BBC.- The US is imposing new tariffs on $200bn (£150bn) of Chinese goods as it escalates its trade war with Beijing. These will apply to almost 6,000 items, marking the biggest round of US tariffs so far. Handbags, rice and textiles will be included, but some items expected to be targeted such as smart watches and high chairs have been excluded.
BBC.- US president Donald Trump has threatened to intensify his trade war with China, warning he could impose tariffs on almost all its imports.
BBC.- US President Donald Trump’s trade war against China has moved up a gear as it brings in a 25% tax on a second wave of goods worth $16bn (£12.4bn). The move ratchets up the dispute which began in July. The US imports far more goods from China than it exports to it.
BBC.- The US is considering 25% tariffs on $200bn (£152bn) of Chinese goods, much higher than the 10% it previously indicated it might impose, reports say.
BBC.- US tariffs on $34bn (£25.7bn) of Chinese goods have come into effect, signalling the start of a trade war between the world’s two largest economies. The 25% levy came into effect at midnight Washington time.
Bloomberg.- Bilateral tariffs may reduce the value of U.S. farm exports to China by about 40 percent, according to a report published by the Chinese Academy of Agricultural Sciences, a government think tank.
BBC.- Donald Trump campaigned for election on a promise to make trade fairer for the US, and his push to do so has him fighting with some of America’s oldest trading partners.
Bloomberg.- Some White House officials are trying to restart talks with China to avoid a trade war before U.S. tariffs on Chinese products take effect July 6, three people familiar with the plans said, setting up a battle with others in the administration who favor a harder line.
BBC.- The European Union will launch a raft of retaliatory tariffs against US exports on Friday, a top official has said. The move comes after US President Donald Trump imposed steep duties on steel and aluminium earlier this month. American exports such as blue jeans, motorbikes and bourbon whiskey will be targeted, trade commissioner Cecilia Malmstrom confirmed.
BBC.- US President Donald Trump has threatened to impose tariffs on an additional $200bn (£151bn) of Chinese goods in a growing trade row. Mr Trump said the 10% tariffs would come into effect if China “refuses to change its practices”.
BBC.- US President Donald Trump has imposed 25% tariffs on $50bn worth of Chinese goods, accusing Beijing of intellectual copyright theft. Tariffs that affect more than 800 products worth $34bn in annual trade are due to come into effect on 6 July.
Bloomberg.- President Donald Trump will cut a lonely figure at a meeting of the world’s club for wealthy nations this week. From steel tariffs to Iran sanctions and climate change, the president will find himself isolated from other Group of Seven leaders at the summit in Quebec.
BBC.- Mexico has announced new tariffs on US products in response to Donald Trump’s decision to impose steep duties on imports of steel and aluminium.
BBC.- The US is playing a “dangerous game” by slapping tariffs on European steel and aluminium, the European Union’s trade commissioner has said.
BBC.- The US has said it plans to impose 25% tariffs on $50bn worth of Chinese imports “shortly” after mid-June. Critics had accused the administration of going soft on China after Treasury Secretary Steven Mnuchin said tariffs were on hold while the two sides continue trade talks.
Bloomberg.- Goldman Sachs Group Inc. delivered a comprehensive critique of Donald Trump’s planned metal tariffs, saying they risk damaging the world’s biggest economy by raising costs just as price pressures build, hurting allies more than others, and creating a two-tier global market.
Correo Tacna.- Aprovechando la ausencia de unidades de transporte público algunas empresas de radiotaxis autorizados para circular por las calles durante las horas del censo de población y vivienda en la ciudad de Tacna han incrementado el costo por el transporte de sus ocasionales clientes.