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.
- Markets rattled as Trump kicks trade war with China into high gear
Global stocks dropped on Wednesday after the US released a list of $200 billion worth of Chinese exports that could be subject to new ten percent tariffs.Business News - ‘Totally unacceptable’: Beijing vows retaliation if US taxes $200bn of Chinese goods
The Chinese commerce ministry has slammed the US plan to impose tariffs on additional imports worth some $200 billion as totally unacceptable, promising a mirror response to defend its national interests.Business News - US releases $200bn list of Chinese products for possible new tariffs
Accusing China of not negotiating “seriously” on trade, the Trump administration has released a list of products it wants to impose a ten percent tariff on, amounting to $200 billion. The new tariffs would kick in within 60 days.Business News - Switzerland files WTO complaint against ‘unjustified’ US steel & aluminum tariffs
An official action has been launched by Switzerland against US metal tariffs at the World Trade Organization (WTO). The country became the eighth WTO member to challenge the levies.Business News - China and Germany sign €20 billion in trade deals in response to US tariff hikes
German Chancellor Angela Merkel and Chinese Prime Minister Li Keqiang held talks on Monday in Berlin, and stressed their commitment to a multilateral trade system in the wake of trade disputes with Washington.Business News - China urges domestic firms to boost non-American imports as trade war with US escalates
Beijing has called on Chinese firms to substitute American imports with those from other countries in response to US trade tariffs.Business News
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