Tariff Wars


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China adds 55% tariff to Brazil beef imports

BEIJING: China will collect an additional 55% tariff on beef imports from Brazil beginning on October 1, on top of the current applicable rate, the Chinese commerce ministry said on Wednesday.

Sino-US trade gets reciprocal tariff cut boost

CHINA and the United States have released reciprocal lists of products worth about $30 billion each for tariff cuts under the newly established Board of Trade framework, a move that is expected to further strengthen bilateral trade, the Ministry of Commerce said on Monday.

US, China ease tariffs on US$60bil in trade

WASHINGTON: The United States and China detail a plan to cut tariffs on about US$30bil of imports from each country, as the superpower rivals take steps to steady ties following a summit between leaders Donald Trump and Xi Jinping.

China says US trade truce extension creates space to advance talks

BEIJING: China said on Monday a two-month extension of a trade truce with the United States would provide space for both sides to evaluate the implementation of their arrangement to resolve economic and trade issues, while considering how to advance on those fronts

Chinese beauty product exporters are sitting pretty despite US trade dispute

SINGAPORE/LIANYUNGANG, China: From pre-bleached straight hair wigs to wavy clipped extensions and blinged-out coffin-shaped nails, sales of Chinese-made beauty accessories are surging across the United States.

Trump vows to double Canadian auto tariffs, escalating fight

US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year, escalating the spiraling trade fight between the two economies.

Canada braces itself for protracted trade war

OTTAWA: Prime Minister Mark Carney's government sees little chance of resuming talks with President Donald Trump before the midterm elections after trade negotiations collapsed, according to people familiar with the matter.

Trump unveils trade actions to compete with China on solar and chips

WASHINGTON: The White House on Thursday imposed a series of price floors and a 15% tariff on products made from polysilicon, the raw material used in semiconductors and solar panels that is primarily produced by China.

Singapore says exports worth US$7.4bil affected by new U.S. tariffs

SINGAPORE: About one-third of Singapore's exports to the U.S., worth S$9.5 billion ($7.4 billion), will be affected by a new U.S. tariff of 12.5% imposed on July 24, Trade Minister Gan Kim Yong said.

Malaysia among 17 economies subject to lower 10% US Section 301 tariff

KUALA LUMPUR: Malaysia has been placed in the lower tariff tier under the United States' Section 301 measures related to forced labour, with a 10% duty taking effect from 12.01 am US time on July 24.