Rolling back tariffs on imports from China, a holdover from Donald Trump, could have eased inflation and supply chain woes of the U.S. that would perforce bite American consumers and importers; the U.S. President Joe Biden seems much too cautious to do so over fear of political backlash fr...
Washington's tariff hikes will also hit the U.S. toy industry hard given "how heavily we rely on China for toy manufacturing and how thin the profit margins already are," said Rebecca Mond, vice president of federal government affairs at the Toy Association, a 950-plus-membered industry gr...
Tariffs on China are Coming—Restrictions on Chinese Investment in the United States May Be NextJonesDay
Various uncertainties remain about the US’s latest tariff plans on Chinese imports, and China will take corresponding measures to reduce the negative impact, Chinese experts say. The White House on Tuesday announced plans to place a further round of tariffs on 200 billion US dollars’ worth of ...
In response, China has announced that it will raise additional tariffs on a range of U.S. imports from June 1, and "will fight to the end." Calling on the United States and China to reach a deal, Holland said barriers to trade do not foster long-term economic growth and will continue...
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Yellen made the remarks Thursday at Reuters Next, a virtual global conference held from Wednesday to Friday, during which she said the tariffs of up to 25 percent on hundreds of billions of U.S. dollars worth of annual imports from China "do contribute to the higher prices in the United ...
Moreover, the 100-percent EV tariffs against China will make it even harder for the United States to achieve its green agenda. The transportation sector constitutes 36 percent of the entire U.S. energy consumption. For the United States to shift towards renewable energy, changes must begin in...
Main Street and Wall Street are bracing as the United States prepares to levy more tariffs on China. President Trump on Thursdaydirected the US trade representativeto level tariffs on about $50 billion worth of Chinese imports. What's expected to happen ...
Officials say that China and the European Union are open to holding talks on the EU's recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles.