Handbags on store shelf. Louis Vuitton

REUTERS, JULY 10, 2020 WASHINGTON (Reuters) – The Trump administration on Friday announced additional duties of 25% on French cosmetics, handbags and other imports valued at $1.3 billion in response to France’s digital services tax, but would hold off on implementing the move for up to 180 days. The U.S. Trade Representative’s office said delaying the start of the tariffs …

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President Trump Threatens European Union Auto Tariffs Over Lobsters

lobster boat

BLOOMBERG, MAY 6, 2020 By Jordan Fabian and Jenny Leonard for Bloomberg –President Donald Trump threatened to impose tariffs on cars made in the European Union and on unspecified Chinese products unless the trading partners reduce their duties on U.S. lobster. “If the European Union doesn’t drop that tariff immediately, we’re going to put a tariff on their cars, which …

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Trump Jacks Up Tariffs on Chinese Imports in Latest Trade Tit-for-Tat

Reuters, August 25, 2019 WASHINGTON, Aug 23 (Reuters) – President Donald Trump said on Friday the United States would subject Chinese imports to an additional 5% tariff in response to what he called a politically motivated move by China to impose tariffs on $75 billion worth of U.S. exports. “Sadly, past Administrations have allowed China to get so far ahead …

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Trump’s Trade War: Please stop it. Washington state does a lot of business with China.

PortandTerminal.com, August 24, 2019 WASHINGTON, OR – China is imposing new tariffs on $75 billion worth of U.S. goods. Among the many Washington State products that could be impacted — soybeans and aircraft as well as seafood, apples, wheat and hay. The tariffs could also seriously impact our ports in Puget Sound. Washington state does a lot of business with …

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Farmers: “We are not starting to do great again, we are starting to go down very quickly”

Farmer standing in his field

PortandTerminal.com, August 8, 2019 President Trump’s overwhelming support in rural America was crucial to his narrow 2016 election victory. Maintaining farmer’s backing remains critical to his re-election bid, but cracks are starting to show in that support WASHINGTON – As President Trump prepares for his 2020 reelection campaign, the last thing he needs is a big drop in the American …

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China Turns Back to Brazilian Beans After Trade War Escalation

Soybeans being harvested

Bloomberg News, August 2, 2019 Chinese buyers are turning to Brazilian soybeans after another escalation of tensions between the U.S. and China. Buyers from the Asian nation are bidding for Brazilian soy for shipment in August, September and October, according to people familiar with the matter who asked not to be identified because talks are private. China is seeking to …

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