But ordinary Americans will feel little if any benefit
Tag: tariffs
Tariffs may well bring some high-tech manufacturing back to America
YOU might think a company worth $ 1trn would gain a sympathetic hearing in the White House. Not, it seems, when the subject is China. On September 7th, as President Donald Trump prepared a new salvo of tariffs on Chinese imports, Apple released a letter pleading with the administration to change tack lest it harm […]
Apple says that Trump’s looming tariffs on China would increase prices on Apple Watch and AirPods (AAPL)
Drew Angerer/Getty Images Apple opposes tariffs proposed by the Trump administration on $ 200 billion worth of Chinese goods. The tariffs are currently in a period of public comment. Apple said that the proposed tariffs “show up as a tax on the consumer” and will raise the price of several Apple products, including Apple Watch […]
China says it ‘resolutely opposes’ US trade war as new round of reciprocal tariffs takes effect
China’s commerce ministry has said that it firmly opposes and reserves its right to retaliate to the latest batch of US tariffs that went into effect on Thursday and targeted another $ 16bn worth of imports from the Asian country. In a mirror response, China has slapped hundreds of US products with their own levies. […]
Eternal Underdog: Mitsubishi May Not Sell Enough Cars in the U.S. to Worry About Tariffs
While still an industrial giant on the global scene, Mitsubishi is a shadow of its former self in the United States. After leaning a bit too hard on its status as a value brand, annual deliveries went from about 346,000 units to just 58,000 between 2002 and 2012. Meaningful progress has been made since then, but […]
Tariffs on steel and aluminium are creating some winners
Flame wars DONALD TRUMP credits the tariffs he has imposed on steel and aluminium imports, and on a range of Chinese products, with almost magical potency. Either they will force other countries to drop trade barriers and crown him as dealmaker-in-chief, or they will pay down government debt while saving favoured industries. “Plants are opening […]
It started with a kiss: How EU's Juncker wooed Trump to hold off on tariffs
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US considers tariffs on uranium imports
Enlarge / Rail trucks loaded with uranium ore wait for transportation at the uranium mine operated by Geam, a division of Diamo S.P. mining company, in Rozna, Czech Republic, on Monday, Dec. 13, 2010. Photographer: Vladimir Weiss/Bloomberg via Getty Images (credit: Getty Images) This week, the US Department of Commerce opened an investigation into the […]
The impact of the latest proposed US tariffs on industry sectors, in one chart
Bill Pugliano/Getty Images US stocks fell heavily on Wednesday, like other markets around the world. JP Morgan Asset Management has looked at the US sectors most exposed to price increases should the latest round of proposed US tariffs be implemented. It says the overall impact on the US economy is likely to be small in […]
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 wants to impose a ten percent tariff on, amounting to $ 200 billion. The new tariffs would kick in within 60 days. The 200-page document released on Tuesday by the US Trade Representative’s office gives notice to those […]
