Friday, 3 April 2020

Tag Archives: US Tariffs

Apple asks to waive tariffs on Chinese-made iPhone parts, AirPods, watches

WASHINGTON: Apple Inc asked the Trump administration to waive tariffs on Chinese-made Apple Watches, iPhone components and other consumer products, according to company filings with the US Trade Representative’s Office. The company on Thursday sought tariff exclusions from 11 products, including HomePod speakers, iMac computers, parts for use in repairing ...

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US imposes record USD 7.5 billion tariffs on European goods

WASHINGTON: The United States imposed tariffs on a record USD 7.5 billion worth of European Union goods on Friday, despite threats of retaliation, with Airbus, French wine and Scottish whiskies among the high-profile targets. The tariffs, which took effect just after midnight in Washington (0401 GMT), came after talks between ...

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US will delay some US tariffs on Chinese goods: Trump

WASHINGTON: The US will delay by two weeks a bump in tariffs on Chinese goods that were set to go into effect Oct. 1, President Donald Trump announced. The decision, Trump said, was made as a concession to Beijing as it prepares to celebrate at the start of October the ...

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US starts collecting 25% tariffs on Chinese products arriving by sea

© Aly Song / Reuters

WASHINGTON: The move comes after earlier in the day, China also began collecting higher duties on almost $60 billion worth of American products in retaliation for a recent US tariff hike. The United States started collecting new 25 percent tariffs on a vast number of Chinese goods arriving in the country’s ports on Saturday, ...

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US to delay China tariff increase: Donald Trump

WASHINGTON: The United States is delaying a planned increase of tariffs on more than $200 billion in Chinese exports after “substantial progress” made in trade talks, President Donald Trump said. “I am pleased to report that the US has made substantial progress in our trade talks with China on important ...

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Trump’s tariffs on $200 bn of Chinese imports kick in

WASHINGTON: 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 outlook. The latest volley against Beijing brings the amount of goods hit by duties to more than $250 billion, ...

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Dollar weakens after Trump’s Fed comments

FILE PHOTO: Bundles of banknotes of U.S. Dollar are pictured at a currency exchange shop in Ciudad Juarez, Mexico, January 15, 2018. REUTERS/Jose Luis Gonzalez/File Photo

HONG KONG: The dollar dipped Tuesday in Asia after Donald Trump hit out at the Federal Reserve´s interest rate rises and accused it of not backing his economic plan, while most equity markets edged up ahead of highly anticipated China-US trade talks. The greenback has been on the ascent in ...

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US pledges $300m security funding for south-east Asia

China's Foreign Minister Wang Yi (6th from L) poses with (L to 5th L) Laos' Minister of Foreign Affairs Saleumxay Kommasith, Malaysia's Foreign Minister Saifuddin Abdullah, Myanmar's Union Minister for the Office of the State Counsellor U Kyaw Tint, Thailand's Foreign Minister Don Pramudwinai, Vietnam's Deputy Prime Minister and Foreign Minister Pham Binh Minh, (6th R to R) Singapore's Minister for Foreign Affairs Vivian Balakrishnan, Philippines' Foreign Affairs Secretary Alan Peter Cayetano, Brunei's Second Minister of Foreign Affairs and Trade Erywan Yusof, Cambodia's permanent representative to the Association of Southeast Asian Nations Kan Pharidh, Indonesia's Foreign Minister Retno Marsudi, and ASEAN Secretary General Lim Jock Hoi during a bilateral meeting at the 51st Association of Southeast Asian Nations (ASEAN) Ministerial Meeting in Singapore on August 2, 2018. / AFP PHOTO / ROSLAN RAHMAN / “The erroneous mention[s] appearing in the metadata of this photo by ROSLAN RAHMAN has been modified in AFP systems in the following manner: [adding identity of Cambodia's permanent representative to the Association of Southeast Asian Nations Kan Pharidh]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require.

BEIJING on Saturday vowed to maintain its military presence in the South China Sea, insisting the US is “the biggest force for militarisation in this region” after US Secretary of State Mike Pompeo pledged US$300 million to boost security in the Indo-Pacific. The investment is part of US efforts to ...

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Trump threatens tariffs on all $500 billion of Chinese imports

© Aly Song / Reuters

© Aly Song / Reuters WASHINGTON/BEIJING: U.S. President Donald Trump said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to escalate a clash over trade policy that has unnerved financial markets. “We’re down a tremendous amount,” Trump said in an interview about trade ...

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