President Trump has halted the administration’s plan to impose tariffs on small-value packages coming from China, allegedly to give governmental agencies more time to sort out how to process the millions of packages that cross the US border daily without paying taxes. The Department of Commerce could put in placeContinue Reading
TESLA AND FARM EQUIPMENT FIRMS Additionally, China announced 10 % tariffs on US land equipment that may affect companies like AGCO, Deere &, Co, and a few big-engine automobiles and cars coming into China from the US. That may apply to Elon Musk’s Cybertruck, a market providing that Tesla hasContinue Reading
Beijing announced on Tuesday ( Dec. 3 ) that it would stifle exports to the United States of some important semiconductor components after Washington announced restrictions aimed at restricting China’s ability to produce advanced chips. Among the materials banned from trade are metals chromium, arsenic and tungsten, Beijing’s business departmentContinue Reading
Beijing stated in August that it would not implement temporary tariffs on European cognac producers even though it had found proof of dumping, but that it would not act out additional actions. From Friday, users will have to spend a” related guarantee” to Chinese customs when importing EU vodka intoContinue Reading
The principles, if confirmed, may mark the latest increase of a bubbling business row between the US and China. Washington announced rough tax increases on Chinese imports like semiconductors and electric vehicles in May. The price hikes hit US$ 18 billion value of Chinese goods, targeting strategic areas like Vehicles,Continue Reading