China lodges tariff case at WTO against the US

China lodges tariff case at WTO against the US

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Trump greets EU trade reprisals with threat of steep auto tariff

Trump greets EU trade reprisals with threat of steep auto tariff

WASHINGTON (Reuters) – President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars. Trump posted his threat on Twitter the day European Union reprisals took effect against U.S. tariffs on European steel and aluminum. The EU targeted $ […]

Trump puts 25% tariff on Chinese goods

Trump puts 25% tariff on Chinese goods

US President Donald Trump is to impose 25% tariffs on $ 50bn worth of Chinese goods, accusing Beijing of intellectual copyright theft. Tariffs that affect more than 800 products worth $ 34bn in annual trade are due to come into effect on 6 July. The White House said it will consider applying further tariffs to […]

As U.S. and China trade tariff barbs, others scoop up U.S. soybeans

As U.S. and China trade tariff barbs, others scoop up U.S. soybeans

CHICAGO (Reuters) – Escalating tensions between the United States and China have triggered a flurry of U.S. soybean purchases by European buyers, in one of the first signs that trade tariff threats lobbed between the world’s top two economies are disrupting global commodity trade flows. FILE PHOTO: Soybeans being sorted according to their weight and […]

White House opens door to tariff exclusions for some countries

WASHINGTON (Reuters) – The White House on Wednesday raised the possibility that U.S. tariffs on steel and aluminum imports could exclude a clutch of countries other than Canada and Mexico as pressure grew on U.S. President Donald Trump to impose targeted measures that would not harm America’s allies. Trump is set to authorize the steep […]

America’s Department of Commerce imposes a tariff of 292% on Bombardier’s C-Series jets

America’s Department of Commerce imposes a tariff of 292% on Bombardier’s C-Series jets

Flying away from Boeing A YEAR ago Dennis Muilenburg, the chief executive of Boeing, the American aerospace giant, had a problem. Tweets written by Donald Trump, America’s newly elected president, were hitting Boeing’s share price. Initially buoyed by Mr Trump’s promise of extra spending on defence, the firm’s share price fell in December 2016 when […]