Import Tariffs
Recent Highlights
All Stories for Import Tariffs
US, China to hold delayed diplomatic, security dialogue in Washington on Friday amid moves to resolve trade war
•China said last month the two sides had initially agreed “in principle” to hold the second round of diplomatic security talks in October but they were postponed at Washington’s request amid rising tensions over trade, Taiwan and the South China Sea.
China plans to reduce average tariff rate on imports from most of its trading partners by October
•The promise to further lower import tariffs came as China and the United States remained locked in a bitter trade dispute
US-China trade war: Donald Trump orders new tariffs on additional $200 billion worth of Chinese imports
•US President Donald Trump on Monday announced imposing new tariffs on an additional $200 billion worth of imports from China, escalating the trade war with the Asian giant.
US Fed leaves rates unchanged with economy growing 'strongly', stays on course for September hike
•The Fed’s decision left its benchmark overnight lending rate in a range of 1.75 percent to 2.00 percent.
After US plans steeper tariffs on Chinese goods, Congress approves defence spending bill targeting China
Fp Staff •The US Congress has passed the $716 billion defence spending bill which has provisions that bar China from participating in the Rim of the Pacific Exercise (RIMPAC)
As three 'foreign' economic advisers leave, questions loom on inward-looking policies, protectionism
•the economy was in a mess because of “foreign-trained” professors with little field experience.
US carmaker Tesla moves first to hike prices in China as trade war hits auto manufacturers
•U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, becoming the first automaker to raise prices in the world’s largest automotive market in response to a U.S.-China trade war
India may withdraw import duty hike decision on US products if tariff issues resolved
•India on Thursday indicated that it may withdraw the notification imposing additional duties on 29 US products, to be effective from 4 August, if both the sides are able to sort out the differences over tariffs
Harley-Davidson to shift some of its production overseas to avoid EU tariffs; President Donald Trump 'surprised'
•Trump, who has been taking up the case of tariffs on Harley-Davidson by India, which in part is responsible for the current trade tension between the two countries, said he is surprised by such a decision by the motorcycle manufacturer.
G7 and SCO summits: Retrenching US amid China's expanding hegemony in trade points to new world order
Niharika Tagotra •That the US hegemony is now facing stiff competition from China was stark at the G7 and SCO summits.