Already engaged in numerous trade disputes across the globe, Donald Trump has slammed India as a “tariff king” that is clinging to the “privilege” of trading with the US and struggling to negotiate a deal to appease Washington. “India, which is the tariff king, they called us and they said, ‘We want to start negotiations […]
Tag: tariff
Trump’s solar tariff isn’t hurting the industry as much as everyone expected
Enlarge / Solar panels, Ferrisburgh, Vermont, June 15, 2016. (credit: Robert Nickelsberg/Getty Images) On Thursday, the Solar Energy Industries Association (SEIA) published a quarterly report that offered surprising results. Despite a 30-percent tariff on solar cells and modules imported to the US, solar installations only fell by about nine percent, year over year. At the […]
Trade War Watch: Trump Rejects Auto Tariff Deal With Europe
Earlier this year, President Donald Trump took a renewed interest in European tariffs after deciding he didn’t like what he saw. He argued it was time for the United States to consider a fresh tax on vehicles manufactured in the European Union to level the playing field. “If the EU wants to further increase their already […]
China ditching US coal imports for domestic supply in trade tariff tit-for-tat
Washington trade tariffs against Beijing appear to be backfiring on the US coal industry, as Chinese importers are finding new domestic alternatives to soften the blow. “We have completely stopped US metallurgical coal (imports), which is popular among steel mills, in late July. There is too much uncertainty in trade,” a senior manager at a […]
Trade War Watch: Turkey Readies 120 Percent Tariff On American Cars
In Joseph Conrad’s Heart of Darkness, Kurtz has an epiphany regarding himself, imperial conquest, and war as a whole, crying “The horror! The horror!” in his last moments of life. His experiences took him from a well-meaning businessman to a megalomaniacal warlord, only able to realize the full scope of his own corruption upon his death. […]
Automakers, dealers,, UAW, nations to testify against Trump tariff threat
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Trade War Watch: Mazda Joins Toyota in Condemning U.S. Tariff Proposals
Automakers are not thrilled with the White House’s current interest in automotive tariffs. With factories scattered across the globe, no major manufacturer would go untouched by the proposed increases in import duties or the retaliatory tariffs foreign governments may issue in response. There’s a lot to lose from a financial perspective. According to a recent […]
U.S. and European autos stocks fall on Trump's 20% tariff threat
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Trump raises stakes in trade war with China, targets further $200bn-worth of imports with tariff
US President Donald Trump is looking to impose a 10 percent tariff on another $ 200 billion-worth of Chinese goods, after Beijing imposed reciprocal tariffs on US imports, as part of an expanding trade war with Washington. In a statement released by the White House on Monday, Trump cited Beijing’s decision to respond to US […]
U.S. $50 billion tariff war with China includes cars
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