Showing posts with label tariffs. Show all posts
Showing posts with label tariffs. Show all posts

Tuesday, July 17, 2018

US trade war could cost global economy $430 billion, IMF warns

US trade war could cost global economy $430 billion
The risk of current trade tensions escalating further is the greatest near-term threat to global growth, said the International Monetary Fund (IMF) in its latest World Economic Outlook report.

Friday, July 06, 2018

China Imposes Retaliatory Duties on 800 Goods from US

China Imposes Retaliatory Duties
The Chinese authorities have imposed 25% duties on imports from the United States worth about $34 bln a year, according to a statement by the Main Customs Administration of the People's Republic of China.

Saturday, June 23, 2018

EU Mulling Reciprocal Measures Against US Car Import Tariffs

EU Mulling Reciprocal Measures Against US Car Import Tariffs
The imposition of US tariffs on European Union vehicles and car parts could effect $300 billion in trade, and impact nearly all of the EU's member states, Bloomberg reported on Friday, citing the European Commission report obtained by the news agency.

Saturday, June 02, 2018

Canada Files WTO, NAFTA Litigation to Counter US 'Illegal' Tariffs

Canada Files WTO, NAFTA Litigation to Counter US 'Illegal' Tariffs
Ottawa filed a pair of complaints to the World Trade Organization (WTO) and the North American Free Trade Agreement (NAFTA) panel to address the US tariffs on Canadian metals, Foreign Affairs Minister Chrystia Freeland said in a statement.

Friday, March 09, 2018

EU "should be excluded" from US new steel tariffs: trade commissioner

EU "should be excluded" from US new steel tariffs
European Union (EU)'s Trade Commissioner Cecilia Malmstrom on Thursday night said the EU should be excluded from the new US tariffs on steel and aluminum imports.

Thursday, March 08, 2018

EU outlines plan to counter US steel, aluminium tariffs

The European commissioners
The European commissioners on Wednesday gave political endorsement to a proposal aiming to counter the possible US steel and aluminium tariffs, saying the EU stands ready to react "proportionately and fully" in line with the World Trade Organisation (WTO) rules once the US measures affect EU's interest.

EL News