Tariff news

Follow RT for the latest news on the economy, including information about tariffs – a term used to describe tax on exports or imports between sovereign states. Tariffs are usually used to restrict imports and increase the price of foreign goods, services to make them less attractive to buyers. There has been much talk about the US-China trade war and Beijing’s call on Chinese enterprises to substitute American imports with those from other countries in response to US trade tariffs. Follow RT for the latest news on relations between China and the US, and information on the trade war and tariffs levied by the countries involved.

Canada vows ‘dollar-for-dollar’ retaliation after Trump reimposes 10% tariffs on aluminum
Ottawa has threatened a tit-for-tat response to US protectionism after President Donald Trump slapped a 10 percent levy on Canadian aluminum imports, saying countermeasures would come “swiftly.”
Aug 7, 2020 02:56
Business News
EU demands US lift tariffs ‘IMMEDIATELY’ after fulfilling WTO requirements in Airbus dispute
The European Commission has called on the US to lift “unjustified” duties on EU exports or face retaliation, after aerospace giant Airbus said it had been in full compliance with World Trade Organization (WTO) rulings.
Jul 24, 2020 10:39
Business News
An offer you can't refuse? Trump slaps France with 25% tariffs, but gives it 180 days to ‘rethink’ taxing Apple, Google & others
US President Donald Trump has imposed a 25 percent import duty on French goods in an effort to scuttle the country’s digital services tax – making it clear that Paris has several months to rethink cutting into Big Tech’s profits.
Jul 11, 2020 00:57
Business News
India to impose stricter rules & tariffs on Chinese imports amid border row
The Bureau of Indian Standards is to impose tougher norms on at least 370 Chinese products, to ensure items that can be locally produced aren’t imported, sources told the Economic Times.
Jun 25, 2020 10:01
Business News
Stocks and Chinese yuan cave in on Trump’s China tariff threat
US President Donald Trump’s renewed attack on Beijing over the coronavirus crisis has sunk the Chinese national currency, the yuan, to a one month-low, while global markets also dipped lower.
May 1, 2020 12:32
Business News
Tariffs ALWAYS an option! Trump hopes Russia & Saudis reach oil deal ‘fair’ for US as Putin seeks cooperation from ALL sides
US President Donald Trump hinted at the possibility of imposing tariffs on oil imports, due to a ‘massive excess’ supply on the global market created by the Saudi-Russian price war and exacerbated by the Covid-19 pandemic.
Apr 4, 2020 00:05
Business News