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US threatens 100pct tariffs on French goods over digital tax

Heather Scott, Agence France-Presse
Posted at Dec 03 08:09 AM

The United States on Monday threatened to impose tariffs of up to 100 percent on $2.4 billion in French goods in retaliation for a digital services tax it says is discriminatory. Read more »

US re-imposes steel, aluminum tariffs on Brazil, Argentina

Pascale Trouillaud and Heather Scott, Agence France-Presse
Posted at Dec 03 07:54 AM

US President Donald Trump on Monday announced plans to reimpose tariffs on steel and aluminum from Brazil and Argentina, hitting back at what he called their "unfair" policies.  Read more »

Duterte says 'misunderstood' on suspension of rice importation

Arianne Merez, ABS-CBN News
Posted at Nov 22 07:17 PM

 President Rodrigo Duterte claimed Friday that he was misunderstood on his earlier order to halt rice importation. Read more »

Hike rice tariffs to rescue farmers, ex-agriculture chief urges gov't

Michelle Ong, ABS-CBN News
Updated as of Nov 22 12:47 PM

The 35-percent tax under the Rice Tariffication Law, a measure aimed at bringing down rice prices to tame inflation, should be increased to 70-86 percent, said Leonardo Montemayor, now president of the Federation of Free Farmers. Read more »

Philippines to continue rice imports with tighter rules

Reuters
Posted at Nov 21 02:51 PM

The Philippines will not suspend rice imports but will tighten food safety measures to control the entry of cheap grain that is hurting incomes of local farmers, the agriculture chief said on Thursday.  Read more »

China still world's biggest rice importer: Agri Dept

ABS-CBN News
Updated as of Nov 11 07:19 PM

The USDA-FAS uses a different set of statistics in its projection compared to the “official” data being used by the DA, Assistant Secretary Noel Reyes told radio DZMM. Read more »

US trade secretary says 'hope' is to avoid new auto tariffs

Agence France-Presse
Posted at Nov 04 06:46 AM

After some "very good conversations" with automakers in the European Union, Japan and elsewhere, the United States may not need to impose new tariffs on imported automobiles, Commerce Secretary Wilbur Ross said Sunday.   Read more »

US may extend tariff suspensions on $34 billion in Chinese goods

Reuters
Posted at Oct 29 06:58 AM

The United States Trade Representative is studying whether to extend tariff suspensions on $34 billion of Chinese goods set to expire on Dec. 28 this year, the agency said on Monday. Read more »

US sanctions leave bitter taste on French winegrowers ' palates

Olivier Devos, Agence France-Presse
Posted at Oct 07 07:03 AM

For French winegrowers in the Burgundy region, the new 25-percent US tariffs are leaving a bitter taste on the palate.  Read more »

US to strike EU with $7.5 bn in tariffs over Airbus subsidies

Heather Scott and Ben Simon, Agence France-Presse
Posted at Oct 03 06:36 AM

Hours after getting the green light from the World Trade Organization, Washington moved Wednesday to retaliate against the EU over illegal subsidies for Airbus, announcing tariffs on $7.5 billion (6.8 billion euros) worth of European goods starting October 18.  Read more »

US wants to make 'meaningful progress' in China trade talks

Heather Scott, Agence France-Presse
Updated as of Sep 13 08:42 AM

US trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin said Thursday, one day after conciliatory gestures by both sides boosted hopes of an eventual resolution. Read more »

China lodges WTO trade complaint against US

Agence France-Presse
Updated as of Sep 03 08:36 AM

China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force.   Read more »

China's factory activity shrinks for 4th month as trade woes deepen

Roxanne Liu and Dominique Patton, Reuters
Posted at Aug 31 06:27 PM

BEIJING - Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world's second largest economy. Read more »

China to impose new tariffs on $75 bn of US imports

Ryan Mcmorrow, Agence France-Presse
Posted at Aug 24 04:18 AM

BEIJING, China—China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington's planned duty hikes, further intensifying the bruising trade war between the world's top 2 economies. Read more »

Signs of hope in trade war as US delays new tariffs on Chinese electronics

Heather Scott, Agence France-Presse
Posted at Aug 14 06:52 AM

US retailers and global financial markets got an early Christmas present Tuesday as President Donald Trump's administration announced it is delaying tariffs on key consumer electronic goods imported from China. Read more »

How Trump's latest tariff threat affects Asian currencies

ABS-CBN News
Posted at Aug 02 11:10 PM

The latest escalation in the US-China trade war may have helped central banks around the world decide on moves to ease monetary policy. Read more »

Trump's latest tariff move jolts stocks, oil, bond markets

John Biers, Agence France-Presse
Posted at Aug 02 07:04 AM

President Donald Trump's new tariffs on China sent a shockwave through global markets Thursday, pushing Wall Street stocks into the red, sharpening an oil-price rout and pressuring US Treasury yields. Read more »

Trump says China may try to delay trade deal until 2020 election

Steve Holland and Jeff Mason. Reuters
Posted at Jul 27 11:57 AM

US President Donald Trump on Friday offered a pessimistic view on reaching a trade deal with China, saying Beijing may not sign one before the November 2020 election in hopes a Democrat who will be easier to deal with, will win. Read more »

The pits: How China's US tariff jab choked a cherry import boom

Yawen Chen and Shivani Singh, Reuters
Posted at Jul 23 07:32 AM

For public relations officer Rachel Li, paying top dollar for "beautiful" cherries imported from the United States was a no-brainer. Read more »

COA: Customs officials, importer liable for P381-million tariff on 1998 sugar import

Adrian Ayalin, ABS-CBN News
Posted at Jul 17 05:11 PM

MANILA - The Commission on Audit (COA) has ruled that officials of the Bureau of Customs (BOC) in Iloilo and a sugar importation firm are liable for payment of P381.471-million tariff on raw cane sugar released through the Port of Iloilo in 1998 without duties and taxes. Read more »