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On March 22, 2018, Trump signed a memorandum under the Section 301 of the Trade Act of 1974, instructing the United States Trade Representative (USTR) to apply tariffs of $50 billion on Chinese goods. Trump said the tariffs would be imposed due to Chinese theft of U.S. intellectual property. [126]
But Canada isn’t backing down as it plans to impose retaliatory tariffs, announcing a 25% tariff on $155 billion worth of U.S. goods. The first wave — $30 billion — takes effect on Tuesday ...
Goldman Sachs analyst Elsie Peng projects that the incoming Trump administration will sharply increase tariffs on Chinese imports. Average rates will likely rise by 20 percentage points, with ...
During his presidential campaign, Trump also raised the idea of imposing a tariff of up to 60% on all Chinese goods. "The desire to put high tariffs on China seems credible, if you think back to ...
In retaliation for newly announced US tariffs on $50 billion worth of Chinese goods, China will impose tariffs on 128 US goods, effective today. According to a list published by China’s…
Trump has made multiple statements that he intends to impose tariffs on goods from China. He frequently mentions a 60% tariff, but on the campaign trail threatened tariffs as high as 100%.
A 10% across-the-board import tariff plus the additional 60% on Chinese goods could result in a 45% increase in the consumer prices for laptops and tablets, according to an analysis published last ...
The proposed tariffs are estimated to cost the average American household $ ... where these items are manufactured. ... to impose 10%-20% tariffs on all imports and a 60% tariff on Chinese goods. ...