Tag Archives: tariffs

President Donald Trump on Thursday hit China with tariffs on up to $60 billion of imports to retaliate against the “theft” of American intellectual property, ratcheting up trade tensions between the world’s two largest economies. Saying it would be the “first of many” trade actions, Trump signed the order that …

As 2017’s roaring bull market gives way to a markedly choppier 2018, the buzz among Wall Street stock touts is that the best of the Trump Trade has passed. Sure, more gains could be wrung out, and probably will be, but nothing like the 30 per cent burst over the …

China’s metals industry issued the country’s most explicit threat yet in an escalating trade spat with the United States, urging Beijing to retaliate by targeting coal and other sectors that are key to US President Donald Trump’s support base. Two leading industry bodies representing producers in the world’s top steel …

Energy executives say the Trump administration’s proposed steel and aluminum tariffs could bump up the cost of big-ticket projects needed for rapidly rising US shale oil and gas output by three to 10 per cent. Higher construction costs could slow growth in production and exports of crude and natural gas …

Donald Trump’s controversial decision to slap tariffs on steel and aluminium imports sent world stock markets slumping on Friday as the move fuelled fresh fears of a global trade war, dealers said. Traders, already on edge over worries about rising US interest rates, followed Wall Street sharply lower after the …

President Donald Trump on Monday decided to impose tariffs on solar equipment imported into the U.S. for four years, acting on a trade dispute raised by two solar manufacturers. The U.S. solar industry has largely opposed tariffs, warning that they could cause thousands of jobs cuts and threaten billions of dollars of investments in …

President Donald Trump promised on Monday he would take more legal and regulatory steps during the next six months to protect American manufacturers, lashing out against trade deals and trade practices he said have hurt U.S. companies. Trump climbed into an American-made fire truck parked behind the White House, took …