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The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses. The notice from the U.S. Trade ...
The US dollar (DX=F, DX-Y.NYB) further retreated from near two-year highs on Friday, falling to a one-month low after President Trump said he would "rather not" impose tariffs on China. “We have ...
The U.S. Trade Representative's office said on Tuesday some of the steep U.S. tariff increases on an array of Chinese imports, including electric vehicles and their batteries, computer chips and ...
The final tariff decision does provide some temporary relief for U.S. port operators who were facing a new 25% tariff on massive ship-to-shore cranes, an industry that China dominates with no U.S ...
The tariffs, imposed by former President Donald Trump under Section 232 of the Cold-War Trade Expansion Act in 2018, [1] targeted industries deemed crucial for national defence, with a 25 percent tariff on steel and a 10 percent tariff on aluminium. The World Trade Organization (WTO) ruled against these tariffs. [7]
The tariff schedule has 99 chapters under 22 sections, and various appendices for chemicals, pharmaceuticals, and intermediate chemicals for dye.Raw materials or basic substances generally appear in the early chapters and in earlier headings within a chapter, whereas highly processed goods and manufactured articles appear in later chapters and headings.
The United States imported $427 billion in goods from China last year and exported $148 billion to the world's No. 2 economy, a trade gap that has persisted for decades and become an ever more ...
The president has since suggested various tariff amounts, from a 60 percent tariff on products from China to a 200 percent tax on John Deere imports (yes, the tractor company).