Home Tags Tariffs

Tag: Tariffs

The US lifts tariffs on Chinese face masks and other medical supplies amid coronavirus outbreak

The Trump administration has offered tariff relief for more than 100 of medical items from China, according to data from the US Trade Representative.

‘Money and life and death’: Larry Summers calls for 4 economic policies to combat coronavirus

The former US Treasury Secretary wants accessible credit, tariff cuts, government spending, and multinational aid.
US President Donald Trump speaks about the economy while delivering remarks on the South Lawn of the White House in Washington, U.S., July 27, 2018.

The Trump administration targets Airbus with new European Union tariffs

US lawmakers and businesses have sharply criticized the tariffs of up to 100%, warning they would raise prices for American businesses and consumers.

The government has collected an extra $50 billion in tariffs since the start of the China trade war, according to new data

Evidence shows tariffs are paid almost entirely by American businesses and consumers. That defies Trump's assertions.

Trump and Xi think coronavirus could delay promised China purchases, Kudlow says

The coronavirus outbreak has closed businesses across China and disrupted global supply chains, adding to existing doubts about steep purchase quotas.

China slashes tariffs on $75 billion worth of US goods including soybeans and cars

Retaliatory tariffs will be reduced on $75 billion worth of US products including soybeans, pork and automobiles beginning February 14.

Global stocks climb on China tariffs cuts, US jobs data, and Wuhan coronavirus vaccine hopes

Chinese officials plan to halve duties on $75 billion worth of US goods.

Trump hails ‘blue-collar boom’ as factories and mines shed thousands of jobs

Manufacturing cut 12,000 jobs in December. Mining shed 8,000. About 10,000 jobs were lost in transportation and warehousing.

Trump’s favorite trade war scorecard posted its best figure in 6 years in 2019

Trump has long expressed frustration with the US trade balance and portrayed it as a scorecard of sorts in his economic battles.
U.S. President Donald Trump.

The Trump administration finalizes rule that could shift tariff fights to $6 trillion currency market

Past administrations have avoided such a policy because they argued that the determination process was flawed and could start damaging currency wars.