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Tag Archives: Tariff

China announces new tariff exemptions for some U.S. imports

FILE PHOTO: Chinese and U.S. flags flutter near the federal government before the U.S. trade delegation meets its Chinese counterparts for talks in Shanghai, China, on July 30, 2019. REUTERS / Aly Song BEIJING (Reuters) – China announced on Tuesday a new list of 79 U.S. products for which retaliatory tariffs waived at the height of the bilateral trade war …

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Trump reinforces the oil tariff threat amid the Saudi-Russia divide

(Bloomberg) – President Donald Trump has intensified threats to use tariffs to protect the US energy industry from a historic oil spill as efforts to forge a global deal to cut production appear to be losing momentum. Trump said at a press conference at the White House on Saturday that he would use tariffs to protect the domestic oil industry …

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Dow, S & P 500 and Nasdaq reach record levels after China and the US have agreed a gradual tariff cancellation

US. Equities traded higher on Thursday, with all three major benchmarks setting new records after Washington reached an agreement with Beijing to phase out scheduled import tariffs. The Russell 2000 benchmark index for smaller domestically focused companies, which were more resistant to the recent market recovery, also rose. How do the main benchmarks compare? The Dow Jones Industrial Average DJIA, …

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The US is considering extending tariff exclusions to Chinese imports

US. Trade Commissioner Robert Lighthizer (C) gestures in conversation with Chinese Vice Premier Liu He (R) as US Treasury Secretary Steven Mnuchin (L) after posing for a "family photo" at the Xijiao Conference Center in Shanghai on July 31st. 2019. Ng Han Guan | AFP | Getty Images The US is considering extending certain tariff exclusions for $ 34 billion …

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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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