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All Stories: Tariffs

Trump’s tariffs could cost carmakers up to 17% of profits

European and American carmakers are set to lose up to 17% of their combined annual core profits if the US imposes import tariffs...

Britain charts tricky trade course as Trump threatens tariffs

LONDON: Britain will aim to convince Donald Trump its services-dominated trade with the United States should escape the worst of tariffs even as it...

Trump tariffs would ‘kill 400,000 jobs’

Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a...

PTA’s new move to reduce charges of off-net mobile calls

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has reduced the Mobile Termination Rate (MTR) from Rs. 0.70 per minute to Rs. 0.50 per minute from 1st...

Sindh minister declines gas price hike, demands representation in OGRA

Price hike in gas and petroleum utilities is unacceptable which OGRA decided on its own without considering the grievances by the province

Energy ministry hikes electricty unit prices by Rs1.95

Federal minister blames the past governments for the hike saying increase came due to a hefty circular debt thanks to the previous policies

China suspends planned tariffs on US goods

China will suspend the planned addition of 10 percent and 5 percent tariffs on some US imports.

France vows ‘strong response’ to threatened US tariffs

Bruno Le Maire on Tuesday promised a "strong" EU response to threatened US tariffs on French goods, as another front split open in the US trade war

Trump will not impose tariffs on EU cars: Juncker

President Donald Trump's administration has been threatening since last year to impose tariffs on auto imports to defend the US automaking sector, a symbol of American manufacturing.

US-China tariffs drag global growth to lowest in a decade: IMF

The institution said the decline of some $1.5 trillion between 2017 and 2018 reflected purely financial operations.

Boeing says Airbus could still avoid tariffs by obeying WTO

Boeing Co on Wednesday urged Airbus to comply with World Trade Organization rulings on European subsidies to avoid U.S. sanctions that would hurt not only the planemaker but also the wider European economy.

China lodges tariff case at WTO against the US

China did not release details of its legal case but said the U.S. tariffs affected $300 billion of Chinese exports.

Trump regrets not raising tariffs on China higher, White House says

Trump announced the additional duty on some $550 billion in targeted Chinese goods on Friday

US delays tariffs on some Chinese goods, drops others

The US Trade Representative said that it is still planning to go ahead with 10 percent tariffs on about $300 billion in Chinese imports

Trump again attacks India, says tariffs ‘unacceptable’

Trump's sparring with Delhi over trade has heated up just as Washington seeks to resolve its year-long trade battle with China.

Trump says he would impose additional tariffs on China

Donald Trump said on Wednesday he would impose additional tariffs on China if he did not reach a trade deal with Chinese leader Xi Jinping

Apple says US tariffs on China to hurt global competitiveness

Apple Inc said proposed U.S. tariffs on goods from China, including iPhones, iPads, and Macs, will reduce the company’s contributions to the U.S. economy and hurt its global competitiveness.

India set to levy higher tariffs on some US goods next week

India is preparing to impose higher tariffs on some US goods including almonds, walnuts and apples next week after a delay of about a year

China raises tariffs on US goods amid esclating tensions

China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of "unreliable" foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.

Tariffs, government shutdown weigh on still-growing economy: Fed

Slowing global growth and the 35-day partial federal government shutdown weighed on the U.S. economy in the first weeks of 2019, but it continued growing amid still-tight labor markets, the Federal Reserve reported on Wednesday.
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