Tag Archives: Tariffs

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 …

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 …

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 …

October 11, 2019, by Bloomberg By Jenny Leonard (Bloomberg) — The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork for a broader deal that Presidents Donald Trump and Xi Jinping could sign later this year, according to people familiar with the matter. As part of the deal, China would …

PortandTerminal.com, September 11, 2019 If your company’s product is one of the 16 that China has just exempted from tariffs then congratulations. You dodged a bullet. Keep in mind though that it’s all just a token gesture aimed at getting good press (like this article) and signalling to Trump to settle the war before things get even worse for Americans. …

Associated Press, August 27, 2019 PORTLAND, MAINE – U.S. lobster exports to China have fallen off a cliff this year as new retaliatory tariffs shift the seafood business farther north. China, a huge and growing customer for lobster, placed heavy tariffs on U.S. lobsters — and many other food products — in July 2018 amid rising trade hostilities between the …

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 …

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 …

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 …