Page 27 - Us Tariffs

US imposes tariffs on EU goods worth $7.5 bn; targets Airbus, wine, whisky

Wine from France, Spain and Germany will now face 25 percent tariffs

WTO approves US tariffs on $7.5 bn of EU goods in Airbus retaliation

The case began in 2004, when Washington accused Britain, France, Germany and Spain of providing illegal subsidies and grants to support the production of a range of Airbus products

You tax our wine, we'll hit back, says EU's Tusk on new US tariffs

Group of Seven leaders are meeting in Biarritz, France, Saturday amid mounting tensions over trade, climate and threats to the global economy

Donald Trump orders firms out of China as Beijing sets new duties

China on Friday said it would impose retaliatory tariffs on $75 billion of US goods, targeting crude oil for the first time and renewing punitive duties on American-made autos

S&P reaffirms B+ rating for Tata Motors, keeps outlook 'negative'

Ratings agency S&P has reaffirmed Tata Motors' long-term issuer and issue credit ratings to be 'vulnerable to nonpayment' while keeping the outlook negative. S&P Global Ratings said it has reaffirmed 'B+' on Tata Motors' long-term issuer and issue credit ratings while keeping negative outlook due to high cash burn at its British arm Jaguar Land Rover, geopolitical risks such as Brexit and the US tariffs, and India's automotive market slowdown. The ratings agency has also removed the company from CreditWatch stating geopolitical risks could take longer than expected to play out. "We expect Tata Motors' cash flow to stay negative at least for the next 12-24 months until global automotive demand recovers, the company's Chinese operations stabilise, and the expected cost cutting restores its financial health," S&P said in a statement. Tata Motors' first-quarter fiscal 2020 performance remained weak, despite expectations of a recovery over the next 12-24 months, it added. "In

Dell, HP, Microsoft & Intel oppose proposed tariffs on laptops, tablets

Implementing the proposed tariffs would increase US prices for laptops and tablets by at least 19 per cent, or around $120 for the average retail price of a laptop

India again postpones retaliatory tariff deadline on US products to June 16

These deadlines were extended several times since June 2018, when India decided to impose these duties in retaliation to a move by the US to impose high customs duties on steel and aluminium products

India may again extend retaliatory tariff deadline on US products: Report

The last extension on products like almond, walnut, and pulses will end on May 16.

India extends deadline to impose retaliatory tariffs on 29 US products

The implementation of increased customs duty on specified imports from US has has been postponed from March 2 to April 1

Hit by retaliations, US knocks WTO doors to resolve metals tariff issue

Canada, Mexico and China had also planned to ask for a WTO panel examining those tariffs

Automakers warn US tariffs will hurt industry, consumers alike, cost jobs

A coalition representing major foreign automakers said the tariffs would harm automakers and US consumers

Canada and Mexico retaliate with levies on billions of dollars of US goods

Canada and Mexico slap levies on American imports, including steel and farm products; EU also warns of action

US asks China to slash trade surplus by $200 billion

The talks ended with China's Xinhua news agency describing them as "constructive, candid and efficient" but with disagreements that remain "relatively big."

US trade delegation arrives in China for talks on tariffs

A breakthrough deal to fundamentally change China's economic policies is viewed as highly unlikely during the two days of talks

US, China trade war is on in Geneva as diplomats take a dig at each other

Trump has proposed tariffs on up to $150 billion in Chinese imports as punishment for what his administration sees as widespread violations of U.S. intellectual property rights

US-China trade war: India may become surprise victim, predicts Rabobank

Besides a possible trade war, a faster-than-expected tightening of US monetary policy will lead to capital outflows

US tariffs may trigger retaliatory action, hurt global growth: S&P

US President Donald Trump's decision to hike duties on steel and aluminium could result in retaliatory action from EU and China, triggering a trade war and hurting global economic growth, S&P Global Ratings said today. It said the overall economic impact of the tariffs on the United States in the near term is likely to be minimal, with a mixed impact on corporate sectors. "Posing a greater threat is the risk of retaliatory action by major US trade partners such as the European Union (EU) and China triggering a trade war, hurting American exporters, global trade, and global economic growth," S&P said. The US had last week raised import duties on steel and aluminium products to 25 per cent and 10 per cent, respectively. According to trade experts, the decision is unlikely to impact exports of these items to America. However, they have expressed fear that such protectionist measures would impact global trade. In a report titled, 'Global Trade at a Crossroad: US Steel and ...

Before Donald Trump, George W Bush tried steel tariffs but it didn't work

In early 2002, then-President George W Bush imposed steel tariffs of up to 30 percent on imports of steel in an effort to shore up domestic producers against low-cost imports

Trade war's first salvo? US tariffs on steel, aluminium should worry India

Mr Trump's desire to rejuvenate the US' industrial heartland is easily comprehensible, driven by the notion that globalisation has failed many parts of the mid-west

Why China, the big wolf of global steel industry, gains from US tariffs

China has been accused of dumping cheap steel on global markets