# tariffs
Latest news and articles about tariffs
Total: 34 articles found
Ottawa Seeks a Trade Bulwark Against U.S. Coercion: Pushing an EU–CPTPP Bridge
Canada is leading exploratory talks to link the European Union and CPTPP members through harmonised rules of origin and cumulation arrangements, creating a large trade grouping intended to shield supply chains from unilateral U.S. tariff threats. The plan is technically complex and politically sensitive, but it signals a strategic move by middle powers to build alternative economic architecture amid U.S. unpredictability.
BYD and Geely Eye Mexican Plant as Springboard into the Americas
BYD and Geely are reported to be shortlisted to bid for a Nissan–Mercedes‑Benz factory in Guanajuato, Mexico. Acquiring the plant would give Chinese automakers immediate production credentials and proximity to the Americas, helping them sidestep tariff and logistics constraints while accelerating overseas expansion.
Trump Poised to Pare Back Steel and Aluminum Tariffs to Ease Consumer Pain and Court Voters
The administration is preparing to exempt selected steel and aluminum products from high tariffs introduced last summer, aiming to cool consumer prices and regain voter support. The shift narrows broad, politically contentious levies in favour of targeted national‑security probes, easing pressure on exporters in Europe and North America but preserving future legal and lobbying battles.
Fed and CBO Find U.S. Households Shoulder Almost All of Trump’s Tariff Bill
New York Fed and CBO analyses show roughly 90% of the cost of President Trump’s tariff surge has been borne by American households and businesses. The reports highlight sharp price increases, elevated economic uncertainty and rising political strain in Washington, where legal and congressional challenges to the tariff program are mounting.
China Imposes Five-Year Countervailing Duties on EU Dairy, Escalating Trade Pressure on European Exporters
China will levy countervailing duties on certain dairy imports from the EU for five years starting 13 February 2026, following an investigation that found EU subsidies harmed China’s dairy industry. The decision imposes company-specific duties, includes limited retroactivity for provisional bonds, and opens administrative and judicial review pathways.
Paris Proposes 30% China Tariff — Beijing Threatens Targeted Retaliation
A French body has proposed that the EU impose an about 30% tariff specifically on Chinese goods, prompting Beijing to outline at least three retaliatory options including anti-dumping probes into EU (notably French) wine, anti-discrimination investigations, and reciprocal tariffs. The proposal is likely illegal under WTO rules and risks targeted Chinese countermeasures that would hit French exporters and strain EU unity on China policy.
BYD Sues the U.S. Government, Challenging Trump-Era Tariffs and Seeking Rebates
BYD has sued the U.S. government, arguing that multiple tariffs put in place under the Trump administration are unlawful and seeking refunds for duties it paid. The case highlights the tensions between U.S. protectionist trade tools and the legal, commercial and geopolitical pushback from major Chinese exporters.
BYD Sues U.S. Over Trump-Era Tariffs, Testing Limits of Emergency Trade Powers
BYD has sued the U.S. federal government, arguing that tariffs imposed under the International Emergency Economic Powers Act are unlawful and seeking refunds of duties paid since April. The case joins thousands of similar challenges and could hinge on an impending Supreme Court ruling that may limit the executive’s emergency trade authority.
Volkswagen Cuts One-Third of Executives and Reorganises Factories as China EV Shock Hurts Profits
Volkswagen is cutting a third of executives in its core brand cluster and consolidating factories into five production regions as part of a drive to save €1 billion by 2030. The measures respond to a sharp sales slowdown in China, steep declines in local EV volumes and tariff pressures in North America that have eroded profits and forced tougher restructuring.
Trump Declares 'National Emergency' to Threaten Tariffs on Cuba Suppliers and Canadian Planes
President Trump declared a national emergency and threatened tariffs on countries supplying oil to Cuba while also escalating a trade dispute with Canada by threatening to suspend aircraft certifications and impose a 50% duty on Canadian-made planes. The moves mix emergency powers and trade coercion, risking legal challenges, strained allied relations and disruption to aerospace supply chains, while pushing investors toward safe-haven assets.
Trump Raises Tariffs on South Korean Imports as U.S. Markets Digest Tech Wins and Intel Weakness
President Trump announced an increase in U.S. tariffs on South Korean autos, timber and pharmaceuticals from 15% to 25%, blaming Seoul for not ratifying a bilateral trade deal. U.S. markets closed higher as investors focused on upcoming tech earnings and Microsoft’s launch of a new AI chip, while Intel slumped on weak guidance.
Trump Slaps 25% Tariffs on South Korea as Markets Rally and Microsoft Unveils New AI Chip
President Trump announced a unilateral increase in tariffs on South Korean cars, lumber and pharmaceuticals from 15% to 25%, citing Seoul’s failure to ratify a bilateral trade deal, while U.S. markets rose as investors focused on tech earnings and Microsoft’s unveiling of its Maia 200 AI chip. The tariff move risks straining a strategic alliance and creating supply‑chain uncertainty even as competition among cloud providers intensifies over in‑house AI hardware.