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.
- Trump says a trade agreement with China will be on US terms
The is no purpose to a trade deal with Beijing if it is not on Washington’s terms, US president Donald Trump said, shortly after China threatened a retaliation to new US tariffs on its imports.Aug 15, 2019 14:44Business News - China vows immediate retaliation if US proceeds with new tariffsBeijing has refused to sit idle if Washington hits $300 billion worth of Chinese imports with additional 10 percent levies, calling the decision a violation of agreements reached by presidents Donald Trump and Xi Jinping.Aug 15, 2019 12:23Business News
- US Treasury declares China ‘currency manipulator’ after Wall Street suffers worst day of 2019Washington has escalated the trade war with Beijing by accusing China of being a currency manipulator, after a Wall Street stock wipeout due to reports of Chinese retaliation to US tariffs.Aug 5, 2019 22:04Business News
- Beijing suggests Trump ‘give up illusions & shoulder responsibility’ to resolve trade warChina’s Foreign Ministry said on Friday that the country would have to take countermeasures if the United States was committed to imposing more tariffs on Chinese goods.Aug 2, 2019 08:57Business News
- Taxing China into trade deal? Trump threatens Beijing with more tariffs for ‘not moving fast enough’US President Donald Trump said a 10 percent tariff hike could be just the beginning, and might go higher if Beijing did not move quicker on a deal to resolve an ongoing trade dispute with the United States.Aug 1, 2019 22:34World News
- Trump to impose additional 10% tariff on remaining $300 bln of Chinese imports to US from Sept 1US President Donald Trump said that he will impose additional 10 percent tariff on the remaining $300 billion of Chinese imports starting September 1, as trade war between Washington and Beijing rages on.Aug 1, 2019 17:30Business News
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