US President Donald Trump signed an executive order on Saturday to impose a 10-percent tariff on goods imported from China. The latest US trade protectionist measure has drawn widespread opposition both domestically and internationally. The Whit...
According to reports, USA President Joe Biden could soon be quadrupling the tariffs on Chinese electric vehicles.As per reports, the tariff, which is currently 25%, could be increased to 100%, nearly eliminating a chance for the Chinese EVs to enter the
For China, an additional 10% tariff will be charged on goods coming from China, on top of any other tariffs until cracks down on fentanyl being smuggled out the country. 10% is lower than Trump threatened before. as a candidate, he has had pledged to slap 60% tariffs on all goods comi...
TMTPost -- The U.S. government finalizes action to increase the tariff rate of existing Section 301 duties and impose additional Section 301 duties on certain products of China in strategic sectors including electric vehicle (EV). Credit:Xinhua News Agency The Office of the United States Trade ...
Aluminum and steel are among the targeted products. According to Federal officials, the tariff rate on certain aluminum and steel products will increase from 7.5% to 25% in 2024. This is due to China’s overcapacity of the materials, which threatens to overwhelm high-quality, low-emissive U....
However, while the US has imposed additional tariffs on Chinese imports in the course of theUS-China trade war, beneath the headlines, the USTR has put in place a tariff exclusion process to exempt certain Chinese imports from additional tariffs. ...
TMTPost -- The U.S. government finalizes action to increase the tariff rate of existing Section 301 duties and impose additional Section 301 duties on certain products of China in strategic sectors including electric vehicle (EV). Credit:Xinhua News Agency ...
The ministry plans to impose 15 percent tariff on 120 types of products, like fruits, nuts, wine and seamless tubes, worth $977 million. A 25 percent tariff will be imposed on products that include pork and recycled aluminum products. A MOFCOM spokesperson was quoted as saying in the stateme...
TMTPost -- The U.S. government finalizes action to increase the tariff rate of existing Section 301 duties and impose additional Section 301 duties on certain products of China in strategic sectors including electric vehicle (EV). Credit:Xinhua News Agency ...
For China, an additional 10% tariff will be charged on goods coming from China, on top of any other tariffs until cracks down on fentanyl being smuggled out the country. 10% is lower than Trump threatened before. as a candidate, he has had pledged to slap 60% tariffs on all goods ...