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Tag Archives: Tariff

Cramer disassembles the largest profit shares from Trump's tariff delay

Apple is the biggest beneficiary of the tariff delay of President Donald Trump, CNBC's Jim Cramer said Tuesday. The technology giants' iPhones and laptops are assembled in the country and have a 10% duty for shipment to America. These costs could have been passed on to consumers. Trump decided on Tuesday to reduce the amount of duties on goods from …

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The US eliminates some items from China tariff list and moves tariffs for others

The United States Commerce Agency said that on Tuesday certain articles were removed from the new China Customs List for reasons of "health, safety, security, national security and other factors", while tariffs for other articles were canceled by 15 April December would be postponed. Products in the group for which fees are being delayed include "cell phones, laptops, video game …

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China is reported to stop US agricultural imports in retaliation for Trump's tariff increase

A farmer pulls a planter through a soybean field on a peasant field near Buda, Illinois. Daniel Acker | Bloomberg | Getty Images According to the Bloomberg News, China has stopped importing US agricultural products, citing people who are familiar with the situation. This is a sensitive issue for President Donald Trump. The President said he had secured large amounts …

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Trump says "there will be no tariff reduction" imposed on China

Chinese President Xi Jinping and US President Donald Trump talk a day before their eagerly awaited bilateral meeting at a G20 event. Bernd of Jutrczenka | Image Alliance | Getty Images President Donald Trump said the 25% tariff currently in force in China for $ 250 billion would not be lowered after he met and agreed with President Xi Jinping …

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Donald Trump on India's tariff hike on US goods

President Donald Trump shakes hands with Indian Prime Minister Narendra Modi as they begin a meeting in the Oval Office at the White House in Washington, on June 26, 2017. Carlos Barria | Reuters U.S. President Donald Trump on Thursday asked India to withdraw the retaliatory tariffs that New Delhi has this month, calling the duties "unacceptable". India slapped higher …

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Trump defends migration agreements and says the tariff risk continues if Mexico fails to comply with its commitments

Mike DeBonis Congressional Reporter on the House of Representatives Felicia Sonmez National Reporter on the Washington Post Current Political News Team 9. June at 12:49 pm President Trump and his Deputy Homeland Security defended Sunday his new agreement with the Mexican government to curb migration on the southern border, beating Democrat critics – including allegations that at least some parts …

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