EU, US Reach Truce on Metal Tariffs Ahead of Biden Visit
The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley-Davidson motorbikes from a doubling of EU duties next month.
C.H. Robinson Warns US Companies Could Miss Tariff Refunds
Minnesota transportation and logistics company C.H. Robinson says it has identified almost $1 billion in potential refunds of tariffs its American clients paid on Chinese imports.
Biden Unlikely to Quickly Unwind China Tariffs, Democrat Ally Says
President-elect Joe Biden isn’t likely to quickly unwind the tariffs President Donald Trump has imposed on Chinese imports, said Delaware Senator Chris Coons, a close ally of the incoming leader.
WTO: US Tariffs on China Are Illegal
A World Trade Organization panel ruled Sept. 15 that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO’s ability to hand down a final, binding verdict.
Supreme Court Rejects Challenge to Trump’s 25% Steel Tariffs
The U.S. Supreme Court left intact President Donald Trump’s 25% tariffs on imported steel products, rejecting an industry trade group challenge that sought to strip the president of a powerful legal tool for imposing duties.
Mnuchin Leverages Auto Tariff Threats Against Digital Taxes
U.S. Treasury Secretary Steven Mnuchin dangled the prospect of retaliatory tariffs on automobile imports if an issue with France's technology companies tax isn't resolved.
US Won’t Cut More China Tariffs Until After November Vote
Existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the presidential election Nov. 3, and any move to reduce them will hinge on Beijing’s compliance with the terms of a phase-one trade accord, people familiar with the matter said.
January 14, 2020NRF Report Points to Tariffs as Key Reason for Port Slowdown
U.S. import container volumes are expected to show a nearly 1% drop when the final numbers for 2019 are in, the National Retail Federation and Hackett Associates said.
Two Federal Studies Say Trade War With China Is Damaging US Economy
Even as the Trump administration is set to sign phase one of the trade agreement with China, consumers and American businesses continue to feel the impact of the U.S.-China trade war.
China Announces Tariff Cuts, More Competition in Markets
BEIJING — China will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development.
December 23, 2019