Example collocations logo

Tariffs in sentence

1238 examples of Tariffs in a sentence

Most Europeans take it for granted that the US will attack Iraq, and that this act of unilateralism, coming in the wake of all the other irritants such as the ABM Treaty, the Kyoto Agreement, the steel tariffs and the International Criminal Court, will have a devastating effect on transatlantic relations.
Even before his inauguration, Trump was trying to influence companies’ choices about manufacturing locations, including by threatening import tariffs on products manufactured in, say, Mexico.
On trade, Trump wants to curtail Chinese exports to the US, presumably by imposing higher tariffs on Chinese goods and pressuring US and international manufacturers to move their production facilities to America.
Unilaterally imposing tariffs on Chinese imports would likely trigger trade disputes, invite Chinese retaliation, and hurt US businesses that create wealth – and deliver affordable products to American consumers – by basing their production facilities in China.
Since 1992, it has negotiated agreements on regional communications and transport, tariffs, free trade and industrial zones, and joint border markets.
The European Union is providing that certainty through its clean-energy targets, carbon markets, and feed-in tariffs (under which utilities guarantee to pay a fixed rate for clean energy).
During the campaign, Trump threatened to retaliate against China for “raping” America on trade, to impose massive tariffs on Chinese imports, and to label China a currency manipulator on “day one.”
It is ironic that China, which has quietly waged a trade war for years, has responded to Trump’s threats to impose punitive tariffs by warning – notably, at this year’s World Economic Forum Annual Meeting in Davos – of the risks of protectionism and trade wars.
It appears to be contemplating a wide range of economic and political sanctions – from imposing punitive tariffs and designating China as a “currency manipulator” to embracing Taiwan and casting aside some 40 years of diplomacy framed around the so-called One-China policy.
If it follows through with its threats, expect China to reciprocate with sanctions on US companies operating there, and ultimately with tariffs on US imports – hardly trivial considerations for a growth-starved US economy.
It is therefore difficult to see what the UK would gain from pursuing a national trade policy – especially at a time when the United States, under President Donald Trump, is pursuing policies (such as imposing tariffs on imported steel and aluminum) that show little regard for its smaller trade partners.
But this argument could be contested, leaving UK exporters suddenly confronting tariffs and other trade barriers.
America’s Self-Defeating China PolicyHONG KONG – Trade tariffs may be getting the most attention, but the conflict between the United States and China is actually being fought on multiple fronts, including exchange rates, technology, cyberspace, and even arms.
Trump’s misguided economic nationalism – embodied in new sanctions, tariffs, and scuttled trade deals – has weakened the United States in the Pacific Rim, and created fresh opportunities for America’s adversaries.
A radical populist Trump would scrap the Trans-Pacific Partnership (TPP), repeal the North American Free Trade Agreement (NAFTA), and impose high tariffs on Chinese imports.
And even if a pragmatic Trump wanted to limit imports from China, his options would be constrained by a recent World Trade Organization ruling against “targeted dumping” tariffs on Chinese goods.
No doubt, US tariffs threaten the 18% of Chinese exports that go to the US each year.
Within China, US rhetorical broadsides, tariffs, and sanctions may be empowering Xi’s domestic critics.
Within the US, Trump’s decision to pursue sweeping import tariffs has been described by one industry representative as “the most self-destructive trade act I’ve ever seen.”
Right now, consumer goods account for only 2.3% of China’s imports, as they are subject to relatively high tariffs and value-added or sales taxes at customs, where procedures are complicated and slow.
Lowering the tariffs on consumer goods and simplifying customs procedures would improve consumer welfare while causing no significant harm to domestic industry.
For example, road transport tariffs across Africa are estimated at $0.05-$0.13
For example, Trump reportedly launched a devastating trade war because he was “unglued,” and convinced during a meeting with steel executives that tariffs were a good idea.
But, by increasing tariffs, prices also rise, which often means a welfare loss for society as a whole.
That happened in the October 2006 anti-dumping action against leather shoes, when the EU decided to impose anti-dumping tariffs against China and Vietnam.
NME status made it a lot easier for importing countries to impose special tariffs on Chinese exports, in the form of antidumping duties.
The WTO does have a specific “safeguard” mechanism that enables countries to raise tariffs temporarily when imports cause “serious injury” to domestic firms.
The Real Reason for Trump’s Steel and Aluminum TariffsCAMBRIDGE – Like almost all economists and most policy analysts, I prefer low trade tariffs or no tariffs at all.
How, then, can US President Donald Trump’s decision to impose substantial tariffs on imports of steel and aluminum be justified?
The European Union has announced plans to retaliate against US exports, but in the end the EU may negotiate – and agree to reduce current tariffs on US products that exceed US tariffs on European products.
BackNext