Tag: tariffs

Three years back, the Trump administration slapped a 10 percent tariff on aluminum imports and a 25 percent tariff on steel imports on the grounds that these were necessary to protect the industries in America. In an interview with MSNBC, the Biden administration’s commerce secretary, Gina Raimondo, admitted that Trump’s decision was correct.
Biden Commerce Chief: Trump Tariffs on Steel and Aluminum are Effective
Three years back, the Trump administration slapped a 10 percent tariff on aluminum imports and a 25 percent tariff on steel imports because these were necessary to protect the industries in America. In an interview...
During the Trump administration, Washington slapped tariffs on Chinese imports due to Beijing’s unfair trade practices.
US Trade Rep: China Tariffs to Remain in Place
During the Trump administration, Washington slapped tariffs on Chinese imports due to Beijing’s unfair trade practices. The Biden administration’s U.S. Trade Representative Katherine Tai revealed in an interview with the Wall Street Journal that the...
The US, EU Suspend Tariffs Triggered by Airbus-Boeing Conflict
The United States and the European Union have agreed upon temporarily suspending all tariffs imposed on each other as punishment for Boeing and Airbus’s subsidies. The suspension will be in effect for four months. It...
Trump Announces New Tariffs, Covering Almost All Chinese Exports
On Aug. 1, the day after U.S. and Chinese trade officials met in Shanghai to restart talks, U.S. President Donald Trump said via Twitter that his administration would impose new tariffs on US$300 billion worth...
Trump Could Maintain Tariffs on China for a ‘Substantial Period’
Ahead of a much-anticipated new round of talks between Beijing and Washington, President Donald Trump said on March 20 that the United States could keep its tariffs active on China for a “substantial period.” According...
What’s Happening to ‘Made in China 2025’?
Since 2015, the Chinese government has been promoting the slogan “Made in China 2025,” which refers to Beijing’s goal of transforming China from a producer of cheap goods to a competitive powerhouse of cutting-edge high-tech...