Tag: tariffs

Donald Trump delays tariffs on Chinese cellphones, laptops, toys

WASHINGTON — U.S. President Donald Trump on Tuesday backed off his Sept. 1 deadline for 10% tariffs on remaining Chinese imports, delaying duties on cellphones, laptops and other consumer goods, in the hopes of blunting their impact on U.S. holiday sales. The delay which, affects about half of the $ 300 billion target list of…

Trump hits China with more tariffs, says Xi moving too slowly on trade

WASHINGTON — U.S. President Donald Trump vowed to impose a 10% tariff on $ 300 billion of Chinese imports from Sept. 1, sharply raising the stakes in a bruising trade war with China and jolting global financial markets. The announcement on Thursday extends Trump’s trade tariffs to nearly all China’s imports into the United States…

U.S. tariffs will send Mexico gold, silver abroad for processing

Donald Trump’s tariffs targeting Mexico risks backfiring on the U.S., at least in the global metals market. Miners of Mexican precious metals are unlikely to be hit significantly if Trump imposes levies on goods from its neighbour, which is the biggest source of U.S. silver imports and its second-largest gold supplier. Instead, American processors will…