The tariffs, some as high as 45 percent, are intended to to protect Europe’s automotive sector, but they could escalate a trade war with China.
Category: Customs (Tariff)
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Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.
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Global Economic Leaders Confront a New Era of Industrial Policy
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.
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Trump Flirts With the Ultimate Tax Cut: No Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.
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Yellen to Warn Sweeping Tariffs Would Ignite Inflation
The Treasury secretary plans to criticize former President Donald J. Trump’s economic proposals in a speech.
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Harris and Trump Push Economic Plans to Woo Holdouts
The candidates provided more detail on how they would bolster the economy, with ideas ranging from tariffs to more assistance for Black entrepreneurs.
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Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.
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Chinese Automakers Show Force at Paris Auto Show
Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.
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China to Penalize European Brandy Imports, Striking Back at Car Tariffs
Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a threat to also hit pork and car imports.
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Europe Votes to Impose Higher Tariffs on Electric Cars From China
European Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.
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Europe Expected to Approve Higher Tariffs on Electric Cars From China
The European Union is expected to support wielding tariffs on electric vehicles made in China, seeking to prevent unfair competition.