This is Beirut - Tariffs

Netanyahu and Trump to Talk Tariffs, Iran and Gaza

This is Beirut, 07/04 09:20 - Reading : 4 minute(s)

Donald Trump Benjamin Netanyahu Hamas Israel Gaza Tariffs

Talks on Monday between Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump are expected to be dominated by Washington's shock tariffs on Israel and escalating tensions with Iran. Netanyahu becomes the first foreign leader to meet with Trump in the US capital since the president unveiled sweeping levies on multiple countries ...

Trump's Global Tariff Takes effect in Dramatic US Trade shift

This is Beirut, 05/04 11:20 - Reading : 3 minute(s)

United States Donald Trump China Tariffs

President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy. A 10 percent "baseline" tariff came into place past midnight, hitting most US imports except goods from Mexico and Canada as Trump invoked emergency economic ...

Will China Overcome Trump’s Tariffs?

Christiane Tager, 05/04 08:55 - Reading : 2 minute(s)

United States China Trade war Tariffs

The global stage is in full turmoil. Donald Trump, acting as the grand conductor, has introduced new tariffs that have shaken stock markets and spread panic across the world economy. But the curtain hasn’t dropped yet. China, a major player, is preparing its counterattack and will, as of April 10, impose a 34% tax on American products. The game ...

Defiant Trump Dismisses Stock Market’s Tariff Plunge

This is Beirut, 05/04 05:20 - Reading : 2 minute(s)

United States Donald Trump Tariffs Economy

President Donald Trump goaded China on Friday after the United States' chief economic rival retaliated against his tariffs, and he dismissed falling stock markets over the growing global trade war, touting it as a chance to "get rich." "China played it wrong, they panicked -- the one thing they cannot afford to do!" Trump ...

Where Things Stand in The US-China Trade War

This is Beirut, 04/04 15:55 - Reading : 5 minute(s)

Donald Trump United States Tariffs China economic war

China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. AFP looks at how an escalating trade war between the United States and China is playing out—and what impact it might have. Why is China so vulnerable to tariffs? Trade between the world's two largest ...

Trump Sued Over Emergency Powers to Impose Tariffs on China

This is Beirut, 04/04 15:20 - Reading : 1 minute(s)

Donald Trump USA China Tariffs

A nonprofit group sued US President Donald Trump and his administration on Thursday over alleged misuse of emergency powers to impose tariffs on all imports from China earlier this year. The lawsuit disputed the legality of Trump's executive order from February 1, not the broader set of tariffs announced on Wednesday that also target a number of ...

China Says to Slap Extra 34% Tariffs on US Imports

This is Beirut, 04/04 14:15 - Reading : 1 minute(s)

Donald Trump USA China Tariffs economic war

China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products. "For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed," Beijing's finance ministry said. Beijing's ...

Fitch Downgrades China's Rating to 'A', Outlook Stable

This is Beirut, 03/04 17:10 - Reading : 1 minute(s)

Donald Trump United States China Tariffs

Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns. "The downgrade reflects our expectations of a continued weakening of China's public finances and a rapidly rising public debt trajectory during the country's economic ...

Fresh Trump Tariffs to Take Effect on April 5 and 9

This is Beirut, 03/04 00:17 - Reading : 4 minute(s)

United States Donald Trump Tariffs Trade

President Donald Trump's sweeping new tariffs on US trading partners are set to begin this weekend, said White House officials Wednesday, with a higher rate on "worst offenders" to take effect next week. Declaring that a "national emergency" stemmed from security concerns due to persistent trade deficits, the White House ...

Trump set to Unleash 'Liberation Day' Tariffs

This is Beirut, 02/04 09:55 - Reading : 4 minute(s)

Donald Trump United States Liberation Day Tariffs

US President Donald Trump is poised to unveil sweeping new "Liberation Day" tariffs on Wednesday, but kept the world guessing until the last minute about the scope of an onslaught that could spark a global trade war. Trump will roll out the measures flanked by cabinet members in the Rose Garden of the White House at 4:00 pm (2000 GMT) – after ...

Trump Threatens 200% Tariff on Wine, Champagne from France, other EU countries

This is Beirut, 13/03 15:00 - Reading : 2 minute(s)

Donald Trump European Union United States France Tariffs

US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey. "If this tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all wines, ...

US Trading Partners Hit Back on Steel, Aluminum Tariffs

This is Beirut, 12/03 17:25 - Reading : 4 minute(s)

United States European Union Tariffs

Major US trading partners announced countermeasures Wednesday to President Donald Trump's blanket steel and aluminum tariffs, hours after the levies took effect in a salvo that fueled trade tensions globally. The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in an escalation of ...

Tariffs