Tag Archives: tariffs

Factbox: U.S. tech firms bemoan impact of Trump trade tariffs

Factbox: U.S. tech firms bemoan impact of Trump trade tariffsThe following are comments made by U.S. tech companies since Trump’s announcement. ** Apple Inc said a “wide range” of its products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods but gave no sign of an impact on its iPhone. Apple said its MacMini, a low-priced computer that comes without a keyboard or mouse, would be affected.



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Trump tells Apple to make products in US if it does not want to be hurt by his tariffs

Trump tells Apple to make products in US if it does not want to be hurt by his tariffsDonald Trump has told Apple that it should make its products in America if it wants to avoid tariffs set to be placed on imports from China. The US president told the world’s most valuable company: “Start building new plants now. “Because all tariffs ultimately show up as a tax on US consumers, they will increase the cost of Apple products that our customers have come to rely on in their daily lives,” the company said in a letter to the Office of the United States Trade Representative.



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Ford Won't Sell the Focus Active in America Thanks to Trump's Tariffs

Ford Won't Sell the Focus Active in America Thanks to Trump's TariffsThe trade war with China has claimed a vehicular victim.



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Ford Cancels Focus Crossover For U.S. Consumers After Trump's Trade War Tariffs

Ford Cancels Focus Crossover For U.S. Consumers After Trump's Trade War TariffsFord Motor Company announced on Friday it's ditching plans to bring its new



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US trade panel blocks tariffs on Canada newsprint imports

US trade panel blocks tariffs on Canada newsprint importsA US trade panel on Wednesday blocked tariffs imposed on Canadian newsprint imports which drew sharp protests because of their impact on struggling American newspapers. The decision, which is subject to appeal, means the preliminary tariffs of up to 30 percent imposed earlier this year by the Commerce Department are canceled and money collected will be refunded.



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Trump escalates feud with Turkey, imposing higher metals tariffs

Trump escalates feud with Turkey, imposing higher metals tariffsCriticizing the state of the U.S. relationship with Ankara, Trump announced on Twitter that he had authorized a doubling of duties on aluminum and steel imported from Turkey, making them 20 percent and 50 percent respectively. The White House said Trump would use a section of U.S. law that allows for tariffs on national security grounds to impose the increased duties. Washington and Ankara have been at odds for months over an American pastor detained in Turkey, the Syrian civil war and other diplomatic issues.



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What Trump doesn’t understand about trade and tariffs

What Trump doesn’t understand about trade and tariffsYahoo Finance columnist Rick Newman takes issue with the president’s economic prescriptions on trade.



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Canada Begins Imposing Tariffs on U.S. Goods From Ketchup to Lawn Mowers

Canada Begins Imposing Tariffs on U.S. Goods From Ketchup to Lawn MowersCanada began imposing tariffs Sunday on $ 12.6 billion in U.S. goods as retaliation for the Trump administration’s new taxes on steel and aluminum imported to the United States.



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Harley-Davidson moves some work from US due to tariffs

Harley-Davidson moves some work from US due to tariffsHarley-Davidson plans to shift some manufacturing of the iconic motorcycles overseas to avoid retaliatory European tariffs imposed last week, the company said Monday. The European Union hit the American motorcycles with duties of 31 percent on Friday, up from six percent, boosting the cost to EU consumers by about $ 2,200. The EU targeted the US vehicles as part of its rebuttal to President Donald Trump’s tariffs on imported aluminum and steel, one aspect of his multi-front trade war.



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Harley-Davidson to move some production overseas to offset tariffs

Harley-Davidson to move some production overseas to offset tariffsThe company said it expects the tariffs will result in an incremental cost of about $ 2,200 per average motorcycle exported from the U.S. to the E.U.



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