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.
- Biden’s Commerce secretary says Trump tariffs ‘helped save American jobs’ & indicates she’ll keep them
The much-maligned tariffs on aluminum and steel imposed by the Trump administration actually saved American jobs and may be kept to counter China, Joe Biden’s Commerce Secretary Gina Raimondo told reporters.Apr 7, 2021 22:40USA News - US retaliation for taxing its tech giants may be as high as $900 MILLION – mediaWashington is reportedly moving forward with its additional duties for hundreds of billions in imports from six nations in response to digital service taxes targeting the likes of Google and Amazon.Apr 5, 2021 14:50Business News
- US & China moving from tariff war to technology war, economics professor tells Boom BustTechnology is one of the major issues being discussed by China at its national congress this week. The government sees the sector as critical to its drive for modernization and self-reliance over the next decade and a half.Mar 5, 2021 13:22Business News
- Washington could put US tech in danger by going after Huawei, Professor Wolff tells Boom BustThe US-China ‘phase one’ trade deal has paused a tariff fight between the world’s top two economies that started in 2018. Boom Bust explores US President Joe Biden’s plan for China and Huawei.Feb 2, 2021 10:24Business News
- US raises tariffs on French & German wines and aircraft parts over ‘unfair’ Airbus subsidiesCiting the ‘unfairness’ of European Union subsidies to Airbus and tariffs imposed on US-based Boeing products, the US Trade Representative’s office said it would raise dues on certain French and German wines and spirits.Dec 31, 2020 01:26Business News
- Australia ups the ante in row with China as it seeks WTO help over 80% barley tariff hikeAustralia has launched a World Trade Organization probe into Chinese trade levies – hiked beyond 80 percent last spring – Canberra’s commerce chief said, as rising tensions between the two sides continue to spiral.Dec 16, 2020 06:00World News
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