By Catie Perry Published September 05, 2019 China Tariffs FOXBusiness Facebook Twitter Comments Print video Commerce Department announces new steel tariffs on China, Mexico FOX Business'' Liz Claman reports on the latest steel tariffs imposed on China and Mexico. On the heels of the U.S. Commerce Department's announcement it is imposing anti-dumping tariffs on certain steel from China and Mexico, officials from the Mexican government downplayed the move late Wednesday. Continue Reading Below Mexico said the tariffs are part of a normal investigation, according to a report by Reuters, and said that the "investigation in question is ongoing and the final outcome from the Commerce Department is expected at the end of January 2020. In Washington, Commerce officials said that a preliminary review found that China and Mexico had "dumped" certain fabricated structural steel on the U.S. market, according to a … [Read more...] about Mexico responds to US ‘anti-dumping’ tariffs on steel
Tariff on steel
OTTAWA — Canada is considering adding to its list of retaliatory tariffs to crank up pressure on Washington to drop aluminum and steel levies, Foreign Minister Chrystia Freeland said Tuesday. "We are looking at... ways we can refresh the retaliation list to have an even greater impact," Freeland told reporters in Ottawa. Last July, Canada hit back at the United States with retaliatory tariffs on Can$16.6 billion (US$12.5 billion) in American goods, including orange juice, ketchup and bourbon. This followed President Donald Trump's 25 percent tariffs on imports of steel products and 10 percent on aluminum. David MacNaughton, Canada's ambassador to Washington, reportedly told agriculture journalists in Washington on Monday that a "significant number" of US agricultural products such as apples, pork and wine could make the updated list. But the move should not be interpreted as an escalation in the trade spat, he was quoted by Politico as saying. Rather, MacNaughton explained, the … [Read more...] about Canada considers topping up tariffs on US goods
By Daniel Dale Washington Bureau Chief Tues., April 9, 2019 WASHINGTON—The Canadian government is preparing to announce new tariffs on U.S. products, adding to its retaliation list as Prime Minister Justin Trudeau struggles to persuade President Donald Trump to eliminate U.S. tariffs on Canadian steel and aluminum. Foreign Affairs Minister Chrystia Freeland said the government is seeking a “balance” in which its tariffs cause minimum pain in Canada and “the greatest possible impact” in the United States. “We are absolutely looking at, as we always do, ways that we can refresh the retaliation list to have an even greater impact,” Freeland told reporters on Tuesday. Trump initially suggested that his steel and aluminum tariffs were merely a negotiating tool in NAFTA negotiations. But he now argues that they are an effective policy measure in their own right, and he has resisted Trudeau’s calls to drop them now that … [Read more...] about Canada to announce retaliatory tariffs on more U.S. products
Sections SEARCH Skip to content Skip to site index Politics Log In Subscribe Log In Today’s Paper Politics | U.S. Readies Another $11 Billion in Tariffs on E.U. Advertisement Supported by ByAna Swanson April 9, 2019 WASHINGTON — The United States and the European Union are preparing to levy tit-for-tat tariffs on each other’s products as part of a long-running dispute over the aerospace industry, the latest escalation in a 14-year fight over government aid given to Boeing and European rival Airbus. “The World Trade Organization finds that the European Union subsidies to Airbus has adversely impacted the United States, which will now put Tariffs on $11 Billion of EU products!” President Trump said in a tweet on Tuesday morning. “The EU has taken advantage of the U.S. on trade for many years. It will soon stop!” The United States Trade Representative said Monday night that … [Read more...] about U.S. Readies Another $11 Billion in Tariffs on E.U.
By Josh Wingrove Bloomberg Thu., April 4, 2019 A Canadian trade tribunal is recommending that Prime Minister Justin Trudeau’s government claw back steel tariffs imposed to contain fallout from Donald Trump’s own levies. In a decision published Wednesday, the Canadian International Trade Tribunal recommended tariff rate quotas on two types of steel — heavy plate and stainless steel wire — among seven that the government had already applied provisional levies to. On the five other products, it either found no spike in imports or found that Canadian producers hadn’t been harmed. The recommendations aren’t binding and apply only to certain countries like China. Those tariffs and quotas addressed by Wednesday’s CITT ruling are separate from the tariffs the U.S. and Canada have applied on each country’s steel — but Canada is trying to convince the U.S. to end that particular fight by arguing that it’s a tough … [Read more...] about Canadian trade panel recommends reducing safeguard tariffs on steel