Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
By Kanishka Singh WASHINGTON (Reuters) -Republican presidential candidate Donald Trump said he would impose additional tariffs on China if China were to “go into Taiwan,” the Wall Street Journal reported. “I would say: If you go into Taiwan, I’m sorry to do this, I’m going to tax you, at 150% to 200%,” the former U.S. president was quoted as saying in an interview with the WSJ published on Friday evening. Trump, asked if he would […]
by John Biers NEW YORK, United States (AFP) — The latest lurches in President Donald Trump’s trade war with China set the stage for a potential repeat of late 2018 when goods flooded into America’s ports to beat new tariffs. US importers, retailers and shippers are bracing for a new round of punitive duties on Chinese goods set to hit in two steps, September 1 and December 15, likely to drive a rush […]
By JILL COLVIN, MATTHEW LEE and LUIS ALONSO LUGO Associated Press WASHINGTON (AP) — President Donald Trump has put on hold his plan to begin imposing tariffs on Mexico on Monday, saying the U.S. ally will take “strong measures” to reduce the flow of Central American migrants into the United States. But the deal he announced Friday night, after returning from a trip to Europe, falls short of some of the dramatic overhauls pushed for […]
Britain will slash import tariffs in case of a no-deal Brexit and will not apply customs checks on the border with Ireland, the government said on Wednesday. Under the new system, which would come into force if Britain leaves the EU on March 29 without an agreement, tariffs would be retained but reduced for some agricultural products to protect British producers. The new regime is aimed at avoiding a jump in prices of EU imports […]
WASHINGTON, United States (AFP) — US officials have considered lifting tariffs on Chinese imports to calm volatile stock markets and encourage Beijing to make concessions in current trade talks, The Wall Street Journal reported Thursday. American and Chinese trade officials have until March 1 to resolve their trade war, to prevent a sharp increase in punitive US duties on $200 billion in Chinese goods. Treasury Secretary Steven Mnuchin raised the idea of revoking tariffs on […]
NEW YORK, United States (AFP) — Global stocks rallied Monday, shaking off recent weakness ahead of a meeting between the presidents of the United States and China that investors hope will produce a breakthrough. Markets were also hopeful as oil prices stabilized, Britain sealed a Brexit deal with the EU and Italy signaled a more conciliatory stance in a budget fight with Brussels. “The main driver is that we were oversold for a short period […]
by Ryan MCMORROW Agence France Presse BEIJING, China (AFP) — China said on Tuesday it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like “holding a knife to someone’s throat”. Speaking a day after Washington activated tariffs on $200 billion in Chinese goods, vice commerce minister Wang Shouwen said China is open to negotiations but that the two sides must treat each other “equally and with […]
by Heather Scott with Ryan McMorrow in Beijing Agence France Presse WASHINGTON, United States (AFP) — Donald Trump’s threatened tariffs on another $200 billion of Chinese imports took effect on Monday, escalating a trade war between the world’s top two economies that is clouding the global outlookM The latest volley against Beijing brings the amount of goods hit by duties to more than $250 billion, covering roughly half of Chinese exports to the United States, […]
WASHINGTON, United States (AFP) — President Donald Trump’s latest round of punitive tariffs on China took effect on Monday, adding $200 billion in Chinese imports to the escalating trade war that is clouding the global economic horizon. The new attack on Beijing brings the amount of goods hit by duties to more than $250 billion, roughly half of Chinese exports to the United States. Beijing said it would strike back with duties on $60 billion […]
BEIJING, China (AFP) — China said Tuesday it would “take countermeasures” after US President Donald Trump announced new tariffs on $200 billion of Chinese imports taking effect next week. “In order to safeguard its legitimate rights and interests and the global free trade order, China has no choice but to take countermeasures in lockstep,” the commerce ministry said in the statement, which did not mention a previous threat to add tariffs on $60 billion in […]
(Eagle News)–Several senators on Thursday, Aug. 9, called on economic managers to study the proposal to lower the tariffs on corn, fish, and meat imports to address inflation carefully before deciding whether to implement this. “We need to see the parameters, if not the details. It will reduce prices definitely but at what cost to our local producers?” Lacson said. Senate Minority Leader Franklin Drilon agreed. ” Mag-ingat sila diyan kasi maaapektuhan ‘yung ating mga […]
WASHINGTON, United States (AFP) – The United States may jack up the tariff rate on the next $200 billion in Chinese imports it plans to target as it pressures Beijing to reform its trade practices, US officials said Wednesday. President Donald Trump asked the US Trade Representative to consider increasing the proposed tariffs to 25 percent from the planned 10 percent, USTR Robert Lighthizer said. “We have been very clear about the specific changes China […]
