Tag: Tariffs
Trump’s Tariff Threats Spark Chaos With U.S. Trading Partners
‘Tariffs are taxes, and prices go up as soon as they are imposed,’ Professor Amir Neto warned. U.S. President-elect Donald Trump’s threats of 25 percent tariffs on Mexico and Canada undermine North America’s free trade foundations established in 1994. RELATED: U.S. Special Counsel Smith Drops Election Subversion Case Against Trump On Wednesday, Prime Minister Justin […]
November 27, 2024
Tariff War Against China May Backfire for the US: Rattner
On Thursday, The New York Times published an opinion piece stating that the United States’ new protectionist stance in the international trade will only raise prices, limit consumer choices and risk growth. RELATED: Chinese Military Drills Around Taiwan Are Legitimate: Wang The U.S. tariffs on Chinese electric vehicles and other products are mainly aimed at […]
May 24, 2024
Germany and Sweden Express Caution on Tariffs on Chinese EVs
German Chancellor Olaf Scholz and Swedish Prime Minister Ulf Kristersson have cautioned against tariffs on Chinese electric vehicles (EVs) following Washington’s announcement of hefty levies. RELATED: High Tariffs on Chinese Electric Vehicles Hurt US Consumers Scholz and Kristersson expressed reservations about possible European tariffs on Chinese EVs when asked at a press conference whether they […]
May 17, 2024
High Tariffs on Chinese Electric Vehicles Hurt US Consumers
Some Western media believe that the White House’s decision on Tuesday to increase the tariffs on Chinese electric vehicles (EVs) imports from some 25 percent to 100 percent will hurt U.S. climate goals, industrial competitiveness, and consumer interests. RELATED: The US Aims Its Trade War Towards Chinese Electric Vehicles “U.S. consumers mostly haven’t realized how […]