Tag: Tariff
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The United States has rolled back proposed steep duties on Italian pasta exports to the U.S., the U.S. Department of Commerce and Italy’s foreign ministry said Thursday, January 1. The Commerce Department has sharply reduced proposed antidumping duties on 13 Italian pasta producers, cutting rates from as high as 92% to between 2.26% and nearly…
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European dairy exports face provisional tariffs from China, which announced on Monday, December 22, duties of up to 42.7% on certain European dairy products following the conclusion of the first phase of an anti-subsidy investigation. The tariffs, effective Tuesday, December 23, cover milk and cheese products, including protected origin cheeses such as French roquefort and…
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President Trump on Tuesday unveiled a new trade framework with Japan, introducing a 15% tariff on Japanese imports and declaring the agreement a landmark achievement. “This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it,” Trump wrote on Truth Social. He also affirmed that the United States “will…
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A landmark trade agreement between the United States and Indonesia has been finalized, capping days of high-level negotiations and revising an earlier tariff threat. President Donald Trump announced Tuesday that a previously planned 32% tariff on imports from Indonesia will instead be lowered to 19% under the terms of the new deal. “They are going…
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President Donald Trump announced Saturday that the United States will impose 30% tariffs on imports from the European Union and Mexico, effective from August 1. The move targets two of America’s largest trade partners and signals a sharp escalation in Trump’s trade strategy during his second term. Trump made the announcement via letters posted on…
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President Donald Trump has announced a steep increase in tariffs on Canadian imports, escalating trade tensions with U.S.’s northern neighbor. In a letter posted to his social media platform, Trump informed Canadian Prime Minister Mark Carney that a 35% tariff would take effect on August 1, up from the current 25%. Trump warned the rate…
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The United States will impose a 20 percent tariff on many Vietnamese exports, a lower rate than initially proposed, President Donald Trump announced, easing trade tensions just days before a July 9 deadline to increase tariffs on most imports. Transshipments from third countries through Vietnam, however, will face a 40 percent levy. In return, Vietnam…
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