Tariffs | The Asian Age

Tuesday, Apr 30, 2024 | Last Update : 11:41 PM IST

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The countries have exchanged tariffs on USD 360 billion in two-way trade so far. (Photo:AP)

China increases tariffs on US goods amid mounting tensions

Washington and Beijing resumed their trade battle last month when trade talks in the US ended without a deal.

01 Jun 2019 12:28 PM

The 10-month-old trade war between the world’s two largest economies escalated early this month. (Photo:AP)

Firms in US, China scramble as new tariffs hurt business

On both sides of the Pacific, importers, exporters scrambe as further tariffs of 15 per cent come into effect, on top of the 10 per cent.

31 May 2019 2:11 PM

Trump's announcement came a day after border agents in El Paso, Texas detained the largest single group of migrants ever. (Photo:AP)

US to hit Mexico with tariffs over 'illegal migrants': Donald Trump

Donald Trump said on June 10th, the United States will impose a 5 per cent Tariff on all goods after he posted a video of illegal migrants.

31 May 2019 8:51 AM

A senior US official voiced hope for warm relations with PM Modi but said that the March decision would move forward. (Photo:AP)

'Done Deal': US end India's trade preference

President Donald Trump's administration said in March it was removing India from the Generalized System of Preferences.

31 May 2019 8:27 AM

The United States is Canada’s top trading partner, taking in 75 percent of its goods exports. (Photo:AP)

Canada takes first step toward ratifying new North American trade deal

The United States struck deals on May 17 to lift tariffs on steel and aluminum imports from Canada and Mexico.

28 May 2019 10:51 AM

Prime Minister Shinzo Abe has carefully courted Trump since before he took office and their cordial, golfing-buddy relationship has helped keep relations on an even keel. (Photo:AP)

Trade with Japan not as big a problem for Donald Trump as China

The USD 70 billion Japanese trade surplus with the US is dwarfed by China’s USD 379 billion surplus.

25 May 2019 9:28 AM

Xi urged people to learn the lessons of hardship of the past. (Photo:AP)

China's Xi Jinping warns of difficult times amid trade war with US

The two countries are locked in tit-for-tat tariff increases on each other’s imports, after talks broke down to resolve their dispute.

23 May 2019 9:02 AM

The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, US officials accuse China of backtracking on promises made during months of talks.

China's tough rhetoric leaves trade talks with US in limbo

CNBC, citing sources, said the trade talks had stalled and the next round of discussions was “in flux.”

18 May 2019 2:37 PM

Mexico subsequently confirmed it had reached a similar agreement with the United States. (Photo:AP)

Trump lifts steel, aluminium tariffs on Mexico, Canada

The statement came moments after Canada released the agreement between Ottawa and Washington in which they agree to eliminate US tariffs.

18 May 2019 2:26 PM

Beijing has yet to say whether or how it will retaliate to the latest escalation in trade tensions. (Photo:AP)

China invoke past wars, patriotism as trade war with US intensifies

The United States is not sincere about wanting to resume trade talks with China and has damaged the atmosphere for negotiations.

17 May 2019 1:33 PM

A few hours later, he asserted that China's sudden change in policy was mainly because it thought that leaders from the opposition Democratic party would be able to replace him. (Photo:AP)

China delusional, they want Joe Biden to get elected: Donald Trump

In a series of tweets, Donald Trump indicated toughening of his stand against China.

13 May 2019 8:28 AM

He then ordered a tariff hike on almost all remaining imports – USD 300 billion worth, according to Lighthizer -- from China. (Photo:AP)

Meeting set for next month on trade between Trump, Xi: White House

In his own comments on Saturday, Trump struck a more belligerent tone, urging China that it would be 'wise for them to act now.'

13 May 2019 8:15 AM

Two days of talks ended Friday with no deal. (Photo:AP)

Trade deal now or 'far worse' in 2020: Trump to China

Washington and Beijing are locked in trade battle that has seen mounting tariffs, sparking fears the dispute will damage the global economy.

12 May 2019 2:50 PM

Only a week earlier, the two had seemed poised to complete a sweeping agreement. (Photo:AP)

'Make or produce in good old USA': Trump shows way to avoid tariffs

Trump had accused Beijing of reneging on its commitments in trade talks and ordered new punitive duties, which took effect Friday.

12 May 2019 7:46 AM

Although Liu deemed the two days of talks in the US "productive" he said differences continued to exist. (Photo:AP)

'Negotiations have not broken down': China confident of US trade talks

China's top trade negotiator Liu He said on Friday in Washington that trade talks with the US would continue in Beijing.

11 May 2019 8:59 AM

Trump gave US importers less than five days notice about his decision to increase the rate on the USD 200 billion category of goods to 25 percent. (Photo:AP)

US increases tariffs on Chinese goods; China says it will retaliate

China's Ministry said it 'deeply regrets' the US decision, adding that it would take necessary countermeasures, without elaborating.

10 May 2019 3:43 PM

The renewed tensions roiled global stock markets this week and unnerved exporters caught off guard. (Photo:AP)

China-US trade talks resume; Trump insists deal 'still likely'

But Trump warned he was also more than happy to use tariffs in resolving his differences with China.

10 May 2019 8:41 AM

Also speaking at the Paris Forum event, French Economy Minister Bruno Le Maire warned about the impact of a trade war between the world's two biggest economies. (Photo:AP)

US-China trade tensions threat to world economy: IMF chief

The head of the International Monetary Fund said that fresh trade tensions between the US and China were a threat to the world economy.

07 May 2019 3:35 PM

A delegation from China will be in Washington on Thursday and Friday and Lighthizer said he expected top Chinese negotiator Vice Premier Liu He will attend. (Photo:AP)

US says China fell back on trade commitments, talks continue

China had backtracked on commitments in trade talks, prompting US President Donald Trump to threaten additional tariffs over the weekend.

07 May 2019 8:20 AM

Trump said he is raising some tariffs because the trade talks are going too slowly. (Photo:AP)

Trump keeps pressure on China in do or die trade talks

US President Donald Trump that the United States will raise tariffs on USD 200 billion of Chinese goods -- a blunt warning to Beijing.

06 May 2019 10:50 AM

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Aakar Patel