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Tag Archives: tariffs

Around 3,500 US companies are suing for Chinese tariffs imposed by Trump

WASHINGTON (Reuters) – Approximately 3,500 US companies, including Tesla Inc. TSLA.O, Ford Motor Co. FN, Target Corp. TGT.N, Walgreen Co. WBA.O and Home Depot HD.N. have sued the Trump administration in the past two weeks for imposing tariffs on more than $ 300 billion (£ 235.35 billion) of goods made in China. FILE PHOTO: A US dollar banknote with American …

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Exclusive: AT&T takes into account mobile phone tariffs that are subsidized through advertising

(Reuters) – AT&T Inc is considering offering cellular plans in a year, some of which are subsidized through advertising, CEO John Stankey said in an interview on Tuesday. The previously undisclosed consideration underscores AT & T’s commitment to the advertising business as the US telephone operator reviews its portfolio to identify assets for sale to ease the debt burden. AT&T …

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Exclusive: AT&T takes into account mobile phone tariffs that are subsidized through advertising

(Reuters) – AT&T Inc. TN is considering offering cellular plans in a year, some of which are subsidized through advertising, Chief Executive John Stankey said in an interview on Tuesday. The previously undisclosed consideration underscores AT & T’s commitment to the advertising business as the US telephone operator reviews its portfolio to identify assets for sale to ease the debt …

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Canada levies tariffs on US $ 2.7 billion goods after Trump rekindled the trade feud

Canada’s Deputy Prime Minister Chrystia Freeland attends a press conference as efforts to contain the spread of coronavirus disease (COVID-19) continue in Ottawa, Ontario, Canada on March 23, 2020. Blair Gable | Reuters Canada said Friday it would impose retaliatory tariffs on US goods valued at $ 2.7 billion. This is the latest development in a new trade feud sparked …

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Trump re-introduces U.S. tariffs on raw Canadian aluminum Trump News

The President of the United States, Donald Trump, has decided to impose 10 percent tariffs on some Canadian aluminum products to protect US industry from an “increase” in imports, which upset Ottawa and some US groups of companies. Canada promised retaliatory measures as tensions between its close allies increased just weeks after a new continental trade agreement between the US, …

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Trump reintroduces tariffs on Canadian aluminum

“Today, I signed a proclamation that defends American industry by re-imposing aluminum tariffs on Canada. Canada took advantage of us as usual,” Trump said during a speech in Ohio. “A few months ago, my government agreed to raise these tariffs in return for the government’s promise that the aluminum industry would not flood our country with exports and kill all …

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The United States is trying to protect the lobster industry and is threatening tariffs on China

FILE PHOTO: Lobsters are seen in a box after being brought in by a Lobsterman in Stonington, Maine, the United States, on July 5, 2017. REUTERS / Shannon Stapleton WASHINGTON (Reuters) – US President Donald Trump signed a memorandum to protect American lobster fishermen who have found export markets are drying up. “If these purchase commitments are not met, the …

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According to Cramer, Trump cannot impose tariffs on China with 30 million unemployed: “This is 1932”.

CNBC’s Jim Cramer warned Monday that the U.S. economy may currently be too weak to wage another trade battle with China, and prevented the Trump administration from launching a new tariff wave against Beijing. Cramer also compared the global economic crisis, saying that an increase in tariffs on China is now comparable to legislation at that time, which exacerbated the …

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