The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.
Category: United States International Relations
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Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.
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Trump Threatens Huge Tariffs on China in Response to Its Retaliation
The president said he would counter Beijing’s tariffs — which came in response to Mr. Trump’s own levies — with even more tariffs on Chinese imports.
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Europe Is Ready to Make Its First Countermove to Trump Tariffs
European Union officials will vet and vote on a list of retaliatory tariffs this week, while contemplating what comes next.
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China Tries to Downplay the Trade War’s Effects on Its Economy
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure. It is also censoring criticism at home.
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China Downplays the Trade War’s Effects on Its Economy
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure and casting itself as a responsible champion of fair trade.
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Vietnam Urges United States to Delay Imposing Tariffs On It
In recent years Vietnam has forged strategic and economic links with the United States, its former foe, making the steep tariff rate all the more of a shock.
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Trump Sounds Defiant Note as Tariffs Roil Markets Again
After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”
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Volkswagen will add an ‘import fee’ to cars sold in the U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.