Metal Tariffs - Tourist Trap - Village Business
Despite their repeated attempts, US retailers have so far been unable to veer President Trump away from imposing tariffs on imports from China. His latest tariffs, however, have the potential to hit American consumers.
Amid intensifying trade friction between Washington and Beijing, a new round of US tariffs took effect on Monday, raising the stakes for both sides. China seems to have several tools up its sleeve to counter US tariffs.
US Trade Representative Robert Lighthizer has said the scope of tariffs on China is set to increase. The measure would come amid an ongoing trade dispute and after Trump threatened to apply levies on all Chinese goods.
The United States has made true on its promise to hit the European Union with higher import tariffs on steel and aluminum. But there needs to be a distinction between bluster and true inequality says DW's Timothy Rooks.
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