BREAKING: US begins preparations to impose tariffs on remaining $300B in Chinese imports that don't already face import taxes.
U.S. Trade Representative Robert Lighthizer says his office is preparing to impose tariffs on the $300 billion in Chinese products that aren’t already facing import taxes, another escalation in Washington’s dispute with Beijing.
The association represents the U.S. operations of international automakers, including Toyota, Hyundai, Nissan and Subaru. Trump tweets that “the relationship between President Xi and myself remains a very strong one, and conversations into the future will continue.” The Trump administration raised import taxes on billions of dollars in Chinese goods from 10% to 25% Friday. China has threatened to retaliate.
Pence’s companies are Global Precision Industries, Inc., which makes plastic injection molds and custom mold bases, among other things. His other company, Diversified Design and Manufacturing, supplies tooling, manufacturing and specialty machining to customers worldwide.A tech industry group says tariffs are taxes, and “higher tariffs are only higher taxes,” in response to President Donald Trump’s decision to increase tariffs on $200 billion worth of Chinese imports to 25%.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
After latest threats, Chinese see Trump as a Marvel villain out to destroy themTrump’s threats to increase tariffs led Chinese stock markets to their worst day in almost four years.
Read more »
The latest tariff hike will sting US consumersUS Trade Representative Robert Lighthizer has confirmed the tariff hike from 10% to 25% on $200 billion worth of Chinese imports:
Read more »
The Latest: China hoping US will meet it halfway on tradeBEIJING (AP) — The Latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 5:00 p.m. A Chinese Foreign Ministry...
Read more »
The Latest: China says US 'aggravated' Iran tensionsTEHRAN, Iran (AP) — The Latest on Iran's decision to step away from embattled nuclear deal (all times local): 3:30 p.m. China says the U.S. has 'further aggravated' tensions over the...
Read more »
The Latest: China vows countermeasures to raised US tariffsBEIJING (AP) — The Latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 12:40 p.m. China's government says it...
Read more »
Trump's threatened tariff hike to 25% on Chinese goods would hurt consumers, the economyPresident Trump's plan to Increase tariffs on Chinese imports from 10% to 25% would hurt US consumers and economy. Hit to U.S. growth would triple,
Read more »
U.S. stock futures tumble after Trump's latest tariff threatU.S. stock futures fell sharply in the opening minutes of trading Sunday, after President Donald Trump said he would raise tariffs this week on $200 billion...
Read more »
Latest round of US-China trade talks end without agreementAmerican and Chinese negotiators completed another round of trade talks Friday morning after a last-minute effort to stave off new tariffs on Chinese goods failed to yield a breakthrough.
Read more »
The Latest: Trump says US, China held 'constructive' talksWASHINGTON (AP) — The Latest on the tariffs standoff between the United States and China (all times local): 3:30 p.m. President Donald Trump says the United States and China 'held...
Read more »
Here's what Wall Street is saying about Trump's tariff threat and what it means for investorsStrategists react to the latest U.S. China trade news.
Read more »
Trump’s tariff threats come after China backpedalsTrump's latest tariff threat is a clear indication that he believes most leverage is still on the U.S. side, as it tries to force Beijing to address theft of U.S. technology
Read more »