As President-elect Donald Trump vows sweeping tariffs on even America's close partners once in office, U.S. wine merchants and restaurateurs are watching with trepidation -- and pushing for exclusions they say will protect small businesses. Should Washington reintroduce 25 percent levies on European food and wines, the situation would be "crippling to many, myself included," added the chef, who employs …
New York CNN — In 2018, Bobby Djavaheri feared his family’s appliance business faced an existential threat from the Trump administration’s tariffs on Chinese air fryers. The GAO review found “inconsistencies” in how USTR reviewed applications and that the agency “did not fully document all of its internal procedures.” Relatedly, the Commerce Department’s inspector general in 2019 found shortfalls with …
* US locks in steep China tariff hikes, many to start Sept. 27 USTR maintains tariffs of 100% on Chinese EVs, 50% on semiconductors, 25% on batteries, steel * USTR doubles tariffs on Chinese face masks, surgical gloves syringes * US adds China tariff exclusions on five machinery categories * White House adviser says tariffs counteract 'unfair' China EV cost …
Last week, the Biden administration announced it would levy dramatic new tariffs on electric vehicles, electric vehicle batteries, and battery components imported into the United States from China. In cycling circles, the US’s new trade policies have raised questions about how much bicycle companies will have to pay to get Chinese-made bicycles and components into the US, and whether any …