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u.s. imposes new tariffs, ramping up ‘america first’ trade policy


washington—president donald trump slapped steep tariffs on imports of solar panels and washing machines, kicking off his second year in office by showing he is ready to start implementing his long-promised “america first” trade policy.the moves were announced monday in response to u.s. industry pleas for relief from a recent flood of cheap imports and are the first of what administration officials said would be a series of trade-enforcement actions in the coming months....






u.s. sets new trade tariffs, signaling new phase in ‘america first’ policy


washington—president donald trump slapped steep tariffs on imports of solar panels and washing machines, kicking off his second year in office by showing he’s ready to start implementing his long-promised tough “america first” trade policy.the moves were announced monday in response to industry pleas for relief from a recent flood of cheap imports and are the first of what officials said would be a series of new trade-enforcement actions in the coming months....






eu official warn us on trade: eu will hit back if needed


berlin (ap) — a senior european union official is warning that the 28-nation bloc will hit back if u.s. president donald trump takes trade measures against it.eu budget commissioner guenther oettinger told sunday’s edition of germany’s welt am sonntag newspaper: “if european exporters have to pay tariffs, that will become a two-way street. then u.s. exporters will have to pay tariffs here.”trump expressed his annoyance with eu trade policy a week ago, saying that it “may morph into something very big.” the eu then said it stands ready to hit back “swiftly and appropriately” if trump imposes unfair trade measures.oettinger said: “anyone who uses the instrument must know that we also have it. and the european market is at least as big as the american one.”most read storiesunlimited digital a






us slaps 'america first' tariffs on washing machines and solar panels


image copyrightgetty imagesthe us has approved controversial tariffs on imported washing machines and solar panels.the move is in line with president trump's "america first" trade policy, which aims to protect local manufacturers from foreign competition. chinese solar panel makers and washing machine producers in south korea will be most heavily affected.both countries have criticised the tariffs, which president trump has talked about since coming to office.the actions are being seen as the president's most significant trade moves since his decision to pull the us out of the trans-pacific partnership deal (tpp) and renegotiate the north american free trade agreement (nafta). why have the tariffs been imposed?the tougher policy was approved by president trump after the us international tr






us slaps 'america first' tariffs on washing machines and solar panels


image copyrightafpimage caption china and south korea reacted angrily to the move the us has approved controversial tariffs on imported washing machines and solar panels.the move is in line with president donald trump's "america first" trade policy, which aims to protect local manufacturers from foreign competition. a spokesman said the administration would "always defend american workers, farmers, ranchers and businessmen".but china and south korea, whose manufacturers will be most heavily affected, criticised the move.us officials said more trade enforcement actions would follow.media playback is unsupported on your devicemedia captiondonald trump inauguration: 'america first, america first'mr trump has talked about taking the action ever since coming to office. in his inauguration speec






'hard' brexit offers '£135bn annual boost' to economy


image copyrightgetty imagesremoving all trade tariffs and barriers would help generate an annual £135bn uplift to the uk economy, according to a group of pro-brexit economists. a "hard" brexit is "economically much superior to soft" argues prof patrick minford, lead author of a report from economists for free trade.he says eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains.campaigners against a hard brexit said the plan amounts to "economic suicide".what is the customs union?the uk is part of the eu customs union, and so imposes tariffs - taxes on imports - on some goods coming into the country.countries in the customs union don't impose tariffs on each other's goods, and every country inside the union levies the same tariffs on imports from abroa






hard brexit 'offers £135bn annual boost' to economy


image copyrightgetty imagesremoving all trade tariffs and barriers would help generate an annual £135bn uplift to the uk economy, according to a group of pro-brexit economists. a hard brexit is "economically much superior to soft" argues prof patrick minford, lead author of a report from economists for free trade.he says eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains.campaigners against a hard brexit said the plan amounts to "economic suicide".what is the customs union?the uk is part of the eu customs union, and so imposes tariffs - taxes on imports - on some goods coming into the country.countries in the customs union don't impose tariffs on each other's goods, and every country inside the union levies the same tariffs on imports from abroad.






china fires back at u.s. on trade, challenging tariffs


washington—china is showing a willingness to push back against mounting trade pressure from the trump administration, filing challenges to new u.s. tariffs on solar panels and washing machines at the world trade organization.the petitions submitted to the global commerce arbiter on tuesday argue that the tariffs “are not consistent” with international rules, and seek compensation from washington.the...






canada files wto complaint over u.s. use of tariffs


ottawa—canada is challenging the trump administration’s use of tariffs in a complaint filed with the world trade organization, just weeks before crucial talks on revamping the north american free trade agreement get under way in montreal.canada says the complaint, made public wednesday, is part of “broader litigation” to defend the country’s softwood-lumber producers, which were hit last year with u.s. tariffs of 20% or more. the complaint alleges the u.s. application of tariffs, and their calculation, are “inconsistent”...






'hard' brexit offers '£135bn annual boost' to economy


image copyrightgetty imagesremoving all trade tariffs and barriers would help generate an annual £135bn uplift to the uk economy, according to a group of pro-brexit economists. a "hard" brexit is "economically much superior to soft" argues prof patrick minford, lead author of a report from economists for free trade.he says eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains.other economists say cutting barriers sets off a "race to the bottom".economist monique ebell from the national institute of social and economic research (niesr) says prof minford "ignores decades of evidence on how trade actually works".ms ebell's own research showed that if the uk left the single market but made unilateral trade deals with major developing economies and the an






'hard' brexit offers '£135bn annual boost' to economy


image copyrightgetty imagesremoving all trade tariffs and barriers would help generate an annual £135bn uplift to the uk economy, according to a group of pro-brexit economists. a "hard" brexit is "economically much superior to soft" argues prof patrick minford, lead author of a report from economists for free trade.he says eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains.other economists say cutting barriers sets off a "race to the bottom".economist monique ebell from the national institute of social and economic research (niesr) says prof minford "ignores decades of evidence on how trade actually works".ms ebell's own research showed that if the uk left the single market but made unilateral trade deals with major developing economies and the an






u.s. trade body recommends tariffs of up to 50% on washing-machine imports


federal trade regulators have recommended that the trump administration impose big tariffs on imported washing machines to protect whirlpool corp. and other u.s. manufacturers.members of the u.s. international trade commission, a bipartisan agency that oversees trade, on tuesday released three sets of recommendations that include tariffs of 50% on imported washers exceeding a quota of 1.2 million units annually. their recommendations follow their finding in october that whirlpool and other domestic washer makers suffered...






u.s. tariffs pose new reckoning on canada’s lumber sector


ottawa—canadian lumber producers have inoculated themselves for years from u.s. trade risks by ramping up sales to china and buying sawmills in the southern u.s. the trump administration’s action this week on softwood lumber now puts that strategy to the test.of all canada’s commodity sectors, forestry is best acquainted with the risks posed by protectionist leanings and policy uncertainties of the sort that now dominate...






trump imposes tariffs on solar panels, washing machines in first major trade act


president donald trump took action in two pending trade disputes monday, imposing tariffs on imported solar panels and washing machines.the twin actions represent trump's first tariff orders and are his most consequential trade actions since the early days of his presidency when he withdrew from a pacific trade deal and launched negotiations to overhaul the north american free trade agreement.the moves come in response to petitions from american manufacturers, who complained for years that rising imports were eating into their sales, and may signal the start of a wider administration offensive against u.s. trading partners."there's a real chance that this opens the floodgates," said chad bown, a trade expert at the peterson institute for international economics.on solar panels, trump impos






u.s. weighs tariffs against vespas, cheeses in trade beef with eu


washington—the trump administration is poised to demonstrate its promised tough approach to trade rules in a long-simmering dispute with the european union over beef.the u.s. is considering imposing tariffs of 100% on perrier mineral water, vespa motor scooters and roquefort cheese in response to the eu’s longstanding ban of american beef from hormone-treated cattle. prompting that menu of punitive tariffs are complaints from u.s....






canada files wto complaint over u.s. use of tariffs


canada is challenging the trump administration’s use of tariffs in a complaint filed with the world trade organization, just weeks before crucial talks on revamping the north american free trade agreement get under way in montreal.






eu weighs retaliatory measures as us eyes steel tariffs


brussels (ap) — the european union’s top trade official says the bloc is preparing retaliatory measures in case the united states goes ahead with plans to impose steel tariffs on imports.eu trade commissioner cecilia malmstroem said the bloc was “making preparations” to retaliate in the event the u.s. introduces new tariffs.malmstroem said monday that the eu would study any action by washington to see whether the move complies with the rules of the world trade association, the body that oversees global trade.she added that the indications are that the eu “would be unjustifiably hit.”most read storiesunlimited digital access. $1 for 4 weeks.one reason why donald trump became president was his promise to revive american steel. that helped him win states like pennsylvania.






'america first' tariffs on imports spark asia outcry


image copyrightafpimage caption china says its fast-paced growth in the solar sector makes it a "target of protectionism" china and south korea have vowed to defend their interests after the us slapped new tariffs on imported washing machines and solar panels.the tariffs - of up to 50% - will affect the two asian countries more than any other. they are part of us president donald trump's "america first" trade policy, which aims to protect local manufacturers from foreign competition.south korea said it would complain to the world trade organization (wto).china, the world's biggest solar panel producer, said the move was an "overreaction" and pledged to "work with other wto members to resolutely defend its legitimate interests".india's prime minister narendra modi spoke against tariffs at t






u.s. imposes additional tariffs on canadian lumber as dispute escalates


trade tensions rise between the world’s largest softwood lumber exporter and its biggest market, as u.s. secretary of commerce wilbur ross says he will “stand up for american companies and their workers.”the u.s. will impose further punitive tariffs on imports of softwood lumber from canada, escalating a longstanding trade dispute that’s already led to higher timber prices.preliminary anti-dumping duties of as much as 7.7 percent will be levied on canadian producers, the u.s. department of commerce said monday in a statement. the move follows the government’s decision in april to slap countervailing tariffs of up to 24.1 percent on shipments from canadian companies including west fraser timber co. and canfor corp.until canada and the u.s. reach a negotiated solution on softwood lumber, the






‘worst deal ever’: trump makes a mess of trade talks


leaving nafta, the american automotive policy council concludes, would amount to a “$10 billion tax” on u.s. manufacturers. u.s. makers of auto parts say it would force them alone to cut up to 50,000 american jobs.america’s closest neighbors, mexico and canada, rank high on donald trump’s to-do list of allies to offend. the north american free trade agreement, the president insists, is “the worst deal ever.” actually, it’s been a mostly good deal for all three partners. but even if the u.s. stays in it, trump’s crazy-man act has already done the dirty deed, damaging america’s ability to compete globally.true to style, trump started talks by bellowing invective against the negotiating partners. he repeatedly demanded an insulting wall with mexico and turned the usual trade skirmishes with c






trump oks tariffs for solar-energy components, washing machines


washington – president donald trump on monday approved tariffs on imported solar-energy components and large washing machines in a bid to help u.s. manufacturers.the president's decision followed recommendations for tariffs by the u.s. international trade commission."the president's action makes clear again that the trump administration will always defend american workers, farmers, ranchers, and businesses in this regard," u.s. trade representative robert lighthizer said in a statement announcing the decision.most imported solar modules will face an immediate tariff of 30 percent, with the rate declining before phasing out after four years.for large residential washing machines, tariffs will start at up to 50 percent and phase out after three years.the u.s. solar industry was split over th






trump and bannon threaten global trade war — as horrified cabinet officials beg


president donald trump has reportedly cast aside his cabinet’s international trade plan and is mulling a move to out-and-out economic warfare with the rest of the world, including current trading partners like china and germany.axios.com said friday that a tense monday meeting in the white house’s roosevelt room saw the president’s team divided into factions, the larger more moderate group and a small cabal of “america first advisers” who demanded that tariffs be placed on all imported products, including steel.these tariffs — taxes or “duties” paid on items imported from other countries — could extend to include crucial manufacturing materials like aluminum, semiconductors, paper and household appliances like washing machines.among around 25 officials, the vote count was “22 against and 3






trump’s ustr nominee pledges ‘america first’ trade policy


president donald trump’s nominee for u.s. trade representative told u.s. senators on tuesday that he agrees with trump’s call for an “america first” trade policy with better-negotiated trade deals and stronger enforcement of u.s. trade laws.robert lighthizer said in his confirmation hearing that he would develop and implement a policy that increases trade, grows the economy and makes trade “freer and fairer” while benefiting u.s. workers, farmers and businesses.“i further believe we need an international trade system that functions the way it was negotiated and that the united states must be ready to work with like-minded trading partners to ensure fair trade and to encourage market efficiency,” lighthizer said in prepared remarks to the senate finance committee.(reporting by david lawder;






is china the unfair trade villain trump says it is?


president donald trump thinks china has repeatedly sucker-punched the u.s. economy with unfair trade policies. and he plans to air his grievances with the chinese leader, xi jinping, at their two-day summit starting thursday in florida. the meeting will be “very difficult,” said mr. trump, whose criticism of beijing resonates with his voter base.is china’s trade behavior as wicked as president trump says? not quite. in short, it’s not as bad as it used to be and in some regards has improved. but its bias remains pretty blatant, with plenty of one-sided policies and high tariffs. mr. trump’s rhetoric about chinese trade actions isn’t always accurate or up-to-date, yet china’s leadership does continue to tilt the game board in its direction. so the president has talked about protectionist st






mps want brexit fund for uk farmers


image copyrightgetty imagesimage caption sheep meat exports to the eu could be subject to high tariffs if their is no uk-eu brexit deal mps scrutinising the government's plans for the agriculture industry after brexit want funding for farmers when eu subsidies end, they said in a report.without an eu-uk trade deal, farm exports face tariffs from march 2019.uk shoppers would also likely see price rises from eu imports such as danish pork and french cheese, the mps found.however the department for environment, food and rural affairs (defra) said it could both "secure ambitious free trade deals while supporting farmers".the environment secretary michael gove told farmers in january the government would guarantee subsidies at the current eu level only until the 2022 election.the environment, f






us trade deficit jumps to 5-year high of $48.5 billion


the u.s. trade deficit jumped in january to the highest level in nearly five years as a flood of mobile phones and other consumer products widened america's trade gap with china. the result underscores the challenges facing president donald trump in fulfilling a campaign pledge to reduce america's trade deficits.the deficit in january rose 9.6 percent to $48.5 billion, up from a december deficit of $44.3 billion, the commerce department reported tuesday. it was the largest monthly gap since a deficit of $50.2 billion in march 2012.u.s. exports edged up a slight 0.6 percent to $192.1 billion, helped by stronger auto sales. but that was swamped by a 2.3 percent surge in imports to $240.6 billion, led by mobile phones, oil and foreign-made cars.during the campaign, trump pledged to attack ame






u.s. trade deficit jumps to 5-year high of $48.5 billion


the u.s. trade deficit jumped in january to the highest level in nearly five years as a flood of mobile phones and other consumer products widened america's trade gap with china. the result underscores the challenges facing president donald trump in fulfilling a campaign pledge to reduce america's trade deficits.the deficit in january rose 9.6 percent to $48.5 billion, up from a december deficit of $44.3 billion, the commerce department reported tuesday. it was the largest monthly gap since a deficit of $50.2 billion in march 2012.u.s. exports edged up a slight 0.6 percent to $192.1 billion, helped by stronger auto sales. but that was swamped by a 2.3 percent surge in imports to $240.6 billion, led by mobile phones, oil and foreign-made cars.during the campaign, trump pledged to attack ame






us senators call for lower tariffs on pecan exports to india


albuquerque, n.m. (ap) — several u.s. senators are urging federal trade officials to take action to lower tariffs on pecan exports to india in hopes of helping growers in a number of pecan-producing states.the bipartisan group of lawmakers sent a letter recently to u.s. trade representative robert lighthizer, saying the high tariffs are affecting american farmers and have created a trade barrier not imposed on other tree nut producers.the lawmakers said a key part of strengthening the nation’s relationship with india will be reducing the tariffs that are impeding u.s. agricultural exports.according to the letter, the pecan industry contributes over $3.75 billion to the rural economies of more than a dozen pecan-producing states that stretch from the carolinas to california.most read storie






us trade deficit jumps to 5-year high of $48.5 billion


washington — the u.s. trade deficit jumped in january to the highest level in nearly five years as a flood of mobile phones and other consumer products widened america's trade gap with china. the result underscores the challenges facing president donald trump in fulfilling a campaign pledge to reduce america's trade deficits.the deficit in january rose 9.6 percent to $48.5 billion, up from a december deficit of $44.3 billion, the commerce department reported tuesday. it was the largest monthly gap since a deficit of $50.2 billion in march 2012.u.s. exports edged up a slight 0.6 percent to $192.1 billion, helped by stronger auto sales. but that was swamped by a 2.3 percent surge in imports to $240.6 billion, led by mobile phones, oil and foreign-made cars.during the campaign, trump pledged






boeing’s biggest trade fight could spark a u.s. confrontation with europe


despite its loss in u.s. trade court against bombardier, boeing believes 2018 will be a turning point in its lengthy wto challenge to airbus over government subsidies. the threat of hefty tariffs could redraw the playing field — or trigger a trade war among traditional allies.boeing’s lawyers, still smarting from the shock of losing their u.s. trade-court case against bombardier’s cseries jets, are now awaiting an imminent ruling in a bigger trade fight over government subsidies.in a case against airbus that’s slogged on for nearly 15 years and has seemed endless, boeing now insists it’s within sight of a final victory.and though the dispute long predates president donald trump, his administration’s hard-nosed “america first” posture on trade disputes — ready to impose tariffs rather than






the folly of a trumpist trade war


the president’s ignorance-based policies won’t end well.remember when president donald trump declared that “nobody knew that health care could be so complicated”? it was a rare moment of self-awareness for the tweeter-in-chief: he may, briefly, have realized that he had no idea what he was doing.actually, though, health care isn’t all that complicated. and republican “reform” plans are brutally simple — with the emphasis on “brutally.”trump may be the only person in washington who doesn’t grasp their essence: take health insurance away from tens of millions so you can give the rich a tax cut.some policy subjects, on the other hand, really are complicated. one of these subjects is international trade. and the great danger here isn’t simply that trump doesn’t understand the issues. worse, he






despite promise, no decision yet from trump on steel tariffs


washington — president donald trump pledged during the campaign to help u.s. factory workers by slapping tariffs on foreign steel. but his long-awaited decision on the issue is running behind schedule and administration officials are leaving plenty of wiggle room on what direction he'll take.commerce secretary wilbur ross initially hoped to finish a report on tariffs last month, but his department has been holding off as the pentagon weighs in about impact of steel tariffs on national security. the delay is an example of the difficulty trump faces in delivering on his ambitious policy agenda — on taxes, health insurance and more — as quickly as he told voters he could.white house officials have hinted that tariffs still are coming. asked on "fox news sunday" over the weekend if the preside






us defends trade barriers as davos braces for trump


davos, switzerland — the united states is committed to free and fair trade while bracing itself for possible retaliation from china over new tariffs, top u.s. cabinet members said wednesday, ahead of a much-ballyhooed visit by president donald trump to the world economic forum in davos, switzerland.days after trump backed new tariffs on imported solar-energy components and large washing machines, his combative commerce secretary, wilbur ross, conceded that china could respond by imposing its own tariffs on u.s. products."in terms of any trade action you take, there's always potential for retribution or retaliation and that's up to the chinese to decide," ross told journalists wednesday as part of the largest-ever u.s. delegation to the annual davos gathering of business and political leade






trump misses deadline without steel tariffs decision


washington (ap) — president donald trump pledged during the campaign to help u.s. factory workers by slapping tariffs on foreign steel. but his long-awaited decision on the issue is running behind schedule and administration officials are leaving plenty of wiggle room on what direction he’ll take.commerce secretary wilbur ross initially hoped to finish a report on tariffs last month, but his department has been holding off as the pentagon weighs in about impact of steel tariffs on national security. the delay is an example of the difficulty trump faces in delivering on his ambitious policy agenda — on taxes, health insurance and more — as quickly as he told voters he could.white house officials have hinted that tariffs still are coming. asked on “fox news sunday” over the weekend if the pr






trump misses deadline without steel tariffs decision


washington — president donald trump pledged during the campaign to help u.s. factory workers by slapping tariffs on foreign steel. but his long-awaited decision on the issue is running behind schedule and administration officials are leaving plenty of wiggle room on what direction he'll take.commerce secretary wilbur ross initially hoped to finish a report on tariffs last month, but his department has been holding off as the pentagon weighs in about impact of steel tariffs on national security. the delay is an example of the difficulty trump faces in delivering on his ambitious policy agenda — on taxes, health insurance and more — as quickly as he told voters he could.white house officials have hinted that tariffs still are coming. asked on "fox news sunday" over the weekend if the preside






india, canada defend free trade as us imposes tariffs


davos, switzerland — just hours after president donald trump approved new tariffs on imports, the leaders of canada and india came out forcefully tuesday against a drift toward protectionism in the global economy.while indian prime minister narendra modi said new barriers to trade could pose a danger on a par with climate change and extremist attacks, his canadian peer, justin trudeau, revealed that his country and the 10 remaining members of the trans-pacific partnership have revised their trade deal in the wake of the u.s. withdrawal."forces of protectionism are raising their heads against globalization," modi told a crowd of business and government leaders in the opening address at the world economic forum in davos. "it feels like the opposite of globalization is happening."modi's messa






us offers $3 million prize to boost solar manufacturing


after imposing tariffs opposed by much of the u.s. solar industry, the trump administration is offering a $3 million prize to revive domestic solar manufacturing.the energy department said wednesday that the american made solar prize would help "reassert american leadership in the solar marketplace."earlier this week, president donald trump decided to impose tariffs of up to 30 percent on most imported solar cells used in solar panels.a federal trade panel recommended the tariffs, which had been sought by two u.s. manufacturers.most of the u.s. solar industry revolves around installing solar systems for homeowners and utilities, and those companies largely opposed the tariffs. they say tariffs will raise their costs and make solar less price-competitive with other energy sources.






u.s. trade panel lets boeing claim over bombardier proceed


a u.s. trade court allowed boeing to continue pressing for tariffs against its canadian competitor over the contention that bombardier’s c series jets are being sold at “absurdly low” prices thanks to unfair government subsidies in canada.a u.s. trade court ruled that boeing’s commercial jet business may have been harmed by sales of passenger planes by bombardier inc. at less than fair value. the court decision allows boeing to continue pressing for tariffs against its canadian competitor.the u.s. international trade commission ruled friday that there’s reasonable indication that boeing’s business may have been hurt or threatened by bombardier sales in the u.s. of its c series jets.the commerce department is investigating separately whether to impose duties on the bombardier planes. a nega






canada steps up fight over u.s. lumber tariffs


ottawa—canada on tuesday said it intends to escalate its legal fight against the u.s. commerce department’s decision to slap tariffs of roughly 20% or more on canadian lumber imports.the canadian government filed a notice to set up a dispute-resolution panel under the terms available through north american free-trade agreement. these expert panels have the power to overturn or sustain tariffs imposed by the u.s., canada or mexico on goods from one of its nafta partners....






u.s. weighs beef against scooters, cheese in trade dispute with eu


washington—the trump administration is poised to demonstrate its promised tough approach to trade rules in a long-simmering dispute with the european union over beef.the u.s. is considering imposing tariffs of 100% on perrier mineral water, vespa motor scooters and roquefort cheese in response to the eu’s longstanding ban of american beef from hormone-treated cattle. prompting that menu of punitive tariffs are complaints from u.s....






us officials defend trade moves as davos braces for trump


davos, switzerland — top u.s. officials trumpeted america's commitment to free and fair trade while bracing for possible retaliation by china over new u.s. import tariffs, ahead of a much-ballyhooed visit by president donald trump to the world economic forum in davos, switzerland.treasury secretary steven mnuchin and commerce secretary wilbur ross met with journalists wednesday as the largest-ever u.s. delegation to the annual davos gathering of business leaders, globalists, academics and other elites prepared for trump's arrival a day later.trump's visit has sparked scattered, small protests in switzerland and some participants among the 3,000 on hand say he's not welcome because of his controversial tweets, "america first" tack, and trade policies that have raised hackles abroad.mnuchin






bombardier dispute: us court overturns punitive tariffs


media playback is unsupported on your devicemedia captionbombardier's belfast workforce was not going to back down, said unite's susan fitzgeraldcanadian aerospace firm bombardier has won a landmark case in the us, overturning a decision to impose huge 292% tariffs on imports of its c-series planes, partly built in the uk. it follows a ruling by the us commerce department in december that the uk and canada had given it unfair subsidies.uk prime minister theresa may welcomed the ruling - which safeguards thousands of jobs in northern ireland.but it's seen as a blow to us president trump's "america first" trade policy.bombardier had been widely expected to lose the case, which followed a complaint by its us rival, boeing. but in a surprise ruling, the us international trade commission (itc)






donald trump's big chance to cripple solar


when president trump announced he was withdrawing the u.s. from the paris climate accord, there was much wringing of hands. in truth, substantively, it wasn’t such a big deal. but come the fall, trump may have a chance to really hurt american carbon-reduction and renewable-energy efforts.sitting before the u.s. international trade commission (itc) is a petition from two bankrupt solar-panel manufacturers citing an obscure and rarely used section of trade law that would give the president power to impose sweeping tariffs on imported solar cells. tariffs that could double the cost of a panel.as part of his “america first” mantra, trump has been spoiling to show how tough he is on trade. he slapped a tariff on canadian soft lumber, even though economists say it will boost the price of new hom






u.s. trade commission rejects trump administration's bid to impose tariffs on ca


u s. trade officials friday rejected a complaint by boeing co. that it was harmed by the alleged dumping of regional jets made by canadian rival bombardier — a surprising conclusion to a trade dispute that has stirred up rancor between the two nations and threatened to aggravate efforts to renegotiate the north american free trade agreementthe 4-0 decision by the independent u.s. international trade commission is a blow to the trump administration. the commerce department had recommended slapping tariffs of almost 300% on bombardier. commerce officials last year agreed with chicago-based boeing's allegations that the government-subsidized canadian aircraft manufacturer had sold its c-series airplanes to delta air lines at a price below the cost of production.advertisementunder u.s. law, a






u.s. trade commission rejects trump administration's bid to impose tariffs on ca


u s. trade officials friday rejected a complaint by boeing co. that it was harmed by the alleged dumping of regional jets made by canadian rival bombardier — a surprising conclusion to a trade dispute that has stirred up rancor between the two nations and threatened to aggravate efforts to renegotiate the north american free trade agreementthe 4-0 decision by the independent u.s. international trade commission is a blow to the trump administration. the commerce department had recommended slapping tariffs of almost 300% on bombardier. commerce officials last year agreed with chicago-based boeing's allegations that the government-subsidized canadian aircraft manufacturer had sold its c-series airplanes to delta air lines at a price below the cost of production.advertisementunder u.s. law, a






trump slaps big tariffs on imported solar panels in major escalation of a trade


the trump administration announced monday that it would impose hefty tariffs on the cheap, imported panels that have driven the rapid expansion of solar power in the united states, a move that industry groups warned would slow the spread of renewable energy and cost thousands of jobs.the tariffs come as president trump has vowed to take a tough line against cheap foreign imports that he blames for undercutting american manufacturing industries.advertisementthe administration also announced it would impose hefty tariffs on imported large residential washing machines. in both cases, inexpensive imports — mostly from china in the case of the solar panels — have undercut u.s. manufacturers, administration officials said.imports from china have been a particular target of trump's rhetoric. the






why trump the trade critic now offers an outstretched hand


washington (ap) — what happened to donald trump the “america first” trade warrior?this week, trump abandoned a campaign vow to label china a currency manipulator. two weeks ago, his administration proposed a mild rewrite of the north american free trade agreement, which he’d previously branded a job-killing “disaster.” and his threat to slap harsh tariffs on chinese goods has given way to a bid to mend fences with beijing.this hardly resembles the candidate trump who sold himself as a pugnacious outsider, hell-bent on upending decades of u.s. support for ever-freer trade to safeguard american jobs from nations that play unfairly.the recent climb-downs suggest a new president learning that go-it-alone trade policies don’t easily work.most read stories3-course dinners for $32 starting april






us defends trade barriers as davos braces for trump


by jamey keaten and pan pylas | associated pressdavos, switzerland — the united states is committed to free and fair trade while bracing itself for possible retaliation from china over new tariffs, top u.s. cabinet members said wednesday, ahead of a much-ballyhooed visit by president donald trump to the world economic forum in davos, switzerland.days after trump backed new tariffs on imported solar-energy components and large washing machines, his combative commerce secretary, wilbur ross, conceded that china could respond by imposing its own tariffs on u.s. products.start your day with the news you need from the bay area and beyond. sign up for our new morning report weekday newsletter.“in terms of any trade action you take, there’s always potential for retribution or retaliation and that






hard brexit 'offers £135bn annual boost' to economy


image copyrightpaimage caption prof patrick minford says dropping all tariffs after brexit will boost the uk economy by billions removing all trade tariffs and barriers would help generate an annual £135bn uplift to the economy, according to a group of pro-brexit economists. a hard brexit is "economically much superior to soft" argues prof patrick minford, lead author of a report from economists for free trade.he says eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains.campaigners against a hard brexit said the plan amounts to "economic suicide".in an introduction to the full report, entitled from project fear to project prosperity, which is due to be published in the autumn, prof minford argues that the uk could unilaterally eliminate trade barrie






why trump the trade critic now offers an outstretched hand


washington — what happened to donald trump the "america first" trade warrior?this week, trump abandoned a campaign vow to label china a currency manipulator. two weeks ago, his administration proposed a mild rewrite of the north american free trade agreement, which he'd previously branded a job-killing "disaster." and his threat to slap harsh tariffs on chinese goods has given way to a bid to mend fences with beijing.this hardly resembles the candidate trump who sold himself as a pugnacious outsider, hell-bent on upending decades of u.s. support for ever-freer trade to safeguard american jobs from nations that play unfairly.the recent climb-downs suggest a new president learning that go-it-alone trade policies don't easily work."the president is beginning to adjust his policies to economic